Breaking: Confluent, Inc. (NASDAQ; $CFLT) Spike 28% Today Confluent, Inc.BATS:CFLTDEXWireNewsConfluent, Inc. (NASDAQ; CFLT) experience a noteworthy uptick of 28% today amidst amidst breaking out of a bullish symmetrical triangle pattern. The asset broke the ceiling of the triangle near the $23 resistant aiming for a move to the $50 resistant. However, with the RSI at 78, the asset might col off a bit at the ceiling it recently broke in order to pick liquidity up. In recent news, Confluent, Inc. (NASDAQ: CFLT), today announced they have entered into a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Confluent for $31 per share, representing an enterprise value of $11 billion. Confluent provides a leading open-source enterprise data streaming platform that connects, processes and governs reusable and reliable data and events in real time, foundational for the deployment of AI. IDC estimates that more than one billion new logical applications will emerge by 20281, reshaping technology architectures across industries. To fuel meaningful outcomes and drive productivity in operations, these applications, as well as AI agents, need access to connected and trusted data – in real time. IBM and Confluent will enable end-to-end integration of applications, analytics, data systems and AI agents to drive intelligence and resilience in hybrid cloud environments. About CFLT Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers comprising Confluent Cloud, a managed cloud-native software-as-a-service (SaaS); and Confluent Platform, an enterprise-grade self-managed software.