Text size Dreamstime J.P. Morgan believes two chip stocks can do well even as growth prospects for the cloud market softens. On Wednesday, semiconductor analyst Harlan Sur told investors the weaker ec...
Tag: VMW
VMware beats on earnings as it awaits Broadcom acquisition approval
VMware Inc.’s profit declined less than expected in the second quarter, as the software company awaits approval for an acquisition by chip maker Broadcom Inc. VMware VMW, +2.31% on Thursday reported s...
Paulson’s fund sells off Exxon Mobil, SPDR Gold ETF stakes
Hedge fund Paulson & Co. has sold off of its Exxon Mobil Corp. XOM, -1.79% holdings, according to a filing late Monday. The fund, led by John Paulson, who famously bet against the housing market b...
Broadcom May Pay About $60 Billion for VMware With Announcement Thursday
Text size Broadcom’s acquisition of VMware would be one of the biggest deals of 2022 so far. Justin Sullivan/Getty Images Chip maker titan Broadcom may announce a deal to purchase software compa...
Five Things to Know About Broadcom’s Potential Deal for VMware
Text size Broadcom stock slipped in response to news of the possible deal. Justin Sullivan/Getty Images Broadcom ’s expected acquisition of cloud computing provider VMware will likely rank as one of t...
Broadcom in Talks to Pay About $60 Billion for VMware
Broadcom is in talks to pay around $60 billion for VMware people familiar with the matter said, in what would be one of the biggest takeover deals of the year. The two technology companies are aiming ...
Broadcom reportedly in talks to buy VMware
Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night. Bloomberg News, Reuters, the New York Times and the Wall ...
Elon Musk Has a Role Model for Taking a Tech Firm Private: Michael Dell
Text size Michael Dell, chairman and chief executive officer of Dell Technologies. Matthew Busch/Bloomberg Tesla CEO Elon Musk tweeted four words—and a link to a government filing—to tell the world, o...
Intel CEO Gelsinger’s reaps near-$180 million windfall from ‘significant magnitude’ of new-hire awards
Pat Gelsinger had a very, very good year in 2021. He started the year as VMware Inc.’s VMW, -2.00% chief executive officer, where he took in total compensation of $16.5 million during the fiscal year ...
Tech Stocks to Buy After a Crazy Week of Earnings
Amazon stock was up almost 14% on Friday after the company reported solid earnings and said it was raising the price of its Prime membership for the first time since 2018. Alexi Rosenfeld/Getty Images...
Broadcom Stock Has Gained on VMware Takeover. Its Dividend Could Rise 20%.
Text size Truist analyst William Stein calculates that Broadcom could raise its dividend by over 20% this year. Remus Rigo/Dreamstime.com The stock market has had a mixed reaction to Broadcom ’s inten...