The Latest Breaking News from Broadcom

Up 17% in 2024, How High Can Broadcom Stock Rise This Year?

Broadcom's impressive price action in 2024, fueled by its strategic moves in AI infrastructure and the VMware acquisition, has analysts rushing to hike their price targets. Is AVGO headed for the trillion-dollar club? Here's a closer look.

Barchart · Mar 27, 2024

Stocks Mixed In Europe And Asia After Wall Street Records

Global stock markets show mixed trends with Wall Street hitting new highs, Reddit soars in debut, Treasury yields stable, oil prices steady.

Top News · Mar 22, 2024

Ultra Ethernet Consortium Grows to 55 Members, Reveals Some Details on Upcoming HPC Backbone Tech

The Ultra Ethernet Consortium (UEC) has announced this week that the next-generation interconnection consortium has grown to 55 members. And as the group works towards developing the initial version of their ultra-fast Ethernet standard, they have released some of the first technical details on the upcoming standard. Formed in the…

AnandTech · Mar 21, 2024

VMware by Broadcom is overhauling its training for an all-new experience

Broadcom wants to make VMware training cheaper – or free – as the company projects healthy quarterly growth.

TechRadar · Mar 11, 2024

Broadcom Generates Impressive Free Cash Flow Margins, Implying AVGO Stock Could Be Worth 18% More

Broadcom Inc. reported impressive 39% free cash flow margins for its fiscal Q1 ending Feb. 4. As a result, AVGO stock could be worth up to 18% more. Shorting OTM puts is a good way to play this.

Barchart · Mar 10, 2024

Stock Market Today: Stocks Go Into Reverse as Nvidia Slumps

The main indexes were initially higher after the release of the February jobs report, but ended well off their session highs.

Kiplinger · Mar 8, 2024

Broadcom Q1 Revenue Exceeds Expectations With AI Networking Demand

Broadcom's impressive Q1 results driven by AI-powered networking chips, poised for continued growth in the semiconductor market.

Top News · Mar 7, 2024

Option Volatility and Earnings Report for March 4 - 8

Earnings season is coming to a close with not as many big names reporting this week. That being said, we do have a couple of important companies reporting – Crowdstrike (CRWD), Target (TGT), Broadcom (AVGO) and Costco (COST).

Barchart · Mar 4, 2024

VMware customers are jumping ship as Broadcom sales continue - here's where they're moving to

Open-source hypervisor infrastructure is gaining in popularity following Broadcom acquisition of VMware.

TechRadar · Mar 4, 2024

PMI, Powell and Other Key Things to Watch This Week

This week we still have earnings, PMI and we also have Powell testifying, some inflation data, and Non-Farm payrolls out Friday.

Barchart · Mar 3, 2024