Official VMware Takeover from Broadcom. Why is the stock market not excited?

font size Portable version of the VMware web page on the smartphone. Yuri Cherenkov / Dreamstime.com from Broadcom On Thursday, it said it had reached an agreement to buy a cloud computing company VMware for about $61 billion. If completed, the acquisition would be one of the largest of the year to date, beating Elon … Read more

Stock market closed higher after flirting with the bear market

US stocks rose, led by the financial sector, as the S&P 500 moved away from bear market territory after flirting with such levels in volatile trading session Friday. The broad market index advanced 72.39 points, or 1.9%, to 3,973.75 on Monday. At one point on Friday, the S&P 500 Slither so far It was on … Read more