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Broadcom shares are down more than 9% today, and since the chipmaker is far more expensive than other big stocks, value investors should be taking this as a win and muttering about hubris before ...
Broadcom also reported a surprise net loss of $1.88 billion, ending an almost eight-year streak of recording a net profit, according to LSEG data. Analysts had estimated a net profit of $2.88 billion.
Bulls are keeping the faith on Broadcom Inc., even as shares sell off Friday following a weaker-than-expected revenue outlook for the current quarter. There were other things to quibble with as ...
Broadcom Inc.'s stock slid 9% Friday, but its two most-active bonds were signaling that bondholders were unfazed by the company's latest earnings report. Shareholders were left feeling ...
Broadcom's turnaround plan for VMware appears to be working, as the silicon-and-software-slinger reported 47 percent year on year revenue growth – but also posted a loss. The acquisitive conglomerate ...
With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows: ...
The S&P 500 dropped 1.7% to close out its worst week since March 2023. Broadcom, Nvidia and other tech companies drove the market lower amid ongoing concerns that their prices soared too high in ...