Splunk Inc. Stock News

CNBC's 'Squawk on the Street' crew discuss the latest acquisition.

Investors seem uncertain about the immediate future for stocks. FedEx reported solid gains in earnings in its most recent quarterly report.

The acquisition positions Cisco to build the “next generation of AI-enabled security and observability,” according to its CEO.

Cisco announced Thursday it is buying Splunk in a deal valued at about $28 billion, or $157 per share in cash. It is expected to close in the third quarter of 2024.

Splunk Inc (NASDAQ:SPLK) is to be bought by Cisco Systems (NASDAQ:CSCO) in a cash deal pitched at a big premium valuation. Cisco has agreed to pay Splunk shareholders $157 per share, versus Wednesday'

Cisco Systems Inc. plans to acquire Splunk Inc. in a deal valued at about $28 billion, the companies said Thursday.

Cisco Systems will acquire the cybersecurity and data analytics company for $157 a share in cash.

URBN, SPLK and JOB made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 21, 2023.

Here is how Splunk (SPLK) and Uber Technologies (UBER) have performed compared to their sector so far this year.

IBM collaborates with iFoodDS to develop an advanced traceability solution designed to simplify the FDA's food traceability regulations for organizations and suppliers.

Here are some of the tickers on my radar for Tuesday, Sept. 19 taken directly from my reporter's notebook.

JOB, OPCH and SPLK made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 19, 2023.

ESPN leverages IBM's watsonx.ai to introduce enticing new features to fantasy football and enhance the user experience.

STRL, SPLK and URBN made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 11, 2023.