NASDAQ:AVGO - Nasdaq - US11135F1012 - Common Stock
At 5:20 a.m. ET, Dow E-minis were up 12 points, or 0.03%, S&P 500 E-minis were down 10.25 points, or 0.17% and Nasdaq 100 E-minis were down 103.5 points, or 0.47%. The S&P 500 and the blue-chip Dow logged their sixth session of advances out of seven on Wednesday, with the benchmark index notching an intraday record high for the first time in over a month. Trump's multi-billion show of support for artificial intelligence infrastructure, along with Netflix's strong results, provided the latest tailwind for markets, which had been recovering since last week after data showed underlying inflation was cooling despite robust economic activity.
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Shares of Intel were up more than 2% Tuesday afternoon, extending Friday gains that were powered in part by deal-related rumors.
Morgan Stanley analyst Joseph Moore upgraded Qorvo, Inc. (NASDAQ:QRVO) to Overweight from Equal-Weight, raising the price forecast to $106 from $90. Moore notes that he has seen value in Qorvo stock and attempted to capture it through upgrades, but the results have been only modest. The analyst also highlighted challenges in the radio frequency space, particularly with pressure on the Chinese business, which increases concentration in other areas. Per Moore, while the radio frequency market serv
Nvidia stock has been trending sideways as investors debate uncertainties ranging from AI chip demand to Trump administration moves.
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Broadcom is one of three AI plays on this weekend's watchlist.
Many stocks flashed buy signals as the major indexes rose to or above key levels.
Just weeks after the chatter around Broadcom's possible buyout of Intel fizzled out, we have renewed speculation as to this possibility.
(Reuters) - Starboard Value has built a 7.7% stake in Qorvo (QRVO), the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price.
BROADCOM INC (NASDAQ:AVGO) qualifies as a high growth stock and is consolidating.
Examining the Quality Attributes of NASDAQ:AVGO.
Most active S&P500 stocks in Thursday's session