VMware, Inc. News
Stocks Edge Higher, Costco, Gap, Dell and Marvell In Focus - Five Things You Must Know
Stock futures higher as Fed 'pause' hint boosts sentiment; Costco slips after Q1 earnings beat as margins narrow; Gap tumbles after wider Q1 loss, grim full-year outlook; Dell surges as Q1 earning impress after VMware deal and Marvell jumps as data center chip demand boosts earnings, outlook
Buy Broadcom as It Plans $61B VMWare Deal? The Chart Hints.
Broadcom is rallying on its earnings report and news of its $61 billion deal for VMWare. But does that make the stock a buy?
Stock Market Today - 5/26: Stocks Close Firmly Higher 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.
Breaking News
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Playtika Stock Surges On Report of Joffre Capital Interest in Online Casino Gaming Group
Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.