5 Things to Know Before the Stock Market Opens

Stock futures are lower ahead of the release of a key inflation report, while oil prices rise amid a lack of progress in talks to end the Iran war; the Consumer Price Index for April is expected to show the highest inflation reading in three years as the war has sent gas prices soaring; eBay has rejected the $55.5 billion takeover offer announced by GameStop last week, calling the proposal "neither credible nor attractive;" shares of Hims & Hers Health are sinking after the telehealth firm reported a surprise net loss for the first quarter; and GitLab shares are tumbling after the software development platform announced layoffs to free up capital to invest in AI projects. Here's what you need to know today.

Investopedia • 10 hours ago

GitLab employees are the latest to face layoffs limbo. Read the CEO's memo about 'openly' planning a restructuring.

GitLab stock is down after hours following its plans to lay off staff as it looks to meet the "agentic era." "The planning is happening openly, including a voluntary separation window," GitLab's CEO wrote in a memo.

Business Insider • a day ago

These 3 AI Stocks Under $50 Are Repurchasing Shares

Stock buybacks are back in the spotlight after SanDisk's recent repurchase announcement reignited the debate over how companies should return cash to shareholders.

24/7 Wall Street • May 6, 2026

NICE or GTLB: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Internet - Software sector might want to consider either Nice (NICE) or GitLab Inc. (GTLB). But which of these two stocks offers value investors a better bang for their buck right now?

Zacks Investment Research • May 6, 2026

GitLab Deepens Integration with Anthropic's Claude Models to Accelerate Secure Software Development

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., the intelligent orchestration platform for DevSecOps, today announced a deepened integration with Anthropic's Claude models, giving GitLab customers access to the latest Claude capabilities, built into the same governance, compliance, and audit framework that governs every other action in GitLab. Enterprises can access Claude models, including the newly released Claude Opus 4.7, within GitLab Duo Agent Platform via Google Cloud and AWS B.

Business Wire • Apr 28, 2026

GitLab Wins a 2026 Google Cloud Technology Partner of the Year Award for DevSecOps

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., the intelligent orchestration platform for DevSecOps, today announced that it has received the 2026 Google Cloud Technology Partner of the Year Award in the Application Development - DevSecOps category. This is the sixth consecutive year GitLab has been recognized. Development teams are adopting AI agents faster than they can govern them. GitLab and Google Cloud expanded their collaboration to help address that gap so teams get the speed.

Business Wire • Apr 22, 2026

GitLab Collaborates with AWS to Bring Agentic DevSecOps to Enterprise Teams Using Their Existing Amazon Bedrock Accounts and Spend

SAN FRANCISCO--(BUSINESS WIRE)--All Remote - GitLab Inc., the intelligent orchestration platform for DevSecOps, today announced a deepened integration with Amazon Web Services (AWS). Joint customers can now route GitLab Duo Agent Platform inference through Amazon Bedrock, powering agentic DevSecOps with the Amazon Bedrock models, IAM policies, and AWS spending commitments they already have in place. As AI agents generate more code, merge requests, and pipeline activity, enterprises need the gov.

Business Wire • Apr 21, 2026

Co-Founder Trims His Position in GitLab in $2.4 Million Sale

116,200 Class A shares were disposed indirectly, representing a transaction value of approximately $2.41 million as of April 15, 2026. This sale represented 100.00% of Sijbrandij's indirect Class A holdings, reducing his direct and indirect economic interest in Class A to zero post-transaction.

The Motley Fool • Apr 21, 2026

GitLab growth outlook mixed as AI narrative remains “difficult,” UBS says

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.

Proactive Investors • Apr 17, 2026

GitLab Extends Agentic AI with New Automated Security Remediation, Pipeline Setup, and Delivery Analytics

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.

Business Wire • Apr 16, 2026