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The Latest Breaking News from Broadcom

Stock Market Rallies To Record Highs On Dovish Fed, AI Optimism: Weekly Review

The major stock market indexes rallied to record highs as the Fed stuck to its rate-cut forecast. Nvidia, Micron and others fueled AI optimism.

Investors Business Daily

Stocks Mixed In Europe And Asia After Wall Street Records

Global stock markets show mixed trends with Wall Street hitting new highs, Reddit soars in debut, Treasury yields stable, oil prices steady.

Top News

Broadcom Stock Rallies After Tech Firm Gains New AI Chip Customer

Broadcom stock surged Thursday on news that the company had gained a new AI chip customer.

Investors Business Daily

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Dow Jones Futures: Apple Sour, But These 11 Stocks Flash Buy Signals; FedEx Soars

The major indexes faded from record highs as Apple fell on a DOJ lawsuit. But many stocks flashed buy signals. Lululemon, FedEx and Nike reported late.

Investors Business Daily

Ultra Ethernet Consortium Grows to 55 Members, Reveals Some Details on Upcoming HPC Backbone Tech

The Ultra Ethernet Consortium (UEC) has announced this week that the next-generation interconnection consortium has grown to 55 members. And as the group works towards developing the initial version of their ultra-fast Ethernet standard, they have released some of the first technical details on the upcoming standard. Formed in the…

AnandTech

VMware by Broadcom reportedly offers olive branch to some cloud providers

Partners told that they might no longer meet the requirements have been given a solution to keep selling VMware services.

TechRadar

Dow Jones Futures: Here Comes Fed's Earnings Report For Market; Nvidia Partner Super Micro Prices Offering

Stocks steadied Tuesday as Nvidia reversed higher. Wednesday's Fed rate-cut outlook is an earnings report for the market rally.

Investors Business Daily

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Broadcom's AI Revenue Outlook Boosted For FY'24

Broadcom stock rises on strong Q1 results. AI and networking revenue surge. Company focuses on AI technology and optical interconnect solutions.

Top News

Broadcom CEO acknowledges VMware-related “unease”

Broadcom knows that its VMware changes have been pretty aggressive, but it’s all with good intention, says CEO Hock Tan.

TechRadar

Analysts overhaul Micron stock price target ahead of earnings

This is what could happen to Micron shares next.

The Street

Broadcom Delivers Power-Saving Switch For AI Clusters

Broadcom is now shipping a high-bandwidth switch for AI computer clusters than uses 70% less power than current systems.

Investors Business Daily

Will Broadcom Become a Trillion-Dollar Stock in 2024?

Shares of semiconductor giant Broadcom dropped 8% in the days immediately following its Q1 results. Can AVGO stock bounce back to outpace the markets in 2024?

Barchart

VMware by Broadcom is overhauling its training for an all-new experience

Broadcom wants to make VMware training cheaper – or free – as the company projects healthy quarterly growth.

TechRadar

Broadcom Generates Impressive Free Cash Flow Margins, Implying AVGO Stock Could Be Worth 18% More

Broadcom Inc. reported impressive 39% free cash flow margins for its fiscal Q1 ending Feb. 4. As a result, AVGO stock could be worth up to 18% more. Shorting OTM puts is a good way to play this.

Barchart

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Kiplinger

Stock Market Today: Stocks Go Into Reverse as Nvidia Slumps

The main indexes were initially higher after the release of the February jobs report, but ended well off their session highs.

Investors Business Daily

Stock Market Rally Hits Fresh Highs As Nvidia, Novo Nordisk, Bitcoin Soar: Weekly Review

The Nasdaq and S&P 500 hit fresh all-time highs, with Nvidia and bitcoin continuing to surge.

The Street

Analysts reveal new Broadcom price targets after mixed earnings

The chip-equipment stalwart is set to capitalize on the huge wave of AI spending this year.

Investors Business Daily

Dow Jones Climbs On Jobs Report; Nvidia, Super Micro Surge To New Highs

Stock Market Today: The Dow Jones rose on today's jobs report. Nvidia stock and Super Micro surged to record highs.

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Investors Business Daily

Yes, Top Funds Adore Nvidia. But They Love This Non-AI Sector.

What are the best mutual funds buying? Nvidia, Meta, Microsoft and Palantir reveal just the tip of the iceberg.

Top News

Broadcom Q1 Revenue Exceeds Expectations With AI Networking Demand

Broadcom's impressive Q1 results driven by AI-powered networking chips, poised for continued growth in the semiconductor market.

Investors Business Daily

Dow Jones Futures Fall As Jobs Report Looms; Nvidia Hasn't Done This In 20 Years

The S&P 500 and Nasdaq hit record highs as Nvidia hits extreme technical levels. The February jobs report is on tap.

Investors Business Daily

Broadcom Tops Views On Strong Sales Of AI Chips, Data Center Gear

Broadcom handily beat expectations for its fiscal first quarter. However, it kept its sales guidance for the full year unchanged.

Investors Business Daily

S&P 500 Hits Record As Fed's Powell Admits 2 'Surprises'; Nvidia Cracks 900 As Tesla Battles 'Possible Loss'

Stocks rallied as Fed Powell addressed the Senate. Nvidia surged past 900 while Tesla battled with analyst views of a possible loss.

The Street

Analysts revamp Nvidia, Micron price targets as new business model grows

Chipmakers continue to pace broader tech gains, while Nvidia looks set to benefit from a new business focus.

Investors Business Daily

Broadcom Expands AI Workload Scale With New Data Center Chips

Broadcom introduced new chips to improve high-speed interconnections between AI processors in data centers.

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