Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

Wall Street was broadly flat in Thursday midday trading in New York, with the S&P 500 Index attempting to mark its fifth consecutive day of gains as an inline PCE inflation report dispelled expectations of an impending Fed rate hike. The core PCE price index, the Fed’s preferred inflation gauge, came in at 4.2% year … Read more

VMware Posts Mixed Q2 Earnings, On Track To Close Broadcom Deal Next Month – VMware (NYSE:VMW)

VMware Posts Mixed Q2 Earnings, On Track To Close Broadcom Deal Next Month – VMware (NYSE:VMW)

VMware Inc VMW reported a Q2 FY24 revenue increase of 2% Y/Y to $3.41 billion, missing the consensus of $3.46 billion. Subscription and SaaS revenue increased 34% Y/Y to $1.26 billion. Subscription and SaaS ARR were up 36% Y/Y to $5.31 billion. Non-GAAP operating income rose 1% Y/Y to $977 million. Non-GAAP EPS of $1.83 beat the consensus … Read more