Shares of cloud-computing infrastructure company VMWare (NYSE: VMW) are up 30% in the last week as of Thursday afternoon, according to data from S&P Global Market Intelligence. If Broadcom has its way, VMWare will have a new home some 15 years after getting partially spun off from EMC in 2007. EMC is now part of Dell Technologies (NYSE: DELL), which finished divesting its stake in VMWare in 2021. Read More...
Motley Fool
Why Tesla Stock Keeps Going Up
For the second day in a row, shares of Tesla (NASDAQ: TSLA) stock zoomed higher on Thursday — and indeed, after shooting up 4.9% yesterday, Tesla’s 5.8% gain as of 11:15 a.m. ET today suggests that momentum may be building behind the electric cars stock. Once again, you can thank Cathie Wood for that. As I pointed out yesterday, on Monday and Tuesday this week, growth investor Wood swooped in to buy nearly 42,000 Tesla shares for her various ARK ETF funds.
