Elastic (ESTC) announced a new five-year strategic collaboration agreement with Amazon Web Services (AMZN). “The agreement reflects a shared commitment to help accelerate organizations’ transition into AI-native enterprises through joint product integrations and go-to-market initiatives that help customers build generative AI-based applications faster while reducing complexity,” Elastic said in a statement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESTC:
- Elastic announces five-year stra collaboration agreement with AWS
- Elastic’s Hold Rating: Balancing AI Opportunities with Execution Challenges and Macroeconomic Risks
- Is ESTC a Buy, Before Earnings?
- Options Volatility and Implied Earnings Moves This Week, May 27 – May 30, 2025
- Elastic price target lowered to $105 from $125 at TD Cowen