Broadcom Inc
Here are 4 major moments that drove the stock market last week
The S & P 500 ran into a brick wall Friday and finished the week lower, just one day after closing at a record high. The rotation out of tech stocks, which supported the Dow , was on full display. The across-the-board rally on Wednesday after the Federal Reserve cut interest rates for the third […]
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Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide
Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather […]
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Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom’s quarterly results and guidance sailed past Wall Street estimates. It didn’t matter. The chipmaker’s shares plummeted 11% on Friday, on pace for their worst day since January, as investors ran for the exits on the artificial intelligence trade. Oracle dropped 4% a day after plunging 10% […]
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Jim Cramer says buy the sharp decline in Broadcom. Here’s why
CNBC’s Jim Cramer told investors on Friday to buy the sharp, post-earnings sell-off in Broadcom shares. “This company is on fire,” Cramer said on ” Squawk on the Street ,” pointing to the custom chipmaker’s long list of notable clients, including Alphabet , Meta Platforms , ByteDance-owned TikTok, and Anthropic. The stock sank nearly 11% […]
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Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk
FILE PHOTO: A Broadcom logo and a computer motherboard appear in this illustration taken August 25, 2025. Dado Ruvic | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Chip types The S&P 500 and […]
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Stocks making the biggest moves premarket: Tilray Brands, Lululemon, Broadcom, Citigroup & more
Check out the companies making headlines before the bell. Tilray Brands — The cannabis stock surged 28% after The Washington Post reported that the Trump administration was looking to cut federal restrictions on marijuana. The Amplify Alternative Harvest ETF (MJ) also traded 20% higher. Lululemon — The athleisure brand jumped 9.4% after CEO Calvin McDonald […]
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CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech
Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, following the […]
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Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images On Dec. 11, 2015, OpenAI launched as a nonprofit research lab after Elon Musk and a group of prominent […]
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Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call
Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club stock gave up its initial pop and traded sharply lower as the Q & A session of the post-earnings conference call kicked off. Investors were apparently not satisfied with CEO Hock Tan’s answer to an important question. […]
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CNBC Daily Open: U.S. stocks hit records despite AI-led tech slide
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 11, 2025. Jeenah Moon | Reuters The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, following […]
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