VMware, Inc. Class A News
Stock Market Today - 5/26: Stocks Rally On Fed Minutes 'Pause' Hint; Q1 GDP Revised Lower
The Fed's suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally.
Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal
"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.
Broadcom Reportedly in Talks to Snap Up VMWare
That appetite for new companies had placed Broadcom into a chip company with almost every possible tool at its disposable.
Stock Market Today - 5/23: Stocks End Higher, Dollar Eases Amid 'Fed Put' Talk
Hopeful talk of a pause in Fed rate hikes amid the worst run of weekly declines for the S&P 500 in more than two decades has stocks ending higher Monday.
VMware Stock Surges On Reports of Potential $50 Billion Broadcom Takeover
Broadcom's acquisition march under CEO Hock Tan is reportedly set to continue with the potential $50 billion takeover of cloud software specialists VMware.
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Twitter Stock Leaps As Elon Musk Adds More Equity To $44 Billion Takeover Bid, Closes Tesla Margin Loan
Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.
Nvidia Stock Skids As Muted Gaming Sector Outlook Offsets Q1 Earnings Beat
"As we look into the second half of the year, it's hard to predict exactly when COVID and the war in Russia is going to be behind us," said CEO Jensen Huang.
Macy's Stock Soars On Q1 Earning Beat, 2022 Profit Forecast Boost As Shoppers Defy Inflation Gloom
"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.
Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal
"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.