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Elastic N.V.
As of May 30, 2026 at 24:05 UTC
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About Elastic N.V.
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
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Latest News
5 articlesGoogle Cloud Security partnered with Instruqt to deliver hands-on agentic AI training to over 150 practitioners at Google Next 2026. Participants built personalized Google Cloud Vertex AI environments and developed their own AI agents in sandbox environments, addressing the industry-wide gap between rapid AI feature releases and customer adoption rates.
Google Cloud Security leveraged Instruqt's hands-on learning platform to conduct one of the largest practical Agentic AI training programs at Google Next 2026, with over 150 practitioners building custom AI agents in dedicated Vertex AI sandbox environments. The initiative addresses the growing adoption gap between rapid AI feature releases and actual customer implementation.
Google Cloud Security conducted a large-scale hands-on training session using Instruqt platform to teach 150+ practitioners about agentic AI at Google Next 2026. Participants built their own AI agents in dedicated Vertex AI sandbox environments, addressing the industry-wide gap between rapid AI feature releases and actual customer adoption.
Following Anthropic's exposure of Claude Mythos, a frontier AI model that autonomously exploits zero-day vulnerabilities, the cybersecurity sector faces renewed pressure to modernize defenses. The incident triggered a 4.5% drop in the Global X Cybersecurity ETF. Major players including SentinelOne, Elastic, Rapid7, and Broadcom are advancing AI-powered security solutions, while quantum-safe encryption adoption remains critical as 91% of businesses lack formal migration roadmaps despite tightening compliance deadlines.
Kettle Hill Capital Management acquired 161,122 shares of RH (Restoration Hardware) valued at $28.87 million, making it the fund's third-largest position. Despite RH's stock being down 46.1% over the past year, the investment appears opportunistic given the company's 10% revenue growth and 64% net income increase in the first nine months of fiscal 2025, along with an improved forward P/E ratio of 20.
