Broadcom Inc

These stocks are overbought after a strong May for Wall Street and could be due for a pullback
A few stocks, including a handful of semiconductor giants, could take a hit after riding the market’s rebound in May. The market closed out a big winning month with the S & P 500 climbed more than 6%, its largest monthly advance since late 2023 and leaving the benchmark little changed on the year. The […]
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Stocks making the biggest moves Thursday: Boeing, Nvidia, Salesforce, E.l.f. Beauty and more
Check out the companies making headlines in Thursday trading. Salesforce — The customer relations management software maker’s shares traded 5% lower on Thursday after the company posted its latest quarterly results. RBC Capital Markets downgraded the stock, citing execution risks if the company continues acquiring. Salesforce did beat fiscal first-quarter estimates and raised its full-year outlook, […]
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Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more
Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. […]
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These stocks, including UnitedHealth, became the most oversold names this week
UnitedHealth was noticeably absent from the major averages’ surge this past week – and shares of the beleaguered insurer have become historically oversold. The health insurance giant was one of a small handful of names to sit out this week’s rally, in which stocks rebounded after U.S. and Chinese officials agreed to slash tariffs for […]
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CNBC Daily Open: The U.S.-China deal revives markets and the idea of a ‘Trump put’
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images Over the weekend, both the U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10%. That’s much more than expected, as Trump […]
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U.S.-China breakthrough send tech and chip stocks soaring
HANGZHOU, CHINA – JUNE 3, 2024 – The NVIDIA logo and the Apple logo are pictured in Hangzhou city, Zhejiang province, China, June 6, 2024. On June 5, Eastern time, Nvidia’s stock market value exceeded $3 trillion, officially surpassing Apple’s market value and becoming the world’s second largest technology giant by market value. It is […]
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Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical
Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images There’s a new member in the list of the top 10 U.S. technology companies by market cap. Data analytics software vendor Palantir jumped about […]
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Stocks making the biggest moves premarket: Shopify, AppLovin, Peloton, Tapestry and more
Check out the companies making headlines in premarket trading. Shopify — Shares of the commerce technology platform dove 8.7% even after first-quarter revenue came in at $2.36 billion, beating the FactSet consensus estimate of $2.33 billion. Shopify had risen 20% over the past month, and its full year guidance set operating expenses at 39%-40% of […]
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