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Broadcom soars 23% to a $1 trillion valuation after earnings as the company eyes big AI opportunity ahead
Broadcom shares surged Friday after the company's latest earnings report. "We see an opportunity in AI over the next three years," its CEO said on the call.
Broadcom’s stock soars as earnings show just how much AI has helped the business
The artificial-intelligence portion of Broadcom Inc.’s semiconductor business grew 220% last fiscal year, helped by momentum in custom accelerators and ethernet networking. That amounted to $12.2 billion in annual revenue,
Broadcom Inc.: Fiscal Q4 Earnings Snapshot
Broadcom Inc. shares have climbed 62% since the beginning of the year, while the S&P's 500 index has risen 27%. In the final minutes of trading on Thursday, shares hit $180.66, a
S&P 500 Gains and Losses Today: Broadcom Stock Soars as Earnings Show AI Strength
What You Need to Know 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 shares soared after the chipmaker topped sales and profit forecasts as AI sales surged.
1d
on MSN
MetLife targets double-digit earnings per share gains in new growth plan
MetLife is aiming for double-digit growth in its adjusted earnings per share over the next five years by doubling down on ...
19h
on MSN
Is Costco Stock Still a Buy After Earnings?
Costco stock is slightly higher Friday after the warehouse club beat expectations for its fiscal first quarter. Here's what ...
1d
on MSN
Analysts overhaul Broadcom stock price targets after Q4 earnings
Broadcom CEO Hock Tan gave investors a bullish outlook on the group's potential market for AI chip and networking sales.
American Banker
3d
International banks stumble in Q4 earnings amid credit hurdles
Institutions like BMO Financial Group and Bank of Nova Scotia saw earnings bogged down by increased loan loss provisions and ...
7d
on MSN
Why Hewlett Packard Stock Is Still a Buy After Earnings
Hewlett Packard stock is sizzling Friday after the tech giant beat expectations for its fiscal fourth quarter. Here's what ...
3d
Allianz Targets Faster Earnings Growth, Boosts Returns in New Midterm Plan
Europe’s largest insurer expects earnings growth to accelerate in the next three years driven by its property and casualty ...
9d
GitLab's Earnings: A Preview
Analysts expect GitLab to report an earnings per share (EPS) of $0.15. The announcement from GitLab is eagerly anticipated, ...
9d
on MSN
Is Dollar Tree Stock a Buy, Hold or Sell After Earnings?
Dollar Tree stock is higher Wednesday after the retailer beat Q3 earnings expectations and updated its full-year outlook.
3d
Ollie's Bargain Outlet Beats On Q3 Earnings, But Comps Dip As Growth Strategy Shifts Gear
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) shares are trading higher on Tuesday. The company reported third-quarter ...
11d
Is Lululemon Stock (LULU) a Good Buy Before Q3 Earnings?
Lululemon (LULU), the premium athletic apparel retailer, is set to report its third-quarter earnings on December 5th. I ...
1d
on MSN
Costco beats on earnings as e-commerce sales jump
Costco topped Wall Street's earnings and revenue estimates. The warehouse club drew more store traffic, as shoppers bought ...
3d
How To Earn $500 A Month From Macy's Stock Ahead Of Q3 Earnings
Macy’s, Inc. (NYSE:M) will release its third-quarter financial results, before the opening bell, on Wednesday, Dec. 11.
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