Datadog reported first quarter revenue of $1.01 billion, beating expectations and raising its full-year revenue guidance to $4.30-$4.34 billion, above analyst forecasts. Adjusted earnings per share were $0.60, surpassing estimates. The company saw strong growth in large customers and annual recurring revenue, driven by demand from AI-native and traditional enterprise clients. Wedbush raised its price target to $220, citing Datadog's key role in cloud migration, digital transformation, and AI adoption, signaling a strong growth outlook.
Datadog has been recognized as a Leader in Gartner's 2026 Magic Quadrant for Observability Platforms for the sixth consecutive year, ranking highest in Ability to Execute. This highlights Datadog's strong investment in AI-powered observability and se...
The REX AI Equity Premium Income ETF (AIPI) changed its distribution schedule from monthly to weekly payments while maintaining a similar annual yield near 35%. The fund generates income by selling call options on AI-focused stocks like Palantir and ...
