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Broadcom, chip stocks power Wall Street
Broadcom, chip stocks power Wall Street higher
Wall Street's main indexes rose on Friday with Nasdaq outperforming after an upbeat forecast from Broadcom kept alive the euphoria around artificial intelligence and lifted chip stocks. Broadcom forecast quarterly revenue above Wall Street estimates and predicted booming demand for its custom AI chips in the next few years,
Nvidia’s stock misses out on the big chip rally after Broadcom earnings
One analyst noted that the type of AI chip Broadcom makes could pick up market share relative to “costly” graphics processing units.
S&P 500 Gains and Losses Today: Broadcom Stock Soars as Earnings Show AI Strength
The S&P 500 finished flat on Friday, Dec. 13, 2024, as attention shifted toward next week's Federal Reserve decision on interest rates.
Broadcom, Tesla, Costco, RH, Upstart, Boeing, and More
These Stocks Are Moving the Most Today: Broadcom, Tesla, Costco, RH, Upstart, Boeing, and More
Broadcom stock surges and its market cap surpasses $1 trillion for the first time after CEO Hock Tan says the company’s artificial-intelligence opportunity over the next three years is ‘massive,’ while Tesla shares rise and the stock heads for a record closing high.
Top Stock Movers Now: Broadcom, Supermicro, RH, and More
Key Takeaways Major U.S. indexes were slightly lower at midday Friday as markets pulled back from the post-election rally that sent them into record territory.Super Micro Computer shares tumbled amid concerns the stock could be removed from the Nasdaq 100 Index.
These Stocks Are Moving the Most Today: Broadcom, Nvidia, Costco, RH, Tesla, EVgo, Salesforce, ServiceTitan, and More
Broadcom stock surges after CEO Hock Tan says the company’s artificial-intelligence opportunity over the next three years is ‘massive,’ RH soars on expectations of strong revenue growth, and Tesla shares rise after their six-session winning streak is snapped.
14h
Broadcom Soars On Strong AI Demand
These impressive figures were primarily driven by the company's AI-related offerings, with AI revenue skyrocketing by 220% to ...
12h
on MSN
Broadcom Stock Is the Best S&P 500 Stock After Earnings
Broadcom stock is soaring Friday after the chipmaker beat earnings expectations for its most recent quarter, fueled by AI ...
6h
on MSN
Stock market today: Dow logs 7-day losing streak as stocks wobble, yields jump before Fed meeting
Ed Yardeni said the Fed could move forward with a hawkish interest rate cut next week after sticky inflation data.
11h
on MSN
Why Stock-Split and Artificial Intelligence (AI) Stock Broadcom Blasted Higher on Friday
The semiconductor and networking specialist offered the clearest proof yet that the artificial intelligence (AI) revolution ...
6h
on MSN
Stock Market Today: Broadcom Earnings Boost the Nasdaq
Broadcom became the latest member of the $1 trillion market-cap club after its quarterly results, while RH also rallied on ...
13h
Is The IPO Market Back? Broadcom Shines On Earnings
Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%.
5h
Why We Targeted Magnificent Seven Stocks As Market Breadth Weakened
The Magnificent Seven stocks are once again masking some flat to downward-trending performance in the broader market. Whether ...
MarketWatch
7h
Software stocks retreat as Broadcom earnings fuel rotation into chip sector
The software sector is down on Friday as
Broadcom
's earnings seem to be fueling a rotation back into the chip sector. While
Broadcom
sells both chips and software, investors appear to be keying in ...
4h
Stock market today: Dow, S&P 500 cap weekly losses, Broadcom surges 24% to top $1 trillion market cap
Tech stocks led the way higher Friday morning as Broadcom surged higher after the chipmaker predicted an AI-driven sales ...
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