
Pomerantz LLP is investigating Confluent, Inc. for potential securities fraud following the company's Q2 2025 earnings report. Confluent revealed that a major AI-native customer is shifting to self-managing its data platforms, reducing usage of Confluent Cloud and causing an expected slowdown in Q4 cloud revenue growth. This disclosure led to a 32.86% drop in Confluent's stock price. The investigation aims to determine if Confluent and its executives engaged in unlawful business practices. Investors affected are encouraged to contact Pomerantz LLP for possible class action participation.