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Elastic Delivers Performance Gains for Users Running Elasticsearch on Google Axion Processors

1. Elastic's Elasticsearch achieves 40% higher indexing on Google Axion-powered VMs. 2. This improvement enhances Elastic Cloud Serverless performance significantly.

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Why Bullish?

The significant performance boost of 40% could attract new users, potentially increasing revenue, as seen in past tech performance improvements driving stock rises.

How important is it?

The announcement enhances ESTC's competitive edge and could lead to increased adoption and market share.

Why Short Term?

This news may lead to immediate positive market sentiment and potential new contracts, impacting the stock price quickly.

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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced Elasticsearch runs with up to 40% higher indexing throughput on C4A VMs, powered by Google Axion, Google's first custom Arm-based CPU, compared to previous generations of VMs on Google Cloud. Elastic used a macro benchmarking framework for Rally with the elastic/logs track to determine the maximum indexing performance on Google Axion-powered VMs. C4A also powers Elastic Cloud Serverless. “Elastic is driving i.

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