$2.5T has been wiped from US stocks
U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
VMware is re-entering the small-server virtualization market with vSphere Express, a simpler offering intended for deployments of up to 128 processor cores. It includes live VM migration, automatic recovery after host failures, distributed switching, non-disruptive patching, and support for physical and virtual trusted platform modules. Each installation is managed separately, with no centralized management; VMware says the product is designed for small environments, not thousands of cores. It will follow the release schedule of the higher-end vSphere Foundation and Cloud Foundation products. Sold as a per-core subscription through distributors’ cloud marketplaces, Express is promised to cost significantly less than those suites, though VMware has not disclosed prices.
The launch addresses demand from customers who need a basic, affordable virtualization platform, but comes after Broadcom pushed many users toward more expensive, complex bundles and sharply reduced VMware’s reseller network. Existing vSphere Standard customers may welcome a familiar upgrade path, while others may hesitate because trust in VMware has been damaged. Alongside Express, VMware is adding disaster recovery and policy-based networking for virtual private clouds to its Foundation and Cloud Foundation bundles. It also plans S3-compatible object storage for vSAN in early 2027, aimed at unstructured data used by AI workloads, and says it will simplify deployment of its AI Factory. The product offers VMware a route to attract smaller customers again, but its success depends in part on rebuilding confidence among users and former partners.
Summary generated by AI from the linked article. hn.today is not affiliated with Hacker News or Y Combinator.
U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
Chip stocks plunged as Wall Street headed for its worst post-midterm Election Day performance since 1896. The provided page contains no further details about the selloff or its causes. (finance.yahoo.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life in prison. The move is largely symbolic because California has not executed anyone since 2006, but it could reduce court costs. (bbc.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life without parole, citing his opposition to capital punishment. Prosecutors and victims’ advocates are expected to challenge the blanket commutation, which affects about one-quarter of death sentences nationwide. (nytimes.com)
A selloff in AI stocks rattled Wall Street. The S&P 500 fell more than 3%. (apnews.com)
An anonymous seller is auctioning about $500 million in data center loans, including debt tied to OpenAI’s Stargate project and operators Vantage and CyrusOne. The sale reflects growing investor concern that AI infrastructure spending and data center projects face mounting financial and political risks. (bloomberg.com)
Today's best Hacker News stories, summarized and screenshotted, one email a day.