Datadog, Wix, 8x8, Akamai, Asure Software Rally Amid Tariff Relief and Tech Sector Rebound

Stocks including Datadog (DDOG), Wix (WIX), 8x8 (EGHT), Akamai Technologies (AKAM), and Asure Software (ASUR) rose sharply on January 21, 2026, after President Trump suspended planned 10% tariffs on European allies and eased concerns of a transatlantic trade war. The move followed a Davos meeting with NATO Secretary General Mark Rutte, where a "framework for a future deal" on Greenland and Arctic cooperation was announced. The relief rally boosted growth stocks, sending the Nasdaq Composite up 1.5% and erasing the S&P 500’s 2026 losses. The 10-year Treasury yield declined as inflation fears receded. Datadog shares gained despite being down 7.7% year-to-date and trading at $123.46, 38.2% below its November 2025 high of $199.72. The stock has seen 18 moves greater than 5% over the past year, reflecting volatility tied to broader tech sentiment. A recent 3% drop followed news that Chinese customs blocked Nvidia’s H200 AI chips, sparking sector-wide concerns over geopolitical fragmentation in semiconductor supply chains.