Elastic (ESTC) Stock Slides After Strong Q2 FY26 Beat as Wall Street Resets AI Hopes
Elastic N.V. (NYSE: ESTC), the “Search AI Company,” is under heavy pressure in Friday trading despite delivering better‑than‑expected fiscal second‑quarter 2026 results, raising full‑year guidance and leaning harder into generative AI and cloud growth. After reporting earnings on Thursday evening,