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Business · Corporate earnings · published 2026-09-04 · via 24/7 Wall St.

Snowflake Shares Dip on Profit-Taking While Datadog Remains Stable

Image via 24/7 Wall St.
Image via 24/7 Wall St.

Snowflake's stock fell 5% on September 4 as investors locked in gains following its strong earnings guidance, while Datadog's shares held steady. Both companies have risen over 55% in 2026, with Datadog reporting Q2 revenue of $1.12 billion, up 35.6% year-over-year, and raising its full-year revenue forecast to $4.45-$4.47 billion.

Read the full article at 24/7 Wall St. →
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This summary is AI-generated and original to Mobble; the linked article is the authoritative source. Original headline: “Snowflake Falls 5% as Traders Take Profits on Its Guidance Surge; Datadog Holds Steady.” Browse more stories.