Datadog stock soars 31% on blockbuster earnings as AI winners emerge in software

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Datadog stock soars 31% on blockbuster earnings as AI winners emerge in software

Datadog surged 31% on Thursday after reporting blockbuster earnings and lifting its guidance for the year, showing how some software names are starting to prove their case as winners in artificial …

Datadog surged 31% on Thursday after reporting blockbuster earnings and lifting its guidance for the year, showing how some software names are starting to prove their case as winners in artificial intelligence . Quarterly revenue topped one billion dollars for the first time. The pop fueled rallies in shares of Snowflake and MongoDB , which each climbed 10%. Datadog provides the cloud infrastructure that AI models from OpenAI and Anthropic run on. …

Original source: CNBC Top News

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Anthropic · AI · CNBC · OpenAI