|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's range||823.01 - 838.56|
|52-week range||415.07 - 923.67|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||25.66|
|Forward dividend & yield||18.40 (2.22%)|
|Ex-dividend date||20 Sept 2023|
|1y target est||N/A|
In an era of software mega-deals, old network infrastructure giant Cisco Systems (NASDAQ: CSCO) apparently doesn't want to be left out. It just announced it intends to acquire Splunk (NASDAQ: SPLK), which specializes in data log analysis and cloud observability software, for $28 billion in cash. If the deal is approved, it will instantly shoot into the top-five largest software acquisitions ever.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
After sliding yesterday on a report by the tech news website The Information that Broadcom (NASDAQ: AVGO) could lose Alphabet's(NASDAQ: GOOG) (NASDAQ: GOOGL) Google as a customer for its AI chips, the company's shares were bouncing back today as multiple sources pushed back on that idea. As a result, Broadcom stock finished Friday up 2.6%, essentially recouping all of its losses from yesterday. Several Wall Street analysts questioned the notion that Google would ditch Broadcom as its tensor processing unit supplier.