Duolingo closed up 26.8% at $162.31, the biggest move in a 383-stock priority universe that saw double-digit swings on both ends. Datadog, Vertiv, CVS and Quanta all gave up more than 12% in the same session.
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Scaling AI workloads are now showing up as profit: non-GAAP operating margin widened to 28% from 23% a year ago. Management lifted full-year guidance to $4.515 billion to $4.525 billion.
Datadog delivered a strong third quarter, with 35% year-over-year revenue growth, $290 million in operating cash flow, and $251 million in free cash flow.
Growth at that pace this deep into the cloud cycle is rare, and Pomel is pairing it with cash generation instead of spending it all chasing AI workloads. For a $73.9 billion observability name facing fresh competition from Elastic and startups, the cash conversion is the part that defends the multiple.
A 9% intraday slide to $231.01 takes roughly $7 billion off Datadog's $77.7 billion market value in a single session. Moves this size are rare for the observability leader, and where it settles into the close sets the next reference point.
Intel opened down 29%, a one-day drop of a size this name almost never posts, while the top of the board belongs entirely to pharma, led by Regeneron. Four of the five biggest decliners fell by double digits.
Applied Digital closed up 6.93%, the widest gain in a 385-name priority universe, with Sea at the other end down 5.35%.
GoPro's 10.3% jump leads the open, with Moderna close behind and the entire downside capped under 3.5%. Across the priority names, the gains are doing all the work this morning.
A 7.75% intraday slide to $244.83 takes roughly $6.9 billion off an $81.9 billion market cap in a single session. Moves this size are rare for a software name this large, and the $265.41 open is now the level to reclaim.
Datadog cleared its August 4 peak with a new 52-week high at $293.26. The observability name has nearly tripled off its February low.
A 5.35% intraday climb to $271.14 adds roughly $4.9 billion to a $90.8 billion software name, the kind of single-session repricing that rarely happens quietly here. Whether it holds into the close is the tell.
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