Snowflake Eyes App Monitoring Startup Observe for $1B
Snowflake eyes $1B Observe acquisition to compete with Datadog and Splunk, but high consumption costs raise questions about viability.
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Snowflake eyes $1B Observe acquisition to compete with Datadog and Splunk, but high consumption costs raise questions about viability.
Datadog expects fourth-quarter revenue of up to $916 million—above Wall Street forecasts—driven by rising demand for AI-powered cloud security and monitoring tools. Shares jump over 20% in premarket trading.