🟢 Datadog is trading 5.1% up today as Snowflake's earnings lift software peers

Datadog is trading 5.1% higher at $219.86, with the move appearing sector-related after Snowflake’s earnings beat.

• Snowflake reported $1.55 billion in revenue and $0.62 adjusted EPS, beating expectations.
• CNBC reported that Snowflake’s rally lifted software peers, including Datadog, which jumped more than 5%.
• The move is a sharp rebound from Datadog’s 6.53% decline on September 2; no new Datadog-specific announcement was identified.