DDOG - Better Cloud AI Stock: Oracle vs. Datadog
2024-06-16 05:20:00 ET
Oracle (NYSE: ORCL) and Datadog (NASDAQ: DDOG) represent two ways to invest in the secular growth of the cloud and artificial intelligence (AI) markets. Oracle provides cloud-based database services, enterprise software, and generative AI services across its own cloud infrastructure platform. Datadog's platform collects diagnostic data from a company's servers, databases, and software in real time, and it aggregates all of that information onto unified dashboards for IT professionals. Bits AI, its new generative AI-powered chatbot, can also be used to diagnose potential problems.
Oracle's stock rallied more than 30% this year, but Datadog's stock stayed nearly flat. Let's see why the blue-chip tech stock outperformed its higher-growth peer by such a wide margin -- and if that trend will continue for the foreseeable future.
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Better Cloud AI Stock: Oracle vs. Datadog