New York, January 25, 2026, 16:25 EST — Market closed
- On Friday, Broadcom shares ended down 1.7%, closing at $320.05.
- Fidelity announced it has settled a lawsuit concerning access to VMware software, which is owned by Broadcom.
- Investors are turning to Wednesday for the Fed’s decision and a busy lineup of megacap tech earnings.
Broadcom (AVGO.O) ended Friday at $320.05, slipping 1.7%. This marks the fourth straight session of losses, leaving the stock roughly 23% off its 52-week peak. (Broadcom)
U.S. markets are closed on Sunday, but traders are gearing up for a busy week. The Federal Reserve is widely expected to keep rates on hold Wednesday. Around 20% of the S&P 500 will report earnings, with heavyweights like Apple, Microsoft, Meta Platforms, and Tesla among them. “It’s been a little bit of a short but steep roller-coaster ride,” said Yung-Yu Ma, chief investment strategist at PNC Financial Services Group. “Earnings are the driver,”…