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An Alphabet spinout announced its first new cybersecurity product, and competitor Splunk’s stock fell 5%
Splunk's stock dropped 5% after Alphabet's Chronicle, originally spun out of Google's X team, launched a new cybersecurity product called Backstory.
Data analytics software maker Splunk's third-quarter revenue grew 34% year-over-year and its guidance topped analyst expectations.
Sales is tough. But those at the top of the game get treated very well.