$GDDY

Commerce (CMRC) reported Q2 revenue of $84.51M, missing estimates by 0.7% and guiding lower. Shopify (SHOP) beat expectations with $3.58B revenue, up 33.7% YoY. GoDaddy (GDDY) and Wix (WIX) also reported, with Wix up 14.9% YoY. CMRC fell 5.6% post-earnings, while SHOP and WIX rose 33.3% and 29.6% respectively.

GoDaddy's Chief Strategy & Legal Officer Jared Sine sold 1,644 shares for $159,890, including a 10b5-1 plan sale and tax-related transactions. GoDaddy's stock trades at $99.74, with a $12.6B market cap and P/E of 14.76. The company reported Q2 2026 earnings of $1.83 EPS and $1.3B revenue, beating estimates. Analysts have mixed views, with StoneX reiterating a Buy rating and $140 target, while others downgraded the stock.

Gen Digital (GEN) has approached GoDaddy (GDDY) with a potential $11.8B acquisition offer. Both companies are based in Tempe and operate in the software and cybersecurity sectors. GoDaddy shares rose 4.64% to $100.85, while Gen Digital's stock fell 12.05% to $23.07 following the news. Neither company has confirmed the discussions, which remain in early stages. GoDaddy recently raised its 2025 revenue guidance to $4.93B-$4.95B, up 8% year-over-year.

Identity Digital won the U.S. government contract to operate the .us domain, taking over from GoDaddy (GDDY). The transition involves about 2 million domains, with an estimated $13 million in lost annual revenue for GoDaddy. Identity Digital operates hundreds of top-level domains and will collect fees from registrars for .us domains.

Gen Digital Inc. shares rose 6.69% on Wednesday, recovering from a selloff triggered by takeover speculation involving GoDaddy. CEO Vincent Pilette reassured investors about the company's acquisition strategy and financial outlook, citing strong business performance and raised fiscal 2027 guidance. The stock had previously declined over 34% from its 52-week high following reports of potential GoDaddy acquisition talks, which raised concerns about debt and strategic fit.

GoDaddy (NYSE: GDDY) launched Node.js Hosting, enabling customers to publish web apps with HTTPS, CDN, and firewall. The service supports deployment via API, including AI coding tools. Free previews are available, with publishing requiring a web hosting plan. According to the company, this simplifies the hosting process for developers.

Gen Digital Inc. (GEN) shares rose 5% after-hours as CEO Vincent Pilette addressed acquisition rumors and updated fiscal 2027 guidance. Revenue growth is now expected at 9%-11%, with non-GAAP EPS growth in the mid-to-high teens. Pilette did not comment on GoDaddy acquisition speculation but outlined the company's acquisition strategy, citing past successes like Avast and MoneyLion. Gen Digital's revenue has grown from $2B to over $5B in six years, with EPS nearing $3.

Gen Digital (GEN) reportedly made a preliminary takeover approach for GoDaddy (GDDY). GEN shares fell 12.05% to $23.07, while GDDY rose 4.64% to $100.85. Neither company commented, and talks are described as early. GEN's market value is $13.8B, slightly above GDDY's $12.8B. Analysts note financing challenges for GEN, given its leverage targets.

GoDaddy's stock fell sharply after its removal from the FTSE All-World Index, prompting forced selling by index funds. Legal probes into its customer acquisition practices and broader market trends also contributed to the decline. Despite strong cash flow and a loyal customer base, its high leverage and potential risks in new product launches could impact earnings.

AMD's shares surged 10%, reaching a $1 trillion market cap, driven by AI chip demand. Meta's Muse AI app boosted its stock. Moderna rallied 30% on cancer vaccine data. Akamai gained 15% after a $11.6B deal with Anthropic. Treasury yields hit 19-year highs, testing rally staying power.