Head Topics

Cramer breaks down Datadog's rally, says tech will continue to see gains

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

CNBC’s Jim Cramer said Datadog’s Tuesday rally helps show why tech will see continued success.

CNBC's Jim Cramer examined enterprise software company Datadog's Tuesday rally, saying it could mean success for other tech stocks.'s Tuesday rally, saying the tech stocks' gains aren't over, and the company's success signals good news for peer stocks.

"You had to be curious, examining what Datadog had to say. You couldn't be dogmatic, trapped in negativity." Cramer said."You had to believe in bowling, meaning the pin action that could come from hitting the front pin of the tech phalanx.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyDatadog builds cloud monitoring and security products for companies, making use of generative artificial intelligence. Cramer said enterprises may be realizing they can't afford to stay away from artificial intelligence and cybersecurity spending.this year as many clients engaged in cost-saving measures.

Source: Entertainment Trends (entertainmenttrends.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
Source: NBCLA - 🏆 319. / 59 Read more »

Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
Source: nbcchicago - 🏆 545. / 51 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street is set for lower a open after the Nasdaq had its first seven-session winning streak since January.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market MondayU.S. stocks tick up in premarket trading Monday, while Barclays raises its price target on Club name Starbucks (SBUX).
Source: CNBC - 🏆 12. / 72 Read more »

Snowflake, MongoDB shares rally sharply after Datadog earningsEmily Bary is a MarketWatch news editor based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »

Datadog’s stock rockets as earnings, forecast blow past estimatesEmily Bary is a MarketWatch news editor based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »