Broadcom Inc
Tech stocks ruled 2024, but hopes for a big market rotation in the new year are uncertain
We are closing out 2024 with a bit more volatility than normal, but the overall trend remains up. To everyone who stops me on the street and asks me, “Why is the stock market up so much?,” I give a fairly simple answer: It’s because the overall profits and margins remain at near record levels. If […]
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Stocks making the biggest moves midday: Broadcom, Honda, GameStop, KULR Technology and more
Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4, the day bitcoin hit the $100,000 […]
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Stocks making the biggest moves midday: American Airlines, Broadcom, big banks and more
Check out the companies making headlines in midday trading: American Airlines — Shares slipped less than 1%, recovering from earlier losses, after the airline temporarily grounded all of its flights due to a technical issue. Broadcom — The semi stock added 2%, extending its December rally. Shares have surged more than 46% this month, propelling […]
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These stocks will be the biggest Nasdaq losers of 2025, according to analysts
It is no secret that tech has been responsible for most of the market’s gains this year. But that tech trade may not look the same in 2025 as favorites such as AppLovin and Netflix could actually take a hit. Investors piled money into the tech sector for the second straight year in 2024, particularly […]
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Stock futures are little changed after positive start to the holiday trading week: Live updates
Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images U.S. stock futures were relatively unchanged Monday night after all three major averages kicked off the holiday-shortened trading week in the green. S&P 500 futures traded just below the flatline, while Nasdaq 100 futures fell 0.1%. Futures […]
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Stocks making the biggest moves midday: Nordstrom, Honda, MicroStrategy, Broadcom and more
Check out the companies making headlines in midday trading: Nordstrom — The department store shares dipped more than 1% after announcing it will become a private company. Nordstrom agreed to a buyout deal valued at roughly $6.25 billion from its founding family and Mexican department store El Puerto de Liverpool. Common shareholders will receive $24.25 […]
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CNBC Daily Open: Inflation and dot plots
A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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’The next Nvidia’: Broadcom is the AI chip stock to own in 2025, investor says
Broadcom is more likely to deliver big gains for investors in 2025 than AI chip leader Nvidia , as major technology companies seek to reduce their dependence on a single supplier, according to fund manager Stephen Yiu. Yiu, portfolio manager of the Blue Whale Growth Fund, said that while Big Tech giants, such as Microsoft […]
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Tech stocks are among those that are still cheap and loved by Wall Street heading into 2025
Several technology stocks are among those that are still attractively valued in the face of mounting concerns of an AI-fueled tech bubble. Megacap technology stocks have had a monster run this year in a rally that’s stretched into yearend on hopes of profit growth tied to artificial intelligence and lower borrowing costs courtesy of Federal […]
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This chip play is up nearly 40% in December, and its dividend is growing
A chip stock that’s been on a tear lately is offering investors a healthy combination of price appreciation and income. Broadcom has been in the shadow of semiconductor giant and artificial intelligence darling Nvidia this year, but December has been kind to the smaller chip company. Broadcom shares are up around 38% this month alone, […]
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