Enterprise Spending Boosts Cisco's Q4 Revenue Forecast Beyond Expectations
Cisco Systems has projected an optimistic fourth-quarter revenue forecast, surpassing Wall Street estimates. Increased enterprise spending on artificial intelligence and cloud computing bodes well for Cisco's core business. The company's shares rose 5% in after-hours trading. Cisco's acquisition of Splunk is expected to accelerate revenue growth and market expansion.
Barchart · 05/15 17:04
Palantir Technologies: Navigating A New Era Of Growth And Challenges In 2024
Palantir Technologies' stock has experienced a significant rise due to growing investor confidence and government contracts. The company's financial performance has been strong, with profitable years and increased revenue. Concerns about overvaluation and scalability have been addressed, leading to a more optimistic investment thesis for Palantir.
Seeking Alpha · 03/20 01:11
Strike While The Market Is Hot
Companies are taking advantage of strong investor demand in the investment grade credit market. In the first two months of 2024, nearly 200 companies issue roughly $380 billion of new bonds in the U.S. Investment grade primary market. Monthly issuance totals for both January and February blew away the prior three-year averages of $138 billion.
Seeking Alpha · 03/19 05:45
PRESS DIGEST- Wall Street Journal - March 19
FedEx and Amazon have explored doing more business with each other. Kroger has entered a definitive agreement for the sale of its specialty pharmacy business. U.S. Auto-safety regulators have opened an investigation into a fatal crash involving a Ford car. The top stories in the Wall Street Journal.
Reuters · 03/19 05:30
Cisco Closes $28 Billion Acquisition of Splunk, Betting Big on AI
Cisco Systems closed its $28 billion acquisition of cybersecurity and analytics company Splunk on Monday. The deal is the largest in Cisco's history. The combined company will use artificial intelligence to help simplify its software and make it easier for customers to use. The companies say AI will be deeply woven into the combined company.
The Wall Street Journal · 03/18 21:15
*News On Splunk Inc. (SPLK) Now Under CSCO
Dow Jones · 03/18 21:08
Cisco Completes $28 Billion Splunk Deal Early
Cisco Systems completed its $28 billion acquisition of Splunk well ahead of schedule. Management originally said the transaction would close by the end of September. Splunk's results weren't included in Cisco's previous financial forecasts. Cisco shares were 1.4% higher on Monday morning.
Barron‘s · 03/18 16:35
Dynatrace: Don't Miss Out On The Opportunity To Drive Long-Term Portfolio Gains
Dynatrace has underperformed in the market YTD, but the sell-off has created a buying opportunity. The company is strengthening partnerships with GSIs and hyperscalers to drive market share among enterprise customers. Although Dynatrace faces competition from Datadog, the company's product innovation and financial discipline should create long-term returns for investors.
Seeking Alpha · 03/18 16:10

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