Broadcom and Nvidia Stocks Fall
Broadcom and Nvidia Stocks Fall

1 hour ago

Broadcom and Nvidia Stocks Fall

Broadcom’s stock pulled back around 5% after the company beat Wall Street’s earnings expectations, but forecast in-line revenue for the current quarter.

Shares of fellow chip maker Nvidia also retreated, with the stock down about 2%. Nvidia is one of the biggest companies in the U.S. by market value, so it is heavily weighted in major U.S. stock indexes like the Nasdaq Composite and S&P 500.

Source link

You May Also Like

Wharton professor Jeremy Siegel says Powell just delivered the best news for the stock market in over a year

Wharton professor Jeremy Siegel is a long-time market commentator.REUTERS/Steve Marcus Fed Chairman…

Bloomberg Intelligence asset allocation quarterly: It’s bonds’ year to drive | Insights | Bloomberg Professional Services

This analysis is by Bloomberg Intelligence Director of Equity, Chief Equity Strategist…

GlobalStar Taps Trees4Travel Carbon Management Tech

GlobalStar Travel Management is partnering to use carbon management supplier Trees4Travel’s technology…

These are Jefferies ‘rock-solid’ dividend stock picks

When searching for income, investors may want to consider “rock solid” stocks…