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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

Company News for Jun 25, 2020

Zacks Equity Research
·1 min read

  • Dell Technologies Inc.'s DELL shares surged 8.4% following the news that the company is considering a spinoff of its stake of nearly $50 billion in VMware Inc. VMW.

  • Shares of Apple Inc. AAPL slide 1.8% following news that the Department of Justice and state attorneys general are planning to investigate the company's App Store.

  • Shares of T-Mobile US Inc. TMUS gained 1.2% after Softbank Group Corp. sold a large part of its more than 24% stake in the company.

  • Caesars Entertainment Corp.'s CZR shares tumbled 3.2% after the company adopted universal mask policy, except eating and drinking, in all properties of the company's network.


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VMware, Inc. (VMW) : Free Stock Analysis Report
 
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Zacks Investment Research