Amid the disruptions in the legacy VMware channel following the acquisition by Broadcom, one investor sees Nutanix gaining with the help of affected resellers.By Larry Walsh Broadcom wasted no time in reshaping the VMware channel to align with its go-to-market vision, altering the nature and structure of its relationships with thousands of the virtualization software … Read more
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 (VMW) reported $3.41 billion in revenue for the quarter ended July 2023, representing a year-over-year increase of 2.2%. EPS of $1.83 for the same period compares to $1.64 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.39 billion,… Source link
VMware, Inc. is a provider of multi-cloud services for all apps that enables digital with enterprise control. Its multi-cloud portfolio, spanning application modernization, cloud management, cloud infrastructure, networking, security and anywhere workspaces, forms a digital foundation on which customers can build, run, manage, connect and protect their workloads. The Company’s products within its application modernization … Read more