AVGO News Explorer
Stay informed with the latest market news and analysis about AVGO
View AVGO on Yahoo Finance →2025-01-17
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
Jan 17, 2025, 5:00 AM
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.
2024-12-23
Stock futures are little changed after positive start to the holiday trading week: Live updates
Dec 23, 2024, 6:02 PM
The major averages posted modest gains on Monday to begin the holiday-shortened trading week.
2024-12-17
Ofcom staff accused of 'reprehensible' porn job post
Dec 17, 2024, 8:14 AM
Campaigners say the post, by a senior manager at the regulator, "trivialises" violence against women and girls.
2024-12-13
Broadcom stock soars as company touts 'massive' AI opportunity
Dec 13, 2024, 4:00 PM
Broadcom stock soared Friday after the company touted its “massive” opportunity in the AI market during a quarterly earnings call the prior evening.
Stock market today: Dow, S&P 500 cap weekly losses, Broadcom surges 24% to top $1 trillion market cap
Dec 13, 2024, 5:50 PM
Tech stocks led the way higher Friday morning as Broadcom surged higher after the chipmaker predicted an AI-driven sales surge.
Stock market today: Dow, S&P 500 cap weekly losses, Broadcom surges 24% to top $1 trillion market cap
Dec 13, 2024, 5:50 PM
Tech stocks led the way higher Friday morning as Broadcom surged higher after the chipmaker predicted an AI-driven sales surge.
Stock market today: Dow, S&P 500 head for losing week, Broadcom surges after earnings
Dec 13, 2024, 9:30 AM
Tech stocks led the way higher Friday morning as Broadcom surged higher after the chipmaker predicted an AI-driven sales surge.
Broadcom Soars Most Since 2020 to Top $1 Trillion Valuation
Dec 13, 2024, 9:43 AM
(Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, surged to a $1 trillion market valuation for the first time after predicting a boom in demand for its artificial intelligence chips.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSales of AI products
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
Dec 13, 2024, 4:13 AM
(Reuters) -Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming demand for its custom artificial intelligence chips in the next few years. Shares of the Palo Alto, California-based company were up 14% in aftermaket trade after CEO Hock Tan told investors on a conference call he expects a revenue opportunity from AI in the range of $60 billion to $90 billion in fiscal 2027. Tan indicated three "hyperscale" customers are likely to deploy millions of AI chip clusters at the time.
2024-12-12
Dow futures are little changed after index posts longest losing streak since April: Live updates
Dec 12, 2024, 6:03 PM
The Dow Jones Industrial Average dropped for a sixth consecutive day, notching its longest losing streak since April.
2024-10-29
Stock market today: Nasdaq heads for record close as investors await Alphabet earnings
Oct 29, 2024, 3:00 PM
Investors absorbed a fresh rush of earnings and waited for Alphabet to lead in the week's Big Tech results.
2024-10-17
Stock market today: Dow, Nasdaq rise as Nvidia and chip stocks jump
Oct 17, 2024, 4:02 PM
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rally
Oct 17, 2024, 9:34 AM
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rally
Oct 17, 2024, 9:35 AM
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
2024-09-10
Global Investments senior portfolio manager Thomas Martin gives his top semiconductor stock picks on 'The Claman Countdown.'
2024-09-06
Nvidia stock tanks 4% amid rough week for chip stocks
Sep 6, 2024, 4:34 PM
Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.
Stocks sink after jobs report, on track for big weekly losses
Sep 6, 2024, 4:05 PM
The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.
Nvidia stock tanks 5% amid rough week for chip stocks
Sep 6, 2024, 1:51 PM
Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.
Stock market today: Stocks erase gains, head for big weekly losses after jobs report
Sep 6, 2024, 10:37 AM
The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.
Stock market today: Nasdaq futures lead markets lower ahead of crucial jobs report
Sep 6, 2024, 6:38 AM
The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.
Stock market today: Nasdaq futures lead stocks lower ahead of crucial jobs report
Sep 6, 2024, 6:38 AM
The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.
Broadcom falls amid AI chip surge as revenue stalls
Sep 6, 2024, 5:03 AM
(Reuters) -Chipmaker Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading. California-based Broadcom expects revenue of around $14 billion, while analysts polled by LSEG expected $14.04 billion.
2024-09-05
S&P 500 futures are little changed as traders gear up for big August jobs report
Sep 5, 2024, 6:03 PM
The S&P 500 fell Friday and notched its worst week since March 2023.
2024-09-03
Nvidia leads Nasdaq sell-off in brutal start to September
Sep 3, 2024, 4:07 PM
Wall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
Stocks retreat to start September
Sep 3, 2024, 11:57 AM
Wall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
Stock market today: US futures retreat
Sep 3, 2024, 7:02 AM
Wall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
Stock market today: US futures retreat as focus turns to labor data
Sep 3, 2024, 7:02 AM
Wall Street is hunkering down after a roller-coaster August, with the prospect of a potentially stormy September ahead.
2024-09-02
Crucial jobs report watched for repeat of July shock
Sep 2, 2024, 6:45 AM
A crucial August jobs report that could determine how much the Federal Reserve cuts interest rates in September awaits investors in the week ahead.
2024-09-01
Crucial September jobs report kicks off a new month
Sep 1, 2024, 8:34 AM
A crucial August jobs report that could determine how much the Federal Reserve cuts interest rates in September awaits investors in the week ahead.