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
Fed Inflation Gauge Eases Again In May, But Inflation Pressures Clip Consumer Spending
While overall inflation pressures are easing modestly, the impact of the fastest inflation in four decades is taking its toll on spending, BEA data indicated Thursday.
Pfizer Stock Jumps On $3.2 Billion U.S. Covid Vaccine Sale, FDA Paxlovid Approval Filing
“As the Covid pandemic continues to evolve and be highly unpredictable, we must remain vigilant in protecting those who are at greatest risk of getting very sick from Covid," said CEO Albert Bourla.
Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge
"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.
Micron Earnings Preview: Will Critical Support Hold?
Micron is set to report earnings on Thursday after the close, but the stock sits on critical support. Will it hold or will it fold?