NEW YORK, June 26, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced Datadog Kubernetes Autoscaling, a set of capabilities that intelligently automates resource optimization and can automatically scale customers' Kubernetes environments based on real-time and historical utilization metrics. With this announcement, Datadog is the first observability vendor to enable customers to make changes to their Kubernetes environments directl ...

The latest trading session saw Datadog (DDOG) ending at $116.08, denoting a -0.36% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%. The data analytics and cloud monitoring company's stock has dropped by 5.09% in the past month, falling short of the Computer and Technology sector's gain of 8.85% and the S&P 500's gain of 3.59%. The Zacks Rank system, which v ...

NEW YORK, June 20, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced the general availability of Data Jobs Monitoring, a new product that helps data platform teams and data engineers detect problematic Spark and Databricks jobs anywhere in their data pipelines, remediate failed and long-running-jobs faster, and optimize overprovisioned compute resources to reduce costs. Data Jobs Monitoring helps teams to: Datadog is the observabi ...

Here's what I told my TAZR Trader group on June 11... 2. Software/Cloud getting killed elsewhere with CRM, MDB, SNOW, and SQ still in penalty box 6. Goldman note yesterday on DDOG's "clear AI vision" as described here... The Goldman analyst reiterated his $143 PT, which is the Street average, offering 26% upside potential. Despite these concerns, more than a dozen Wall Street analysts raised their EPS estimates for this year, driving the Zacks Consensus up 8.5% from $1.42 to $1.54. I've been eyeing our re-e ...

The Zacks Consensus Estimate for DDOG's 2024 customers is pegged at 30,483, indicating year-over-year growth of 11.6%. The Zacks Consensus Estimate for 2024 revenues is pegged at $2.6 billion, indicating yearover-year growth of 22.13%. Datadog (DDOG) announced the general availability of Datadog App Builder. This new low-code development tool is designed to help teams quickly create self-service applications that integrate securely into their monitoring stacks. This new tool is expected to aid customer grow ...

NEW YORK, June 17, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced the general availability of Datadog App Builder, a low-code development tool that helps teams rapidly create self-service applications and integrate them securely into their monitoring stacks. These customized apps help accelerate issue remediation at scale by enabling both technical and business users to take action on incidents, all within Datadog. "As a remote ...

Monty Rakusen AI has been the coolest thing to talk about during conference calls through last year as companies vie for investor attention and capital in one of the hottest phases of technology in the longest time. According to FactSet, AI was discussed at least 177 times across earnings calls, reaching its peak in 2023 during Q2 last year. This year created a new record as companies discussed AI almost 200 times across conference calls, according to FactSet. That does not necessarily translate to results, ...

GPUs can be more than 200% faster than CPUs when parallel processing "Today, the most widely used type of GPU-based instance is also the least expensive. This suggests that many customers are still in the experimentation phase with AI and applying the GPU instance to their early efforts in adaptive AI, machine learning inference and small-scale training," said Yrieix Garnier, VP of Product at Datadog. "We expect that as organizations expand their AI activities and move them into production, they will be spe ...

Microsoft founder and former CEO Bill Gates shared a like-minded opinion in his blog last year. "The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the internet, and the mobile phone." If Gates and Dimon are correct, the artificial intelligence boom could be the investment opportunity of a lifetime. Nvidia is the standard-bearer in accelerated computing, a discipline that pairs specialized hardware and software to accelerate complex data center workloads li ...

And so we'll just kick it off here, a very, very high level to start. Maybe for those that are not familiar with Datadog in the room, what is Datadog? What do you guys do? How do you think about the opportunity you're going after? Koji Ikeda David Obstler I mean, we monetize based on the infrastructure used to run applications and the data or logs that are used to analyze that. And so we don't monetize until the applications are in production. And then our platform takes in as much of the data as we can int ...