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TEEQ08

Cisco to buy cybersecurity firm Splunk for $28 billion

by Sam Bailey
Cisco to buy cybersecurity firm Splunk for  billion

Sept 21 (Reuters) – Cisco Systems (CSCO.O) on Thursday announced its agreement to acquire cybersecurity firm Splunk (SPLK.O) for approximately $28 billion. This is Cisco’s largest-ever deal and aims to …

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Instacart stock subdued as debut enthusiasm loses steam

by Sam Bailey
Instacart stock subdued as debut enthusiasm loses steam

Instacart’s stock closed nearly 11% lower on Wednesday, as the grocery delivery app joined other new stock market entrants in failing to keep up with strong gains on debut. Investors …

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SoftBank’s Arm soars nearly 25% in market debut to $65 billion valuation

by Sam Bailey
SoftBank’s Arm soars nearly 25% in market debut to  billion valuation

On September 14, SoftBank’s Arm Holdings saw a nearly 25% increase in its stock price above its Nasdaq debut price, sparking optimism among investors for a potential turnaround in the …

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Apple disputes French findings, says iPhone 12 meets radiation rules

by Sam Bailey
Apple disputes French findings, says iPhone 12 meets radiation rules

France has ordered Apple to halt the sales of its iPhone 12 model after a watchdog found that the phone’s radiation levels exceeded European Union limits. This could lead to …

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Nvidia’s $25 billion buyback plan, results lift stock to record high

by Sam Bailey
Nvidia’s  billion buyback plan, results lift stock to record high

Nvidia’s stock saw a significant increase of 6.7% and reached an all-time high following the announcement of a $25 billion stock buyback plan and record quarterly revenue driven by strong …

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