Broadcom streamlines VMware offerings, reduces portfolio to focus on 4 core products and slashes $1 billion in spending

Broadcom streamlines VMware offerings, reduces portfolio to focus on 4 core products and slashes  billion in spending

Broadcom has been working to expand VMware‘s portfolio since completing the $61 billion acquisition of the virtualization software company in November, according to Broadcom President and CEO Hock Tan. The company is transitioning VMware to a subscription licensing model and expects to reduce VMware‘s quarterly expenses by $1 billion. Enterprise customers have faced significant changes … Read more

Alaska Department of Revenue Reduces Stock Holdings in Hewlett Packard Enterprise (NYSE:HPE) – Defense World

The Alaska Department of Revenue recently decreased its investment in Hewlett Packard Enterprise (NYSE:HPE), a technology company known for its world of defense sector products. The decision to reduce its stake in the company was a strategic financial move by the Alaska Department of Revenue. This change in investment signals a shifting focus within the … Read more

Nancy Pelosi makes strategic changes to investment portfolio: Acquires Broadcom, increases NVIDIA holdings, reduces Visa stake, and sells Tesla.

Nancy Pelosi makes strategic changes to investment portfolio: Acquires Broadcom, increases NVIDIA holdings, reduces Visa stake, and sells Tesla.

Nancy Pelosi, a prominent Democrat known for her investment prowess, recently made a series of strategic trades just before the July 4th holiday in the US. These transactions included purchasing Broadcom call options and 10,000 shares of NVIDIA stock, as well as reducing her stake in Visa by 2,000 shares and selling 2,500 shares of … Read more

Gamer Arena reduces DevOps requirements and leverages AWS to unlock the full potential of generative AI

Gamer Arena reduces DevOps requirements and leverages AWS to unlock the full potential of generative AI

Players Arena Gamer Arena, with over 550,000 users worldwide, offers a unique ecosystem for video game players to compete and earn rewards using blockchain technology. Founded in 2020, the company’s mobile app features self-published games along with popular titles like PUBG and FIFA that support Gamer Arena Utility (GAU) cryptocurrency transactions. Recently, the company introduced … Read more

Farmers & Merchants Investments Inc. Reduces Ownership in International Business Machines Co. (NYSE:IBM)

Farmers & Merchants Investments Inc. Reduces Ownership in International Business Machines Co. (NYSE:IBM)

Farmers & Merchants Investments Inc. reduced its holdings in International Business Machines Co. (IBM) by 8.4% in the first quarter, according to their recent 13F filing. The firm sold 2,794 shares, leaving them with 30,291 shares valued at $5,784,000. Additionally, several other major investors acquired and sold IBM stock recently. Norges Bank made a significant … Read more

Hexagon Capital Partners LLC reduces holdings in Intel Co. (NASDAQ: INTC)

Hexagon Capital Partners LLC reduces holdings in Intel Co. (NASDAQ: INTC)

Hexagon Capital Partners LLC reduced its stake in Intel Co. (NASDAQ:INTC) by 13.9% in the first quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission. The institutional investor sold 1,212 shares, leaving them with 7,527 shares of the chipmaker, valued at $332,000. Other institutional investors have also made moves with … Read more

Wellington Management Group LLP Reduces Position in Hewlett Packard Enterprise (NYSE:HPE)

Wellington Management Group LLP Reduces Position in Hewlett Packard Enterprise (NYSE:HPE)

Wellington Management Group LLP reduced its stake in Hewlett Packard Enterprise by 7.8% in the fourth quarter, selling 6,805 shares and now holds 80,280 shares valued at $1,363,000. Other institutional investors have also made changes in their holdings, including EP Wealth Advisors LLC increasing its stake by 53.4%, V Square Quantitative Management LLC by 25.2%, … Read more

AMF Tjanstepension AB Reduces Holdings in Intel Co. (NASDAQ:INTC)

Hexagon Capital Partners LLC reduces holdings in Intel Co. (NASDAQ: INTC)

AMF Tjanstepension AB has reduced its stake in Intel Co. (NASDAQ: INTC) by 47.5% in the first quarter, according to their recent filing with the Securities and Exchange Commission. The firm now owns 392,276 shares of the chipmaker, down from 355,467 shares. Other institutional investors and hedge funds have also made changes to their positions … Read more

Atlantic Union Bankshares Corp reduces its stake in Intel Co. (NASDAQ: INTC) by selling 5,182 shares

Hexagon Capital Partners LLC reduces holdings in Intel Co. (NASDAQ: INTC)

Atlantic Union Bankshares Corp decreased its holdings in Intel Co. (NASDAQ:INTC) by 8.8% during the first quarter, according to the company’s recent filing with the Securities and Exchange Commission (SEC). The institutional investor sold 5,182 shares, leaving them with 53,526 shares of the chipmaker, valued at $2,364,000 at the end of the quarter. Other institutional … Read more

Atlas Capital Advisors LLC reduces stock holdings in Cisco Systems, Inc. (NASDAQ:CSCO)

Atlas Capital Advisors LLC reduces stock holdings in Cisco Systems, Inc. (NASDAQ:CSCO)

Atlas Capital Advisors LLC significantly decreased its stake in Cisco Systems, Inc. during the first quarter, according to a recent filing with the Securities and Exchange Commission. The fund sold 13,000 shares, resulting in ownership of 6,058 shares valued at $302,000. Other large investors also made moves with CSCO shares, such as the Healthcare of … Read more