|Bid||210.46 x 800|
|Ask||210.53 x 800|
|Day's Range||207.11 - 211.44|
|52 Week Range||197.46 - 285.68|
|PE Ratio (TTM)||7.93|
|Earnings Date||Sep 6, 2018|
|Forward Dividend & Yield||7.00 (3.34%)|
|1y Target Est||288.61|
Starboard's interest in Symantec comes as the maker of Norton anti-virus software said earlier this month that it would cut 8 percent of its global workforce, or about 1,000 employees, amid amid weak revenue growth in its enterprise security business.
SAN JOSE, Calif. , Aug. 13, 2018 /PRNewswire/ -- Broadcom Inc. (Nasdaq:AVGO), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced ...
Broadcom Inc. ( AVGO) shares have fallen hard since announcing it would buy CA Inc. ( CA) for nearly $19 billion in July, with the stock dropping by 13.5%. The technical chart isn't the only issue facing the company: The outlook for the business presently looks weak, too. The technical chart for Broadcom is weak and is suggesting the stock will fall to roughly $199, a drop of more than 8% from its current price of $216.85.
For years now, investments in big tech companies have paid off better than those in big banks. Jamie Dimon, CEO of JPMorgan Chase (NYSE:JPM), thinks this is about to change and bank stocks should heat up. The best bank stocks have been doing fine through the recovery, but only in the last two years as interest rates have begun rising have the gains at Morgan or Bank of America (NYSE:BAC) been beating the NASDAQ average.
For Qualcomm (QCOM) shareholders, there is an upside to the company’s decision to terminate its proposal to buy chip rival NXP Semiconductors (NXPI). Qualcomm intends to repurchase $30.0 billion of its shares now that the NXP deal is off the table. Qualcomm originally agreed to buy NXP for $38.0 billion, but it was forced to raise its bid to $44.0 billion in February because some NXP shareholders demanded a higher price.
Of course, it's difficult to predict which technologies will change our world and how long their influence will last. On top of that, it's often a challenge for investors to identify investable opportunities associated with these groundbreaking technologies. The Morningstar Exponential Technologies Index focuses on finding high-growth companies that are in the early stages of developing technologies that are expected to have a broad impact on society and transform how we live and work.
SAN JOSE, Calif., Aug. 07, 2018-- Broadcom Inc. today announced production availability of the Stingray™ PS1100R 100 G PCIe adapter solution for Ethernet connected NVMe™ over Fabrics storage applications. ...
NVIDIA (NVDA) has topped all semiconductor stocks as well as the overall market in the last five years. A stock’s total shareholder returns include its capital appreciation and dividends. Among the top ten, five were tech stocks, and two of these five were semiconductor companies: NVIDIA and Broadcom (AVGO).
CA Technologies (CA) reported its fiscal Q1 2019 financial results on August 6, posting non-GAAP EPS after adjustments of $0.54 and missing analysts’ estimate of $0.68. Its EPS fell 11.5% YoY (year-over-year). The graph below shows CA’s EPS over the last five quarters, during which they have fallen at a compound annual rate of 3%.
Stocks were trading up on another relatively quiet morning on Tuesday, as global stocks also advanced. Piper Jaffray's Craig Johnson is trying to balance the positive with the negative. Others think equities can keep on chugging. Boston Private's Shannon Saccocia writes that while it may surprise some investors that the recent selloff in technology—along with seemingly ever-increasing tariff tensions—hasn't been able to derail the positive earnings momentum this season.
Semiconductor giant Broadcom is buying the IT management software specialist. Nobody knows exactly why yet, but it's definitely happening.
In the previous part of this series, we looked at Qualcomm’s (QCOM) key segments and its geographic revenue exposure. SoCs combine the vital electronic circuits of a smartphone or various computer components into a single, integrated chip. According to Transparency Market Research, the SoC market has been projected to grow to $207 billion at an 11% CAGR (compound annual growth rate) between 2018 and 2026.
In this series, we’ll discuss the potential impact of the United States’ tariffs on the country’s semiconductor companies. President Trump’s tax reforms seeking the repatriation of US tech firms’ foreign cash and the escalating trade war could play a crucial role in shaping the prospects of the world economy. We’ll focus on the following semiconductor companies’ exposure to China: Intel Corporation (INTC) NVIDIA Corporation (NVDA) Advanced Micro Devices (AMD) The semiconductor market
While Qualcomm (QCOM) made efforts to acquire NXP Semiconductors, it continued its organic efforts in adjacent markets. At the same time, it also focused on its core business of baseband modems for smartphones, and once again it was the first to launch 5G (fifth-generation) modems. It’s this 5G leadership that encouraged US President Donald Trump to block Qualcomm’s acquisition by Singapore-based Broadcom (AVGO), which later redomiciled in the United States.
Radio-frequency chip supplier Qorvo late Wednesday smashed Wall Street's estimates for its fiscal first quarter ended June 30, but offered mixed guidance for the current quarter.
On July 26, Qualcomm (QCOM) stock rose 7% while NXP Semiconductors (NXPI) stock fell 5.7% a day after the two companies announced the end of their 21-month merger talks and released their earnings for the June quarter. On its fiscal third-quarter earnings call, Qualcomm’s management stated that it was withdrawing from the NXP deal because it had not secured approval from China’s (MCHI) State Administration for Market Regulation. Qualcomm ended the uncertainty surrounding the deal by paying a $2 billion termination fee to NXP.
Apple Inc. (NASDAQ: AAPL ) reported solid third-quarter earnings , which bodes well for a handful of companies that supply components to the iPhone maker , according to KeyBanc Capital Markets. The Analyst ...
Wave Computing®, the Silicon Valley start-up that is revolutionizing artificial intelligence (AI) and deep learning from the cloud to the edge with its dataflow-based systems and licensable IP solutions, today announced a strategic collaboration with Broadcom Inc. (AVGO). The companies will collaborate to bring Wave’s next-generation dataflow processing unit (DPU) to market at the leading-edge 7nm process node. The next generation DPU, which will continue to be the foundation of the company’s revolutionary AI system solutions, will be manufactured on TSMC’s 7nm process technology and leverage Broadcom’s industry-leading design platform, productization skills, and proven 7nm 56Gbps and 112Gbps SerDes that are ideally suited for high-performance deep learning applications.
Qualcomm (QCOM) announced that it plans to scrap its $44.0 billion acquisition of NXP Semiconductors (NXPI). The company hasn’t received approval from Chinese authorities as a result of the escalating US-China trade war. This is a blow for the company, as the acquisition was an integral part of Qualcomm’s 5G strategy.
Semiconductor stocks and the related exchange traded funds (ETFs) have stumbled a bit in recent weeks due to escalating fears about the trade spat between the U.S. and China. The technology sector depends ...
WASHINGTON/BENGALURU (Reuters) - NXP Semiconductors (NXPI.O) followed Qualcomm Inc (QCOM.O) in announcing share buybacks worth billions of dollars on Thursday as the companies sought to compensate investors for the collapse of their $44 billion (33.46 billion pounds) merger due to Chinese opposition. U.S. Treasury Secretary Steven Mnuchin said it was unfortunate that China had not granted regulatory approval for the deal, seen by analysts as the quid pro quo for concessions made by Washington on Chinese phonemaker ZTE . "I'm very disappointed that they didn't get regulatory approval," Mnuchin told CNBC in an interview.
NXP Semiconductors NV (NASDAQ: NXPI ) traded down 8 percent and QUALCOMM, Inc. (NASDAQ: QCOM ) up 6 percent Thursday after confirming the termination of their merger. CNBC had reported the cancellation ...
Alan Valdes of SilverBear Capital tells Yahoo Finance's Seana Smith why there's still time for investors to make money in tech stocks.
Tom Farley, Far Point Acquisition Corp. CEO and former NYSE president, discusses the termination of Qualcomm's deal with NXP Semiconductors due to regulatory issues stemming from U.S.-China trade tensions.