VMware Reports Fourth Quarter and Fiscal Year 2023 Results

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CrowdStrike (CRWD) gains on DELL partnership

March 6, 2023 10:03 AM EST

Shares of CrowdStrike Holdings (NASDAQ: CRWD) jumped 2.15% in early trading on Monday after the tech company announced that they have entered into a new strategic alliance with Dell Technologies (NYSE: DELL). The alliance was formed to help organizations prevent, detect and respond to cyber threats with frictionless and cost-effective offerings, and entails targeted offerings for businesses of all... More

VMware tops earnings, revenue estimates as Broadcom deal faces increasing regulatory pressure

March 3, 2023 9:16 AM EST

VMware (NYSE: VMW) shares edged higher premarket Friday after the company topped earnings and revenue estimates in its latest quarter.

Broadcom (NASDAQ: AVGO) plans to acquire VMware in a $61.2 billion deal, but it has prompted a wave of scrutiny in the U.S. and Europe regarding the possible anti-competitive effects. This has led to speculation that the deal may be... More