tag: Briefs

Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst – Nutanix (NASDAQ:NTNX)

by
Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst – Nutanix (NASDAQ:NTNX)

Oppenheimer analyst Param Singh initiated coverage on Nutanix Inc NTNX with an Outperform rating and a price target of $80. Singh’s optimistic outlook hinges on several critical factors, including the rising demand for HyperConverged… Article Source https://www.benzinga.com/24/11/41951274/nutanix-catalysts-include-hci-growth-vmware-market-share-shift-and-ai-demand-analyst

Broadcom Powers Telia’s Modernization with VMware, Launches AI-Driven VeloRAIN & More – Broadcom (NASDAQ:AVGO)

by
Broadcom Powers Telia’s Modernization with VMware, Launches AI-Driven VeloRAIN & More – Broadcom (NASDAQ:AVGO)

Broadcom Inc. AVGO expanded its multi-year partnership with Telia Company to advance Telia’s modernization and transformation of telecom and cloud infrastructure using VMware’s product portfolio. The expanded use of VMware’s cloud-native… Source link

What is causing Nutanix’s stock to plummet on Thursday?

by
What is causing Nutanix’s stock to plummet on Thursday?

Nic Chahine has an impressive track record of averaging 27% profits every 20 days with his options buys, boasting an 83% win rate in the process. Nutanix, Inc. (NASDAQ:NTNX) recently reported third-quarter FY24 results, showcasing a 17% year-over-year revenue increase to $524.6 million. The company also saw Annual Contract Value (ACV) billings rise by 20% … Read more

Broadcom Enhances VMware Workloads on Google Cloud, Eyes AI-Driven Customer Solutions – Alphabet (NASDAQ:GOOGL), Broadcom (NASDAQ:AVGO)

by
Broadcom Enhances VMware Workloads on Google Cloud, Eyes AI-Driven Customer Solutions – Alphabet (NASDAQ:GOOGL), Broadcom (NASDAQ:AVGO)

Broadcom Inc AVGO and Alphabet Inc’s GOOG GOOGL Google Cloud have announced the expansion of their partnership to optimize Broadcom’s VMware workloads for Google Cloud.  This collaboration will extend to joint go-to-market initiatives, include more Broadcom products and services in the Google Cloud Marketplace, and incorporate Google Cloud’s generative AI capabilities into Broadcom’s offerings.  The partnership aims to leverage Google Cloud’s unique … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

by
Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has … Read more

Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report – Broadcom (NASDAQ:AVGO), KKR & Co (NYSE:KKR)

by
Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report – Broadcom (NASDAQ:AVGO), KKR & Co (NYSE:KKR)

KKR & Co KKR is reportedly close to finalizing a purchase of a software division from Broadcom Inc AVGO for approximately $4 billion, with the announcement potentially expected on Monday.  The unit in question, acquired by Broadcom through its $61 billion takeover of VMware Inc. in 2023, specializes in software that facilitates remote desktop and application access for users.  While … Read more