Stockreport
Broadcom (AVGO) Up 42.1% in 2024: Is it Worth Watching? [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Last broadcom inc. earnings: 3/12 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Its stock has gone up this year mainly on AI-optimism. Over the last decade, Broadcom has expanded appreciably. In 2016, Singapore-based Avago Tech acquired Broadcom for $37 billion and took on the Broadcom brand name. Since 2018, the company has expanded by acquiring CA Technologies for $19 billion, Symantec's enterprise security business for $11 billion, and, more recently, VMware for $69 billion. Earlier this month, Broadcom reported second-quarter fiscal 2024 earnings of $10.96 per share, which beat the Zacks Consensus Estimate of $10.79 and increased 6.2% year over year. Net revenues jumped 43% year over year to $12.48 billion, surpassing the Zacks Consensus Estimate of $12.04 billion. AI turned out to be the biggest driver of revenues with AI-related revenues surging 280% year over year to $3.1 billion. Broadcom management currently considers this revenue one-fifth of its total business. Broadcom's stock has risen 42.1% compared with the Zacks Electronics - Semiconductors
[Read more]
IMPACT SNAPSHOT | EVENT TIME: | AVGO | ||||
---|---|---|---|---|---|---|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
LAST PRICE | ||
VWAP | ||
High:
|
MAX UP |
High:
|
Low:
|
MAX DOWN |
Low:
|
%
|
POST NEWS RANGE |
%
|
|
PRICE CHANGE |
|
|
PRICE CHANGE PERCENTAGE |
|
|
S&P 500 (SPX) |
|
%
|
VOLUME RATIO |
%
|
VOLUME (SHARES) | ||
TICKS | ||
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
AVGO alerts
AVGO alerts
from News Quantified
Movers & Shakers
The biggest gainers and losers and WHY it moved
AVGO alerts
High impacting Broadcom Inc. news events
Weekly update
A roundup of the hottest topics
AVGO
NEWS
NEWS
- Is Broadcom Inc (NASDAQ:AVGO) an Overbought AI Stock in 2024? [Yahoo! Finance][Yahoo! Finance]
- Infinidat Revolutionizes Enterprise Cyber Storage Protection to Reduce Ransomware and Malware Threat Windows [Yahoo! Finance][Yahoo! Finance]
- Here's Why You Should Add Broadcom (AVGO) to Your Portfolio [Yahoo! Finance][Yahoo! Finance]
- Green IT Services Market to Generate Revenue of USD 37.13 Billion By 2032 | Astute Analytica [Yahoo! Finance][Yahoo! Finance]
- Better Artificial Intelligence (AI) Stock Split Buy: Nvidia vs Broadcom [Yahoo! Finance][Yahoo! Finance]
- More
AVGO
SEC Filings
SEC Filings
- 6/27/24 - Form 144
- 6/27/24 - Form 4
- 6/25/24 - Form 4
- AVGO's page on the SEC website
- More