4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

4 - Elastic N.V. (0001707753) (Issuer)

Elasticsearch vector database integrations with industry-leading AI technology give developers best-in-class resources to expedite the deployment of RAG applications Elastic (NYSE:ESTC), the Search AI Company, announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications. The Elastic AI Ecosystem provides developers with a curated, comprehensive set of AI technologies and tools integrated with the Elasticsearch vector database, designed to speed time-to-market, ROI delivery, and innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114

With Elastic Distributions of OpenTelemetry, SREs can now streamline collector deployment, application auto-instrumentation and lifecycle management without data translation Elastic (NYSE:ESTC), the Search AI Company, announced Kubernetes observability support in the Elastic Distributions of OpenTelemetry (EDOT) portfolio, using OpenTelemetry Operator. SREs can now access out-of-the-box configurations designed to streamline collector deployment, application auto-instrumentation and lifecycle management with Elastic Observability, providing complete visibility for Kubernetes environments. "As a 100% OpenTelemetry-native solution, Elastic Observability removes the need for SREs to manage

Developers using Elasticsearch to store vectorized data now benefit from 95% reduction in required memory Elastic (NYSE:ESTC), the Search AI Company, announced Better Binary Quantization (BBQ) in Elasticsearch. BBQ is a new quantization approach developed from insights drawn from a technique proposed by researchers at Nanyang Technological University Singapore called RaBitQ. Elastic's BBQ is a distinct evolution of the ideas presented in the RaBitQ paper. It delivers advancements in quantization for Lucene and Elasticsearch, offering high-ranking quality while achieving a 95% memory reduction and similar storage offered by scalar quantization. "Elasticsearch is evolving to become one of

Elastic (NYSE:ESTC) ("Elastic"), the Search AI Company, announced that it will release its financial results for its second quarter fiscal 2025 ended October 31, 2024 after the U.S. market close on Thursday, Nov 21, 2024. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review its financial results and business outlook. A live webcast of the conference call will be accessible from the Elastic investor relations website at ir.elastic.co. A replay of the webcast will be available for two months. About Elastic Elastic (NYSE:ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic's solu

Users now benefit from real-time insights, issue detection, and resource utilization across Elastic Cloud Hosted deployments Elastic (NYSE:ESTC), the Search AI Company, announced that AutoOps, a monitoring and management tool from Elastic's acquisition of Opster, is now fully integrated into Elastic Cloud. Elastic Cloud users can now access simplified cluster management with performance recommendations, resource utilization and cost insights, real-time issue detection and resolution paths. With AutoOps, Elastic Cloud users will be able to: Experience significantly simplified Elasticsearch management, with tailored Elastic utilization and configuration insights reducing administration ti

Elasticsearch enhances LG CNS's KeyLook AI with hybrid search, achieving a 95% increase in search relevance to dramatically improve the accessibility and usability of corporate knowledge Elastic (NYSE:ESTC), the Search AI company, today announced its successful collaboration with LG CNS, a leading digital transformation company in Korea, to help transform the company's global knowledge management services with enhanced search for generative AI (GenAI). LG CNS's KeyLook AI search algorithm is a retrieval augmented generation (RAG) system developed at its in-house AI Center. The company has integrated Elasticsearch into its search algorithm, increasing its search relevance rate to 95% while

Off-the-shelf offensive security tools and poorly configured cloud environments create openings in the attack surface Elastic (NYSE:ESTC), the Search AI Company, today released its 2024 Elastic Global Threat Report, produced by Elastic Security Labs. Based on observations from over 1 billion data points, the report reveals adversary success from using offensive security tools (OSTs) — testing tools created to proactively identify security flaws — alongside misconfigured cloud environments and a growing emphasis on credential access. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001922181/en/ "As a global platform used by mor

Developers benefit from Vertex AI's fully managed AI development platform when building production-ready RAG applications with Elastic Elastic (NYSE:ESTC), the Search AI Company, today announced support for Google Cloud's Vertex AI platform in the Elasticsearch Open Inference API and Playground. Developers can now use Vertex AI's text embedding and reranking models to build production applications on the Elasticsearch vector database. Also, with Elastic Playground, developers can quickly prototype and iterate on RAG applications with Vertex AI and Google Cloud's Gemini models. "We're excited to collaborate with Elastic to bring Vertex AI and Gemini models to even more developers," said Wa

The Elastic Search AI Platform is now available to US Government Customers in ICMP Elastic (NYSE:ESTC), the Search AI Company, today announced that it listed the Elastic Search AI Platform in the AWS Marketplace for the U.S. Intelligence Community (ICMP). ICMP is a curated digital catalog from Amazon Web Services (AWS) that makes it easy to discover, purchase, and deploy software packages and applications from vendors that specialize in supporting government customers. The Elastic Search AI platform is a powerful search, artificial intelligence (AI) and analytics engine with a highly scalable data and vector database. It provides solutions to proactively monitor systems, modernize SecOps

Developers can now use Elasticsearch to interact with data, run experiments and build applications using models available from Google AI Studio Elastic (NYSE:ESTC), the Search AI Company, today announced the Elasticsearch Open Inference API now supports the Gemini Developer API. Through Google AI Studio, developers can now interact with data in their Elasticsearch indexes, quickly run experiments and build applications using Google's models such as Gemini 1.5 Flash. Google AI Studio is where Google releases the latest models from Google DeepMind and is the fastest way to start building with Gemini. "Google Cloud is dedicated to helping our developers build efficiently so they can get up a

William Blair upgraded Elastic from Mkt Perform to Outperform

Barclays upgraded Elastic from Equal Weight to Overweight and set a new price target of $95.00 from $90.00 previously

Guggenheim initiated coverage of Elastic with a rating of Buy and set a new price target of $100.00

Robert W. Baird downgraded Elastic from Outperform to Neutral and set a new price target of $95.00 from $135.00 previously

BofA Securities downgraded Elastic from Buy to Neutral and set a new price target of $94.00 from $140.00 previously

UBS initiated coverage of Elastic with a rating of Buy and set a new price target of $135.00

Scotiabank initiated coverage of Elastic with a rating of Sector Outperform and set a new price target of $185.00

Barclays downgraded Elastic from Overweight to Equal Weight and set a new price target of $110.00 from $100.00 previously

Wells Fargo upgraded Elastic from Equal Weight to Overweight and set a new price target of $108.00 from $90.00 previously

Jefferies upgraded Elastic from Hold to Buy and set a new price target of $100.00 from $75.00 previously

Former Cisco executive joins Elastic to help spearhead company's continued growth Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately. Reporting to Elastic CEO Ash Kulkarni, Dodds will be responsible for driving all aspects of the company's revenue growth, building on its ongoing success as the leading search analytics platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211976269/en/Mark Dodds, Chief Revenue Officer, Elastic (Photo: Busines Wire) Dodds brings extensive global sales leadership experience to the

Elastic and Opster join forces to help users take charge of their search operations Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced an agreement to acquire Opster, the creators of AutoOps, a powerful platform that provides deep insight to automatically detect and resolve issues with cluster health, improve search performance, and reduce hardware costs. "We are excited to welcome the Opster team to Elastic," said Ken Exner, chief product officer, Elastic. "Opster will help our users get more out of their Elastic deployments and is part of multiple efforts underway to make our cloud offering more fully-managed and easier to operate." "Having been long

Former Datadog Vice President of Product Joins Elastic to Drive the Next Generation of AI-Powered Observability Elastic® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Abhishek Singh as general manager for Observability. Singh will oversee the evolution of Elastic Observability, which converges all types of telemetry data, including metrics, logs, and traces for unified visibility and actionable AI-powered insights. He will help spearhead the delivery of rapid advancements like the Elastic AI Assistant for Observability, which leverages the power of generative AI and an organization's own proprietary data to make problem resolution faster

Ascend grows regional presence to better serve growing data management needs MENLO PARK, Calif., July 26, 2023 /PRNewswire/ -- Ascend.io, the leader in data pipeline automation, today announced the appointment of Jeremy Poon as Head of APAC Sales, in addition to a number of sales and support hires for the Asia-Pacific region to better serve its global customer base, which includes Serko, Ports of Auckland, and Tonkin & Taylor. Poon comes to Ascend from Elastic (NYSE:ESTC) and is based in Melbourne, Australia. These new hires reflect Ascend's continued expansion of its global team, following the hiring of Robin Rostratter as Head of EMEA Sales earlier this year.

Senior executive with deep expertise in human resources for technology companies joins Elastic Elastic ® (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced the appointment of Joanna Daly as chief human resources officer (CHRO) effective July 18, 2023. Reporting to Elastic CEO Ash Kulkarni, Daly will be responsible for Elastic's human resources (HR) strategy and operations, talent management, and compensation and benefits, as Elastic continues to build on its global reputation as the leading search platform. Daly has more than 20 years of global HR experience, including HR leadership roles in IBM's consulting and technology businesses and the company's compensati

Former Proofpoint CFO Brings 30+ Years of Technology Industry Expertise Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch®, today announced that it has nominated Paul Auvil to its Board of Directors. The appointment comes as the company continues to drive growth in Elastic Cloud, while investing with discipline to expand profitability. Mr. Auvil will bring more than 35 years of finance, technology and corporate leadership experience to the Elastic Board of Directors. He served as the Chief Financial Officer of Proofpoint, Inc., a provider of security-as-a-service solutions from March 2007 until March 2023. From September 2006 to March 2007, he was an entrepreneur-in-resi

Senior executive with deep cybersecurity marketing expertise joins Elastic to drive continued growth Elastic (NYSE:ESTC), the company behind Elasticsearch, today announced the appointment of Mathew Donoghue as Chief Marketing Officer (CMO) effective February 13, 2023. Donoghue will drive scalable growth across the company's $88 billion total addressable market (TAM) by leveraging innovative solutions and a customer-first approach. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230213005523/en/Mathew Donoghue (Photo: Business Wire) As the leader of the global marketing team, Donoghue will focus on engaging customers, partners and

16-year AWS Veteran Joins Elastic to Further Accelerate Cloud Innovation Elastic (NYSE:ESTC), the company behind Elasticsearch, today announced the appointment of Ken Exner as chief product officer (CPO) effective August 29, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220825005664/en/Elastic Names Ken Exner Chief Product Officer (Photo: Business Wire) Exner will be responsible for leading engineering, product management, and product design, with a focus on enhancing the Elastic Enterprise Search, Observability, and Security solutions and delivering a best-in-class cloud service to Elastic customers. Exner will report to

Former Informatica CEO and Oracle Executive Will Bring 30+ Years of Industry Leadership to the Elastic Board Elastic (NYSE:ESTC) ("Elastic"), the company behind Elasticsearch, today announced that it has appointed Sohaib Abbasi to its Board of Directors. The appointment comes as the company further focuses on driving durable, profitable growth, widening its competitive moat, and fueling cloud growth. Abbasi will bring more than 30 years of enterprise technology and business transformation experience to the Elastic Board of Directors. From 2004 to 2015, he led Informatica as its President and Chief Executive Officer and as its Chairman from 2005 to 2016. From 1982 to 2003, he served in var

TORONTO, April 22, 2022 /CNW/ - FG Acquisition Corp. (the "Company") (TSX:FGAA) is pleased to announce the appointment of Pete Huitsing to the Company's board of directors. Mr. Huitsing has over 15 years of experience in technology, cyber security, and leadership roles encompassing public, private and government sectors. Mr. Huitsing has served as a Security Partner and Staff Security Engineer at Meta Platforms, Inc. ("Meta") (NASDAQ:FB) since 2017. Mr. Huitsing served as the VP of Engineering for ZeeMee, Inc., a venture capital-backed education technology company, from 2014 to 2017,and as the Chief Technology Officer of Petra Partners, a hedge fund focusing on alternative lending platforms,

These large-cap stocks were the best performers in the last week. Are they in your portfolio? Guidewire Software, Inc. (NYSE:GWRE) shares surged 14.08% after the company reported better-than-expected Q3 financial results and issued FY24 revenue guidance above estimates. Several analysts have increased their forecasts. GFL Environmental Inc. (NYSE:GFL) shares are up 11.62% following a report suggesting the company hired a financial advisor to review two buyout offers. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares increased 9.36% after the company issued strong guidance. Several analysts revised their forecasts. Arm Holdings Plc (NASDAQ:ARM) shares gained 9.26% in the last week.

Citigroup analyst Tyler Radke maintains Elastic (NYSE:ESTC) with a Buy and raises the price target from $145 to $155.

Scotiabank analyst Patrick Colville maintains Elastic (NYSE:ESTC) with a Sector Outperform and lowers the price target from $154 to $135.

Barclays analyst Raimo Lenschow maintains Elastic (NYSE:ESTC) with a Equal-Weight and lowers the price target from $128 to $117.

Shares of SentinelOne, Inc. (NYSE:S) shares fell sharply during Friday's session after the company posted mixed first-quarter results. SentinelOne reported quarterly losses of 23 cents per share, which missed the analyst consensus estimate of losses of 5 cents by 360%. Quarterly sales came in at $186.4 million which beat the analyst consensus estimate of $181.09 million by 2.93%, according to data from Benzinga Pro. SentinelOne shares dipped 15.9% to $16.35 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Novo Integrated Sciences, Inc. (NASDAQ:NVOS) shares jumped 130.6% to $1.04 after the company approved a $5 million stock repurchase. The comp

Canaccord Genuity analyst Kingsley Crane maintains Elastic (NYSE:ESTC) with a Buy and lowers the price target from $130 to $125.

U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Friday. Shares of Ambarella, Inc. (NASDAQ:AMBA) rose sharply during Friday's session following strong first-quarter earnings and upbeat second-quarter guidance. Ambarella posted adjusted loss of 26 cents per share, compared to market estimates for a loss of 31 cents per share. The company's quarterly sales came in at $54.473 million beating expectations of $53.875 million, according to data from Benzinga Pro. Ambarella shares jumped 23% to $59.42 on Friday. Here are some other big stocks recording gains in today's session. Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 79.5% to $464.77. The Ga