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The Latest Breaking News from Kash Rangan

Wall Street Forecasts 71% Upside for This Under-the-Radar Tech Stock. Is It A Buy Now?

Datadog is growing rapidly, earning a “Strong Buy” rating on Wall Street.

Barchart

In 2024, artificial intelligence was all about putting AI tools to work

Just over two years after the debut of ChatGPT, the world is getting a little savvier about what artificial intelligence technology can do for us and what it’s not so great at

The Independent UK

Goldman Sachs says AI is too expensive and unreliable — firm asks if 'overhyped' AI processing will ever pay off massive investments

Goldman Sachs interviewed several experts to offer contrarian views on the future of AI, plus they looked at the challenges the technology faces if it wants to grow indefinitely in the future.

Tom’s Hardware

From analysis to the latest developments in health,
read the most diverse news in one place.

Snowflake Earnings Watch: Will New CEO Build AI Product Momentum?

When Snowflake reports Q1 earnings, analysts expect new chief executive Sridhar Ramaswamy to tout his plans to make artificial intelligence products a bigger part of company strategy.

Investors Business Daily

1 Beaten-Down AI Stock With Around 63% Upside in 2024

The Street-high estimate for this cloud stock implies the shares can rally as much as 63% higher over the next 12 months.

Barchart

IBD Stock Of The Day Forging Buy Point As Software Giant Bounces Back

Snowflake stock, the IBD Stock of the Day, has gained 33% in 2023, rebounding from worries over its valuation and business model.

Investors Business Daily

Microsoft Poised For Strong Q4 Earnings As AI Growth Takes Center Stage

Analysts expect EPS of $2.55 and revenue of $55.47B, with AI monetization seen as key driver of future growth.

Zenger

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Read What Made Goldman Sachs Bullish On Datadog

Goldman Sachs analyst Kash Rangan raised the rating on Datadog Inc (NASDAQ:DDOG) to Conviction Buy from Buy and put a $250 price target on shares, implying some 56% upside. Rangan noted that the company is "well-positioned" for success outside of its core products, notably in security, which could boost its total addressable market by $20…

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