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VMW

VMware

$174.34

0.13 (0.07%)

19:01
07/18/19
07/18
19:01
07/18/19
19:01

VMware to acquire Bitfusion, terms not disclosed

In a blog post, VMware announced its intent to acquire Bitfusion to "help businesses more efficiently use AI technologies on-premises and in hybrid cloud environments." Bitfusion is a "pioneer" in virtualization of accelerated compute with a strong focus on GPU technology, VMware said. It provides better sharing of GPU resources among isolated GPU compute workloads-even allowing sharing to happen across the network, it added. Once closed, the acquisition of Bitfusion will bolster VMware's strategy of supporting AI- and ML-based workloads by virtualizing hardware accelerators. Once the acquisition has closed, VMware plans to integrate Bitfusion into the vSphere platform. Reference Link

  • 03

    Aug

VMW VMware
$174.34

0.13 (0.07%)

06/06/19
EVER
06/06/19
INITIATION
Target $75
EVER
Outperform
Dell Technologies has $10+ EPS potential longer term, says Evercore ISI
Evercore ISI analyst Amit Daryanani started Dell Technologies (DELL) with an Outperform rating and $75 price target. In a research note to investors, Daryanani cited the company's comprehensive enterprise IT portfolio spanning from personal systems and data center solutions to cloud and infrastructure virtualization software through the company's ~80% ownership stake in VMWare (VMW) in addition to the stock's attractive valuation for the Outperform rating. While there is some level of investor concern surrounding the overall IT spend backdrop following a robust year of technology investments in calendar year 2018 and a "conglomerate discount," he thinks a mix of share gains in each of Dell's core markets, self-help levers., commodity tailwinds, and operational improvements will more than offset potential overhang from these trepidations. Longer term, the analyst sees $10+ EPS potential, which in an upside scenario, drives Dell stock higher toward the $75+ level.
07/01/19
MSCO
07/01/19
NO CHANGE
Target $145
MSCO
Overweight
Morgan Stanley still confident in Microsoft's Server & Tools division growth
Morgan Stanley analyst Keith Weiss noted that a key debate about Microsoft (MSFT), which has been stoked by recent weakness in other on-premise infrastructure software vendors such as Cloudera (CLDR), Pivotal Software (PVTL) and VMware (VMW), remains the durability of growth in the company's On-premise Server Products and Tools. However, he maintains confidence in the durability of low-single digital growth in the Server Products & Tools division, citing share gains across the solution portfolio. However, Weiss does note that Microsoft faces face unusually tough comparison in the division in Q4 and Q1 of FY20, leaving him to forecast year-over-year declines in these two quarters. He maintains an Overweight rating and $145 price target on Microsoft shares.
07/08/19
GSCO
07/08/19
DOWNGRADE
Target $120
GSCO
Sell
F5 Networks downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Rod Hall downgraded F5 Networks (FFIV) to Sell from Neutral and lowered his price target for the shares to $120 from $165. The company's earnings risks are increasing due to the weaker short-term spending environment and increasing competitive threat, Hall tells investors in a research note. Enterprise represents ~65% of F5's revenue and short term indications for spending in that market have been weak, says the analyst. Further, he believes VMware (VMW) is now a potential competitor through its proposed acquisition of Avi Networks.
07/17/19
NOMU
07/17/19
NO CHANGE
Target $130
NOMU
Reduce
VMware estimates likely to move lower from here, says Nomura Instinet
Nomura Instinet analyst Christopher Eberle believes consensus estimates for VMware are "likely going lower from here." The analyst says that as the end of the refresh cycle nears for VMware's core hypervisors business, combined with slower adoption of emerging technology revenues than most investors have expected, he sees headwinds for the stock in the coming quarters. Eberle keeps a Reduce rating on VMware with a $130 price target.

TODAY'S FREE FLY STORIES

NOVA

Sunnova Energy

$11.13

0.089 (0.81%)

21:22
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SPY

SPDR S&P 500 ETF Trust

$292.31

3.52 (1.22%)

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S&P 500

$0.00

(0.00%)

20:54
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20:54
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Trump administration considering steps on economy if conditions worsen, NYT says »

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SPDR S&P 500 ETF Trust

$292.31

3.52 (1.22%)

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S&P 500

$0.00

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KSS

Kohl's

$48.20

2.69 (5.91%)

, TJX

TJX

$51.55

0.13 (0.25%)

20:25
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Earnings
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Kohl's

$48.20

2.69 (5.91%)

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TJX

$51.55

0.13 (0.25%)

MDT

Medtronic

$104.15

1.42 (1.38%)

HD

Home Depot

$207.98

4.335 (2.13%)

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BHP

BHP Group

$49.12

0.31 (0.64%)

19:32
08/19/19
08/19
19:32
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19:32
Hot Stocks
BHP Group sees China and global economic growth slowing »

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BHP

BHP Group

$49.12

0.31 (0.64%)

19:25
08/19/19
08/19
19:25
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19:25
Earnings
BHP Group reports FY19 Net profit up 124% at $8.31B »

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AAPL

Apple

$210.32

3.88 (1.88%)

19:09
08/19/19
08/19
19:09
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19:09
Periodicals
Apple aims for November launch of Apple+, Bloomberg reports »

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ACN

Accenture

$195.19

2.005 (1.04%)

19:04
08/19/19
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19:04
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19:04
Hot Stocks
Accenture acquires Parker Fitzgerald, terms not disclosed »

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BIDU

Baidu

$104.28

7.63 (7.89%)

, NBRV

Nabriva Therapeutics

$2.21

-0.06 (-2.64%)

18:47
08/19/19
08/19
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18:47
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Baidu…

BIDU

Baidu

$104.28

7.63 (7.89%)

NBRV

Nabriva Therapeutics

$2.21

-0.06 (-2.64%)

MRNA

Moderna

$13.41

0.235 (1.78%)

VSLR

Vivint Solar

$8.30

0.3 (3.75%)

FN

Fabrinet

$56.40

0.77 (1.38%)

IQ

iQIYI

$18.10

1.02 (5.97%)

MRUS

Merus

$18.46

1.75 (10.47%)

SRPT

Sarepta

$120.16

-4.81 (-3.85%)

03/08/13
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ET

Energy Transfer LP

$13.77

0.3 (2.23%)

18:40
08/19/19
08/19
18:40
08/19/19
18:40
Periodicals
Energy Transfer LP performing maintenance on WTG pipeline, Reuters says »

A spokeswoman for Energy…

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AAPL

Apple

$210.32

3.88 (1.88%)

, SNE

Sony

$55.71

-0.01 (-0.02%)

18:20
08/19/19
08/19
18:20
08/19/19
18:20
Periodicals
Apple allocates over $6B for original TV shows and movies, FT says »

Apple (AAPL) has budgeted…

AAPL

Apple

$210.32

3.88 (1.88%)

SNE

Sony

$55.71

-0.01 (-0.02%)

NFLX

Netflix

$309.40

6.66 (2.20%)

DIS

Disney

$135.33

0.14 (0.10%)

T

AT&T

$35.40

0.42 (1.20%)

CBS

CBS

$44.21

0.38 (0.87%)

03/08/13
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03/06/13
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  • 20

    Aug

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  • 23

    Sep

  • 23

    Oct

LGIH

LGI Homes

$78.56

3.36 (4.47%)

18:01
08/19/19
08/19
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18:01
Hot Stocks
LGI Homes opens two new communities in greater Seattle market »

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AMZN

Amazon.com

$1,816.29

24.47 (1.37%)

18:01
08/19/19
08/19
18:01
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Hot Stocks
Amazon.com to expand in Utah with new new fulfillment center »

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  • 27

    Oct

WMT

Walmart

$113.76

0.77 (0.68%)

18:00
08/19/19
08/19
18:00
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18:00
Hot Stocks
Walmart to pay $100,000 to settle EEOC disability discrimination suit »

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  • 15

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    Nov

X

U.S. Steel

$12.42

1.13 (10.01%)

17:58
08/19/19
08/19
17:58
08/19/19
17:58
Periodicals
U.S. Steel to lay off hundreds of workers at Great Lakes plant, Reuters says »

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  • 23

    Sep

SRPT

Sarepta

$120.16

-4.81 (-3.85%)

17:53
08/19/19
08/19
17:53
08/19/19
17:53
Hot Stocks
Breaking Hot Stocks news story on Sarepta »

Sarepta falls over 4% or…

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  • 19

    Aug

SRPT

Sarepta

$120.16

-4.81 (-3.85%)

17:52
08/19/19
08/19
17:52
08/19/19
17:52
Hot Stocks
FDA's CRL to Sarepta's golodirsen citing risk of infection, renal toxicity »

Sarepta Therapeutics…

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  • 19

    Aug

BSX

Boston Scientific

$42.74

0.59 (1.40%)

17:41
08/19/19
08/19
17:41
08/19/19
17:41
Hot Stocks
Boston Scientific's ImageReady MRI labeling receives FDA approval »

Boston Scientific…

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  • 04

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  • 13

    Nov

AMZN

Amazon.com

$1,816.29

24.47 (1.37%)

, GOOG

Alphabet

$1,198.01

21.07 (1.79%)

17:35
08/19/19
08/19
17:35
08/19/19
17:35
Periodicals
State AGs to proceed with antitrust investigation of big tech, WSJ reports »

A group of state…

AMZN

Amazon.com

$1,816.29

24.47 (1.37%)

GOOG

Alphabet

$1,198.01

21.07 (1.79%)

GOOGL

Alphabet Class A

$1,199.94

21.25 (1.80%)

FB

Facebook

$186.22

2.8 (1.53%)

MSFT

Microsoft

$138.43

2.3 (1.69%)

AAPL

Apple

$210.32

3.88 (1.88%)

03/08/13
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  • 04

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    Oct

FB

Facebook

$186.22

2.8 (1.53%)

17:31
08/19/19
08/19
17:31
08/19/19
17:31
Periodicals
FTC head says breaking up Facebook could be complicated, FT reports »

Federal Trade Commission…

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  • 15

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MPW

Medical Properties Trust

$18.28

0.13 (0.72%)

17:28
08/19/19
08/19
17:28
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17:28
Hot Stocks
Medical Properties Trust COO sells 100K shares of common stock »

In a regulatory filing,…

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  • 19

    Sep

WMT

Walmart

$113.76

0.77 (0.68%)

17:17
08/19/19
08/19
17:17
08/19/19
17:17
Periodicals
Walmart's U.S. Chief Marketing Officer Barbara Messing is leaving, AdAge says »

Walmart U.S. Chief…

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  • 15

    Sep

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    Nov

MAXR

Maxar Technologies

$6.49

0.185 (2.93%)

17:12
08/19/19
08/19
17:12
08/19/19
17:12
Hot Stocks
Maxar Technologies' MDA awarded Canadian Space Agency contract »

MDA, a Maxar company, has…

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RCI

Rogers Communications

$51.30

0.21 (0.41%)

17:06
08/19/19
08/19
17:06
08/19/19
17:06
Hot Stocks
Rogers 'disappointed' by CRTC decision on broadband wholesale rates »

Rogers Communications…

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IQ

iQIYI

$18.10

1.02 (5.97%)

17:05
08/19/19
08/19
17:05
08/19/19
17:05
Hot Stocks
Breaking Hot Stocks news story on iQIYI »

iQIYI down over 6% or…

03/08/13
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  • 19

    Aug

IQ

iQIYI

$18.10

1.02 (5.97%)

17:03
08/19/19
08/19
17:03
08/19/19
17:03
Hot Stocks
iQIYI reports Q2 total subscribing members 100.5M, up 50% from last year »

iQIYI's number of…

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  • 19

    Aug

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