Top Stock Market Movers: Salesforce, UiPath, HP Inc., Best Buy, Kohl’s, Foot Locker, C3.ai, Nutanix, and More

Top Stock Market Movers: Salesforce, UiPath, HP Inc., Best Buy, Kohl’s, Foot Locker, C3.ai, Nutanix, and More

Stocks fell Thursday as Salesforce issued a weak outlook and rising bond yields weighed on sentiment. Salesforce fell 20% after reporting first-quarter earnings that beat expectations but revenue fell short and the outlook for the current fiscal second quarter missed estimates. Analysts were expecting revenue of $9.35 billion and profit of $2.40, but Salesforce expects … Read more

Tonaquint Data Centers Secures Premier Partnership with Broadcom VMware to Provide Seamless Cloud Solutions

Tonaquint Data Centers Secures Premier Partnership with Broadcom VMware to Provide Seamless Cloud Solutions

ST. GEORGE, Utah, March 18, 2024 /PRNewswire/ — Tonaquint Data Centers, a leading cloud services provider, announced its new Premier Partnership status as a Cloud Service Provider (CSP) with VMware by Broadcom in their Advantage Partner Program, succeeding the previous VMware VCSP program. This partnership enables Tonaquint to continue offering discounted… Source link

VIAVI and Broadcom Expand RIC Testbed as a Service to Advance Digital Twin Environments

VIAVI and Broadcom Expand RIC Testbed as a Service to Advance Digital Twin Environments

CHANDLER, Ariz., Feb. 21, 2024 /PRNewswire/ — VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced advanced and additional capabilities of a joint Testbed as a Service (TBaaS) with VMware, recently acquired by Broadcom, which combines the VIAVI TeraVM RIC Test with the VMware RAN Intelligent Controller (RIC) to create a Digital Twin for the evaluation… Source link

Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings

Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well.  That was the reported cost for Tan to sit at the table of Chinese President Xi Jinping during a dinner at last month’s Asia-Pacific Economic Cooperation conference in San Francisco. It is a … Read more

Bay Area tech layoffs soar to brutal heights with huge VMware job cuts

Bay Area tech layoffs soar to brutal heights with huge VMware job cuts

PALO ALTO, California — Tech industry job cuts in the Bay Area have reached two new grim milestones with the disclosure that the Broadcom purchase of VMware will spawn well Source link

J&J, Bank of America, Goldman, Lockheed, Ericsson, Wyndham, SunPower, and More Stock Market Movers

J&J, Bank of America, Goldman, Lockheed, Ericsson, Wyndham, SunPower, and More Stock Market Movers

Johnson & Johnson, Bank of America, and Goldman Sachs are scheduled to report third-quarter earnings on Tuesday, Ericsson slumps after withdrawing margin guidance, and NetScout reduces its outlook for fiscal 2024. Source link