10 Trending AI Stocks on Wall Street

5. Datadog, Inc. (NASDAQ:DDOG)

Number of Hedge Fund Holders: 103

Datadog, Inc. (NASDAQ:DDOG) is one of the 10 Trending AI Stocks on Wall Street. On August 20, the company announced that it is now ‘In Process’ for GovRAMP High Authorization, a rigorous, government-mandated security compliance framework for cloud services used by governments.

The designation will allow Datadog for Government to work toward authorization to support mission-critical workloads and sensitive data in regulated environments. This will allow state, local and education (SLED) IT teams, as well as their vendor partners, to speed up digital transformation with increased confidence and security.

“This status reflects our continued investment in helping the public sector strengthen operational resilience and improve cost-efficiency. Observability is foundational to delivering secure, high-performing digital services. With Datadog for Government now ‘In Process’ for GovRAMP High, we’re enabling agencies to gain end-to-end visibility, reduce downtime and make smarter use of their IT resources.”

– Ryan Gault, Regional Director, SLED East at Datadog.

Datadog, Inc. (NASDAQ:DDOG) offers a cloud-based SaaS platform for monitoring and analytics, specializing in cloud computing and AI-powered cybersecurity products.