Core Viewpoint - A class action securities lawsuit has been filed against Elastic N.V. due to alleged securities fraud affecting investors between May 31, 2024, and August 29, 2024 [1] Group 1: Lawsuit Details - The complaint alleges that Elastic made false statements and concealed significant changes to its sales operations, particularly affecting customer segments in the Americas [2] - These changes disrupted Elastic's sales operations during the first quarter of FY 2025, leading to an overstatement of the stability of its sales operations [2] - As a result, Elastic is unlikely to meet its previously issued revenue guidance for FY 2025, making the defendants' public statements materially false and misleading [2] Group 2: Next Steps for Investors - Investors who suffered losses in Elastic during the relevant timeframe have until April 14, 2025, to request the Court to appoint them as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from May 31, 2024, to August 29, 2024, Elastic made materially false and misleading statements [1]. - Significant changes were implemented in Elastic's sales operations, particularly affecting customer segments in the Americas [1]. - These changes disrupted sales operations in the first quarter of FY 2025, leading to an overstatement of the stability of sales operations [1]. - As a result, Elastic was unlikely to meet its previously issued revenue guidance for FY 2025 [1]. - The public statements made by the defendants were materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased shares of ESTC during the specified timeframe are encouraged to register for the class action by April 14, 2025 [2]. - Registration allows shareholders to be enrolled in a portfolio monitoring software for status updates on the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Elastic To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Elastic between May 31, 2024 and August 29, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 26, 2025 (GLOBE N ...

SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Elastic N.V. (NYSE: ESTC) securities between May 31, 2024 and August 29, 2024. Elastic describes itself as “the Search AI [artificial intelligence] Company[.]” For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations th ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 31, 2024, to August 29, 2024 [3]. - Allegations include that Elastic made materially false and misleading statements, failed to disclose significant changes in sales operations, and overstated the stability of its sales operations [3]. Impact on Financial Guidance - The changes in sales operations were likely to disrupt Elastic's sales during the first quarter of FY 2025, leading to the company being unlikely to meet its previously issued revenue guidance for FY 2025 [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 14, 2025, to potentially become lead plaintiffs and receive updates on the case [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to false or misleading statements by companies [5].

Core Insights - The software industry is experiencing significant growth driven by increased enterprise AI spending, which is projected to reach 12% of IT budgets in 2025, up from 10% in January [1][4] - Nvidia's chips and cloud services are pivotal for AI deployments, with a reported $8-$10 impact on the tech ecosystem for every $1 spent on Nvidia [2] - A notable 70% of companies have raised their AI budgets, indicating robust tech spending despite economic uncertainties [2] Group 1: AI Adoption and Spending Trends - The analyst has been monitoring AI adoption across various sectors, including financial services, healthcare, transportation, and manufacturing, with a focus on large-scale deployments [3][4] - There has been a shift from strategy to implementation of high-priority AI use cases in 2025, highlighting a rapid acceleration in AI adoption [4] Group 2: Key Players in the Software Sector - Palantir Technologies Inc and Salesforce Inc are identified as top software companies benefiting from the AI Revolution in 2025, alongside other notable vendors like Oracle, IBM, Snowflake, Elastic, MongoDB, and Pegasystems [5] - IBM's cloud services have shown strong penetration, presenting significant monetization opportunities, and the company has been added to the Wedbush Best Ideas List, reflecting increased confidence in its prospects [6]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1]. Group 1: Allegations and Class Period - The class period for the allegations is from May 31, 2024, to August 29, 2024 [1]. - Allegations include that Elastic made significant changes to its sales operations, particularly affecting customer segments in the Americas, which disrupted sales operations in the first quarter of FY 2025 [1]. - It is claimed that these changes led to an overstatement of the stability of Elastic's sales operations and that the company was unlikely to meet its previously issued revenue guidance for FY 2025 [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 14, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered from deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [3].

NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Elastic N.V. ("Elastic" or the "Company") (NYSE: ESTC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Elastic investors who were adversely affected by alleged securities fraud between May 31, 2024 and August 29, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/elastic-n-v-lawsuit-submission-form ...

NEW YORK, March 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Elastic N.V. (NYSE: ESTC).Shareholders who purchased shares of ESTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/elastic-n-v-loss-submission-form/?id=137076&from=4CLASS PERIOD: May 31, 2024 to August 29, 20 ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Elastic N.V. regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting sales during FY 2025 [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 31, 2024, to August 29, 2024 [3]. - Allegations include that Elastic made materially false and misleading statements, failed to disclose significant changes in sales operations, and overstated the stability of its sales operations [3]. Impact on Financial Guidance - The changes in sales operations were likely to disrupt Elastic's sales during the first quarter of FY 2025, leading to the company being unlikely to meet its previously issued revenue guidance for FY 2025 [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 14, 2025, to potentially become lead plaintiffs and receive updates on the case [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to false or misleading statements by companies [5].