Datadog drops 15%+ after forecasting weaker full-year sales due to reduced usage from its largest client, a leading AI company; Q2 revenue rises 36% to $1.12B (Katherine Hamilton/Wall Street Journal)

Techmeme ·

Datadog shares fell after weaker guidance tied to lower usage from a major AI customer, signaling infrastructure demand volatility.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/business/earnings/datadog-says-lower-usage-from-major-ai-customer-could-dent-growth-8b8904c9?st=DTErXc&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260806/i28.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260806/p28#a260806p28" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Katherine Hamilton / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/business/earnings/datadog-says-lower-usage-from-major-ai-customer-could-dent-growth-8b8904c9?st=DTErXc&amp;reflink=desktopwebshare_permalink">Datadog drops 15%+ after forecasting weaker full-year sales due to reduced usage from its largest client, a leading AI company; Q2 revenue rises 36% to $1.12B</a></b></span>&nbsp; &mdash;&nbsp; The data-security company still posted growth in the second quarter, but shared a full-year sales outlook that was below Wall Street estimates</p>