Datadog will be added to the S&P 500 on July 9, replacing Juniper Networks after it was bought by Hewlett Packard Enterprise. This is a big deal for Datadog, a company that provides observability software, and it caused a 9. 3% increase in its stock price before the market opens.
Wedbush Securities called this move a "validation moment," showing that Datadog is becoming a major player in the observability field, especially with its growing use of AI.
Even though other companies like Robinhood and AppLovin were considered for inclusion, Datadog was chosen because of its strong performance and innovative approach.
A big part of this success is Bits AI, Datadog’s smart assistant.
It helps find problems 24/7, suggests fixes automatically, and makes it easier for developers to track issues. These features fit with the trend of using more intelligent AI systems
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