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Snowflake, Elastic rise
Snowflake, Elastic rise as Wedbush upgrades due to AI revolution hitting 'next phase'
Snowflake (NYSE:SNOW) and Elastic (NYSE:ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies on the belief that the artificial intelligence revolution is "hitting the next phase.
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector. The analyst projects a monumental shift driven by generative AI adoption,
Snowflake’s stock upgraded as AI ‘revolution’ hits its ‘next gear’ with software, one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
Snowflake, Elastic Upgraded As Wall Street Analyst Cites Emerging AI Battlefield
A Wall Street analyst upgraded Snowflake and Elastic as he pointed to software as the new key AI battleground.
1d
Here's Why Elastic Stock Popped Again Today
Enterprise software company Elastic (NYSE: ESTC) reported financial results for its fiscal second quarter of 2025 last week ...
4d
on MSN
Elastic Stock Soars 19%. Here’s What’s Driving the Data Analytics Company Higher.
Elastic reported a profit of 59 cents a share, on sales of $365 million. Analysts had expected it to post profit of 38 cents ...
4d
Why Elastic Stock Flew Higher Today
Shares of enterprise software company Elastic (NYSE: ESTC) flew higher on Friday after it reported financial results for its ...
4d
Watch These Elastic Stock Price Levels After Post-Earnings Surge
Elastic handily surpassed Wall Street’s earnings expectations and lifted its outlook, sending shares in the enterprise data ...
5d
Elastic Q2 Earnings: A Bullish Case For Growth And Profitability
Elastic's recent earnings report exceeded expectations, leading to a 25% share price jump and promising near-term prospects ...
5d
Elastic shares surge 16% as company beats quarterly earnings and revenue expectations
Shares of Elastic N.V. jumped more than 16% in late trading today after the enterprise search software company solidly beat earnings and revenue expectations in its fiscal 2025 se ...
4d
Elastic’s Strong Q2 Performance and GenAI Momentum Justify Buy Rating Despite Cautious Guidance
William Blair analyst Jake Roberge has maintained their bullish stance on ESTC stock, giving a Buy rating today.Don't Miss our Black Friday ...
4d
on MSN
Elastic's stock surges 25% after 'solid' Q2 results, while Baird upgrades on 'strong turnaround'
Elastic (ESTC) stock soared on Friday after a fiscal second quarter beat and raised outlook, which saw positive reactions ...
Analytics India Magazine
1d
Elastic Unveils AI Ecosystem to Simplify GenAI Application Development
The Elastic AI Ecosystem includes integrations with top players including Amazon Web Services, Anthropic's Claude, Microsoft, ...
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