AVGO
NASDAQ · Semiconductors
Broadcom Inc.
$362.97
+5.36 (+1.50%)
AVGO News30 articles
AMD Hits Record High, But Analyst Targets Offer Slim Upside
AMD shares jumped 8.8% to a record high, but the consensus analyst target now sits just 1.2% above the price, raising the bar for estimate revisions.
Broadcom's AI Bet: $126.8B Purchase Pledges Signal Deep Customer Ties
Broadcom's latest filing shows $126.8B in purchase commitments, 1.8x nine-month revenue, plus a $29B lease backstop, underscoring AI-fueled expansion and concentration risks.
Broadcom's AI Bet: $490 Target Hinges on Anthropic's $40B Surge
Macquarie upgrades Broadcom to Outperform with a $490 target, betting on Anthropic's $40B AI chip demand by 2028, offering 36.9% upside.
Zscaler's Rally Fades as Fed Rate-Cut Bets Cool; Nasdaq Gains 1.4%
Zscaler's early 12% jump faded to a 2.9% gain, while the Nasdaq rose 1.4% as traders trimmed September rate-hike bets to 50.4%.
Broadcom Stock Slips 2.7% as AI Optimism Meets Guidance Reality
Broadcom shares dropped 2.7% as its Q4 revenue outlook fell short of consensus, raising questions about its AI-driven valuation despite strong Q3 results.
Nasdaq Rises 1.4% as Fed's Waller Signals Possible Rate Pause
The Nasdaq advanced 1.4% as Fed Governor Waller hinted at a possible pause in rate hikes. Tech stocks led gains, while yields eased.
Tech-Led Rally Lifts Nasdaq 1.5% as Bond Yields Ease
The Nasdaq Composite rose 1.5% on Thursday as declining Treasury yields boosted technology shares. The S&P 500 and Dow also advanced, with consumer discretionary leading sector gains.
Tech Stocks Rally as Treasury Yields Ease, Offsetting Oil Spike
The Nasdaq climbed 1.4% as lower bond yields buoyed tech stocks, offsetting pressure from $91 oil. S&P 500 and Dow also rose.
Tech-Led Rally Lifts Nasdaq 1.4% as Treasury Yields Slide
Wall Street climbed midday as lower bond yields fueled a tech-led rally. The Nasdaq gained 1.4%, while Snowflake soared 21% on strong results.
Stocks Edge Higher as Treasury Yields Dip, Offsetting Oil Price Surge
US stocks opened higher Thursday as a drop in Treasury yields helped offset the impact of $92 oil. The Nasdaq and Dow each gained 0.7% in early trading.
Small-Cap Futures Lead as Oil Retreats From $93
Russell 2000 futures advanced 0.73% as oil pulled back from $93, while S&P 500 and Nasdaq-100 futures also posted gains. Treasury yields slipped, and jobless claims ticked higher.
Oil Rally Pressures Nasdaq as Dow Holds Firm
Crude oil tops $92 a barrel, driving a wedge between the Dow and Nasdaq futures. Snowflake jumps on strong guidance, while Broadcom and NetApp slide.
Oil Surges Past $92, Tech Futures Dip as Energy Gains Outweigh AI Optimism
Crude oil climbs above $92 a barrel, erasing earlier tech gains. Snowflake jumps 24% on strong results, while Ultragenyx drops 44% after a failed trial.
Oil Rebounds Above $91; Tech Futures Cede Early Gains
Oil rebounded above $91, while tech futures gave up early gains. Snowflake surged 23% on raised outlook, but Broadcom and HPE declined on guidance concerns.
Dow Futures Edge Higher as Snowflake Soars, Broadcom Slips
Dow futures led U.S. equity markets higher in early trading, with Snowflake soaring on raised guidance and Broadcom slipping despite record results. Oil prices firmed amid geopolitical tensions.
Broadcom Forecast Misses, Tech Futures Flat, Oil Dips
Broadcom's softer forecast weighs on tech futures, while oil prices ease. S&P 500 and Nasdaq futures hold steady, gold rises 1.29%.
Small Caps Lead Market Rebound as Wall Street Breaks Losing Streak
Wall Street rebounded Wednesday, ending a three-day losing streak. The Russell 2000 led gains, rising 1.1%, while Snowflake surged 22% in after-hours trading.
Small Caps Lead Wall Street Rebound as Three-Day Slide Ends
Wall Street snapped a three-day losing streak, led by small caps. The Russell 2000 jumped 1.13%, while Dell and Snowflake surged on strong results.
Nvidia Advances 4% on $3.5B MediaTek Bet, AI Demand Surge
Nvidia (NVDA) shares jumped 4% to $226.17 after a $3.5 billion MediaTek investment, reinforcing its AI push. Q3 revenue guidance of $108 billion and a 74% gross margin outlook underpin the move.
Broadcom Stock Edges Lower Ahead of Q3 Earnings, AI Revenue Target in Focus
Broadcom shares slipped 0.5% as investors await Q3 earnings, with AI revenue guidance of $16 billion and margin trends under scrutiny. The stock traded at $368.01.
Intel Shares Slip Premarket, Lag $95 Offering Price
Intel shares dropped 1.4% in premarket, remaining 7.6% below the $95 offering price. The stock traded at $87.74 as rising bond yields pressured chip stocks.
Intel Rebounds from 4.2% Slide, Still Trails $95 Offering Price
Intel shares bounced back from a 4.2% slump, but the stock still trades 6.8% below its $95 offering price as high valuation and foundry losses persist.
Nvidia Stock Dips 1.3% as Rising Treasury Yields Weigh on AI Valuations
Nvidia shares slipped 1.3% on Tuesday, erasing $69 billion in value as rising Treasury yields pressured AI valuations. AMD and Micron also fell.
Nasdaq Slips 0.1% as Rising Yields Test Earnings Support
The Nasdaq Composite slipped 0.12% on Monday as Treasury yields climbed to 4.75%. This week's payroll data and tech earnings will test market resilience.
Semiconductor Strength Offsets Megacap Weakness, Leaving QQQM Flat
QQQM finished Monday essentially unchanged as gains from chipmakers like Nvidia and Micron balanced declines in Apple and Microsoft, highlighting the fund's heavy concentration.
Broadcom's AI Revenue Target Faces Key Test Ahead of Q3 Earnings
Broadcom shares edged higher Monday as the company prepares to report Q3 results, with a $16 billion AI revenue target and valuation under scrutiny.
Marvell Stock Plunges 10% as Google AI Revenue Slips to Fiscal 2029
Marvell Technology (MRVL) shares dropped 10.3% on Friday, wiping out $22 billion in market value after the company indicated that revenue from its Google partnership would not ramp until fiscal 2029.
Marvell Tumbles 10% on Google AI Chip Revenue Deferral
Marvell shares dropped 10.3% on Friday despite record quarterly revenue, as investors focused on the delayed Google AI chip revenue timeline to fiscal 2029.
Marvell Tumbles 10% as Investors Eye Delayed Google AI Revenue
Marvell (MRVL) shares dropped 10.3% despite record Q2 revenue, as investors focused on the delayed timeline for Google custom AI chip revenue, now expected in fiscal 2029.
Marvell Stock Plunges 10% as AI Revenue Timing Draws Investor Ire
Marvell shares dropped 10.3% to $216.62 despite record revenue, as investors focused on margin compression and delayed Google AI chip revenue until fiscal 2029.