Broadcom shares slump as revenue target fails to impress investors counting on AI boost Reuters Article Source https://www.reuters.com/technology/broadcom-shares-slump-revenue-target-disappoints-investors-hoping-big-ai-boost-2024-09-06/
In This Story The Dow and other major indexes experienced losses Tuesday afternoon as chipmakers struggled amid news of potential export caps. AI investing will take trillions from other funds, CEO says In the afternoon, the Dow Jones Industrial… Article Source https://qz.com/dow-nasdaq-slump-asml-nvidia-1851673026
Tech bubble fears spark… Article Source https://www.telegraph.co.uk/business/2024/10/15/ftse-100-markets-latest-news-employment-wages-inflation/
Nvidia Stock (NVDA) saw a more than 2% increase in pre-market trading on Wednesday, rebounding after a recent three-day decline that caused a $430 billion drop in market capitalization. The stock rose by over 6% on Tuesday to close at $126.09, recovering from a nearly 13% dip in the previous three sessions. This volatility comes … Read more
Broadcom, a prominent technology company, is currently facing a significant decline in its market value. This downward trend has been ongoing for the past five trading sessions, leading to concerns about the company’s future performance. One of the key factors contributing to this decline is the loss of a major client, Boeing, which has had … Read more
European stocks faced a decline as the technology sector was negatively impacted by the drop in Nvidia’s stock. The chipmaker’s shares fell, causing concerns among investors and leading to a broader sell-off in the market. This drop in Nvidia’s stock price had a ripple effect on other technology companies, contributing to the overall decline in … Read more
Nvidia’s recent decline has had a negative impact on market sentiment in the tech industry. Investors are feeling wary as the tech giant’s stock prices continue to drop. This is causing concern among industry professionals and analysts alike. The fall of Nvidia has sent ripples throughout the market, affecting various sectors and companies. It remains … Read more
Stock prices are declining due to a decrease in revenue caused by an inventory correction. This adjustment in inventory levels is leading to a decrease in sales, resulting in lower profits for companies and ultimately causing stock prices to cool off. This trend is impacting the overall stock market as investors react to the decline … Read more
Stocks are experiencing a slowdown due to declining revenue caused by an inventory correction. This has led to a decrease in stock values as companies adjust their inventory levels. The overall market has been impacted by this trend, with investors becoming more cautious about the future performance of these stocks. This adjustment is seen as … Read more
Cisco Systems (NASDAQ:CSCO) recently released its quarterly report, exceeding analyst expectations but still facing a drop in revenue and profits. Despite 54% of its revenue coming from subscription services, Cisco struggled due to customers being overloaded with products yet to be installed, leading to decreased orders in previous quarters. However, there is hope as product … Read more