DataDog Gains, Blue Owl Drops, Shake Shack Sinks After Revenue Miss on Beef Costs, Weather
On this episode of Stock Movers:- DataDog (DDOG) shares surged by the most in more than six years after the software developer raised its full-year outlook for sales and earnings. Revenue is now expected to total $4.3 billion to $4.34 billion, above analysts’ estimates of $4.09 billion on average. Datadog Chief Executive Officer Olivier Pomel said the company is "aggressively building with and for AI", and has signed deals with "two of the world’s biggest AI research teams" to help them with their training workflows.- Blue Owl (OWL) shares drop. This comes as Blue Owl Capital is…
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