The S&P 500 has surged nearly 20% in nine weeks, but its nine-day winning streak may face a test as Broadcom and Crowdstrike report earnings after the bell. Broadcom, a chipmaker and software provider with a market cap over $2 trillion, has outperformed peers with an 88% gain over the past year. Options traders expect an 8% price move post-earnings. Crowdstrike, a cybersecurity firm with a market cap near $200 billion, also faces an anticipated 8% move, despite recent underperformance relative to implied volatility. These earnings results could influence the next direction of the S&P 500.
US stock futures showed mixed movements following a record close, with the Dow Jones and S&P 500 slightly down and Nasdaq 100 nearly flat. Heightened Middle East tensions escalated after the US military struck an Iranian control station in retaliatio...
Broadcom is experiencing strong growth fueled by high demand for its AI chips and robust software expansion, especially from its VMware division. Analysts have raised their price targets, reflecting growing confidence in the company's prospects. Howe...
NVIDIA and Broadcom are both key players in AI chips, benefiting from increased spending on AI infrastructure. NVIDIA shows much faster revenue growth, with Q1 FY2027 revenue up 85% year over year, driven by its Data Center segment. Broadcom also gro...
Broadcom's stock gained on Tuesday following Alphabet's announcement of an $80 billion equity offering to fund its AI hardware purchases. While Alphabet's move may dilute its shareholders, it signals strong demand for AI chips, benefiting Broadcom, a...
Shares of Broadcom rose 6% and Marvell surged 17% after Alphabet announced an $80 billion equity raise to fund AI infrastructure, boosting demand for Broadcom's custom TPU chips. NVIDIA CEO Jensen Huang's comment suggesting Marvell could reach a $1 t...
