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GitLab Unveils New Capabilities for Governed Software Factory
GitLab announced new capabilities for the governed software factory, a connected system for moving software from idea to production under an organization's own policy and standards. These new innovations are designed to help organizations ship more AI-generated software to production without taking on more risk or cost. More than 70 million developers and over 10,000 enterprises innovate on GitLab today. Over the last three months on GitLab, active users of agentic software development grew 200% year over year, while secure repositories grew 100%, user namespaces grew 80%, and CI/CD pipelines grew 40%. Yet most organizations are running a shadow software factory built from separate tools for coding, issue tracking, source code management, CI/CD pipelines, security, artifact management, and deployment. These systems have no shared identity, common policy, or a record of how a change was made. That fragmentation slows handoffs, breaks context between stages, and prevents engineering leaders from tracing changes from plan to production or measuring the true impact of their AI investments. GitLab connects those steps so agents can work within an organization's context, workflows, and guardrails, while creating an evidence chain that records how changes move from intent to production. Together, these capabilities form the foundation of a governed software factory, helping organizations move from intent to production with fewer handoffs, stronger safeguards, and clearer visibility into what AI delivers.
GitLab Releases Version 19.4, Enhancing Automation Capabilities
GitLab "released GitLab 19.4. As agentic automation spreads from individual developers to entire engineering teams, what limits its reach is no longer what agents can do but how confidently an organization can extend it. GitLab 19.4 brings agentic automation to every surface developers work in, with new options for cost efficiency and the control platform owners need to scale it. Developers can now delegate a whole objective from the terminal, run flows the moment a merge request opens, and reach GitLab from any Model Context Protocol client through a governed set of tools. Platform owners get the tool-level controls and the per-person attribution to widen access to that automation and account for how it is used."
Major Averages Rebound, S&P 500 Up 0.46%
The major averages closed broadly higher, rebounding from yesterday's declines as investors continue to react to escalating tensions between the U.S. and Iran, rising oil prices, and a jump in Treasury yields. Renewed U.S.-Iran fighting has raised concerns about disruptions to energy supplies and pushed inflation expectations higher, creating a difficult backdrop for both stocks and bonds.Meanwhile, ADP showed 38,000 private-sector jobs were added in August, a slower-than-expected pace. While job creation held positive, August was the smallest gain since January.Additionally, the Federal Reserve said in its latest Beige Book report that economic activity has increased "modestly" since July, adding that employment rose "very slightly overall."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dell Technologiesreportedand sharply raised its FY27 earnings per share and revenue outlookNvidiais in advanced talks to acquire Hugging Face for up to $14B,Chevronannouncedthat establish updated terms for its joint venturesDelivery Hero'sboard recommendsfrom UberThe Fed said in its latest Beige Book that2. WALL STREET CALLS:Deutsche Bank"mispriced" Sirius XMto BuyToastto Neutral at BNP ParibasAlumisto Buy at H.C. WainwrightJPMorganNioon sluggish vehicle demandAmrizeto Neutral at JPMorgan and to Underperform at BofA3. AROUND THE WEB:Uber Technologiesis cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses, Bloomberg reportsEU antitrust regulators are eyeing the licensing practices of Oraclein a case similar to the one involving SAP, which was settled with concessions in July, Reuters saysTSMChas increased its own estimate of quarterly equipment purchases to 1.9 times what was projected in December as the company expands production to meet AI demand, Bloomberg reportsTPG-backedAsia OneHealthcare has confidentially filed for an initial public offering in Kuala Lumpur, Malaysia, seeking to raise up to 10B ringgit, or $2.5B, Bloomberg saysAdobehas acquired India-based marketing intelligence company Rilo in an agreement involving licensing and team acquisition, TechCrunch reports4. MOVERS:GitLabgained after, raising its guidance for FY27, and saying AI is proving to be a durable secular tailwindEos Energyincreased after announcing aand GooglePG&Ewas lower after saying it plans to update its 2027 capital plan byCredo Technologyslipped in New York afterand providing guidance for Q1 and FY27Palo Alto Networksand MongoDBfell after5. EARNINGS/GUIDANCE:Ollie's Bargain Outletand raised its outlook for FY26G-III Apparel, with CEO Morris Goldfarb commenting, "Our second quarter results reflect strong execution across the organization"Sprinklrand lowered its guidance for FY27Daktronics, with EPS and revenue beating consensusBrown-Forman, with CEO Lawson Whiting stating that first quarter results "reinforce our confidence in the year ahead"INDEXES:The Dow rose 295.07, or 0.56%, to 53,061.95, the Nasdaq gained 118.06, or 0.45%, to 26,217.83, and the S&P 500 advanced 35.13, or 0.46%, to 7,666.60.
GitLab Stock Rises 14.6% to $51.69
GitLab is up 14.6%, or $6.60 to $51.69.
Major Averages Rebound, ADP Reports 38,000 Jobs Added
The major averages were broadly higher, rebounding a little from yesterday's declines as investors continue to react to escalating tensions between the U.S. and Iran, rising oil prices, and a jump in Treasury yields. Renewed U.S.-Iran fighting has raised concerns about disruptions to energy supplies and pushed inflation expectations higher, creating a difficult backdrop for both stocks and bonds.Meanwhile, ADP showed 38,000 private-sector jobs were added in August, a slower-than-expected pace. While job creation held positive, August was the smallest gain since January.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dell Technologiesreportedand sharply raised its FY27 earnings per share and revenue outlookNvidiais in advanced talks to acquire Hugging Face for up to $14B,Chevronannouncedthat establish updated terms for its joint venturesAs part of a strategic review, PG&Eplans to update its 2027 capital plan byVertivUtility Innovation for $1.45B in cash2. WALL STREET CALLS:Deutsche Bank"mispriced" Sirius XMto BuyToastto Neutral at BNP ParibasAlumisto Buy at H.C. WainwrightJPMorganNioon sluggish vehicle demandAmrizeto Neutral at JPMorgan and to Underperform at BofA3. AROUND THE WEB:Uber Technologiesis cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses, Bloomberg reportsEU antitrust regulators are eyeing the licensing practices of Oraclein a case similar to the one involving SAP, which was settled with concessions in July, Reuters saysTSMChas increased its own estimate of quarterly equipment purchases to 1.9 times what was projected in December as the company expands production to meet AI demand, Bloomberg reportsTPG-backedAsia OneHealthcare has confidentially filed for an initial public offering in Kuala Lumpur, Malaysia, seeking to raise up to 10B ringgit, or $2.5B, Bloomberg saysAdobehas acquired India-based marketing intelligence company Rilo in an agreement involving licensing and team acquisition, TechCrunch reports4. MOVERS:GitLabgains after, raising its guidance for FY27, and saying AI is proving to be a durable secular tailwindEos Energyincreases afterwith MN8 Energy and GoogleAST SpaceMobilehigher after Berenbergof the stock with a Buy ratingCredo Technologylower in New York afterand providing guidance for Q1 and FY27Palo Alto Networksand MongoDBfall after5. EARNINGS/GUIDANCE:Ollie's Bargain Outletand raised its outlook for FY26G-III Apparel, with CEO Morris Goldfarb commenting, "Our second quarter results reflect strong execution across the organization"Sprinklrand lowered its guidance for FY27Daktronicswith EPS and revenue beating consensusBrown-Forman, with CEO Lawson Whiting stating that first quarter results "reinforce our confidence in the year ahead"INDEXES:Near midday, the Dow was up 244.25, or 0.46%, to 53,011.13, the Nasdaq was up 104.55, or 0.40%, to 26,204.32, and the S&P 500 was up 37.39, or 0.49%, to 7,668.86.
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