Market Notes

Datadog Beat and Raised — Then Fell 17% on a Warning From Its Biggest AI Customer

· 5 min read · by Ava Thompson, Nova Ventures Research

Datadog posted an accelerating, beat-and-raise quarter, then fell roughly 17% after flagging a usage pullback from its largest customer, widely believed to be OpenAI, that guts Q3 sequential growth. The selloff exposes how the market now prices AI-native software revenue.

Read the latest market notes