VMware (VMW) Stock

Broadcom's Q4 FY2024 earnings report shows strong revenue growth, driven by custom AI chip demand, pushing its market cap past $1 trillion. Broadcom's custom AI accelerators for hyperscale customers differentiate it from Nvidia, with significant partnerships and a $60-90 billion market opportunity by 2027. The VMware acquisition has boosted growth and profitability, enhancing Broadcom's AI infrastructure capabilities and positioning it for continued expansion.

Broadcom Unveils New and Expanded VMware Cloud Foundation Advanced Services, Ecosystem Partnerships and Private Cloud Modernization Program Broadcom Unveils New and Expanded VMware Cloud Foundation Advanced Services, Ecosystem Partnerships and Private Cloud Modernization Program

Stephanie Link, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss markets, the economy and the Fed.

Broadcom today previewed highlights of VMware Explore 2024, the industry's essential cloud event, which will kickoff in Las Vegas on August 26–29, 2024

WASHINGTON--(BUSINESS WIRE)-- #cloud--Alternatives to VMware and Legacy Infrastructure with Rancher Government's security enhanced Harvester quickly gaining traction with Federal IT teams.

BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as a service, and security solutions, today announced Cove Data Protection™ has expanded its disaster recovery flexibility by introducing Standby Image to VMware ESXi. The Standby Image recovery feature also includes support for Hyper-V and Microsoft Azure, providing MSPs and IT professionals with smarter, more cost-effe.

LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the global launch of Rimini Support™, Rimini Protect™ and Rimini Consult™ for VMware products, in a first-of-its-kind, comprehensive third-party offering. Rimini Street services for VMware will allow perpetually-licensed VMware cus.

CNBC's Jim Cramer delivers his daily Mad Dash.

Worries resurfaced this morning that China might not approve Broadcom's purchase of VMware. Chinese regulators have interfered with multiple other tech mergers in recent months.