151.30 0.00 (0.00%)
After hours: 6:50PM EST
|Bid||151.30 x 1000|
|Ask||151.68 x 800|
|Day's Range||151.25 - 155.88|
|52 Week Range||128.69 - 206.80|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||9.62|
|Earnings Date||Feb 27, 2020 - Mar 3, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||180.81|
Under Armour was upgraded by Raymond James to strong buy, Guess posted mixed third-quarter results, and VMWare surpassed earnings and revenue estimates for the third quarter. Yahoo Finance's Ines Ferre discusses from the floor of the New York Stock Exchange.
Arlington-based HyperQube, which allows companies to build an exact copy of their information technology infrastructure, is raising $2 million in funding, CEO and founder Craig Stevenson confirmed to me in an interview. The firm, founded in 2016, currently counts three employees and 10 customers and is on track to do more than $250,000 in sales in 2019, Stevenson said. Stevenson got the idea from one of the biggest hurdles at a former job, as former technical director and later principal cyber engineer at Raytheon Co. (NYSE: RTN).
(Bloomberg) -- Oracle Corp. gave a sales forecast for the current quarter that was in line with analysts’ estimates, signaling muted demand for the company’s software amid its uneven transition to cloud computing.Revenue will increase 1% to 3% in the fiscal third quarter, Chief Executive Officer Safra Catz said Thursday on a conference call with analysts. Wall Street projected a 2.3% jump.Earlier, the world’s second-largest software maker reported sales gained less than 1% to $9.61 billion in the period that ended Nov. 30, short of analysts’ projections of $9.65 billion. Shares declined 3% in extended trading after closing at $56.47 in New York. The stock has gained 25% this year.Oracle’s report was the first since the October death of Mark Hurd, its top sales executive and one of the company’s two chief executive officers. Chairman Larry Ellison said on the call that the company had no plans to replace Hurd, leaving Catz as sole CEO. He pointed toward Oracle’s next line of executives, who lead business divisions, saying, “those people will be the next CEO when Safra and I retire, which will be no time soon.”Since Hurd’s death, Ellison and Catz have sought to reassure investors about the company’s stability, emphasizing Oracle’s advantage in the market for financial planning applications, where it’s seeing some of its strongest sales growth.While Oracle has made little headway in its effort to compete with the biggest cloud companies to rent computing power and storage, it remains a leader in database software. Now, the company is betting on its new Autonomous Database, which runs without a need for human administrators, to spur revenue in the face of strong competition from Amazon.com Inc.’s cloud division.After inconsistent sales growth the past five years, Catz pledged to investors in September that revenue would accelerate this fiscal year and next, and that earnings per share would grow by a double-digit percentage. To help reach that goal, the company that month announced a new artificial intelligence-driven operating system, as well as partnerships with software makers such as VMware Inc. and Box Inc.In the fiscal second quarter, revenue from cloud services and license support climbed 2.6% to $6.8 billion. While that metric includes sales from hosting customers’ data on the cloud, a large portion is generated by maintenance fees for traditional software housed on clients’ corporate servers.Cloud license and on-premise license sales decreased 7.5% to $1.13 billion in the period, suggesting the company is signing fewer new deals.Profit, excluding certain items, was 90 cents a share, compared with analysts’ average estimate of 89 cents. In the current quarter, Oracle projected earnings of 95 cents a share to 97 cents a share. Analysts, on average, estimated 96 cents a share.(Updates with forecast in the second paragraph)To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Facebook Inc. and Alphabet Inc.-owned Google have both dropped out of the top 10 of Glassdoor's annual Employees’ Choice Awards "best places to work" awards, a sharp decline for a pair of Silicon Valley giants that have long been known for their sky-high salaries and cushy employee perks. The No. 1 company on Glassdoor's list, released Wednesday and based on ratings from employees on the career website, is Cambridge, Massachusetts software maker HubSpot. The highest-ranked Bay Area company is DocuSign, Inc., at No. 3.
PALO ALTO, Calif., Dec. 10, 2019 -- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced it has received the highest product scores for three.
Juniper Networks Inc. said Monday it has appointed Raj Yavatkar as chief technology officer with a start date of later this month. Yavatkar was in charge of developing network virtualization infrastructure and products for cloud networking at Google , Juniper said in a statement. The executive has also done stints at VMWare Inc. and Intel Corp. . Yavatkar will replace Bikash Koley, who resigned in November, according to a regulatory filing. Juniper shares were down 1% Monday and have fallen 7.4% in 2019, while the S&P 500 has gained 25%.
A slew of advanced data breaches is expected to increase the demand for cloud security offerings in the coming years. The prospects are prompting cloud service providers to up the ante in this space.
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced it has been recognized as a Leader in the 2019 Gartner Magic Quadrant for WAN Edge Infrastructure for the second consecutive year. Covering 19 vendors in the space, the report positioned VMware as a Leader highest for the ability to execute and furthest for completeness of vision. VMware SD-WAN by VeloCloud delivers the most advanced SASE (Secure Access Services Edge) solution and is architected to be the SD-WAN platform of the future in cloud and networking software, while being the SD-WAN solution of the present.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced it has been positioned as a leader in The Forrester Wave™: Unified Endpoint Management, Q4 2019, which evaluated 13 unified endpoint management (UEM) vendors. VMware’s intelligence-driven digital workspace platform, VMware Workspace ONE, was top ranked in the current offering and strategy categories.
This week at AWS re:Invent 2019, VMware, Inc. (VMW) is demonstrating how customers around the world are selecting VMware Cloud on AWS to migrate and modernize their applications. Customers adopting VMware Cloud on AWS include 888 Holdings, AIT Worldwide Logistics, Department of Customer Service NSW, EMPLOYERS, Equinix, Optage, and ZENRIN DataCom, all of which are taking advantage of VMware’s consistent cloud infrastructure and operations to reduce the cost, complexity and risk of moving VMware-based applications to the cloud.
PALO ALTO, Calif., Dec. 02, 2019 -- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, announced that VMware Carbon Black has been named a 2019 Gartner Peer.
PALO ALTO, Calif., Dec. 02, 2019 -- VMware, Inc. (NYSE: VMW) today announced that the company is positioned furthest on the completeness of vision axis in Gartner’s Inc.’s.
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced that Pat Gelsinger, VMware’s chief executive officer, will present as a keynote speaker at the Barclays Global Technology, Media and Telecommunications Conference in San Francisco, CA on Thursday, December 12, 2019 at 12:00 p.m. PT/ 3:00 p.m. ET. A live webcast will be available on VMware’s Investor Relations page at http://ir.vmware.com. VMware software powers the world’s complex digital infrastructure.
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced that Sanjay Poonen, VMware’s chief operating officer, customer operations will present at the Raymond James Technology Investors Conference in New York, NY on Tuesday, December 10, 2019 at 6:35 a.m. PT/ 9:35 a.m. ET. A live webcast will be available on VMware’s Investor Relations page at http://ir.vmware.com. VMware software powers the world’s complex digital infrastructure.
Morgan Stanley analyst Keith Weiss on Wednesday reiterated his Equal-Weight rating for VMware stock, noting the enterprise-software company’s absolute numbers weren’t also not that impressive.
Dell Technologies (NYSE: DELL) posted its third quarter earnings on Tuesday after the bell. Expectations were strong considering that Dell has beaten EPS estimates 100% throughout the last year and even revenue estimates 75% of the time. Total revenue of $22.84 billion was close to Refinitiv estimates of $23.04 billion.
Autodesk, Box and VMware climbed Wednesday, Boeing stock dragged on the Dow Jones today as the stock market opened to mixed trade.
VMware's (VMW) third-quarter fiscal 2020 results reflect strong top-line growth, driven by robust performance from NSX and vSAN product lines.