Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' …

Elastic stock surged more than 15% in Friday trading following a strong fiscal second quarter earnings report. The enterprise data software company – which was a popular AI stock pick …


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Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' …

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Elastic stock surged more than 15% in Friday trading following a strong fiscal second quarter earnings report. The enterprise data software company – which was a popular AI stock pick …

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Elastic N.V. (ESTC) Latest Stock News & Headlines - Yahoo Finance

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Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' Quarter. Elastic stock surged more than 15% in Friday trading following a strong fiscal second quarter earnings report.

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Why Artificial Intelligence (AI) Stock Elastic Was A Winner Today

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Aug 26, 2024  · On Monday, Elastic (ESTC 2.57%) stock got a boost in advance of its looming quarterly earnings report. An analyst reiterated his bullish take on the artificial intelligence () …

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Why Elastic Stock Skyrocketed To A 52-Week High Today

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Dec 1, 2023  · Shares of cloud-based enterprise data search company Elastic (ESTC 2.57%) skyrocketed to 52-week highs after the company posted financial results for its fiscal second …

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Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' …

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5 days ago  · Elastic stock surged more than 15% in Friday trading following a strong fiscal second quarter earnings report. The enterprise data software company – which was a popular AI stock …

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Elastic N.V. (ESTC) Interactive Stock Chart - Yahoo Finance

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Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' Quarter. Investor's Business Daily ... Elastic Stock Skyrockets 22%: The AI Powerhouse That Just Blew Wall Street Away.

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How Elastic Stock Gained 40% Last Month | The Motley Fool

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Jan 8, 2024  · Shares of Elastic (ESTC-0.30%) rose 40.2% in December 2023, according to data from S&P Global Market Intelligence.The Dutch-American expert in enterprise data search and …

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ESTC - Elastic N.V Stock Price And Quote - FINVIZ.com

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Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' Quarter (Investor's Business Daily) 09:55AM Elastic Stock Soars 19%. Heres Whats Driving the Data Analytics Company Higher. …

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S&P 500 Giant Broadcom Leads Five Stocks Near Buy Points

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Jan 13, 2024  · Elastic Stock. ESTC shares dipped 0.3% on Friday but gained 7.5% on the week to 111.94. ... Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' Quarter; ... How …

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FAQs about Elastic Stock Surges As AI Data Demand Fuels 'Bounce Back' … Coupon?

Why did E Lastic stock surge 15% in Friday Trading?

E lastic stock surged more than 15% in Friday trading following a strong fiscal second quarter earnings report. The enterprise data software company – which was a popular AI stock pick last year – eased some investor concerns following a weaker show three months earlier. ...

Will artificial intelligence catalyze growth in elastic?

According to The Fly, Ives basically believes that the moment has come for artificial intelligence (AI) to catalyze growth for software companies, including Elastic. He (as well as other prominent analysts) is consequently recommending that investors buy Elastic stock, sending shares higher. ...

What makes Elasticsearch so successful?

And of course, Elastic's success is ground in artificial intelligence (AI). Elasticsearch helps AI experts collect, manage, and analyze the data they need for training large language models (LLMs) and other generative AI systems. ...

How did elastic cloud's earnings compare to analysts' forecasts?

Both numbers easily topped the 38 cents per-share earnings and sales of $352 million analysts were forecasting, according to consensus numbers tallied by FactSet. Elastic's sales increased 18% year-over-year while adjusted earnings increased 60%. Elastic Cloud revenue, a closely watched metric, grew 25% to $169 million. ...

What happened to elastic (ESTC)?

Shares of Elastic (ESTC) plunged on Friday. The company's second quarter revenue guidance disappointed Wall Street. Meanwhile, Bank of America downgraded Elastic to Neutral from Buy. Market Domination's Josh Lipton and Madison Mills discuss analyst reactions to the results as many slash price targets on the stock. ...

Why is elastic stock down 26%?

Why the Stock Is Down 26%. Elastic stock was tumbling Friday after the data analytics company forecast revenue for fiscal 2025 that was below Wall Street expectations. Elastic said after the stock market closed Thursday that it expects revenue for the fiscal year ending April 30, at between $1.436 billion and $1.444 billion. ...

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