Why Broadcom Stock Turned Tail Today

03:14pm, Friday, 01'st Sep 2023
Broadcom beat sales and earnings estimates last night -- barely. Sales growth was a weak 5% in Q3 and could be an even weaker 4% in Q4.
Broadcom's (AVGO) current quarter guidance missed estimates as demand for its chips for smartphones slowed, and the expected strong gains from the artificial intelligence (AI) boom appeared to fall sh
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Broadcom's (AVGO) third-quarter fiscal 2023 results benefit from an increase in revenues from the Semiconductor solution segment.
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After U.S. markets closed Thursday, Broadcom Inc. (NASDAQ: AVGO) reported better-than-expected earnings per share of $10.54 (versus estimated $10.43) for its fiscal third quarter, but revenue failed t
Investors spent the first half of the year driving up shares of companies thought to factor into the artificial-intelligence revolution, but now they're starting to show more exacting standards.
Nutanix Inc.'s NTNX, +0.94% stock soared more than 18% after quarterly revenue and earnings surpassed analyst estimates, and fiscal first-quarter sales guidance blew past forecasts. The company also a
The stock was falling in premarket trading on Friday, with investors seemingly disappointed by its earnings.
Patrick Moorhead of Moor Insights & Strategy discusses Broadcom's earnings and his outlook for the company.
Broadcom Inc. (NASDAQ:AVGO ) Q3 2023 Earnings Conference Call August 31, 2023 5:00 PM ET Company Participants Ji Yoo - Head of Investor Relations Hock Tan - President and Chief Executive Officer Kirst
Broadcom Inc. (AVGO) came out with quarterly earnings of $10.54 per share, beating the Zacks Consensus Estimate of $10.42 per share. This compares to earnings of $9.73 per share a year ago.
Except for the Nasdaq, major market indices could not sustain a fifth-straight trading day higher.
Nvidia (NASDAQ: NVDA ) proved the artificial intelligence ( AI ) boom is here to stay. Revenue jumped by 101% year-over-year, as net income soared by 843% year-over-year.
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