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Datadog raises annual forecast on strong cloud security demand; shares up 29%

Datadog raises annual forecast on strong cloud security demand; shares up 29%

May 7 (Reuters) - Cloud security firm Datadog on Thursday raised its annual forecast after beating Wall Street expectations for first-quarter results, fueled by high demand for its cloud security products amid rising artificial intelligence adoption.
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Datadog's Stock Surges 31% Following Blockbuster Earnings and AI Advancements

Datadog's Stock Surges 31% Following Blockbuster Earnings and AI Advancements

Datadog's Stock Surges 31% Following Blockbuster Earnings and AI Advancements
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EPAM Systems Reports Strong Q1 2026 Financial Results Amid AI Transformation

EPAM Systems Reports Strong Q1 2026 Financial Results Amid AI Transformation

EPAM Systems Reports Strong Q1 2026 Financial Results Amid AI Transformation
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EPAM Systems Reports Strong Q1 2026 Financial Results Amid AI Growth

EPAM Systems Reports Strong Q1 2026 Financial Results Amid AI Growth

EPAM Systems Reports Strong Q1 2026 Financial Results Amid AI Growth
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Palantir Stock Declines Despite Strong Q1 Revenue and Profit

Palantir Stock Declines Despite Strong Q1 Revenue and Profit

Palantir Stock Declines Despite Strong Q1 Revenue and Profit
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CoreWeave tops revenue estimates as AI boom supercharges cloud demand

CoreWeave tops revenue estimates as AI boom supercharges cloud demand

May 7 (Reuters) - CoreWeave Inc beat analysts' estimates for quarterly revenue on Thursday, as the specialized cloud provider tapped into strong demand for its high-performance computing services used to train and deploy artificial intelligence models.
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Supermicro Stock Surges Amid Strong AI Demand and Revenue Forecast

Supermicro Stock Surges Amid Strong AI Demand and Revenue Forecast

Supermicro Stock Surges Amid Strong AI Demand and Revenue Forecast
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Super Micro Misses Q1 Sales Expectations but Stock Rises on Positive Outlook

Super Micro Misses Q1 Sales Expectations but Stock Rises on Positive Outlook

Super Micro Misses Q1 Sales Expectations but Stock Rises on Positive Outlook
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Micron's Valuation Sparks Debate Amid AI-Driven Market Surge

Micron's Valuation Sparks Debate Amid AI-Driven Market Surge

Micron's Valuation Sparks Debate Amid AI-Driven Market Surge
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Palantir Technologies Reports Significant Revenue Growth and Raises 2026 Guidance

Palantir Technologies Reports Significant Revenue Growth and Raises 2026 Guidance

Palantir Technologies Reports Significant Revenue Growth and Raises 2026 Guidance
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Alphabet closes in on Nvidia's spot as world's biggest company

Alphabet closes in on Nvidia's spot as world's biggest company

By Shashwat Chauhan May 5 (Reuters) - Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts and booming cloud business.
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AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

AMD forecasts quarterly revenue above expectations as AI chip demand stays strong

May 5 (Reuters) - Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, betting on resilient demand for its data-center chips as cloud providers accelerate spending on artificial intelligence infrastructure.