GitLab Inc.·Technology

GitLabn (NASDAQ:GTLB) is facing a mixed demand backdrop and limited near-term evidence of acceleration, while AI-driven disruption remains a persistent headline risk, according to UBS analysts. The investment bank said it is initiating coverage of the DevOps platform company with a Neutral stance, following conversations with 10 industry contacts that pointed to stable but unspectacular fundamentals.

SAN FRANCISCO--(BUSINESS WIRE)--All Remote — GitLab Inc., the intelligent orchestration platform for DevSecOps, today released GitLab 18.11, expanding agentic AI across the entire software lifecycle with security remediation, pipeline configuration, and delivery analytics. AI-generated code moves faster than the systems around it can keep up with, creating the AI Paradox: faster code generation without faster delivery, security, or operations to match. As code volume grows, so does the backlog.

Pre-Market Stock Futures: The futures are trading modestly higher after a wild Wednesday that saw the Nasdaq explode higher to close at an all-time high of 24,016, up a hefty 1.60%, while the S&P 500 closed up 0.80% at 7,022, also hitting a brand-new all-time closing high. The small-cap Russell 2000, the leading index this... Here Are Thursday's Top Wall Street Analyst Research Calls: Autoliv, CoreWeave, Corning, Dicks Sporting Goods, Federated Hermes, Gitlab, PayPal, Pfizer, Okta, and More

GitLab announced an expanded collaboration with Google Cloud. Customers can now access GitLab Duo Agent Platform directly from Google Vertex AI models, including Gemini.

GitLab said the expanded collaboration allows customers to power its Duo Agent Platform with Vertex AI models on Google Cloud, including Gemini models, while counting usage toward existing Google Cloud commitments.

GitLab Inc (NASDAQ:GTLB) shares are surging 5.5% to trade at $21.46 ahead of the opening bell, after the company said its expanded its partnership with Alphabet's (GOOGL) Google.
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. The company was founded in 2011 and is headquartered in San Francisco, California.
Technology
Software - Application
2,375
2021-10-14
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