Could this niche cloud software company evolve into a diversified tech giant?Datadog (DDOG -2.52%) attracted a stampede of bulls when it went public. The cloud-based software provider priced its initial public offering (IPO) at $27 on Sept. 19, 2019, and its stock opened at $40.35 before rallying to a record high of $196.56 on Nov. 9, 2021.At its peak, Datadog's market cap hit $61.3 billion -- or 36 times the revenue it would generate in 2022. But today, it trades at about $126 with a market cap of $41.8 bi ...

LAS VEGAS, April 9, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, announced today at Google Cloud Next that it has received Google Cloud Technology Partner of the Year awards for: AppDev - CloudOps and Marketplace - Infrastructure. This is the second consecutive year Datadog has been recognized for its achievements in the Google Cloud ecosystem, providing joint customers with unified, real-time observability and security of their Google Cloud ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Datadog (DDOG) .Datadog currently has an average brokerage recomm ...

The event will feature customers like Snowflake and HashiCorp along with a session from Azeem Azhar, award-winning technology analyst, author and entrepreneur NEW YORK, April 3, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today opened registration for DASH, its seventh annual conference. The conference will take place June 25-26, 2024 at North Javits Center in New York City. DASH will feature more than fifty sessions, with speakers from Sno ...

In the latest trading session, Datadog (DDOG) closed at $123.15, marking a -0.36% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.2%. Elsewhere, the Dow saw a downswing of 0.6%, while the tech-heavy Nasdaq appreciated by 0.11%.Shares of the data analytics and cloud monitoring company have depreciated by 5.08% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.99% and the S&P 500's gain of 3.32%.The investment communi ...

The cybersecurity industry has been expanding at a healthy pace over the years. This isn't surprising considering the rising adoption of cloud computing and connected devices, the escalation in cyberattacks, and the growing sophistication of cyber threats.It goes some way to explain why Gartner expects global cybersecurity spending to increase 14.3% in 2024 to almost $215 billion. That's after cyber spending jumped 10.6% last year. The cybersecurity market is expected to keep expanding at a nice pace over t ...

Cybersecurity is an essential expense for many businesses. Software and professionals help to protect valuable files and data from hackers. There’s a lot of money in hacking, and a cyberattack can cost a company millions of dollars. These attacks can also erode customer trust.Cybersecurity stocks benefit from these trends. These companies keep out the hackers and have vast addressable markets. Any business with an online presence needs some type of online security, and these three top cybersecurity stocks t ...

Datadog, Inc. (NASDAQ:DDOG) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 12:30 PM ET Company Participants Olivier Pomel - CEO David Obstler - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Sanjit Singh All right. Good morning. We are here to talk Datadog and Observability. We have CEO, Olivier Pomel; and CFO, David Obstler. Olivier and David, thank you for coming to the TMT Conference once again. I think you've been here, I think, 3 or 4 years in a row now. So we reall ...

Datadog, Inc. (NASDAQ:DDOG) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 12:30 PM ET Company Participants Olivier Pomel - CEO David Obstler - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Sanjit Singh All right. Good morning. We are here to talk Datadog and Observability. We have CEO, Olivier Pomel; and CFO, David Obstler. Olivier and David, thank you for coming to the TMT Conference once again. I think you've been here, I think, 3 or 4 years in a row now. So we reall ...

The tech sector is a dynamic and rapidly evolving component of the stock market. The sector comprises companies involved in the development, production, and distribution of technology and related services. This sector includes giants in computing, software, consumer electronics, and internet services. As a hotbed of innovation, the tech sector often leads the market in growth, driven by advancements in technology and increasing consumer and business reliance on digital solutions.Investing in tech stocks off ...