Elsewhere on Wall Street, Confluent soared 29.4% after IBM said it would buy the company, which helps customers connect and ...

The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for ...

The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...

From jobs to housing to grocery prices, the U.S. economy has been weakening for months. But the stock market is telling a different story.

Confluent is a much smaller tech stock, and growing much faster than IBM. IBM (NYSE: IBM) is buying Confluent (NASDAQ: CFLT) ...

US stocks ease as traders await the Fed’s rate decision, with the S&P 500 and Nasdaq slipping amid caution over 2026 guidance ...

This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of ...

Under the terms of the deal announced Monday, IBM will purchase Confluent for $11 billion in cash. That amounts to $31 per ...

News of IBM's acquisition of Confluent sent the data streaming platform's stock price up nearly 30% in trading on Monday.

Shares of Confluent surged nearly 30% Monday morning after IBM announced a deal to acquire the software maker for $31 per share, valuing Confluent at $11 billion.