Welcome to our dedicated page for VMware news (Ticker: $VMW), a resource for investors and traders seeking the latest updates and insights on VMware stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VMware's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VMware's position in the market.
Rhea-AI Summary
VMware positioned as a Leader in Gartner Magic Quadrant for Desktop as a Service (DaaS)
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Rhea-AI Sentiment
End-of-Day
0.81%
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Rhea-AI Summary
VMware positioned as a Leader in the IDC MarketScape for SD-WAN Infrastructure 2023 Vendor Assessment
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Rhea-AI Sentiment
End-of-Day
0.81%
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Germany's Care-For-Rare Foundation receives VMware license key from the University Hospital in Munich, enabling the use of AI in diagnosing and treating rare diseases in children.
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End-of-Day
0.05%
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VMware adopts ethical principles for AI to drive fairness, accountability, sustainability, and responsibility.
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Rhea-AI Sentiment
End-of-Day
-0.4%
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VMware's commitment to sustainability is intrinsic to its technology solutions for over 25 years. The company aims to decarbonize digital infrastructures and achieve net zero emissions. They have achieved 100% renewably sourced power and added more than 50 partners to their Zero Carbon Committed program. VMware is also working on microgrid projects and has released the VMware Green Score to help customers track their energy use and carbon footprints. Co-innovation is a key part of their sustainability commitment. VMware recognizes the energy-intensive nature of AI/ML and is developing a roadmap for sustainable innovation. Overall, VMware's focus on sustainability is a positive factor for its business.
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Rhea-AI Sentiment
End-of-Day
1.65%
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VMware reports Q2 revenue of $3.41 billion, up 2% YoY. Subscription and SaaS revenue increases 34% YoY to $1.26 billion, constituting 37% of total revenue. Subscription and SaaS ARR exits Q2 at $5.31 billion, up 36% YoY. GAAP net income increases 34% YoY to $477 million. Non-GAAP net income increases 11% YoY to $792 million. RPO totals $12.88 billion, up 6% YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.25%
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VMware introduces new Private AI offerings to drive enterprise adoption of generative artificial intelligence and tap into the value of trusted data.
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Rhea-AI Sentiment
End-of-Day
-0.45%
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Lenovo and VMware announce joint solutions for mid-size companies, including a generative AI solution with NVIDIA-accelerated computing. The partnership aims to simplify the deployment of next-generation AI and data intelligence.
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Rhea-AI Sentiment
End-of-Day
-0.45%
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Rhea-AI Summary
VMware and NVIDIA expand partnership to enable enterprises for generative AI
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Rhea-AI Sentiment
End-of-Day
-0.45%
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Rhea-AI Summary
VMware and Oracle strengthen partnership to make it easier for customers to fast-track application and cloud modernization. Customers can subscribe to Oracle Cloud VMware Solution as part of VMware Cloud Universal, simplifying procurement and accelerating adoption of eligible VMware Cloud services. VMware Cloud Universal is well-suited for customers with hybrid cloud architecture, extended or variable cloud migration timelines, or cloud bursting requirements. Customers can use credits to deploy workloads on Oracle Cloud VMware Solution, simplifying cloud-related expenses. VMware Cloud Acceleration Benefit allows customers to leverage the value of VMware Software Defined Data Center perpetual licenses as they migrate workloads to Oracle Cloud VMware Solution. Oracle Cloud VMware Solution offers scalability, performance, security, administrative control, and compliance. It provides flexible cloud infrastructure, zero-trust security, and a consistent low pricing across 45 global Oracle Cloud regions. The partnership drives greater business agility, resiliency, and cloud economics for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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About VMW
vmware is the leader in cloud infrastructure, business mobility and virtualization software. a pioneer in the use of virtualization and policy-driven automation technologies, vmware simplifies it complexity across the entire data center to the virtual workplace, empowering customers with solutions in the software-defined data center to hybrid cloud computing and the mobile workspace. with 2014 revenues of $6.04 billion, vmware has more than 500,000 customers, 75,000 partners, and 18,000+ employees in 120+ locations around the world. at the core of what we do are our employees who deeply value execution, passion, integrity, customers, and community. want to be part of a compassionate community that thrives on architecting what’s next in it? learn more at vmware.com/careers.