$NTNX

Nutanix said in an SEC filing it will cut about 5% of its global workforce after reviewing its organizational structure. The company expects to substantially complete the reduction by end of October 2026 and estimates pre-tax charges of about US$33 million to US$43 million, mainly severance. It plans to reallocate resources toward AI, NKP, infrastructure modernization, and sales.

Nutanix said in an SEC filing it plans to cut 5% of its global workforce over the next three months, aiming to finish by end-October 2026. The company expects $33 million to $43 million in severance and termination costs. In Q3 FY2026, it reported $703 million revenue (+10% YoY) and $2.43 billion ARR (+15% YoY).

Dell said its PowerStore all-flash NVMe storage is now available in the Nutanix Cloud Platform for APJ, supported with Nutanix Cloud Infrastructure 7.6 and managed via Prism. The integration supports provisioning, snapshots, clones and VHD expansion. Dell also paired it with Dell Private Cloud and PowerProtect Data Manager for backup and retention.

Dell says its PowerStore file and block storage arrays are now supported for the Nutanix Cloud Platform, specifically Nutanix Cloud Infrastructure (NCI) 7.6. Dell claims PowerStore provides a broad infrastructure portfolio for Nutanix environments, with Prism integration and features including 6:1 data reduction and replication options. Dell and Nutanix cite prior integrations like PowerFlex.

Dell Technologies announced PowerStore storage support for Nutanix Cloud Platform 7.6, deployed and managed via Dell Private Cloud, aiming to offer an alternative to VMware by Broadcom amid reported VMware license price increases. Partners cited Dell’s PowerStore growth, a 20,000-customer installed base, and PowerStore Elite shipping July 22.

Nutanix said Dell Private Cloud now supports the latest Nutanix Cloud Platform (NCP) on Dell PowerStore. The integration is intended to automate deployment and lifecycle management, with Nutanix Prism providing VM-based operations. Nutanix also cited its NCI 7.6 release and prior PowerFlex integration. The article frames this as competition with VMware.

Dell and Nutanix said PowerStore now supports Nutanix Cloud Platform with NCI 7.6. The integration is designed to work with Nutanix AHV, using Prism for provisioning and data management. Dell Private Cloud adds automated deployment and lifecycle management, and Omdia cited about 2.5 hours to deploy workload-ready clusters.

The article reviews Q1 results for cloud monitoring software peers, saying the group’s revenues beat analysts’ consensus by 2.7% and next-quarter guidance was 1.8% above. It highlights Nutanix (NTNX) revenue of $703.1M (+10% YoY), Datadog (DDOG) $1.01B (+32.2%), PagerDuty (PD) $121M (flat), and Dynatrace (DT) $531.7M (+19.4%).

Goldman Sachs says the U.S. M&A boom has further room to run, citing about $1.2 trillion in announced deals this year, up 32% from the same period in 2025, and a 12% rise in deal count, per Goldman. It refreshed a basket of 71 stocks on July 1, noting valuations of likely targets may not fully reflect takeover odds. Candidates include IMAX, ConocoPhillips, Freeport-McMoRan, Diamondback Energy, Occidental, SBA Communications, Nutanix and Dynatrace.

Nutanix (NASDAQ: NTNX) said University of Southern Queensland (UniSQ) modernized its core IT using the Nutanix Cloud Platform, including the AHV hypervisor. UniSQ migrated test (500 VMs) and production (about 300 VMs and appliances) and moved Oracle databases to NCP. UniSQ reported a 52% infrastructure footprint reduction and improved reliability and upgrade flexibility.