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The Latest Breaking News from Broadcom Inc

5 Tech Stocks That Actually Saw Gains Last Week

The Fed’s monetary policy tightening and deepening supply chain disruptions weighed heavily on the market sentiment and caused a massive sell-off in the tech industry over the past few weeks. Although many big tech stocks plummeted, high-quality tech stocks Microchip Technology (MCHP), NXP Semiconductors (NXPI), International Business Machines (IBM), Broadcom…

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3 Mega-Cap Stocks You'll Regret Not Buying on the Dip

The Fed's plan to raise interest rates aggressively has aggravated bearish investor sentiment ahead of the Federal Reserve Board meeting this week. And rising recessionary fears are expected to sustain the bearish mood in the near term. However, quality mega-cap stocks Abbott (ABT), Broadcom (AVGO), and Pfizer (PFE) are expected…

StockNews.com

What's Going On With Broadcom Shares Today?

Shares of semiconductor companies, including Broadcom Inc (NASDAQ: AVGO), are trading higher in sympathy with ON Semiconductor Corp (NASDAQ: ON), which reported better-than-expected quarterly earnings and issued

Benzinga

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How Netgear's Revenue Revision Will Affect Broadcom, Qualcomm And Others

Today, Netgear Inc (NASDAQ:NTGR) slashed its 1Q revenue outlook by 11% to $207 million at the midpoint from $232 million prior. The revision reflected, "The U.S. consumer WiFi market, which had exited 2021 at ~15% above 2019 levels, declined in the first quarter of 2022, ending roughly flat to 2019 levels. The decline in…

Benzinga

Peering Into Broadcom Inc's Recent Short Interest

Broadcom Inc's (NASDAQ:AVGO) short percent of float has fallen 8.89% since its last report. The company recently reported that it has 4.90 million shares sold short, which is 1.23% of all regular shares that are available for trading.

Benzinga

Peering Into Broadcom Inc's Recent Short Interest

Broadcom Inc's (NASDAQ:AVGO) short percent of float has risen 15.38% since its last report. The company recently reported that it has 5.39 million shares sold short, which is 1.35% of all regular shares that are available for trading.

Benzinga

How Is The Market Feeling About Broadcom Inc?

Broadcom Inc's (NASDAQ:AVGO) short percent of float has risen 5.41% since its last report. The company recently reported that it has 4.68 million shares sold short, which is 1.17% of all regular shares that are available for trading.

Benzinga

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Read How Analysts Reacted To Broadcom's Q1 Results

Analysts boosted their price targets on Broadcom Inc (NASDAQ:AVGO) post Q1 FY22 results. Baird analyst Tristan Gerra raised the price target on Broadcom from $690 to $700 (21% upside) and kept an Outperform. The analyst said strong demand continues and will likely accelerate year-over-year this quarter, driven by enterprise IT, hyper-scale and cloud, switches upgrades…

Benzinga

Piper Sandler Remains Optimistic About Broadcom, Thanks To Apple

Piper Sandler analyst Harsh Kumar believes Broadcom Inc (NASDAQ: AVGO) is in a "great position to beat and raise" when it reports earnings later this week.

Benzinga

Peering Into Broadcom Inc's Recent Short Interest

Broadcom Inc's (NASDAQ:AVGO) short percent of float has fallen 16.18% since its last report. The company recently reported that it has 4.61 million shares sold short, which is 1.14% of all regular shares that are available for trading.

Benzinga

Peering Into Broadcom Inc's Recent Short Interest

Benzinga

Credo Shares Pop As Multiple Analysts Initiate Coverage And See Sharp Upside

Multiple analysts initiated coverage on Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a positive stance. Goldman Sachs analyst Toshiya Hari initiated coverage on Credo with a Buy rating and price target of $23 (51.3% upside). Stifel analyst Tore Svanberg initiated coverage on Credo with a Buy rating and price target of $20 (31.6% upside). BofA analyst Vivek…

Benzinga

How Is The Market Feeling About Broadcom Inc?

Benzinga

Apple-Broadcom Win $1.1B CalTech Patent Trial

Apple Inc (NASDAQ:AAPL) and Broadcom Inc (NASDAQ:AVGO) persuaded a U.S. appeals court to throw out a jury verdict requiring them to pay $1.1 billion, Reuters reports. A Los Angeles federal jury found in 2020 that millions of iPhones, iPads, Apple Watches, and other devices using Broadcom chips infringed Caltech's data-transmission patents. A two-tier damage…

Benzinga

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news in one place.

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Benzinga

Peering Into Broadcom Inc's Recent Short Interest

Broadcom Inc's (NASDAQ:AVGO) short percent of float has fallen 3.55% since last its last report. The company recently reported that it has 5.50 million shares sold short, which is 1.36% of all regular shares that are available for trading.

Benzinga

Piper Sandler Sees Sharp Upside In This Chipmaker

Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on Broadcom Inc (NASDAQ:AVGO) with a $750 price target after hosting management for an investor meeting. The price target implies an upside of 40.4%. The analyst is "feeling increasingly confident" about trends in 2022, given the recent acceleration in hyper-scale and cloud orders, the visibility provided…

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