NEW YORK (Reuters) - Hotel executives are surveying vacant office and residential buildings in prime locations from the U.S. to China to drive supply growth as financing challenges for new construction hinder efforts to maximize buoyant demand. Hotel supply growth in 2024 is hovering under 1% compared to 30-year averages of 2.5%, but with commercial assets sitting empty around the...

12:15 PM EDT, 06/05/2024 (MT Newswires) -- Cisco Systems ( CSCO ) on Wednesday unveiled the first of its technology integrations with Splunk following its $28 billion acquisition of the data analytics company. The company unveiled a unified observability experience for joint customers, launching Splunk Log Observer Connect for Cisco AppDynamics and Cisco AppDynamics integration with Splunk IT Service Intelligence,...

12:19 PM EDT, 06/05/2024 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price: 33.07, Change: +4.85, Percent Change: +17.19 ...

12:16 PM EDT, 06/05/2024 (MT Newswires) -- CrowdStrike Holdings ( CRWD ) posted strong fiscal Q1 results and raised its fiscal year 2025 outlook despite an increasingly mixed software selling backdrop, RBC Capital Markets said Wednesday. The cybersecurity company reported late Tuesday that its fiscal Q1 adjusted earnings advanced to $0.93 a share from $0.57 a year earlier, while revenue...