CNBC’s Jim Cramer said Datadog’s Tuesday rally helps show why tech will see continued success.
CNBC's Jim Cramer examined enterprise software company Datadog's Tuesday rally, saying it could mean success for other tech stocks.'s Tuesday rally, saying the tech stocks' gains aren't over, and the company's success signals good news for peer stocks.
"You had to be curious, examining what Datadog had to say. You couldn't be dogmatic, trapped in negativity." Cramer said."You had to believe in bowling, meaning the pin action that could come from hitting the front pin of the tech phalanx.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyDatadog builds cloud monitoring and security products for companies, making use of generative artificial intelligence. Cramer said enterprises may be realizing they can't afford to stay away from artificial intelligence and cybersecurity spending.this year as many clients engaged in cost-saving measures.
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