The Latest Breaking News from Broadcom Inc

Broadcom in talks to acquire cloud company VMware

Broadcom Inc. is in talks to acquire VMware Inc., the cloud-computing company backed by billionaire Michael Dell, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software.

Tribune News Service · May 23, 2022

Broadcom In Talks To Buy Cloud Computing Firm VMWare: Report

Broadcom Inc (NASDAQ: AVGO) is reportedly in discussions to take over cloud computing company VMWare Inc (NYSE: VMW).

Benzinga · May 23, 2022

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…

StockNews.com · May 9, 2022

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 · Apr 1, 2022

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 · Mar 16, 2022

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 · Mar 4, 2022

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 · Mar 2, 2022

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 · Feb 24, 2022

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 · Feb 22, 2022

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 · Feb 22, 2022