Brind.

A software sector selloff is underway, affecting multiple companies including Snowflake Inc., Cloudflare, and Datadog due to profit-taking.

Steady: 0 in the last 7 days Updated sep 4

The latest in this situation

  1. Snowflake's stock pullback contrasted with Datadog's stability, benchmarked against QQQ.
  2. Datadog's market moves are in sympathy with the revenue guidance provided by Snowflake.
  3. A software sector selloff is underway, affecting multiple companies including Snowflake Inc., Cloudflare, and Datadog due to profit-taking.

How it started

2 reports, 2 independent, last reported Sep 2. The briefing below covers this first event.

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

A software sector selloff is underway, affecting multiple companies including Snowflake Inc., Cloudflare, and Datadog due to profit-taking.

Who's involved

What this event is mainly about
Snowflake Inc.CloudflareDatadog

How it developed

Newest first. Tap a step to see who reported it.
  1. Datadog's market moves are in sympathy with the revenue guidance provided by Snowflake.Sub-event
  2. Software sector selloff impacts Snowflake, Cloudflare, and Datadog due to profit-taking.1 source

Keep exploring

The entities involved

Coverage

Newest first; wire copies grouped