Sell NVIDIA (NVDA.US), buy Broadcom (AVGO.US)! What is the market saying on Friday?
Analysts point out that Wall Street is paying attention to the demand for ASICs (Application-Specific Integrated Circuits) from large Technology companies, which may be one of the reasons for the decline in NVIDIA Stocks. In the coming years, customized chips will gradually take market share from expensive GPUs in the applications of generative AI.
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Bernstein Maintains Broadcom(AVGO.US) With Buy Rating, Raises Target Price to $250
Wells Fargo Maintains Broadcom(AVGO.US) With Hold Rating, Raises Target Price to $230
Daily short sale tracking: Broadcom's short volume increased by 11 million, with a short sale ratio of 12%
Broadcom(AVGO.US) ranked top of the list had the largest change in short volume (11.29 million shares), and the short volume ratio of Sumitomo Mitsui Financial(SMFG.US) reached 47.59%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Wells Fargo Sticks to Its Hold Rating for Broadcom (AVGO)
Four Out of Six Companies Deliver EPS Wins This Week - Earnings Scorecard
Subdued Growth No Barrier To Broadcom Inc. (NASDAQ:AVGO) With Shares Advancing 30%
Broadcom Price Target Raised to $250 From $200 at Piper Sandler
Sell NVIDIA, buy Broadcom! What is the market saying on Friday?
Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.
Another powerhouse joins the "trillion dollar club"! Broadcom surged over 24% after earnings, with AI revenue soaring 2.2 times.
Wall Street gasps, "The next NVIDIA?"
Top 20 by transaction amount | Tesla's stock price has reached a historic high, with a cumulative increase of nearly 80% since the election; Broadcom surged 24% after earnings, with a Market Cap surpassing 1 trillion USD.
On Friday, the first in U.S. stock trading volume was Tesla, which rose 4.34%, reaching a historical high price, with a trading volume of 38.132 billion USD; the second was NVIDIA, which fell 2.25%, with a trading volume of 31.251 billion USD; the third was Broadcom, which rose 24.43%, with a trading volume of 26.607 billion USD, and its Market Cap surpassed 1 trillion USD.
Broadcom To Go Ex-Dividend On December 23rd, 2024 With 0.59 USD Dividend Per Share
December 13th (Eastern Time) - $Broadcom(AVGO.US)$ is trading ex-dividend on December 23rd, 2024.Shareholders of record on December 23rd, 2024 will receive 0.59 USD dividend per share on December 31
U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.
The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.
Broadcom Gains on AI Forecast, Amazon in 2025: Market Domination
Broadcom (AVGO.US) has seen its Market Cap exceed the trillion-dollar mark for the first time, with its AI Business being the highlight.
Broadcom's stock price closed up more than 24% on Friday, with a market cap exceeding one trillion dollars for the first time, setting a record for the company's best single-day performance.
Stock Market Today: Tech Leads Stocks Higher After Broadcom Earnings Boom
Heard on the Street Recap: Broadly Speaking -- WSJ