AI-Related Stocks: Snowflake, Datadog, and Upstart Poised for Rebound

Snowflake, Datadog, and Upstart are AI-related stocks that may experience a bounce back in value as interest rates decline. Snowflake offers cloud-based data warehousing services, while Datadog provides a platform for analyzing diagnostic data. Upstart utilizes AI to approve loans using non-traditional data points.
These stocks have seen declines in value due to slower spending in a challenging macro environment. However, analysts expect revenue growth for these companies to pick up as the AI market expands and interest rates decrease.
Brief news summary
Despite recent declines in stock prices, AI companies like Snowflake, Datadog, and Upstart are poised for a rebound as interest rates decrease. Snowflake is a cloud-based data warehousing company with strong potential for growth, predicting a 24% compound annual growth rate (CAGR) in the coming years. Datadog, a cloud-based diagnostic data platform, remains profitable and is expanding its generative AI ecosystem, with an estimated 86% CAGR for EPS. Upstart, an AI-powered loan evaluation company, faced challenges due to rising interest rates but is expected to see a 17% CAGR in revenue growth with decreasing interest rates. Despite current obstacles, these AI stocks offer an enticing investment opportunity, as they trade below their all-time highs and present an alternative option for counter-trend investors.
AI-powered Lead Generation in Social Media
and Search Engines
Let AI take control and automatically generate leads for you!

I'm your Content Manager, ready to handle your first test assignment
Learn how AI can help your business.
Let’s talk!
Hot news

Ilya Sutskever Assumes Leadership of Safe Superin…
Ilya Sutskever has assumed leadership of Safe Superintelligence (SSI), the AI startup he founded in 2024.

‘The world supercomputer’: Nexus activates final …
This segment is from the 0xResearch newsletter.

Tech Industry Collaborates with Pentagon to Enhan…
The collaboration between the U.S. technology sector and the Pentagon is intensifying amid rising global instability and the growing strategic relevance of artificial intelligence (AI).

Stablecoins' Potential and Adoption Challenges
Stablecoins have been widely hailed as a transformative innovation for global payments, promising fast, low-cost, and transparent transactions that could revolutionize cross-border money transfers.

U.S. M2 Money Supply Reaches Nearly $22 Trillion
In May, the United States reached a significant economic milestone as its M2 money supply hit a record $21.94 trillion, marking a 4.5% increase from the previous year—the fastest growth rate in nearly three years.

AI and Climate Change: Predicting Environmental S…
Scientists worldwide are increasingly utilizing artificial intelligence (AI) to enhance the understanding and prediction of climate change impacts on diverse ecosystems.

AI in Retail: Personalizing Customer Experiences
Artificial intelligence (AI) is profoundly transforming the retail industry, ushering in a new era of personalized shopping experiences tailored to the unique preferences and behaviors of individual consumers.