Slow Stochastic
Previous Close | 789.95 |
Open | 790.64 |
Bid | 804.93 x 800 |
Ask | 805.81 x 900 |
Day's Range | 787.32 - 823.77 |
52 Week Range | 415.07 - 921.78 |
Volume | |
Avg. Volume | 2,628,377 |
Market Cap | 336.658B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 27.19 |
EPS (TTM) | 29.70 |
Earnings Date | Aug 30, 2023 - Sep 04, 2023 |
Forward Dividend & Yield | 18.40 (2.33%) |
Ex-Dividend Date | Mar 21, 2023 |
1y Target Est | 733.00 |
Broadcom shares traded slightly higher after its second quarter results beat analyst estimates. The Yahoo Finance Live team breaks down the report.
Lululemon, Five Below, and Broadcom are all moving in after-hours trading. Yahoo Finance Live's Seana Smith breaks down the action.
The economy appears to be doing well, withstanding the pressure of higher interest rates without causing a big disruption in the labor market thus far. Major market benchmarks climbed sharply at midday, with the Dow Jones Industrials leading the way with a gain of nearly 2%. Indeed, with investors scouring the sector to find the best potential artificial intelligence (AI) stocks for the future, the latest financial results from Broadcom (NASDAQ: AVGO) had the spotlight as the week drew to a close.
Lululemon Athletica shares rose 14% after the retailer reported strong fiscal first-quarter earnings and sales as demand for high-end sportswear remained robust.
Broadcom beat Wall Street's targets for its fiscal second quarter and with its own outlook for the current period.
Broadcom stock is inching higher on the earnings report but is still working through a spike in volatility.
The stock market rally advanced strongly and broadly this week, as a debt-ceiling deal cleared Congress and Fed rate hike odds tumbled.
Performance is excellent, free cash flow is robust, guidance is solid and sales are growing. Here's my one nitpick and how to play the stock.
Benzinga Made-In-China Teslas Are The Highest Quality, Says Musk: ‘It Warms My Heart’ Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese staff. Sharing pictures from his visit to the Gigafactory on Wednesday evening, Musk tweeted, “Congratulations to Giga Shanghai & Tesla C
Wall Street analysts are pointing to Broadcom (ticker: AVGO) as the next likeliest chip maker after Nvidia (NVDA) to benefit from the surge of demand for AI infrastructure. Broadcom expects AI-related revenue to rise to roughly $7.5 billion next fiscal year. If Broadcom hits those projections, then the semiconductor supplier would be the second largest firm in the sector, trailing Nvidia and beating out rivals such as Intel (INTC), Advanced Micro Devices (AMD) and Marvell (MRVL), according to J.P. Morgan analysts.
Futures rose after a broad rally. Tesla is clearing a buy point. Broadcom led earnings movers late. The May jobs report is on tap.
An investor craze for artificial intelligence [has powered Nvidia’s dizzying rise](https://www.wsj.com/articles/nvidia-nvda-q1-earnings-report-2024-132e3559?mod=article_inline) and pushed the stock to lofty valuations.
The Senate passes the debt deal for Biden to sign, Mortgage rates soar, and other news to start your day.
Stock futures higher as Senate confirms debt ceiling deal; May jobs report in focus as labor market strength impresses; Broadcom slides after earnings beat, AI-powered sales outlook; Lululemon surges after blasting earnings forecasts on high-end demand and U.S. banks continue to trim emergency borrowing from Fed.
In fact, the S&P 500 only advanced by a quarter of a percentage point in May. For a handful of technology stocks, however, May was a bullish blowout. Are the S&P 500's biggest winners from last month still worth buying at their newly inflated price?
Investing.com -- Stocks in focus in premarket trade on Friday, June 2nd. Please refresh for updates.
Investing.com -- VMware, Inc. (NYSE:VMW) posted lower-than-anticipated revenue in the first quarter, as the cloud computing group saw strength at its subscription and software-as-a-service (SaaS) offerings partially offset by a drop in licensing demand.
At this time, for opening remarks and introductions, I would like to turn the call over to Ji Yoo, head of investor relations of Broadcom Inc. Joining me on today's call are Hock Tan, president and CEO; Kirsten Spears, chief financial officer; and Charlie Kawwas, president, Semiconductor Solutions Group. Broadcom distributed a press release and financial tables after the market closed, describing our financial performance for the second quarter fiscal year 2023.
(Bloomberg) -- Broadcom Inc. predicted that sales tied to artificial intelligence will double this year, a sign it’s benefiting from the same frenzy that boosted Nvidia Corp., but the chipmaker remains mired in a broader slowdown.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersInside the Making of Redfall, Xbox’s Latest MisfireRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge F
Q2 was driven by "demand for next generation technologies from hyperscale, while enterprise and service providers continued to sustain,' CEO Hock Tan said.
Broadcom Inc. (AVGO) delivered earnings and revenue surprises of 1.88% and 0.26%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Chip maker Broadcom reported better-than-expected earnings for its fiscal second quarter. The revenue outlook topped Wall Street's forecast, as well.
Tomorrow morning's Employment Situation brings us the biggest economic report of the week, and arguably of the month.
Broadcom Inc forecast third-quarter revenue above market estimates on Thursday, as it benefits from massive corporate investments in AI-related technologies. The viral success of ChatGPT has sparked a surge in orders for chips that underpin the technology at big data centers, driving a rally in shares of semiconductor companies that cater to the hottest slice of the market. Broadcom Chief Executive Hock Tan said generative AI could account for more than 25% of the company's semiconductor revenue in 2024.