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Futures News on January 8: 1. The trading volume of WTI crude oil futures was 863,393 lots, a decrease of 186,004 lots from the previous trading day. The open interest was 1,959,795 lots, an increase of 18,633 lots from the previous trading day. 2. The trading volume of Brent crude oil futures was 108,910 lots, a decrease of 22,960 lots from the previous trading day. The open interest was 141,837 lots, an increase of 3 lots from the previous trading day. 3. The trading volume of natural gas futures was 557,381 lots, a decrease of 67,976 lots from the previous trading day. The open interest was 1,549,876 lots, an increase of 17,916 lots from the previous trading day.Cambrian’s share price broke through 730 yuan, and its total market value reached 300 billion yuan.South African Central Bank: South Africas foreign exchange reserves fell by $169 million to $48.727 billion in December.On January 8, CES 2025 (International Consumer Electronics Show) kicked off in Las Vegas, USA from January 7 to 10, 2025, Pacific Time. BOE (BOE) and its subsidiary BOE Varitronix brought more than 60 innovative technology products and diversified IoT scenario technology solutions to the CES site, and released the "HERO" plan for application scenarios in the era of intelligent vehicles to overseas markets for the first time.On January 8, analysts at CareEdge wrote in a report that the recovery in consumer demand will be crucial for clues to Indias GDP growth prospects. They said that rural demand may drive consumption amid reports of slowing consumption in urban areas. Healthy agricultural growth and a pullback in food prices may boost consumption in the coming months. Increased consumption will also help attract investment, another key issue in GDP data. In the absence of sustained growth in private capital expenditure, support from government capital expenditure is crucial to supporting the overall investment environment in the economy.

Broadcom Is in Discussions to Acquire VMware

Aria Thomas

May 23, 2022 09:50

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People familiar with the subject told Reuters that chipmaker Broadcom (NASDAQ:AVGO) Inc is in talks to acquire cloud service provider VMware (NYSE:VMW) Inc.


According to the sources, negotiations between Broadcom and VMware are ongoing and a deal is not imminent. The terms of the proposed transaction could not be discovered.


The acquisition will diversify Broadcom's business away from semiconductors and into enterprise software, following its $18.9 billion acquisition of CA Technologies and its $10.7 billion acquisition of Symantec (NASDAQ:NLOK) Corp's security division over the past four years.


The deal was initially revealed by Bloomberg News on Sunday night. Broadcom and VMware did not reply immediately to requests for comment from Reuters. As of market closure on Friday, VMware had a market capitalization of $40.3 billion.


According to Refinitiv statistics, Michael Dell is VMware's largest investor with a 40 percent ownership as a result of Dell Technologies (NYSE:DELL) Inc spinning off VMWare to its shareholders last year.


Silver Lake, a private equity firm that has previously invested in Broadcom, is VMware's second largest stakeholder with a 10 percent stake, according to Refinitiv data.

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