Stock

Broadcom-VMware merger gains momentum, 96% shareholders opt for stock consideration By Investing.com

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Broadcom-VMware merger gains momentum, 96% shareholders opt for stock consideration By Investing.com

© Reuters. Broadcom’s (NASDAQ:) forthcoming $69 billion acquisition of VMware (NYSE:NYSE:) is gaining momentum, with the majority of global clearances and necessary foreign investment consents in place. The deal is expected to conclude ahead of the expiration of their merger agreement. Despite the potential delay from China’s regulatory approval, which introduces an element of uncertainty, … Read more

Tech billionaire Michael Dell just gifted $350 million of stock – days before he’s set to pocket a huge windfall

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Tech billionaire Michael Dell just gifted 0 million of stock – days before he’s set to pocket a huge windfall

Michael Dell recently gifted $350 million worth of Dell Technologies stock to good causes. The multibillionaire gave the shares to his family foundation and other charitable funds he advises. Dell is set to receive over $20 billion in stock and cash when Broadcom buys VMware this month. … Source link

VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

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VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

Shares of VMware Inc. VMW, -10.14% slumped 10% Thursday following a news report that the Chinese government could block Broadcom Inc.’s AVGO, -0.83% planned $69 billion acquisition of VMware. Chinese regulators are considering whether to delay approval of the megadeal, according to a report in The Financial Times Thursday. Opposition is considered a response to … Read more

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

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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

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

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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

SeaCrest Wealth Management LLC Boosts Stock Holdings in VMware, Inc. (NYSE:VMW)

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SeaCrest Wealth Management LLC Boosts Stock Holdings in VMware, Inc. (NYSE:VMW)

SeaCrest Wealth Management LLC lifted its stake in VMware, Inc. (NYSE:VMW – Free Report) by 77.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,660 shares of the virtualization software provider’s stock after buying an additional 2,473 shares during the period. … Read more

Ossiam Lowers Stock Holdings in VMware, Inc. (NYSE:VMW)

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Ossiam Lowers Stock Holdings in VMware, Inc. (NYSE:VMW)

Ossiam decreased its position in shares of VMware, Inc. (NYSE:VMW – Free Report) by 16.4% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 50,001 shares of the virtualization software provider’s stock after selling 9,814 shares during the quarter. Ossiam’s holdings in VMware were … Read more