U.S. stock futures were stable on Tuesday as investors awaited the upcoming quarterly earnings report from chipmaker Nvidia. Dow Jones Industrial Average futures and S&P 500 futures remained flat, while Nasdaq futures saw a slight decline of 0.08%. Nvidia is set to release their earnings after the market closes on Wednesday. Additionally, oil prices fell, … Read more
News that Broadcom intends to sell VMware’s End User Computing business unit, which consists of VMware Horizon, VMware App Volumes, and VMware Workspace ONE, to private equity firm KKR raises a number of questions. Though I’ve tracked the EUC space for decades and even wrote about the expected sale, it’s difficult to form a complete … Read more
© Reuters. In the upcoming $75 billion merger between Broadcom (NASDAQ:) and VMware (NYSE:), set to close on October 30, an equity option has emerged as a potentially lucrative opportunity for VMware investors. The merger is part of a wider trend in the technology sector, with major companies seeking to consolidate their positions through strategic … Read more