Cisco Systems completed its $28 billion all-cash acquisition of Splunk the provider of observability software, well ahead of schedule. Splunk’s results weren’t included in Cisco’s previous financial forecasts. Cisco said Monday the acquisition will be cash-flow positive (excluding certain acquisition-related costs and other expenses) and will boost non-GAAP gross margin in Cisco’s fiscal year ending July 2025.
You won't believe the amount of money that the bottler intends to return to shareholders.
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Warren Buffett is selling his largest holding, and that's a huge deal.
A stock market crash as steep as 65% wouldn't be surprising, legendary investor John Hussman said previously
While techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
Uber and Shopify sold off early Wednesday on earnings, but Arista Networks led stocks flashing buy signals on results.
Shopify reported Q1 earnings that topped analyst estimates while revenue edged by views. But shares plunged on Q2 guidance.
Analysts just updated their forecasts for S&P 500 growth this year on the heels of just-reported first-quarter results. And here's a surprise.
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.