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What Happened? Shares of search AI platform provider Elastic (NYSE:ESTC) jumped 2.1% in the morning session after the company highlighted strong growth in its search business, driven by artificial ...

What Happened: Shares of search software company Elastic (NYSE:ESTC) jumped 17.7% in the mornin session after the company reported a "beat and raise" quarter. Second quarter results beat analysts' ...

Despite the mudslinging over its licensing change from open source, company growth indicates that customers are likely less concerned with source code. Open source isn’t supposed to work like this.

Earlier this week, Amazon Web Services announced Open Distro for Elasticsearch — its own version of Elasticsearch, an open source software project created by publicly-traded software company Elastic.