AVGO Nov 2019 305.000 call

OPR - OPR Delayed Price. Currency in USD
0.6000
-0.2300 (-27.71%)
As of 3:54PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.8300
Open0.5000
Bid0.5000
Ask0.6500
Strike305.00
Expire Date2019-11-01
Day's Range0.4000 - 0.6000
Contract RangeN/A
Volume9
Open Interest72
  • Broadcom faces EU clampdown
    Yahoo Finance Video

    Broadcom faces EU clampdown

    Yahoo Finance's Brian Sozzi, Alexis Christoforous, and Tom Belger discuss the EU's orders for Broadcom to stop some business deals.

  • Amazon, Broadcom face new antitrust probes in Europe
    Reuters Videos

    Amazon, Broadcom face new antitrust probes in Europe

    European regulators delivered two helpings of bad news for US tech firms Wednesday (October 16). In the UK competition watchdogs have begun a probe into Amazon's investment in Deliveroo. Back in May, the online giant led a 575 million dollar fundraising round for the food delivery firm. Now the Competition and Markets Authority says it's looking into whether that will crimp competition. The deal was supposed to give Amazon a step up in its battle against Uber Eats. Deliveroo is one of Europe's fastest growing tech firms. It employs 60,000 riders in 13 countries to deliver takeaway food. Meanwhile chipmaker Broadcom - a major supplier to Apple - is in trouble with Brussels. Competition Commissioner Margrethe Vestager not pulling any punches Wednesday: (SOUNDBITE) (English) EU ANTITRUST COMMISSIONER, MARGRETHE VESTAGER, SAYING: "We consider that Broadcom is restricting competition by engaging in exclusive and quasi-exclusive dealing with key customers. Broadcom's behaviour would cause serious and irreparable harm to competition." As a result, she's ordered Broadcom to halt exclusive deals with six TV and modem makers for three years. She wants to investigate whether those agreements are intended to thwart rivals. Amazon and other tech giants may know how Broadcom feels. Vestager is infamous in Silicon Valley, after hitting U.S. tech giants with a series of multibillion dollar fines.

  • Thanks to 5G, Qualcomm Stock Can Enjoy a Slow and Steady Ride Higher
    InvestorPlace

    Thanks to 5G, Qualcomm Stock Can Enjoy a Slow and Steady Ride Higher

    Over recent years, the Qualcomm (NASDAQ:QCOM) narrative has been dogged by various pressures and controversies. At first, Singapore-based Broadcom (NASDAQ:AVGO) proposed an aggressive $117 billion takeover bid for QCOM stock. But in a move that had bipartisan support, President Donald Trump axed the hostile takeover, citing national security concerns. That gave Broadcom little choice but to back down.Source: nikkimeel / Shutterstock.com The other pressing issue impacting Qualcomm stock was the underlying technology firm's legal battle with Apple (NASDAQ:AAPL). Notably, Apple had major grievances with Qualcomm's patent licensing practices. From its perspective, QCOM charged Apple royalty fees for technologies unrelated to the chipmaker.Famously, Apple CEO Tim Cook once quipped that Qualcomm's business practice was like "buying a sofa" from a company that charges "a different price depending upon the house that it goes into." On the other hand, Qualcomm accused Apple of using its patented tech free of charge.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEither way, whether you're on team Qualcomm or team Apple, the bottom line was this: The bitter dispute didn't serve the longer-term case for QCOM stock or AAPL shares. While the former has the innovative prowess, the latter has the rabid fan base. This was a classic knife fight in which both sides were not going to get away unscathed. * The 7 Best Penny Stocks to Buy Fortunately, cooler heads prevailed, with both organizations squaring away their differences. From this new reality, I believe Qualcomm stock has a net positive pathway to steady upside gains.Clearly, the biggest distractions for QCOM stock have been eliminated. As InvestorPlaces's Chris Markoch stated recently, this is probably the beginning of the QCOM narrative. The 5G rollout will spark multiple revenue streams. 5G Opportunities Facilitate a "Slow Burn" for QCOM StockFirst and foremost, the settlement between Qualcomm and Apple creates growth opportunities for at least the next few years. As the leader in 5G modems, QCOM can fill a gap that has previously impeded Apple. Of course, this is a big positive for Qualcomm stock.However, this freshly restored relationship may change over time. In the backdrop of the legal battle, Apple looked to Intel (NASDAQ:INTC) to provide 5G modems. When that plan failed, Apple bought Intel's 5G modem business unit. It's going to take some time to catch up, but AAPL will eventually go in-house with its smartphone semiconductors.Luckily, the Apple business is just one component of the overall 5G picture for QCOM stock. Recently, Qualcomm revealed that it has partnerships with over 30 original equipment manufacturers to launch 5G fixed wireless access equipment. With a target time frame of next year, investors won't have to wait long to start seeing results.Utilizing Qualcomm's Snapdragon X55 5G Modem-RF System as a reference architecture, this 5G FWA equipment will facilitate home- and enterprise-level 5G internet service. What makes this FWA platform impressive is its modularity. Because it can accept "virtually any combination" of 5G spectrum and modes, telecom firms should be able to incorporate this tech into their existing 5G infrastructure.Granted, this might sound like granular nerd talk. However, the modularity of Qualcomm's FWA is crucial for Qualcomm stock. Contrary to what some might believe, the 5G rollout isn't a light switch. Instead, it's a gradual transition.Telecom firms must migrate the existing spectrum to accommodate 5G over time. During this transition, overlap between old and new tech will occur. That's why the FWA equipment's modularity is critical, which essentially provides a bridge for telecom networks. The Lingering Trade WarDespite Qualcomm's dominant presence in 5G and the opportunities that it presents, not everything is positive for QCOM stock. Most notably, the U.S.-China trade war presents a serious risk, not just to Qualcomm but the broader tech industry.In its most recent quarter, QCOM disappointed Wall Street with sour revenue figures. However, management didn't include licensing revenue with Huawei due to a royalties dispute. Moreover, the transition to 5G means less demand for 4G-related equipment.While the trade war may limit Qualcomm stock in the nearer term, ultimately, I see this situation as longer-term positive. I say this because for this particular circumstance, China needs Qualcomm more than Qualcomm needs China.As China and other emerging markets witness broader rises in consumer strength, they'll want the best. Thus, merely doing 5G as a technicality won't be enough. Clearly, QCOM is the 5G leader, which is why our international adversaries want to steal from it.As such, the trade war has exposed China's shady business practices while presenting American companies as virtuous victims. The drama may impact Qualcomm now, but again, in the long run, even geopolitics could be favorable to QCOM stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Penny Stocks to Buy * 7 Bank Stocks to Avoid Now at All Costs * The 10 Best Mutual Funds for Your 401k The post Thanks to 5G, Qualcomm Stock Can Enjoy a Slow and Steady Ride Higher appeared first on InvestorPlace.

  • 'Beijing is the biggest security threat to this country in the 21st century': Republican senator
    Yahoo Finance

    'Beijing is the biggest security threat to this country in the 21st century': Republican senator

    Missouri Republican Senator Josh Hawley tells Yahoo Finance's On the Move that Beijing is the biggest security threat to this country in the 21st century

  • Have Insiders Sold Broadcom Inc. (NASDAQ:AVGO) Shares Recently?
    Simply Wall St.

    Have Insiders Sold Broadcom Inc. (NASDAQ:AVGO) Shares Recently?

    Some Broadcom Inc. (NASDAQ:AVGO) shareholders may be a little concerned to see that the Chief Legal Officer, Mark...

  • Huawei Debt Bulls Scoff at Trump Attacks
    Bloomberg

    Huawei Debt Bulls Scoff at Trump Attacks

    (Bloomberg Opinion) -- Blacklisting by the U.S. government, accusations of espionage and the arrest of its chief financial officer haven’t been enough to scare investors away from Huawei Technologies Co. Shares of China’s biggest telecoms equipment and smartphone maker aren’t publicly listed, making its equity largely unavailable to outsiders. Its bonds, however, do trade and have continued their upward trajectory over the past year, impervious to Donald Trump’s best efforts to make Huawei the biggest scalp in his trade war with China. Four different series of U.S. dollar bonds, with maturities in 2022 through 2027, have climbed as much as 5.6% since a low in December. That’s a lot for fixed-income markets. Even a massive drop in May — when the Trump administration moved to ban U.S. companies from selling vital components to Huawei — was shrugged off by debt investors within a month. Each of those securities is now within striking distance of record highs.The concern at that time, and which persists even today, is that shutting off access to American products such as semiconductors and software would hobble the world’s second-biggest smartphone maker. U.S. companies including Qualcomm Inc., Broadcom Inc. and Intel Corp. supply parts used in electronics products that are difficult to substitute, especially given that China lags behind in chip technology. Even a ban on Alphabet Inc.’s Google from supplying bits of its Android operating system to Huawei was considered a major blow, since Android is used on more than two-thirds of smartphones. The prohibition follows the December arrest of CFO Meng Wanzhou, who was detained in Canada at the request of the U.S. over allegations that include lying about the company’s dealings with Iran.Debt investors brushed off these worries, perhaps believing that Huawei’s status as a national hero coupled with its deep technological abilities ensure that the company would be able to pay its debts. Huawei was sitting on $39 billion of cash and short-term investments at the end of last year, with just $10.2 billion in total borrowings, according to its latest annual report.That makes Huawei’s $4.5 billion in outstanding bonds a trifle. And in the context of a slowing Chinese economy and concerns about the pileup of debt throughout the nation’s financial system, Huawei looks like one of the safest bets around.Such bullishness was rewarded this week when Huawei announced nine-month sales figures. Rather than get strangled by all those forces working against it, the Shenzhen-based company posted a 25% increase in third-quarter revenue to 209.5 billion yuan ($30 billion), according to my calculations. That’s 5% less than the prior quarter, but not the apocalyptic scenario many had expected. Importantly, it managed to maintain the 8.7% net profit margin it posted in the first half, which is actually higher than the same figure for full-year 2018. All of this goes to show that no matter what the U.S. and the economy throw at it, Huawei will be fine. Or at least its debt holders will.To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

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    The Vatican, the financier and the Chelsea property deal

    FT premium subscribers can click here to receive Due Diligence every day by email. Anyone who has discussed getting on the property ladder in London is likely familiar with the term “the bank of mum and ...

  • Is Nvidia Stock A Buy Right Now? Here's What Earnings, Charts Show
    Investor's Business Daily

    Is Nvidia Stock A Buy Right Now? Here's What Earnings, Charts Show

    Chipmaker Nvidia is at the forefront of AI and machine learning, but earnings and share prices have dived. Here is what fundamental and technical analysis say about buying Nvidia stock now.

  • Broadcom Inc. (AVGO) Dips More Than Broader Markets: What You Should Know
    Zacks

    Broadcom Inc. (AVGO) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, Broadcom Inc. (AVGO) closed at $288.48, marking a -0.63% move from the previous day.

  • Barrons.com

    The European Union Orders Broadcom to Stop ‘Anticompetitive Practices’

    The EU claims the chip maker is restricting competition for its chipsets using exclusivity and bundling contract terms. The company will appeal.

  • How Trading Your Own Retirement Can Fleece Your Financial Future - October 16, 2019
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    How Trading Your Own Retirement Can Fleece Your Financial Future - October 16, 2019

    Achieving your retirement goals takes a much different investing approach than regular stock trading, from smartly managing risk to keeping emotions in check.

  • MarketWatch

    European Commission orders Broadcom to halt anti-competitive practices

    The European Commission said Broadcom , the world's leading supplier of chipsets used for TV set-top boxes and modems, is engaging in anti-competitive practices and ordered it to halt the practices. Broadcom is using clauses containing exclusive or quasi-exclusive purchasing obligations and granting customers commercial advantages conditional on the customer buying systems-on-a-chip for cable modems exclusively or quasi-exclusively, the regulator alleged. The Commission's use of injunction power was the first in 18 years, The Wall Street Journal reported. In a statement, Broadcom said it will appeal the ruling and that the ruling won't have a material impact on the set-top box or broadband modem businesses. "As we previously disclosed in an 8-K filing on June 26, 2019, Broadcom's contracts with the customers that the European Commission characterizes as exclusivity-inducing remain in force, other than the provisions at issue, and we intend to continue to support these customers going forward," the company said. (Updates with Broadcom's response.)

  • Reuters

    Broadcom says EU antitrust order will not impact business, will challenge it

    U.S. chipmaker Broadcom said on Wednesday that an EU antitrust order to halt certain business deals with six TV and modem makers will not have a material impact on its business and it will challenge the EU move in court. The European Commission earlier on Wednesday issued the order, the first issued against a company in 18 years, saying certain provisions in the deals could cause serious and irreparable harm to competition. "The principal effect of the Commission's decision will be to disrupt the efficiencies that Broadcom and European OEMs have achieved through strategic alignment," the company said, referring to TV and modem makers.

  • Bloomberg

    Broadcom Must Halt Sales Tactic as Vestager Issues EU Order

    (Bloomberg) -- Broadcom Inc. was ordered to drop allegedly unfair clauses that may compel set-top box makers to use its chips, as European Union antitrust chief Margrethe Vestager deployed a rarely used weapon meant to prevent victims from suffering while probes drag on for years.Broadcom must end "anti-competitive provisions" in contracts within 30 days while the EU continues an investigation into allegations that the U.S. supplier forces six of its main customers to buy its chipsets. While the order announced on Wednesday is set to remain in force for three years or until the EU finishes its probe, Broadcom says it will ask an EU court to overturn it."The evidence that we have gathered from Broadcom’s behavior is likely to have severe negative effects on competitors before we could reach a final decision,” Vestager told reporters in Brussels. She said the so-called interim measures tool is "now on the table" and "if we find cases where interim measures would actually be the thing to do to prevent irreparable harm to competition then obviously we stand willing to use it."The EU hasn’t used interim measures in nearly two decades. The Broadcom move comes after criticism that EU probes into Google and Intel Corp. -- where the tool wasn’t used -- took so long that victims of unfair practices were thwarted by the time fines were levied.Court Fight"We intend to appeal the commission’s decision to the European courts and in the meantime comply with the commission’s order,” Broadcom said, adding that it doesn’t believe the contested provisions “have a meaningful effect on whether the customers choose to purchase Broadcom products."Officials said swift action was necessary because Broadcom’s conduct was likely to affect several upcoming tenders by telecoms providers and the introduction of the WI-Fi 6 standard for models and TV set-top boxes.Broadcom, based in San Jose, California, has also been targeted by U.S. antitrust scrutiny of WI-Fi and switch-chip markets, a probe covering the vast majority of its chip business. Broadcom has described that investigation as immaterial.The EU’s order would be "a landmark moment" for antitrust enforcement, especially if it’s backed by the bloc’s courts, France’s antitrust chief Isabelle de Silva said at a Paris event last week. The EU’s last attempt to use interim measures was halted by a court order in 2001. The regulator had required IMS Health to license data-collecting tools in Germany. The company later partly won a legal challenge that allowed it restrict some licenses.Arris International Plc was among the Broadcom customers to receive a questionnaire from the EU on chips in hardware used by the cable and satellite industry to provide television and internet to consumers, Bloomberg reported in October.(Updates with Broadcom statement in fifth paragraph.)To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter Chapman, Amy ThomsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    UPDATE 3-U.S. chipmaker Broadcom told to stop exclusivity deals till EU probe ends

    U.S. chipmaker Broadcom has been ordered to halt exclusivity deals with six TV and modem makers for up to three years while EU antitrust enforcers investigate whether these agreements are aimed at thwarting rivals. The move by European Competition Commissioner Margrethe Vestager suggests she may be more willing to take temporary but rapid action against tech giants deemed to be abusing their dominance rather than wait for investigations to be finalised. Google critics have for years urged Vestager to target the Alphabet Inc. subsidiary with such interim measures during its 10-year battle with EU antitrust regulators.

  • TheStreet.com

    Broadcom Ordered by EU Regulators to Halt Exclusivity Deals

    Broadcom was ordered Wednesday to stop its exclusivity deals with six TV and modem companies by European Union antitrust regulators who are investigating whether these deals hinder competition. The European Competition Commission has not made such a stopgap order in 18 years, according to Reuters. "It doesn't necessarily say that now we have all cases lined up where interim measures will be used but it means that the tool is on the table," European Competition Commissioner Margrethe Vestager said.

  • Financial Times

    EU orders chipmaker Broadcom to suspend exclusive deals

    The EU has ordered US chipmaker Broadcom to suspend its exclusive deals with six television and modem manufacturers while it investigates whether they are anti-competitive. The move to apply so-called “interim measures”, which stop companies from engaging in suspected anti-competitive behaviour before the outcome of an investigation, is part of a new approach to tech regulation by Margrethe Vestager, the EU’s competition commissioner. The chipmaker must now pause its deals for three years, or until Brussels finishes its probe, a process which can also take years.

  • Easy Investing Secrets to an Early Retirement - October 15, 2019
    Zacks

    Easy Investing Secrets to an Early Retirement - October 15, 2019

    Achieving the financial freedom to retire early is a dream for most, but making that dream a reality isn't as tricky as it sounds. If you are willing to make some serious lifestyle changes and sacrifices, it can be possible.

  • Semiconductor Stocks To Buy And Watch Before Q3 Earnings Season
    Investor's Business Daily

    Semiconductor Stocks To Buy And Watch Before Q3 Earnings Season

    Finding top semiconductor stocks to buy involves understanding the health of markets that purchase chips for their products. Chip stocks have risen on hopes for a late 2019 market recovery.

  • Broadcom Unveils BCM6865 Chip to Aid Connectivity Devices
    Zacks

    Broadcom Unveils BCM6865 Chip to Aid Connectivity Devices

    Broadcom (AVGO) is benefiting from strong demand for wireless solutions and expanding product portfolio.

  • GlobeNewswire

    Broadcom Delivers Industry’s Highest Density G.fast Modem Solution

    Broadcom Inc. (AVGO) today announced the availability of its BCM65450 family of G.fast modem devices. As telecom operators drive toward gigabit broadband via fiber deployments, the existing twisted pair copper infrastructure often remains the fastest and most cost-effective method to complete the customer premise connection. The BCM65450, with the highest G.fast density available, is designed specifically to bridge this fiber-copper gap and get the operator to gigabit services revenue in the shortest possible time.

  • How To Trade Stocks: Why Counting Bases Is A Crucial Skill In Playing Long Stock Rallies
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    How To Trade Stocks: Why Counting Bases Is A Crucial Skill In Playing Long Stock Rallies

    Understand how to count bases. Semiconductor industry leader Broadcom shows how this chart-reading skill is useful in how to trade stocks with success.

  • Broadcom is Title Sponsor of the IRIS National Fair
    Business Wire

    Broadcom is Title Sponsor of the IRIS National Fair

    Nationwide STEM Education Sponsorship to Impact 4.5 Million Students in India

  • Why Intel Stock Will Weather the Trade War Storm
    InvestorPlace

    Why Intel Stock Will Weather the Trade War Storm

    Intel (NASDAQ:INTC) stock has had a tough time in 2019. While shares are up for the year, the stock has under performed its semiconductor peers. With the company losing CPU market share to Advanced Micro Devices (NASDAQ:AMD), it's no wonder investors have left INTC in the dust. In addition, the macroeconomic environment has not been friendly to INTC stock. Or to the chip space in general.Source: JHVEPhoto / Shutterstock.com While resumed trade talks have already resulted in "progress", investors remain skittish whether the U.S.-China trade fracas will lead to further headwinds for the chip space.But looking beyond these variables, Intel remains a solid stock to own. Selling at a low valuation, it offers value in a space dominated by speculative growth names. It pays a solid dividend, and has the cash flow to support it. While you may not see big gains from Intel, it may be a great blue chip opportunity. Let's take a closer look at Intel, and see why the stock may be a buy at today's price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel vs. AMDI believe the CPU wars are the most important factor when assessing Intel stock. While the trade war is a big risk, long-term AMD's purported recriminating of CPU market share threatens INTC's economic moat. Intel's dominant market share has given it pricing power and other advantages to ensure the stock remains a cash cow. But with AMD eating more of Intel's lunch, it seems that this gravy train could soon be over. * 7 Semiconductor Stocks to Buy Now But what is the truth behind the hype?It's no joke that AMD's Ryzen processors have been a game-changer. The success of this chip line has helped AMD seize more of Intel's CPU market share since 2017. AMD now has a staggering 30% market share of the CPU market. If this trend continues, AMD could reach market share it hasn't seen since the mid-2000s, when it had over 40% CPU market share.However, could this be but a short-term blip? Intel's market share losses are the result of their chip shortage. Their inability to adapt to 14-nanometre sized processor lead to supply issues. End-users simply switched from Intel to AMD.Perhaps AMD's market-share grab will taper off in the next few quarters. InvestorPlace's Ian Bezek believes so. In his Oct. 9 article, he pointed out how while AMD's market share has grown materially, it cooled off in the last quarter. However, as an aside, Bezek pointed out how Microsoft (NASDAQ:MSFT) partnering with Qualcomm (NASDAQ:QCOM) for chips in their Surface tablets highlights market share risk. Mobile chips have not been successful in the past when used in tablets. But with improvements in technology, mobile chip makers like Qualcomm now offer a compelling alternative to Intel's x86 CPUs. Despite Headwinds, INTC Stock Is UndervaluedIntel stock trades at a low valuation relative to most of its peers. INTC trades at a forward price-to-earnings (P/E) ratio of 11.6. The stock's enterprise-value-to-EBITDA (EV/EBITDA) ratio is 7.7. Here are the respective valuations of INTC's key competitors:AMD: Forward P/E of 27.8, EV/EBITDA of 64.7Broadcom (NASDAQ:AVGO): Forward P/E of 12, EV/EBITDA of 14Qualcomm: Forward P/E of 18.3, EV/EBITDA of 8.4Nvidia (NASDAQ:NVDA): Forward P/E of 26, EV/EBITDA of 40Texas Instruments (NASDAQ:TXN): Forward P/E of 5.9, EV/EBITDA of 3.1One thing to keep in mind is Intel's lack of long-term revenue growth. Analyst consensus estimates revenue will only grow from $69.4 billion in 2019 to $70.9 billion in 2020. Clearly, INTC stock is no growth play. But Intel stock more than makes up for in terms of return of capital to shareholders.INTC stock currently pays a 2.42% yield. While not the highest yielding blue-chip, it is otherwise a solid dividend. With a payout ratio of just 35.92%, there's plenty of room to grow this in coming years. The average 5-year growth rate for the dividend has been 5.92%. * 10 Tech Stocks to Buy Now for 2025 Along with dividends, Intel has bought back a lot of stock. For the first half of 2019, they repurchased $5.6 billion worth of shares alone. These buybacks are accretive to Intel shareholders, as they improve earnings-per-share over the long-term. Bottom Line: Intel Is a Solid Long-Term InvestmentThere's not much of a "play" with INTC stock. The company's main appeal is their cash-generating status and relatively low valuation. Key risks like competition and China may already be priced into shares. But if both of these issues accelerate, it does threaten the bull case for Intel stock.So what's the call? Are you looking for a solid dividend payer? Consider Intel stock. Are you looking for a contrarian chip play? Perhaps look elsewhere. Whether or not INTC maintains its moat, it is unlikely the company will see monumental revenue growth. Other chip names may offer this proposition.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Beverage Stocks to Buy Now * 10 Groundbreaking Technologies Created by Universities * 5 Semiconductor Stocks Worth Your Time The post Why Intel Stock Will Weather the Trade War Storm appeared first on InvestorPlace.