Broadcom Inc. (NASDAQ:AVGO) stock is moving higher on Monday on continued momentum from last week after the company reported earnings for the fourth-quarter. The Details: Broadcom shares rose last week after the company reported earnings and continue to gain momentum into Monday morning. The company’s earnings report included adjusted earnings per share of $1.42, beating analyst estimates of $1.38. Broadcom reported quarterly revenue of $14.05 b…

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What's Going On With Broadcom Shares Monday? - Broadcom (NASDAQ:AVGO)

After topping $1 trillion in market cap last week, Broadcom rallied further on Monday, driven by increased price targets from Wall Street.

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Broadcom jumps 9%, extending record run as Goldman expresses 'higher conviction'

ShareUS stocks headed for a losing week on Friday despite Broadcom’s (AVGO) jump to all-time highs after the chipmaker predicted an AI-driven sales surge. The S&P 500 (^GSPC) was little changed while the techheavy Nasdaq Composite (^IXIC) gave up early morning gains to hover near the flatline. The Dow Jones Industrial Average (^DJI) slipped 0.1... The post Dow, S&P 500 Head For Losing Week, Broadcom Surges After Earnings appeared first on New Te…

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Dow, S&P 500 Head For Losing Week, Broadcom Surges After Earnings - New Telegraph

As AI models transition from pre-training to logical reasoning, specialized chips like ASICs are poised to replace GPUs. Broadcom’s CEO predicts the ASIC market could reach $60-$90 billion by 2027, potentially doubling Broadcom’s AI business annually over the next three years. This optimistic forecast led to a significant stock surge for Broadcom (AVGO, Financial), with shares rising 27%, while Nvidia saw a 3.3% drop. The shift from GPU to ASIC …

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Broadcom’s (AVGO) ASIC Chip Demand Spurs Stock Surge Amid AI Shift

After surpassing the trillion dollars in market capitalization, the shares of Broadcom, software developer, rose another 11%, after Goldman Sachs adjusted the company’s target price on Wall Street. Last Friday, the shares rebounded 24%, after reporting profits that exceeded market expectations, as well as a positive growth perspective for the next period. The US multinational’s securities closed this Monday at a price of 250 dollars, a rebound o…

Después de superar el billón de dólares en capitalización de mercado, las acciones de Broadcom, desarrollador de software, subieron otro 11%, después de que Goldman Sachs ajustó al alca el precio objetivo de la empresa en Wall Street. El viernes pasado, las acciones repuntaron 24%, luego de reportar ganancias que superaron las expectativas del mercado,  asó como una perspectiva de crecimiento positiva para el siguiente periodo.  Los títulos de l…

Goldman Sachs da 'empujón' a las acciones de Broadcom

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Goldman Sachs gives 'push' to Broadcom shares

Broadcom Inc. stock price experienced a remarkable surge late last week, climbing nearly 20% and surpassing the significant $200 threshold. This rally pushed the company’s market capitalisation to an impressive $1 trillion milestone. The jump followed the release of Broadcom’s quarterly earnings report. While the actual figures aligned closely with analyst expectations — earnings per share at $1.42 versus the expected $1.39, and revenue at $14.0…

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Broadcom Inc. Stock Price Surges Nearly 20% - Plato Data Intelligence

United States stocks got on Friday, with innovation stocks leading the marketplace greater after Broadcom’s blowout incomes report.    Broadcom stock skyrocketed 18% in Friday early morning trades after the business stated growing need for its AI chips is driving a boom in its organization.  The business reported fourth-quarter earnings that led expert price quotes and stated its AI income increased 220% for the year to $12.2 billion.   Broadcom…

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Stock market today: Tech leads stocks higher after Broadcom earnings boom

The technology sector has stolen the spotlight on Wall Street in 2024, thanks to skyrocketing growth fueled by innovations like artificial intelligence (AI). As we step into 2025, experts from Motley Fool have flagged three tech titans—Broadcom, Qualcomm, and Meta Platforms—as the stocks to watch.… Read the rest The post New Year, New Tech Boom. These Three Stocks Are Set to Shine in 2025 appeared first on elblog.pl.

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New Year, New Tech Boom. These Three Stocks Are Set to Shine in 2025!

Broadcom Review: Apple Customer Risk (NASDAQ:AVGO)  Seeking Alpha     READ SOURCE

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Broadcom Review: Apple Customer Risk (NASDAQ:AVGO) - Seeking Alpha - WiredFocus

The S&P 500 was up 0.4%, the Nasdaq 100 rose 1.5%, and the Russell 2000 notched a 0.6% gain to kick off the week. Breadth was — you guessed it — negative despite the move higher in the benchmark US stock...

What's Going On With Broadcom Shares Monday? - Broadcom (NASDAQ:AVGO)

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