From Yahoo Finance: 2025-05-21 19:56:00

China threatens legal action against those assisting U.S. chip use sanctions, calling it discriminatory. U.S. warns against Ascend AI chips, risking export control violations. China invests in domestic supply chain. Nvidia partnership aims to build on-premises AI factories. Elastic N.V. (ESTC) stock outlook cautious ahead of earnings report.

Elastic N.V. (NYSE:ESTC) cloud growth expectation in line with estimates. TD Cowen lowers price target to $105, maintains “Hold” rating. FY26 guidance may be below consensus estimate. Elastic collaborates with Nvidia for AI factory integration. Elastic ranks 8th on AI stocks list. Potential for higher returns in other AI stocks.

Jensen Huang criticizes U.S. AI diffusion rule, calling it a failure. Sales block forces China to invest in domestic semiconductor supply chain. Hedge funds show interest in AI stocks. ESTC financial report on May 29 crucial for investor confidence. Elastic N.V. (ESTC) ranks 8th on AI stocks analysts’ radar.

Read more: Elastic (ESTC) Earnings Ahead, TD Cowen Maintains Hold and $105 Target