Stock market today: Dow, S&P 500 cap weekly losses, Broadcom surges 24% to top $1 trillion market cap [Yahoo! Finance Canada]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Yahoo! Finance Canada
The S&P 500 ( ^GSPC ) closed flat while the tech-heavy Nasdaq Composite ( ^IXIC ) gained 0.1%. The Dow Jones Industrial Average ( ^DJI ) slipped 0.1% The S&P 500 and Dow posted weekly losses, with the blue-chip index notching a seventh straight losing session — its longest losing streak since February 2020. Meanwhile, Broadcom's market cap topped $1 trillion after executives predicted an AI sales gain of around 65%, a much brisker pace than expected. Broadcom stock was up over 20%. Some of Broadcom's peers were mixed with Marvell Technology ( MRVL ) and Taiwan Semiconductor ( TSM ) both surging, while Nvidia ( NVDA ) and AMD ( AMD ) slid. S&P 500 (^GSPC) The Nasdaq ended with weekly gains, as the index notched a record close on Wednesday while finishing above the milestone level of 20,000 for the first time. While tech has led the way this week, the Dow has struggled, partly on the back of a continued plunge in UnitedHealth ( UNH ) shares as the insurance industry continu
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AVGO
News
- Broadcom Inc. (NASDAQ: AVGO) had its price target raised by analysts at Morgan Stanley from $233.00 to $265.00. They now have an "overweight" rating on the stock.MarketBeat
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AVGO
Earnings
- 12/12/24 - Beat
AVGO
Sec Filings
- 12/20/24 - Form 10-K
- 12/20/24 - Form 144
- 12/19/24 - Form 4
- AVGO's page on the SEC website