|Bid||111.00 x 800|
|Ask||0.00 x 900|
|Day's Range||137.02 - 139.50|
|52 Week Range||83.69 - 143.70|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 21, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||153.05|
Microsoft (MSFT) is shipping Azure Kinect DK in the United States and China. The company rolls out partner updates and enhancements to Teams, Azure and Dynamics 365, ahead of Microsoft Inspire 2019.
(Bloomberg) -- Microsoft Corp. and ServiceNow Inc., makers of cloud-based software, announced a partnership that will help ServiceNow sell to highly regulated industries and further integrate the companies’ technology. ServiceNow will use Microsoft’s Azure cloud to host workloads for the U.S. and Australian governments, the companies said Tuesday in a statement. The companies may allow other customers to run ServiceNow applications on Microsoft’s cloud, but didn’t specify when. This is the first time that ServiceNow has made its software available for use with a major public cloud-computing vendor.Microsoft will also sell ServiceNow applications, helpingServiceNow enter new segments and geographic markets. The agreement may bolster ServiceNow’s stated goal of reaching $10 billion in annual revenue. ServiceNow pitches itself as a “digital workflow company” that organizes the basics of business, such as setting up a help desk for IT operations or bringing on board new employees. Its decision to use Azure to run its software, instead of relying purely on in-house server farms, is key for Microsoft as it seeks more customers for its cloud infrastructure services. Market leader Amazon.com Inc. counts many of the biggest cloud-software application providers as clients, including Splunk Inc. and Okta Inc. “Microsoft was really best positioned as a broad strategic partner,” Lara Caimi, chief strategy officer of ServiceNow, said in an interview. “We were hearing from our customers that they wanted ServiceNow and Microsoft to work better together.”Microsoft will also use more ServiceNow software, adopting the company’s Information Technology & Employee Experience product “to improve operations, enhance employee experiences, and deliver stronger business outcomes,” according to the statement. For now, the software makers will integrate more capabilities from Microsoft's customer-relationship, accounting, and Office cloud applications with ServiceNow’s programs. The new deal with ServiceNow expands on a limited partnership the companies announced in October. Moving forward, ServiceNow will benefit from Microsoft’s security certifications as it pursues government contracts around the world. For Microsoft, the partnership will give the company another ally in the fast-growing cloud-applications space. The world’s largest software maker already partners with Adobe Inc. and SAP SE — companies that compete against a key Microsoft rival, Salesforce.com Inc. ServiceNow also goes toe-to-toe against Salesforce in help desk software, and Microsoft’s plan to sell ServiceNow products to customers fills a key gap in the Microsoft ecosystem. For its part, Salesforce has bought companies that are rivals of Microsoft, such as analytics company Tableau Software Inc. and Quip, which has a productivity suite.“It's a large vote of confidence in our platform,” said Gavriella Schuster, a Microsoft vice president.ServiceNow’s stock has gained 65% this year, closing at $293 on Monday in New York. Microsoft’s shares have jumped 35% this year to $136.96. The Redmond, Washington-based software maker is the world’s most valuable company by market capitalization.Microsoft and Santa Clara, California-based ServiceNow committed to collaborate on future solutions, and are currently hashing out some of the details. ServiceNow may join Microsoft’s Open Data Initiative, a pact with SAP and Adobe to use the same data model so mutual customers can move information among their various systems. To contact the authors of this story: Nico Grant in San Francisco at email@example.comDina Bass in Seattle at firstname.lastname@example.orgTo contact the editor responsible for this story: Andrew Pollack at email@example.com, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Recent survey of 1,300 business and IT leaders reveals that over half of their data is unknown and untapped.
Enterprise software solutions company Splunk (SPLK) fell 4.0% on June 25, 2019, to close trading at $117.99. Splunk stock has lost 13.6% since May 17, and the stock is now up just 12.5% year-to-date. Splunk has been a solid wealth creator for investors over the years.
Splunk Inc. (SPLK), delivering actions and outcomes from the world of data, today announced Splunk for Good is partnering with Rise Against Hunger to bring volunteerism and data to the fight against world hunger. Rise Against Hunger is now implementing a data-driven strategy, leveraging the Splunk® platform to improve its operations, increase supply chain visibility and efficiency of its global meal distribution network, allowing them to deliver more meals, to more people, in more places. Rise Against Hunger’s mission is to eliminate hunger in our lifetime by providing food and life-changing aid to the world’s most vulnerable by creating a global commitment to mobilize the necessary resources.
Splunk Inc NASDAQ/NGS:SPLKView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SPLK with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SPLK had net inflows of $2.96 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Software companies are rushing into the market known as DevOps. DevOps tools enable all types of corporations to develop software faster as part of digital transformation projects.
The massive volumes of information being generated and used by businesses today for informed decision making have fueled the booming business of data analytics and Big Data companies.
These Tech Stocks Gained Over 5.0% on June 10(Continued from Prior Part)Splunk stock gained 6.4% on June 10Shares of high-growth technology company Splunk (SPLK) gained 6.4% on June 10 to close the day at $118.51. Splunk stock gained on Tableau’s
Splunk Inc. (SPLK), delivering actions and outcomes from the world of data, today announced the first annual North American Splunk Boss of the SOC (BOTS), a one-day, 10-city competition, on June 19. A longtime favorite event of the security community, Splunk BOTS is a Jeopardy-style, capture-the-flag-esque competition in which participants use Splunk® solutions — and other technologies —to answer a variety of questions about realistic enterprise environment security incidents. As organizations around the world face increasingly sophisticated attacks from nation-states, rogue hacking groups and elite hacking organizations, security analysts must leverage tools that can monitor, detect and act on data at machine speed.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Salesforce going after big data, reaching a deal to buy analysts platform Tableau for $15.3 billion. Yahoo Finance's Seana Smith and Melody Hahm discuss.