The Latest Breaking News from Kash Rangan

Autodesk Inc (NASDAQ:ADSK) shares rallied in early trading on Friday after the company reported upbeat fiscal second-quarter results.

As the demand for data-driven insights and cloud-based solutions intensifies, companies providing these services are experiencing significant growth and investor interest. Snowflake Inc. (NYSE:SNOW), a leader in data cloud services, is at the forefront of this trend, capturing attention with its robust financial performance and strategic innovation.

MongoDB Inc. (NASDAQ:MDB) is enjoying its biggest one-day rally since going public in 2017.

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

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

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.

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

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

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…