CFLT News and Press, Confluent Inc. From 11/30/23

By integrating with SAP Datasphere, Confluent delivers a cloud-native data streaming platform to connect and process SAP systems data in real time Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that Confluent is now available on SAP ® Stor...

Earned highest possible score from an independent research firm across 13 criteria, including data delivery, observability, data access, and partner ecosystem Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced it was named a Leader by Forrester Research in ...

2023-11-28 16:11:22 ET Shares of Confluent (NASDAQ: CFLT) , a data streaming and processing software company, were up nearly 9.6% in Tuesday trading. The software company, which is built on top of open-source big data software framework Kafka, and which helps businesses connect ...

2023-11-28 08:41:40 ET More on Confluent Confluent: Crash Due To Broken Narrative Confluent: Despite A Transitory Step Back, The Actual Motion Shows Progress Confluent: Rating Downgrade Due To Change In Sales Strategy And Macro Risk Snowflake, MongoDB, Conflu...

2023-11-27 22:20:33 ET Summary Confluent's share price decline reflects uncertainty regarding the company's ability to attract and retain customers. This is particularly problematic as Confluent has positioned its platform as a cost-effective alternative to Kafka for large custome...

2023-11-24 06:20:00 ET Technology stocks have been on fire in 2023, which is evident from the 51% surge in the Nasdaq-100 Technology Sector index, and one of the primary reasons behind this impressive rally is the growing adoption of artificial intelligence (AI) across multiple industri...

2023-11-16 05:16:49 ET Summary Confluent's most recent earnings forecast disappointed investors, leading to a ~40% drop in share price. The company's growth is being constrained by macro headwinds and a slowdown in customer adoption of new use cases. Confluent is the leader in...

2023-11-15 21:47:58 ET Summary On a standalone basis, 3Q23 earnings were solid, beating revenue estimates and improving profitability. The company's shift to a consumption-based sales strategy and increased macroeconomic risks have led to a downgrade from a buy rating to a hold. ...

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2023-11-14 06:06:00 ET According to the International Data Corporation, 90% of the world's 1,000 largest companies will use data streaming by 2025. Confluent (NASDAQ: CFLT) is a leader in the industry, and it believes its opportunity is worth $60 billion right now -- considering the...