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via finance.yahoo.comMarkets

Cloudflare, MongoDB, Datadog, JFrog and Elastic shares plummet: what you need to know

FROM THE WIRE · FINANCE.YAHOO.COM

Cloudflare, MongoDB, Datadog, JFrog, and Elastic shares plummet, what you need to know What happened? A number of stocks fell in the morning session after software stocks extended the selloff from the previous session as investors continued to reprice valuations amid mounting…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe software repricing over AI capex concerns hits a broad group of stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Several software stocks fell in the morning session, extending the previous day's selloff.
  2. 02Investors increasingly demand clear evidence of returns on AI investment.
  3. 03The Nasdaq recorded its steepest monthly decline in over a year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Cloudflare, Inc.NETStock273.62 USDMarket closedtoday +3.19%Negative MongoDB, Inc.MDBStock335.37 USDMarket closedtoday +1.50%Negative Datadog, Inc.DDOGStock220.52 USDMarket closedtoday +2.05%Negative JFrog Ltd.FROGStock88.49 USDMarket closedtoday +3.97%Negative Elastic N.V.ESTCStock90.47 USDMarket closedtoday -0.95%Negative NASDAQ CompositeINDEX:IXICIndex25,372.01Market closedtoday +0.83%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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