Reported about 21 hours ago
Goldman Sachs highlights the evolution of the AI market, emphasizing a shift toward AI software stocks, particularly Datadog, which has received a strong endorsement from analysts with a 91% buy rating. Datadog specializes in observability software that helps businesses monitor and resolve IT performance issues, leveraging AI for enhanced operations. The company reported robust third-quarter results, reflecting growing demand for its LLM Observability tools and a healthy increase in revenue retention, indicating a promising outlook amidst the booming AI landscape.
Source: YAHOO