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Nvidia shares closed down more than 1% on Tuesday, as Broadcom shares reversed earlier gains to also move lower. On Monday, Nvidia entered correction territory — broadly defined as the point when a stock falls 10% or more from an all-time high close. Nvidia hit its closing high of $148.88 last month. After initial rising […]
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks were slightly lower Friday, with the S & P 500 , the Nasdaq , and the Dow pretty much flat in early afternoon trading. The benchmark 10-year Treasury […]
Customers re-examining VMware dependence VMware has been the go-to virtualization platform for years, but Broadcom’s acquisition has pushed customers to reconsider their VMware dependence. A year into its VMware buy, Broadcom is at a critical point. By now, customers have had months to determine whether they’ll navigate VMware’s new landscape or opt for alternatives. Beyond […]