Elastic, a company that makes super-fast internet searches using AI (that's like a super smart computer!), had some great news! Its stock price went way up because it made more money than expected. This means the company is doing really well.
- Elastic uses AI to make searches much faster.
- The company's earnings (the money it made) grew a lot.
- Big investors are buying Elastic's stock.
Fact | Number |
---|---|
Stock price increase on Friday | 15% |
Composite Rating | 97 (out of 99) |
Projected EPS increase this quarter | 76% |