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The Latest Breaking News from Broadcom

Broadcom, an AI Chip Stock, Just Split Its Shares Like Nvidia and Looks Cheap

Broadcom, an AI chip designer like Nvidia, just produced stellar results and announced a similar 10-for-1 stock split. AVGO stock still has at least an 18% upside based on its strong free cash flow margins.

Barchart

Stock Market Hits Highs; Tame Inflation, Fed Meeting, Apple, Broadcom, Oracle, Tesla: Weekly Review

The Nasdaq and S&P 500 hit record highs on tame inflation and as Apple, Broadcom and Oracle soared on news. But the stock market gains were narrow.

Investors Business Daily

Dow Jones Futures Fall: Tesla Shareholders OK Elon Musk Pay Deal, Adobe Soars; Two Stocks In Buy Zones

Market action was mixed Thursday. Tesla shareholders approved the huge Elon Musk pay deal. Adobe soared late.

Investors Business Daily

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Stock Market Today: Markets Retreat From Record Highs as Risk Appetite Wanes

Stocks slump as a geopolitical stress, weaker consumer sentiment weighs on risk assets.

Kiplinger

Broadcom Stock Rockets On AI-Fueled Q2 Beat, Stock Split

Broadcom stock gapped up on Thursday as investors reacted positively to the company's beat-and-raise earnings report and upcoming 10-for-1 stock split.

Investors Business Daily

Broadcom Surges on Strong AI Outlook, Stock Split

Broadcom shares are soaring Thursday after the chipmaker's beat-and-raise quarter and news it is splitting its stock. Here's what you need to know.

Kiplinger

Indexes Close Near Session Highs, But Small Caps Struggle; Tesla Pares Gains (Live Coverage)

The Dow Jones fell slightly but other indexes rose to record highs after inflation data. Tesla soared as CEO Musk Said His $56 billion pay package nears approval.

Investors Business Daily

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Dow Jones Slides After Inflation Data, Jobless Claims; Tesla Surges On Elon Musk Tweet

Stock Market Today: The Dow Jones industrials dropped on key inflation data Thursday. Tesla stock surged on CEO Elon Musk's tweet.

Investors Business Daily

VMware revenues appear to plummet, but Broadcom says everything is fine

VMware seems to report significant drop in quarterly revenue, but Broadcom’s CEO says that’s not the full picture.

TechRadar

Do you want to build a vSAN? It doesn’t have to be a VMware vSAN

With growing uncertainty facing VMware users since the Broadcom acquisition, there must be a better way to build a vSAN.

TechRadar

Dow Jones Futures Fall After Fed Shift; Elon Musk Expects To Win Pay Vote, Broadcom Soars

Futures were mixed a day after the Fed's hawkish shift. Broadcom jumped on earnings. Tesla soared as Elon Musk said he expects to win the Tesla pay vote.

Investors Business Daily

Broadcom Beats Fiscal Q2 Goals, Announces 10-For-1 Stock Split

Chipmaker and infrastructure software provider Broadcom beat Wall Street's targets for its fiscal second quarter.

Investors Business Daily

VMware signs major new OEM deals, with Dell joining HPE and Lenovo

After terminating existing agreement earlier in 2024, Dell joins HPE and Lenovo in signing new deal with VMware.

TechRadar

Funds Keep Pouncing on Netflix Stock, Broadcom, Others

Funds are buying Netflix stock, Broadcom, Coinbase and Goldman Sachs. All four are near buy points with strong ratings.

Investors Business Daily

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Barchart

3 Stocks Most Likely to Join the $1 Trillion Market Cap Club in the Next 5 Years

With a solid product portfolio, brand strength, and a thirst for innovation, these three companies are on the right track.

TechRadar

VMWare customers are still worried for the future following Broadcom takeover

Broadcom continues to retain VMware customers despite widespread concern over price hikes and troubling terms.

Barchart

Option Volatility And Earnings Report For June 10 - 14

It’s a very quiet week on the earnings front with just a handful of key names reporting. This week, we have Adobe, Broadcom and Oracle all reporting.

Investors Business Daily

Dow Jones Futures Fall; Apple AI Push, Fed Rate Outlook Lead 8 Big Market Events

The stock market is at highs with Apple's AI push, the Fed rate "dot-plot" and the Tesla shareholder meeting headlining key events and news.

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International Business Times UK

Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom

Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.

Investors Business Daily

Dow Jones Futures Await Key Economic Data; Elon Musk Diverts AI Chips From Tesla; Nvidia Lacks Coattails

The market was mixed ahead of key economic data. Elon Musk reportedly diverted Nvidia AI chips from Tesla to X and xAI.

The Independent UK

CEO pay is rising, widening the gap between top executives and workers. What to know, by the numbers

The typical compensation for CEOs of S&P 500 companies keeps climber higher — and outpacing the wages of average workers today

The Independent UK

CEOs made nearly 200 times what their workers got paid last year

Even with Covid wage rises, the gap between the person in the corner office and everyone else keeps getting wider

The Independent UK

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets

Barchart

2 Semiconductor Giants That Could Follow Nvidia With a Stock Split

After industry heavyweight Nvidia announced a 10-for-1 stock split, these high-priced semiconductor stocks could be the next names to follow suit.

Investors Business Daily

Costco, Eli Lilly Near New Highs; That Doesn't Scare Mutual Funds

Costco stock is in a buy zone ahead of the earnings report Thursday. Mutual funds like this stock and a few others.

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