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Fastly is surging 7% on a session when the cloud sector and broad market are both sliding, and no news, analyst call, or catalyst explains the move. The reason behind the rally matters a lot given where the stock sits after a 123% run this year.

The S&P 500 Index ($SPX ) (SPY ) is down -0.34% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. E-mini S&P futures (ESU26 ) are down -0.41%, and September E-mini Nasdaq futures (NQU26...

Palantir Crushes Tech Stocks in August: Salesforce Nears 40% Gain, Super Micro Jumps

Datadog Stock Performance Check After Recent Pullback Datadog (DDOG) has drawn fresh attention after a recent pullback, with the stock down about 10% over the past month and roughly 8% over the past 3 months. At a last close of $212.93, Datadog sits against a backdrop of double digit annual revenue and net income growth, alongside a market value of about $76.5b. Despite the recent pullback, Datadog still shows strong long term momentum. The year to date share price return is 59.18% and the 3...

GitLab posted 21.3% revenue growth and beat earnings estimates in Q2 FY2027, driven by its Flex consumption pricing model, and raised its full-year adjusted earnings guidance.

Snowflake surged 17% on earnings night, then spent Friday giving it back while every benchmark around it barely budged. That split-screen moment raises a pointed question about who is actually selling and why.

The S&P 500 Index ($SPX ) (SPY ) is down by -0.16% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. E-mini S&P futures (ESU26 ) are down -0.138%, and September E-mini...

A number of stocks jumped in the afternoon session after software equities broadly gained momentum following a pullback in treasury yields and second-quarter financial results from Snowflake.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.49% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.54%. E-mini S&P futures (ESU26 ) are up +0.50%, and September E-mini...

Datadog shares have been under pressure in the last month

Datadog (NASDAQ:DDOG) shares rose 5. 7% in premarket trading following quarterly results from cloud data platform company Snowflake (NYSE:SNOW), which reported revenue and adjusted earnings above analyst expectations after Wednesday’s market close.

Datadog stands alone in cloud software over the past month, with a company-specific catalyst carving a wide gap between its shares and every close peer. That gap is the whole story, and it flips the usual sector-rotation explanation on its head. Datadog (NASDAQ:DDOG) stock is down 22% over the past month and trades at $210.76 […]

Palantir Technologies stock paces toward its worst day since February as Palo Alto Networks and other sector peers sell off.

Software's biggest winners are selling off hard today while the broader tech index barely flinches, and the disconnect between those two moves reveals something traders need to understand before Snowflake's report hits after the close.

DDOG's AI momentum, broad customer growth and raised guidance support a hold, despite a steep valuation and 64.6% YTD surge.

A number of stocks fell in the afternoon session after escalating geopolitical tensions in the Middle East and climbing global bond yields dampened investor risk appetite.

Okta, CrowdStrike, Datadog, Cloudflare and Palo Alto Networks led Q2's most-upgraded stocks as AI-driven agentic traffic boosts cybersecurity demand, with analysts raising price targets and ratings.

Datadog’s share price has delivered very strong gains over the past few years, and the current valuation checks send mixed signals about where the stock sits today. The Discounted Cash Flow (DCF) intrinsic value estimate points to a discount, while market multiples look rich and leave a more cautious read. Over the past 3 years, Datadog has returned 142.5%, which puts extra focus on whether recent gains already reflect the company’s long term cash flow potential. Growing adoption of multiple...

Datadog (NasdaqGS: DDOG) reports accelerating adoption of its multi-product platform among existing enterprise customers. More large clients are using a broader mix of Datadog products, deepening commercial relationships and expanding revenue sources. The company highlights cross-selling to current customers as a key driver of higher margin software revenue across its observability and security tools. This shift toward broader platform use is part of a wider move in software and AI...

A number of stocks jumped in the afternoon session after quarterly earnings and upbeat corporate commentary signaled that artificial intelligence is driving growth across enterprise software rather than threatening legacy business models.

Palo Alto Networks Stock Rises After CEO Explores Two Major Software Deals

CrowdStrike and Okta dropped results after Wednesday's close, and the shockwave landed hardest on the cybersecurity names the market had spent months punishing. The rotation playing out Thursday reveals something unusual about where sentiment repair actually goes.

The benchmark software ETF now above water for the year after Salesforce’s solid earnings. Salesforce is turning itself into a force because of its partnership with Anthropic.

Palo Alto stock tries to roll up the AI cybersecurity industry and buy out its competition.

Veeva Systems stock surges and is having its best day ever after the software company’s quarterly earnings and guidance made Wall Street believers.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.39% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.84%. E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini...

Management appears willing to think much bigger on M&A

The S&P 500 Index ($SPX ) (SPY ) is down by -0.02% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.10%. E-mini S&P futures (ESU26 ) are down -0.03%, and September E-mini...

The Information reported that between late 2024 and early 2025, Arora held a series of meetings with Okta CEO Todd McKinnon. The talks progressed to the point where the companies discussed product complementarity, but ultimately stalled over price disagreements, according to people with knowledge of the discussions cited by The Information. Okta, valued at roughly $13.5 billion at the start of last year, has since climbed around 30%, giving it a market cap near $23 billion.

The S&P 500 Index ($SPX ) (SPY ) is up by +0.04% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.01%. E-mini S&P futures (ESU26 ) are up +0.03%, and September E-mini...