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February 27, 2024
Increased Annual Recurring Revenue 15% to $4.2 Billion Achieved Q4 GAAP Net Income of $427 Million Generated over $1 Billion in Annual Operating Cash Flow and Adjusted Free Cash Flow ...
February 27, 2024
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Splunk Inc. (SPLK) on Tuesday reported fiscal fourth-quarter profit of $426.5 million.
February 24, 2024
Connor Clark & Lunn Investment Management Ltd. lessened its position in Splunk Inc. (NASDAQ:SPLK – Free Report) by 38.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,017 shares of the software company’s stock after selling 76,093 shares during […]
February 24, 2024
Wall Street is paying closer attention the Fed's preferred inflation gauge than usual. TJX Cos. and Salesforce will shine a light on consumer and AI trends.
February 22, 2024
(Bloomberg) — Big tech looked poised for a rebound after Nvidia Corp.’s solid results and outlook bolstered confidence in the artificial-intelligence frenzy that has powered the stock market resurgence. The giant chipmaker soared in late trading after predicting another blowout sales gain for the current quarter, with Chief Executive Officer Jensen Huang saying “accelerated computing…
February 22, 2024
Pharmaceutical giant AbbVie Inc. is looking to sell at least $13 billion of corporate bonds to help fund its acquisitions of ImmunoGen Inc. and Cerevel Therapeutics Holdings Inc., according to people with knowledge of the matter.
February 22, 2024
(Bloomberg) -- Pharmaceutical giant AbbVie Inc. sold $15 billion of bonds in the US investment-grade market on Thursday to help fund its acquisitions of ImmunoGen Inc. and Cerevel Therapeutics Holdings Inc., adding to a recent rush of buyout financings. Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Says Mobile Network Restored as ...
February 21, 2024
(Bloomberg) — Wall Street traders kept a lid on stocks ahead of results from Nvidia Corp. — the giant chipmaker at the heart of the artificial-intelligence frenzy that has powered the bull market. Just hours away from the company’s quarterly numbers, investors around the world are waiting to see whether Nvidia will be able to…
February 21, 2024
(Bloomberg) — Wall Street traders kept a lid on stocks ahead of results from Nvidia Corp. — the giant chipmaker at the heart of the artificial-intelligence frenzy that has powered the bull market. Treasury yields climbed after a $16 billion sale of 20-year bonds. Just hours away from the company’s quarterly numbers, investors around the…
February 19, 2024
NCino (NASDAQ:NCNO – Get Free Report) and Splunk (NASDAQ:SPLK – Get Free Report) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, earnings, profitability, risk and valuation. Valuation & Earnings This table compares nCino and […]