Broadcom’s stock saw a significant rise of 16.1% on Thursday, ultimately settling at a 13.2% increase. This surge was largely fueled by the company’s strong performance in Artificial Intelligence (AI) and the announcement of a stock split. In the second quarter, Broadcom saw a 43% year-over-year increase in revenue to $12.5 billion, resulting in adjusted … Read more
Nvidia Corp (NVDA) stocks are trading lower on Thursday following Micron Technology Inc (MU) third quarter financial results and guidance. Shareholders approved CEO Jensen Huang’s compensation package of $34 million for fiscal 2024, a 60% increase from the previous year. Huang credited the company’s success in AI chips to a strategic investment made over a … Read more
Broadcom Inc, a prominent technology company, announced the accreditation of its Symantec Cloud Secure Web Gateway solution under the Federal Risk and Authorization Management Program (FedRAMP). This new FedRAMP Authorized Service, offered through Symantec Gov Cloud – Web Protection, provides a flexible deployment option for U.S. federal agencies looking to enhance their security measures. The … Read more
US stock futures are trading mixed on Thursday morning, with investors keeping an eye on several key companies: Darden Restaurants, Inc. (DRI) is expected to report quarterly earnings of $2.62 per share on revenue of $2.98 billion before the opening bell. Darden shares rose 0.7% to $153.00 in after-hours trading. KB Home (KBH) posted better-than-expected … Read more
The San Francisco Giants will be hosting an event at Oracle Park on Thursday to honor legendary player Willie Mays. Fans will have the opportunity to attend and pay tribute to the Hall of Famer, who is considered one of the greatest baseball players of all time. Mays, who spent the majority of his career … Read more
On Thursday, the San Francisco Giants will host a special event at Oracle Park to honor baseball legend Willie Mays and celebrate his legacy. The event will include a televised game at Rickwood Field featuring images of Mays, who passed away at the age of 93 on Tuesday. In addition, there will be a “24” … Read more
reported on Wednesday that several stocks are worth keeping an eye on Thursday, including Lululemon, Nvidia, TSM, and Five Below. Canadian athletic apparel retailer Lululemon is expected to release its quarterly earnings report on Thursday. Analysts are predicting strong results due to the growing popularity of athleisure wear and the company’s successful online sales. Lululemon’s … Read more
Nic Chahine has an impressive track record of averaging 27% profits every 20 days with his options buys, boasting an 83% win rate in the process. Nutanix, Inc. (NASDAQ:NTNX) recently reported third-quarter FY24 results, showcasing a 17% year-over-year revenue increase to $524.6 million. The company also saw Annual Contract Value (ACV) billings rise by 20% … Read more
Broadcom Inc. saw a slight increase in its shares by 0.08% to $1,393.29 on Thursday amidst a lackluster trading session for the overall stock market. This modest rise comes in the midst of ongoing market volatility and uncertainty. Investors are closely monitoring the company’s performance and the broader market conditions as they navigate the current … Read more
Semiconductor stocks experienced a mixed day of trading on Thursday, with Nvidia standing out after reporting impressive quarterly results and providing strong guidance that received positive feedback from Wall Street. Nvidia’s stock soared by 10% after surpassing the $1,000 mark and announcing its second-quarter revenue expectations of $28 billion, exceeding analyst forecasts. The company’s CEO, … Read more