Things just took another turn for the worse for Splunk (NASDAQ: SPLK) stock. Already struggling as the company tries to manage its software platform's transition to the cloud, Doug Merritt -- the CEO ...
Elastic is the commercial vendor that sits behind the Elasticsearch, Kibana, Logstash and Beats open source projects. Elasticsearch was created back in 2010 by Shay Banon, co-founder and CTO of the ...
Cisco's purchase of Splunk could lead to a wave of M&A in the software industry. Elastic N.V. could benefit from the Cisco-Splunk deal and potentially become a target for acquisition. Elastic's ...
2021 began with a sell-off on the first trading day, but that won’t deter investors from looking for attractive additions to their portfolios. Several stocks in the tech sector touched record highs ...
Wall Street is valuing these businesses very differently from each other, but one stands above the rest as a better investment right now. As the business world's migration to cloud-based operations ...
Shares of Elastic N.V.(NYSE: ESTC) fell 11.8% as of 3:39 p.m. ET Thursday, amid another tough day for high-multiple technology-growth stocks. Yet Elastic fell even harder than others, as it announced ...
Elastic's stock dropped 25% due to slightly lowered revenue guidance and high valuation, despite mid-teen growth rates. The company's shift in sales strategy disrupted processes, especially in the ...
Splunk is still trying to manage a transition to the cloud, and its overall growth could slow next year. Elastic and Dynatrace are growing much faster and are already top cloud-based data analytics ...
2021 began with a sell-off on the first trading day, but that won’t deter investors from looking for attractive additions to their portfolios. Several stocks in the tech sector touched record highs ...
The recent executive leadership shake-up has pushed me to put my Splunk stock on the chopping block. It's been a profitable journey overall, as I've been a shareholder for years, but Splunk has fallen ...