Cisco Buys Splunk and Tech IPOs

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Apple’s strong outlook amid the continued memory supply crunch. Plus, Roblox CEO Dave Baszucki discusses the gaming platform’s "aggressive push to enhance safety" that tempered user growth. And, Bloomberg spoke with OpenAI CFO Sarah ...  Show more

Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet and Amazon see a clear payoff from their AI spending, while Meta lags behind. Plus, Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion. And Stripe ...  Show more

Bloomberg Intelligence Senior Technology Analyst Woo Jin Ho reports on Cisco Systems agreeing to buy Splunk in a deal valued at about $28 billion, representing its biggest acquisition yet and a massive push into software and artificial intelligence-powered data analysis. Frank So ...  Show more

Waystar Holding CEO Matt Hawkins discussed why the company decided to go public. This comes as the health-care payments software maker shares slipped in its trading debut after raising $968 million in the year’s largest initial public offering by a US-based company. Hawkins spoke ...  Show more

The stock market hits a new high. JPMorgan Chase CEO Jamie Dimon expresses bullishness about the economic recovery and concern about the future. Constellation Brands serves up strong growth. Amazon gains ground in digital advertising and announces plans to open its first grocery ...  Show more

Target and Walmart rise on strong sales growth. Home Depot and Lowe’s slide. Bitcoin tumbles during a volatile week. AT&T’s WarnerMedia merges with Discovery to make a new entertainment juggernaut. Twilio and Snap rise after each makes a big acquisition. Oatly surges in its Wall ...  Show more