VMware is Now Oversold (VMW)

VMware is Now Oversold (VMW)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero … Read more

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

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

VMWare Down After FT Reports China Holding Up Broadcom Buyout

VMWare Down After FT Reports China Holding Up Broadcom Buyout

By Rob Curran Shares of VMWare slid premarket after the Financial Times reported that authorities in China were holding up chipmaker Broadcom’s multibillion dollar buyout of the maker of virtualization software in the latest salvo of the U.S.-China tech battle. The State Administration of Market Regulation in Beijing is delaying approval of the merger deal … Read more

EVP, Worldwide Sales Jean Brulard Sells 5,779 Shares of VMware I

EVP, Worldwide Sales Jean Brulard Sells 5,779 Shares of VMware I

On October 16, 2023, Jean Brulard, the Executive Vice President of Worldwide Sales at VMware Inc (VMW, Financial), sold 5,779 shares of the company. This move is part of a trend for the insider, who over the past year, has sold a total of 38,216 shares and purchased none. VMware Inc is a global leader … Read more

EVP, Worldwide Sales Jean Brulard Sells 4,966 Shares of VMware I

EVP, Worldwide Sales Jean Brulard Sells 4,966 Shares of VMware I

On October 13, 2023, Jean Brulard, EVP, Worldwide Sales of VMware Inc (VMW, Financial), sold 4,966 shares of the company. This move comes amidst a year where the insider has sold a total of 32,437 shares and purchased none. Jean Brulard is a key figure in VMware Inc, a company that provides cloud computing and … Read more

Broadcom (NASDAQ:AVGO) Expects Chinese Approval for VMW Buyout – TipRanks.com

Broadcom (NASDAQ:AVGO) Expects Chinese Approval for VMW Buyout – TipRanks.com

In a regulatory tussle that started last year, Broadcom (NASDAQ:AVGO) now expects its planned acquisition of VMware (NYSE:VMW) to receive conditional approval from Chinese regulators. Both Broadcom and VMware are trading higher in Thursday’s session.  Talks about the acquisition deal, valued at $60 billion, started in May of last year. Since then, Broadcom has sought … Read more