/cloudfront-us-east-1.images.arcpublishing.com/morningstar/COBD5LTAVZFGZGRUMDHVLCJUG4.jpg?w=1200&resize=1200,628&ssl=1 "Broadcom Earnings: AI Growth and VMware Integration Align With Our Thesis Valuation")
Securities In This Article Key Morningstar Metrics for Broadcom What We Thought of Broadcom’s Earnings We maintain our $155 fair value estimate for shares of Broadcom AVGO, and our long-term growth thesis is intact. Artificial intelligence… Article Source https://www.morningstar.com/stocks/broadcom-earnings-ai-growth-vmware-integration-align-with-our-thesis-valuation
LONDON — Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company’s billionaire co-founder Roy Reznik told CNBC, adding that the firm will go public “when the stars align.” Wiz makes software that… Article Source https://www.cnbc.com/2024/10/18/after-rejecting-google-takeover-wiz-says-will-ipo-when-stars-align.html
A 20-year-old professional trader has unveiled a new trading strategy called “MoneyLine” that eliminates the need for traditional indicators. The strategy relies on a simple line on a chart that tells traders when to buy and sell, resulting in an impressive 83% success rate for options purchases. Nic Chahine, the creator of MoneyLine, has shared … Read more
Broadcom’s latest quarterly results and future outlook are predicted to align with market expectations, according to analysts at Oppenheimer. The company’s strong performance is attributed to its rapidly growing artificial intelligence (AI) business. They forecast that Broadcom’s upcoming earnings report will likely meet or exceed investor sentiment. The company’s success is driven by its expanding … Read more
AMD is gearing up to release its next-generation series of desktop motherboards and CPUs. The current flagship chipset for consumer motherboards is the X670, which is expected to be succeeded by the X760. However, recent leaks suggest that AMD may instead name the upcoming chipset X860, aligning it with Intel’s 800 series of motherboard chipsets … Read more
AMD is set to release a new line of AM5 motherboards for its upcoming desktop CPU series, codenamed Granite Ridge. The exact name of the Ryzen series has not been officially confirmed yet, but Gigabyte mentioned it in a press release. This change for the upcoming motherboard line is similar to what Intel has done … Read more