Broadcom Inc
Dow futures are little changed after index posts longest losing streak since April: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Dow futures were little changed in overnight trading Thursday following a losing session on Wall Street. Futures tied to the Dow Jones Industrial Average hovered near the flatline. S&P 500 futures advanced nearly 0.2%, while Nasdaq-100 futures rose 0.5%. Broadcom gained 14% after […]
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Broadcom beats on profit, says AI revenue more than tripled this year
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported better-than-expected fourth-quarter earnings on Thursday and said artificial intelligence revenue for the year more than tripled. The chipmaker’s stock ticked higher in extended trading. Here’s how Broadcom did versus LSEG consensus estimates for the quarter ending Nov. 3: Earnings per share: $1.42, adjusted vs. $1.38 […]
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Stock futures are flat after Nasdaq notches record close above 20,000: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. Timothy A. Clary | Afp | Getty Images U.S. stock futures were little changed Wednesday night after the tech-heavy Nasdaq Composite finished above the 20,000 level for the first time. […]
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Stocks making the biggest moves midday: Broadcom, GE Vernova, Stitch Fix, GameStop and more
Check out the companies making headlines in midday trading: Broadcom — Shares added 5% following a report from The Information that the semiconductor manufacturer was assisting Apple in creating an artificial intelligence chip. Shares of Apple traded less than 1% higher. C3.ai — The enterprise artificial intelligence software company shed 7.2% following a downgrade to […]
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AI’s growth is just getting started, BlackRock’s thematic ETF head says
ETF Edge AI’s growth is just getting started, BlackRock’s thematic ETF head says Published Sat, Dec 7 202411:00 AM EST Krysta Escobar WATCH LIVE Source
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Next week’s inflation data could derail a market that’s priced for perfection
Next week’s inflation data could derail a market that appears to be priced for perfection, ahead of the Federal Reserve’s meeting later this month. The November consumer price index set to release Wednesday is expected to show an increase of 0.2% and 2.6% month on month and year over year, respectively, according to FactSet. If […]
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This is the biggest AI winner two years after ChatGPT’s debut — and it’s not Nvidia
In the two years since the launch of ChatGPT, stocks have soared to new highs, megacaps have ballooned in size and AI chipmaker Nvidia has become the second-largest stock in the U.S. by market value. But the biggest winner has in fact been a little-known Ohio-based cooling technology stock named Vertiv Holdings. Vertiv has benefited […]
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Philippe Laffont’s Coatue makes big bets on China and GLP-1 drugmakers in latest quarter
Philippe Laffont’s Coatue Management took several new stakes in major Chinese e-commerce companies and a couple of anti-obesity focused drugmakers in the third quarter, according to the latest 13F filing with the U.S. Securities and Exchange Commission. Laffont, one of the “Tiger Cub” fund managers who worked under the late Julian Robertson at Tiger Management, […]
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Here’s a rapid-fire update on what Trump will mean for all 33 portfolio stocks
Here’s a rapid-fire update on all the stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. During the November Monthly Meeting on Thursday, Jim looked at how Donald Trump’s return to the White House could impact each company — good, bad or not much at all. Apple : If […]
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What’s behind Salesforce’s record highs — plus, a possible stock to buy after this week’s earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 edged higher Monday, extending Friday’s postelection all-time highs. The tech-heavy Nasdaq was basically flat. Club chip names Advanced Micro Devices , Broadcom , and […]
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