Datadog Shares Jump 30% After CEO Says AI is Boosting Sales
Datadog shares surged 30% after reporting 32% revenue growth to over $1 billion and raising full-year guidance to 26%, with CEO crediting AI adoption for driving sales.
Excerpt
<p>Datadog reported revenue grew 32% to more than $1 billion in its March quarter—up 7% from last year—and raised its full-year projection to 26% growth, from the 20% it issued a few months ago. Shares of Datadog rose around 30% after its earnings report, suggesting investors’ fears about AI’s ...</p>
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