Just wrapped up a session of 'The Crew' and wow, what an experience! Itβs teamwork at its finest and the missions keep getting trickier. Who else is obsessed with it?
Senate Majority Leader John Thune confirmed August 6 that the CLARITY Act floor vote is delayed until at least September 15, when lawmakers return from recess. Key sticking points include ethics rules around elected officials' crypto holdings and DeFi provisions. Prediction market Kalshi now prices the odds of the bill becoming law in 2026 at just 20%, a record low. Will the crowded fall calendar finally deliver regulatory clarity, or is the window closing? Not financial advice.
Datadog is bouncing hard midday, up 11.5%, after getting hammered 17% last Thursday despite a strong Q2 beat β revenue came in at $1.12B (vs $1.08B expected) and EPS of $0.65 topped estimates by $0.07, with full-year guidance raised to ~$4.46B. The selloff was driven by free cash flow margin compression (29%β25%), but today's buyers seem to think that was an overreaction. Several analysts have targets ranging from $295β$327. Not financial advice. Buying the dip, or still worried about the margin trend?