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AI applications are accelerating penetration, and the stocks of Microsoft, ServiceNow, and other software companies continue to rise.
Stifel indicates that Microsoft and some Software companies are expected to continue their growth through AI monetization by 2025.
Shares of Stocks in the Broader Software Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
Wedbush Downgrades Elastic to Neutral From Outperform, $135 Price Target
Elastic (ESTC) Unveils Innovative Logsdb Index Mode for Log Management
This Elastic Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday
Elastic Initiated at Overweight by Morgan Stanley