Broadcom tumbles 11% after earnings as AI trade sells off - CNBC
1 day ago · Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
Broadcom—Down 10%—Leads Tech Sell-Off - Forbes
1 day ago · Key Facts Shares of Broadcom declined by 10.5% to around $363.70 as of Friday morning, pacing what would be the largest single-day drop for the stock since a 17.4% rout in January.
Broadcom shares fall as margin warning sparks AI payoff worries
2 days ago · Broadcom shares fell more than 11% on Friday after the chipmaker warned growing sales of lower-margin custom AI processors were squeezing profitability, sparking worries that the …
Broadcom Earnings: Buy the Dip Before the Rocket Takes Off
1 day ago · Broadcom AVGO posted strong fiscal fourth-quarter results above guidance. Guidance for January-quarter artificial intelligence revenue was impressive, as was a new $11 billion AI chip order …
Broadcom earnings, Lululemon CEO steps down, 'fibermaxxing' and
Shares of Broadcom dropped after the semiconductor company reported earnings. Lululemon CEO Calvin McDonald will step down at the end of January. Disney announced a $1 billion equity …
Broadcom Shares Slide After Investors Seek Bigger AI Payoff
2 days ago · The shares slid 11% in New York trading Friday, their biggest single-day drop since late January, following unsettling commentary from Chief Executive Officer Hock Tan the day before on a ...
Broadcom Inc.: Fiscal Q4 Earnings Snapshot - SFGATE
3 days ago · Revenue was reported as $63.89 billion. For the current quarter ending in January, Broadcom Inc. said it expects revenue in the range of $19.1 billion.
Broadcom Stock Wavers Despite Beat-And-Raise Quarterly Report
2 days ago · Broadcom handily beat estimates for its fiscal fourth quarter and with its guidance for the current period. Broadcom stock wavered.
Broadcom Shares Drop 11% After Earnings Beat as AI Sector Faces Sell …
1 day ago · The decline marked Broadcom’s sharpest single-day drop since January, dragging down peers including Nvidia, down 3%, AMD, off 5%, and Oracle, which slid 4.5% following its own …
NEW YORK MARKET CLOSE: Comments from Broadcom CEO lead AI
1 day ago · Broadcom shares tumbled their most in a day since January, closing down 11%. Also worrying investors was a projection for reduced gross margin.