The Latest Breaking News from AVGO

The Fed's plan to raise interest rates aggressively has aggravated bearish investor sentiment ahead of the Federal Reserve Board meeting this week. And rising recessionary fears are expected to sustain the bearish mood in the near term. However, quality mega-cap stocks Abbott (ABT), Broadcom (AVGO), and Pfizer (PFE) are expected…

Semiconductor stocks have finally started to drop after outperforming from March 2020 to January 2022. There are valid reasons to worry about the downside including a cyclical downturn in tech spending. However, the industry is poised for long-term growth, and these 3 stocks are trading at very attractive valuations: Intel…

Someone with a lot of money to spend has taken a bullish stance on Broadcom (NASDAQ:AVGO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Today, Netgear Inc (NASDAQ:NTGR) slashed its 1Q revenue outlook by 11% to $207 million at the midpoint from $232 million prior. The revision reflected, "The U.S. consumer WiFi market, which had exited 2021 at ~15% above 2019 levels, declined in the first quarter of 2022, ending roughly flat to 2019 levels.  The decline in…

Broadcom Inc's (NASDAQ:AVGO) short percent of float has fallen 8.89% since its last report. The company recently reported that it has 4.90 million shares sold short, which is 1.23% of all regular shares that are available for trading.

With soaring inflation, the stock market has already priced in significant rate hikes. While this should tamper prices, it will likely come at a cost to growth. Many tech stocks may continue to suffer. And that could include leading growth stocks such as Broadcom (AVGO). So, for investors who want…

Increasing government and corporate investments to ramp up semiconductor production should help ease the ongoing chip shortage in the near term. Also, the growing demand for advanced chips for cutting-edge technologies, such as 5G, IoT, AI, and continued breakthroughs in chip-making make the industry’s prospects bright. Therefore, popular chipmakers Broadcom…

Slowing demand in the PC market and deepening supply chain constraints worldwide have affected the sales of prominent semiconductor chipmaker NVIDIA (NVDA), making its overvalued stock susceptible to a price pullback. However, innovations in the chip manufacturing process, rising corporate and government investments to ramp up production, and an overall…

Someone with a lot of money to spend has taken a bullish stance on Broadcom (NASDAQ:AVGO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.