The era of the multi-cloud landscape is here. CIOs are taking deliberate action by proactively matching workloads and applications with the ideal cloud, and companies are also seeing a proliferation of multi-cloud architectures created by mergers and acquisitions, data sovereignty needs, support for remote work, and shadow IT. This is leading to a multi-cloud approach … Read more
VMware (NYSE:VMW – Get Free Report) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday. Other analysts also recently issued research reports about the company. BMO Capital Markets raised their price objective on VMware from $140.00 to $160.00 and gave the stock … Read more
Security specialist Rubrik’s new Rubrik AI-Powered Cyber Recovery provides generative AI capabilities for VMware customers to help minimise data loss and reduce downtime following a cyberattack. Rubrik AI-Powered Cyber Recovery provides backup administrators with recommended task lists and guided workflows. A recent Rubrik Zero Labs State of Data Security report found … Read more
Cambridge Investment Research Advisors Inc. recently reduced its position in VMware, Inc. (NYSE:VMW) by 15.6% during the first quarter of this year, as confirmed by its most recent disclosure with the Securities and Exchange Commission (SEC). The fund now holds 13,128 shares of the virtualization software provider’s stock after selling 2,430 shares during that period. … Read more
Who knows anything about pre-trained models? Who can explain how to use generative AI? Developers, platform teams, infrastructure teams, security teams — no one is that advanced. Everyone knows just a smidgeon about using pre-trained models or generative AI. Few know that a pre-trained model consists of a large data set that gets trained with … Read more
There’s big news afoot for chip stock Broadcom (NASDAQ:AVGO) as it moves to purchase cloud computing stock VMWare (NYSE:VMW). More specifically, word has emerged about China’s stance on the deal, and it was enough to send VMWare stock heading upward, while Broadcom stock pulled back fractionally in Wednesday afternoon’s trading. China’s stance focused mainly on … Read more
On September 5, 2023, it was reported that WINTON GROUP Ltd had acquired a new position in VMware, Inc. The fund obtained 8,808 shares of the virtualization software provider’s stock, valued at approximately $1,100,000. VMware recently released its quarterly earnings results on August 31st. During this quarter, the company reported earnings per share of $1.83, … Read more
VMware, Inc. is expanding its ongoing partnership with Oracle to help customers modernize their VMware workloads on Oracle Cloud Infrastructure (OCI). Under the expanded partnership, customers will be able to subscribe to Oracle Cloud VMware Solution as part of VMware Cloud Universal, a flexible purchasing and consumption program that helps businesses simplify procurement and … Read more
Sundry Photography/iStock Editorial via Getty Images The deal spread in Broadcom’s (NASDAQ:AVGO) planned $61 billion purchase of VMware (NYSE:VMW) narrowed amid a report about China’s antitrust review of the deal. The spread narrowed to $15.51 from $17.23 on Tuesday. The parties are expected to start remedy discussions with China’s State Administration for Market Regulation, according … Read more
G0d4ather If the reaction to Broadcom’s (NASDAQ:AVGO) Q3 earnings report is any indication, many investors (and professional money managers) still don’t understand the company’s long-term strategy and its primary investment thesis. As a result, they appear to have been expecting a significant “AI boost” to Q3 results (and Q4) and, apparently, were disappointed when it … Read more