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US stocks mixed, Dow up 100 points. Consumer discretionary stocks rise, industrials down. University of Michigan index improves. Elastic, Solstice, and Gap up, while FinVolution, PayPal, and Rubrik down. Oil down 0.5%, gold down 2.2%. European and Asian markets mostly up.
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Elastic (NYSE:ESTC) today announced plans to bring OpenAI GPT cyber models into Elastic Security. By integrating these models directly into Elastic Security workflows, Elastic aims to give security teams specialized
Major M&A deals this week include: The Descartes Systems buys Tai, KKR nabs Ci FLAVORS, Skimmer Acquires Pool Builder Geek and Poologics.
Scotiabank analyst Patrick Colville maintains Elastic (NYSE:ESTC) with a Sector Perform and raises the price target from $58 to $84.
U.S. stocks were lower, with the Dow Jones index falling around 400 points on Monday. Shares of Ascendis Pharma A/S (NASDAQ:ASND) rose sharply on Monday. On Sunday, BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)
On Thursday, FinVolution Gr (NYSE:FINV) discussed second-quarter financial results during its earnings call. The full transcript is provided below. Benzinga APIs provide real-time access to earnings call transcripts and