Business

AI-driven Tech Stocks Surge

Updated 2026-05-07 20:30 UTC 2 sources Positive

Tech companies like CoreWeave, Datadog, and Block reported strong earnings, driving stock prices up. These results reflect the growing importance of AI in their business models.

Coverage timeline — 3 articles
MarketWatch
100% of Block employees now use AI at work, three months after the company’s eye-popping mass-layoff announcement.
2026-05-07 20:18 UTC
CNBC
Datadog's results fueled shares of other cloud infrastructure names like Snowflake and MongoDB.
2026-05-07 20:28 UTC
CNBC
CoreWeave has been raising billions of dollars in debt to finance its data center buildout as it serves the leading AI companies.
2026-05-07 20:28 UTC
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