
Pomerantz LLP is investigating Confluent, Inc. for potential securities fraud following the company's Q2 2025 financial report. Confluent disclosed that a major AI-native customer is shifting to self-managing internal data platforms, reducing usage of Confluent Cloud and expected to lower Q4 cloud revenue growth by low single digits. This announcement caused Confluent's stock to drop nearly 33% in one day. The investigation aims to determine if Confluent and its executives engaged in unlawful business practices, with investors encouraged to contact Pomerantz for potential class action participation.