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The Latest Breaking News from Broadcom

Stock Market Rally Revs Higher As Congress OKs Debt-Ceiling Deal, Fed Rate-Hike Odds Fall: Weekly Review

The stock market rally advanced strongly and broadly this week, as a debt-ceiling deal cleared Congress and Fed rate hike odds tumbled.

Investors Business Daily

Stocks Higher On Debt Deal, May Jobs Report In Focus, Broadcom Slides, Lululemon Soars, Fed Lending Slips - 5 Things To Know

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.

The Street

Dow Jones Futures Rise: Jobs Report Looms As Tesla Breaks Out

Futures rose after a broad rally. Tesla is clearing a buy point. Broadcom led earnings movers late. The May jobs report is on tap.

Investors Business Daily

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Broadcom Stock Rises On Data Center Chip Growth, AI Opportunity

Broadcom beat Wall Street's targets for its fiscal second quarter and with its own outlook for the current period.

Investors Business Daily

Broadcom: AI Demand Seen Driving Revenue Gains, Earnings Top Forecasts

Q2 was driven by "demand for next generation technologies from hyperscale, while enterprise and service providers continued to sustain,' CEO Hock Tan said.

The Street

Broadcom Rallies on AI Expectations Ahead of Thursday’s Earnings Results

Shares of Broadcom (AVGO ) surged +29% in May, its largest monthly gain ever, as the frenzy over artificial intelligence (AI) sent the stock soaring. The markets will focus on Broadcom’s quarterly earnings results after the close of trading today to see if AI has actually boosted the company’s sales....

Barchart

Dow Jones Gains 200 Points As Debt Crisis Fades; Apple Nears All Time High As Tesla Eyes Breakout

Dow Jones rose after strong jobs data on Thursday. Apple hit a new high. Software stocks are on deck along with Broadcom and VMware.

Investors Business Daily

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Stocks Nudge Higher, More Jobs Data, Salesforce Slides, Nordstrom Surges, Broadcom On Deck - 5 Things To Know

Stock futures nudge higher on debt ceiling deal relief; ADP jobs data in focus as markets look to Friday payrolls; Salesforce slides after sluggish revenue growth, muted near-term outlook; Nordstrom surges after surprise Q1 profit, margin improvement and Broadcom earnings on deck as chipmaker rides AI demand wave.

The Street

Stocks See Support from Debt Ceiling Agreement

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.92%. U.S. stocks this morning are mixed, with the S&P...

Barchart

Asian investors hold breath amid US debt drama

RECAP: Asian markets mostly rose on Friday but investors remained on edge heading into the weekend amid concern that US debt-ceiling negotiations could still break down.

Bangkok Post

Dow Jones Soars 300 Points Despite Sticky Inflation. Marvell Technology Vaults 25% On Bullish AI Forecast.

The Dow Jones traded higher along with the other major stock indexes even as inflation heated up in April. MRVL and WDAY surged on earnings.

Investors Business Daily

Apple could take its iPhone chips to the next level with huge 5G investment

Apple has extended its deal with Broadcom to build a number of “cutting edge” 5G components.

TechRadar

Apple to spend billions of dollars on US-made 5G tech

San Francisco (AFP) - Apple on Tuesday announced a multi-billion-dollar collaboration with US tech firm Broadcom to make "cutting edge" components for wirelessly connecting to high-speed 5G telecom networks.

AFP

Stock Market Today: Debt Ceiling Anxiety Weighs on Stocks

While a Monday night meeting between Biden and McCarthy was "productive," there are no signs the two sides are nearing a deal.

Kiplinger

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Multichannel News

Cable TV Pioneers Picks New Class of 25 Inductees

Group also adds 10 special inductees who work behind the scenes at 57th banquet, in Denver

Investors Business Daily

Apple Inks Multibillion-Dollar Wireless-Chip Supply Deal With Broadcom

Apple announced a multiyear, multibillion-dollar agreement with Broadcom for the chipmaker to supply 5G wireless components.

iMore

Apple and Broadcom sign deal that will power your iPhone 16 next year – and beyond

Apple and Broadcom announce a massive deal that's worth billions of dollars, and will last for multiple years.

Investors Business Daily

Stock Market Losses Widen; Visa Tumble Hurts Dow Jones Average

Stock market losses grew in afternoon trading Tuesday as investors digested retail earnings, debt-ceiling talks and a megadeal in the tech sector.

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Investors Business Daily

Dow Jones Futures: Bullish Market Move On Debt-Ceiling Deal Hopes; Walmart Up On Earnings

The market rally made bullish moves on growing optimism for a debt-ceiling deal. ServiceNow and Taiwan Semi led stocks flashing buy signals. Here's what investors should do now.

Investors Business Daily

Broadcom Poised For More Growth; Decision On $61 Billion Bid For Cloud Play Looms

Growth stock Broadcom is in a flat base with earnings on June 1. The chip leader faces antitrust issues for its $61 billion bid for VMware

Barchart

Is Broadcom the Best Dividend Growth Stock in the S&P 500?

Explore the potential of Broadcom as the leading dividend growth stock in the S&P 500. Discover the rewards of investing in this powerhouse.

The Street

Can Broadcom Stock Catch Up to Chip Favorites Nvidia and AMD?

Broadcom stock has performed well this year but lags its peers. If it can catch up from here, the move starts with a break (which is underway).

Investors Business Daily

Bullish Option Idea In Broadcom Stock, A New IBD 50 Member, Could Return $485

This bullish option trade will profit if Broadcom finishes above 640 at July expiration.

Investors Business Daily

Dow Jones Futures Rise In Dangerous Market; Sarepta Soars On FDA News

Sideways action is far more dangerous than a bear market because it lures investors in. Here's what to do now. Sarepta surged on an FDA panel vote.

Investors Business Daily

Savvy Investors Plow Money Into These 10 Stocks And One IPO

The best mutual funds loaded up on Microsoft, Salesforce and other giants, but also scooped up shares in 2023 IPO Genelux.

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