Bernstein: Datadog (DDOG.US) and Cloudflare (NET.US) stocks are oversold; strong AI business growth could drive Q3 earnings to exceed expectations

智通财经APP has learned that Wall Street research firm Bernstein released a report on Monday stating that last Friday's large-scale sell-off of cloud infrastructure software stocks may have been an overreaction. Although the latest results from Amazon Web Services (AWS) and Twilio (TWLO.US) have triggered market concerns about a slowdown in cloud computing demand, Bernstein believes that Datadog (DDOG.US) and Cloudflare (NET.US) are expected to outperform the overall industry in their upcoming third-quarter earnings reports, thanks to the rapid growth of artificial intelligence (AI)-related businesses.