Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker. China is reportedly the cause for the current hold-up for the deal, which was supposed to close … Read more

Netflix shares surge as streaming site hikes prices while Tesla stock slumps after Musk’s comments

Netflix shares surge as streaming site hikes prices while Tesla stock slumps after Musk’s comments

Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link