Elastic N.V.
ESTCElastic N.V. (ESTC) is a company that develops open-source search and data analytics software, primarily known for its Elasticsearch platform. Founded in 2012 and headquartered in the Netherlands, Elastic provides solutions for search, logging, security, and analytics across various industries, helping organizations to analyze large volumes of data in real-time for insights and application enhancement.
Company News
Gigamon announced its 2025 Catalyst Partner Program and Technology Alliance Partner awards, recognizing top-performing partners including World Wide Technology, GuidePoint Security, Prescient Solutions, Vizst, Elastic, NTT Data Brazil, Carahsoft, Exclusive Networks, and NextGen. The company achieved 50% market share in the first half of 2025 acco...
Data sovereignty regulations are fragmenting global AI and cloud markets as organizations must keep sensitive data within national borders. The government cloud market is projected to reach $190.66 billion by 2033, driving demand for secure infrastructure. Major cybersecurity and cloud companies are securing government contracts and expanding cap...
Wall Street rebounded on Friday with markets gaining around 1%, as investors speculated about potential Federal Reserve interest rate policy changes. Notable stock movements included gains for Cava and WillScot, while Elastic and Veeva experienced declines following earnings reports.
Elastic reported strong Q2 earnings, beating analyst expectations, but stock dropped 16.2% due to concerns about low generative AI tool adoption and delayed government contracts.
U.S. stock futures showed mixed performance after Thursday's sell-off, with markets digesting a stronger-than-expected September jobs report and potential Federal Reserve interest rate decisions. Several companies reported earnings, with varied market reactions.
