Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...
Tag: Splunk
Activist investor takes a stake in Splunk: what’s next for this stock?
Splunk Inc (NASDAQ: SPLK) is trading up this morning on a report that Starboard Value has a close to 5.0% stake in the analytics and security software company. Expert shares her outlook on Splunk stoc...
Time To Weed Your Holdings And Upgrade Your Portfolio. Here’s How.
A woman weeding her garden. Photo: Getty Images. getty With the stock market down 18% from its peak as of May 20, now is a good time for a portfolio upgrade. You can weed out losing holdings and get a...
Incoming Splunk CEO Gary Steele on his new role, company outlook
The incoming CEO of Splunk, Gary Steele, told CNBC’s Jim Cramer on Friday he hopes to be a “stabilizing force” for the company and its customers. Steele, whose appointment was announ...
Cathie Wood Watch: Ark Next-Gen Internet Buys Cybersecurity, Sells Splunk
Investment star Cathie Wood, CEO of Ark Investment Management, bought into a couple of cybersecurity firms on behalf of Ark Next Generation Internet ETF. (ARKW) – Get ARK Next Generation Intern...
Splunk stock shows volatility following surprise profit, new CEO
Splunk Inc. rallied at first in the extended session Wednesday but then shed those gains, dipping into negative territory, as the cloud-based enterprise software company reported a surprise profit, to...
Nasdaq Pares Early Gain After Ukraine Says Attack Is Imminent; Splunk Soars On Cisco Report
The stock market closed with modest losses Monday after a rally in technology stocks lifted the Nasdaq composite to an intraday gain of 0.9%. After getting turned away at its 200-day moving average la...
Splunk, Blackstone, Aerojet Rocketdyne and more
Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $20 billion takeover bid for the cloud software company, according to people familiar ...
Splunk Jumps on Report That Cisco Made $20 Billion-Plus Offer
(Bloomberg) — Splunk Inc. jumped as much as 16% in late trading on a report that Cisco Systems Inc. made an offer of more than $20 billion for the software company. Most Read from Bloomberg The ...
How Can You Respond To Customer Needs And Get Ideas Into Market Faster? Evolve Your Abstractions
Over a decade ago, Marc Andreesen appropriately stated, “software is eating the world.”1 Today, software looks quite a bit different. Not only are we consuming software over the Internet from cloud se...
Buy Splunk Stock, Not Datadog, as Cloud Growth Slows, One Analyst Says
As companies tighten their budgets ahead of a potential recession, enterprise software spending is likely to slow in 2023. That has consequences for many stocks in the group. KeyBanc Capital Markets a...