Datadog stock soars as Microsoft commentary helps fuel hopes of reacceleration

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Datadog stock soars as Microsoft commentary helps fuel hopes of reacceleration
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Shares of Datadog Inc. were rocketing 14% in midday trading Wednesday, which one analyst attributed to commentary from Microsoft Corp. about its Azure...

Shares of Datadog Inc.

about its Azure cloud-computing business. “We believe this reflects growth,” Bernstein analyst Peter Weed wrote Wednesday of Datadog’s rally. He said that Amazon.com Inc.’s AMZN Thursday afternoon results could offer “further confirmation of the rest-of-2023 setup.” In Weed’s view, Datadog’s growth opportunities... Shares of Datadog Inc.

about its Azure cloud-computing business. “We believe this reflects

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