Investing.com – Broadcom reported Thursday fiscal first-quarter results that topped Wall Street estimates as its growth in its software business was bolstered the acquisition of VMware (NYSE: VMW). Broadcom Inc (NASDAQ: AVGO) fell more than 3% in after-hours trade following the report. Broadcom reported adjusted earnings of $10.99 per diluted share on revenue of $11.96B. … Read more
© Reuters Investing.com – Broadcom reported Thursday fiscal first-quarter results that topped Wall Street estimates on AI-led chip demand and growth in its software business was bolstered the acquisition of VMware (NYSE:). Broadcom Inc (NASDAQ:) fell more than 2% in after-hours trade following the report. Broadcom adjusted earnings of $10.99 per diluted share on revenue of $11.96B. … Read more
Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link