:max_bytes(150000):strip_icc()/GettyImages-1321540139-645464bd5f4a4a10a8408e0ba81ce4e1.jpg?resize=1500,986&ssl=1 "S&P 500 Gains and Losses Today: Broadcom Stock Surges as Chipmaker Touts AI Revenue Growth")
Key Takeaways
- The S&P 500 added 0.6% on Friday, March 7, after the February jobs report showed a slight recovery in hiring from the previous month.
- Broadcom shares soared after the chipmaker topped quarterly estimates, highlighting strong AI-driven growth.
- Shares of Hewlett Packard Enterprise dropped after the IT services provider issued soft profit guidance and announced cost-cutting measures.
Major U.S. equities indexes staged an afternoon rally to end with daily gains, wrapping up a…
Article Source
https://www.investopedia.com/s-and-p-500-gains-and-losses-today-broadcom-stock-surges-as-chipmaker-touts-ai-revenue-growth-11692977
