Datadog's Stock Surges 20% After Strong Earnings Driven by AI Demand

Reported about 5 hours ago

Datadog's shares jumped over 20% following a quarterly earnings report that exceeded expectations, fueled by increased demand from AI clients. The company reported a 28% rise in revenue year-over-year, amounting to $885.7 million, and raised its full-year outlook for earnings per share and revenue. This surge reflects the growing trend of businesses benefiting from the AI boom.

Source: YAHOO

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