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Elastic (ESTC) Is Up 16.3% After AI-Fueled Q1 Beat And Higher 2027 Revenue Guidance – Has The Bull Case Changed?

Elastic N.V. recently reported fiscal first-quarter 2027 results, with revenue rising to US$478.11 million and net loss narrowing to US$16.73 million, while also issuing guidance that points to continued revenue growth through fiscal 2027. Alongside the earnings beat and raised outlook, Elastic highlighted growing enterprise adoption of its AI-powered search and cloud platform, and disclosed that non-executive director Caryn Marooney will step down after her term ends in October...

Simply Wall St.
Meta Continues to Trade Jobs for AI: Robots Are “Coming For Us All”

Meta is quietly testing robots inside its data centers, and at least one employee believes physical workers are no longer safe from automation. The experiment hints at a much larger shift in how AI spending could reshape labor costs across the entire economy.

24/7 Wall St.
EXCLUSIVE: Claude Revenue Surges 1,000% as Anthropic Gains on ChatGPT

Anthropic’s Claude generated an estimated $97.2 million in mobile consumer revenue in July, up nearly 1,200% from $7.5 million in January, according to exclusive estimates from AppMagic provided to Benzinga. OpenAI’s ChatGPT still dominates the mobile market, with estimated July...

Benzinga
Will EA’s €250 Million Bundesliga Rights Deal Reshape Its Live-Services Football Narrative (EA)?

Electronic Arts has entered a multi-year €250 million licensing agreement with Germany's Bundesliga, securing rights to all 36 clubs across the top two leagues for authentic use of images, logos, and player likenesses in its football games. This deal deepens EA's access to officially licensed German football content, potentially reinforcing the appeal of its football franchise against competing titles. We'll now examine how locking in full Bundesliga rights could influence Electronic Arts'...

Simply Wall St.