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NYSE:ESTC 21 November 2025

Elastic (ESTC) Stock Slides After Strong Q2 FY26 Beat as Wall Street Resets AI Hopes

Elastic (ESTC) Stock Slides After Strong Q2 FY26 Beat as Wall Street Resets AI Hopes

Elastic shares fell as much as 12% Friday despite posting fiscal Q2 2026 revenue of $423 million, up 16% year over year and beating estimates. The stock rebounded to the low $80s by early afternoon, still down high-single digits, after brokers cut price targets. Non-GAAP EPS was $0.64, topping forecasts, but GAAP net loss widened to $51 million. Growth slowed and free cash flow dropped to $26 million.

Stock Market Today

  • Top 2 Cryptocurrencies to Buy Now: Bitcoin and Hyperliquid
    June 13, 2026, 9:15 PM EDT. In the current crypto bear market, only two cryptocurrencies stand out for investment: Bitcoin (BTC) and Hyperliquid (HYPE). Bitcoin remains strong due to its capped supply of 21 million coins, with a supply cut expected in 2028 through a process called halving, which historically supports price rises. Despite volatility, long-term prospects depend on supply constraints. Hyperliquid, a decentralized trading platform, offers investors real cash flow via a token buyback and burn mechanism fueled by trading fees, effectively reducing supply and increasing value. Since January 2025, over $2 billion worth of tokens have been burned, highlighting its potential as a yield-generating asset. These fundamental strengths drive continued accumulation by investors amid market uncertainty.

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Kraft Heinz Shares Rally for Six Days—Is KHC a Buy Now?

Kraft Heinz Shares Rally for Six Days—Is KHC a Buy Now?

14 June 2026
Kraft Heinz closed up 0.70% at $24.39, outpacing the S&P 500, as investors weighed its 6.6% dividend yield against falling organic sales, lower adjusted earnings, and cautious analyst targets; the next earnings update is seen as the key test for whether $600 million in marketing and R&D can revive growth and support the stock’s rebound.
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