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Elastic Beat and Raised Guidance. Wall Street Says One Quarter Isn’t Enough.
Elastic reported a 15% year-over-year revenue increase and raised guidance for fiscal 2027, but DA Davidson maintained a Neutral rating, citing execution consistency concerns despite the strong quarter.
Amazon stock just entered the dang
Amazon shares fell into technical correction territory after declining 2% Tuesday, dropping 11% from August’s all-time high amid regulatory and AI spending concerns.
Appeal Halts Public Lands Data Center in Nevada Before Construction Begins
A federal panel halted construction on a hyperscale data center near Boulder City, Nevada, granting environmental groups and local residents a stay in their legal challenge before work began.
Sierra Club Urges Texas Senate to Mandate Better Water Reporting and Planning for Data Centers & Power Plants
The Sierra Club urges Texas legislators to require data centers and power plants to report water usage, citing concerns about strain on the state’s water resources as data center demand grows rapidly.
Trending COVID 19 News
Tiger Woods to change plea after DUI crash arrest in Florida
Tiger Woods is scheduled to change his plea in court regarding misdemeanor DUI charges stemming from a March rollover crash in Florida, with the hearing set for Wednesday morning in Martin County.
Apple Maps renames Lake Ontario as Lake America after Trump order
Apple has renamed Lake Ontario as Lake America on its Maps app for US users following a Trump executive order amid US-Canada trade tensions, with Google making a similar change.
Xi visits Egypt as China seeks deeper influence across the Mideast
Chinese President Xi Jinping visits Egypt this week to strengthen economic and diplomatic ties, positioning China as a regional stabilizer while expanding influence in the Middle East amid U.S. military involvement.
Hong Kong: Jailed activist Joshua Wong pleads guilty to foreign collusion under National Security Law
Hong Kong pro-democracy activist Joshua Wong pleaded guilty to foreign collusion charges under Beijing’s National Security Law, which carries a maximum life sentence.
Zelensky says airlines should avoid Russian airspace as Ukraine escalates drone operations
Ukraine’s president warns airlines to avoid Russian airspace as his country intensifies drone operations, telling airlines that the Russian sky is becoming “completely dangerous.”
British man deported from Sweden despite living there since childhood
A 34-year-old British man deported from Sweden after living there for 24 years since childhood exemplifies growing tensions over how the country implements post-Brexit residency rules for UK citizens.
‘I want to live’: the disabled people unable to go abroad because of care funding refusal
Disabled people in England report being blocked from traveling abroad by NHS care boards and local councils that refuse to fund their required personal care outside the UK, despite no additional costs to taxpayers.
South Korea: Disabled care home head jailed for sexually assaulting residents
A South Korean court sentenced the former head of a disabled care home to 15 years in prison for sexually assaulting multiple residents, sparking nationwide shock and prompting government inspections.
UK must end all trade with Israel, says co-founder of BDS movement
Omar Barghouti, co-founder of the BDS movement, argues the UK must end all trade with Israel, not just ban settlement goods, to fulfill its legal obligation to prevent genocide in Gaza.
10 feared dead after Turkish cargo ship sinks off Istanbul’s coast, officials say
A Turkish cargo ship with 10 crew members sank Wednesday after colliding with a tanker off Istanbul’s coast, with all aboard feared dead.
Congo’s Ebola outbreak shows no signs of slowing as deaths top 3,000
Congo’s Ebola outbreak has surpassed 3,000 deaths among over 6,100 confirmed cases, spreading faster than containment efforts can manage since its declaration in mid-May.
ICE detainee dies just hours after he was admitted into detention
A 51-year-old Chinese immigrant died hours after being admitted to an ICE detention facility in the Northern Mariana Islands on Aug. 23, marking the 57th detainee death since the start of President Trump’s second term.