Broadcom Surges on AI Outlook as 'Magnificent 7' Stocks Hit New Highs: Yahoo Finance

Yahoo Finance8minutes ago

Annual review | The top ten explosive stocks in the US stock market for 2024 have been released! Applovin emerges as the dark horse of the year in AI, MSTR astonishes the market with a fivefold increase for the year, and Tesla makes a comeback in the last

As of the market close on December 11, the S&P 500 Index has risen by 27% year-to-date, surpassing 6,000 points; the Nasdaq Composite Index has accumulated a rise of over 33%, reaching a milestone of 0.02 million points, exceeding market expectations.

Futu NewsDec 12 21:40

Broadcom's Strategic Expansion: AI Market Growth and New Hyperscale Opportunities Drive Buy Rating

TipRanks14minutes ago · Ratings

Is Broadcom about to lose a big order? It is reported that Apple will switch to self-developed Wi-Fi chips for iPhone and home products starting next year.

Media reports that Apple plans to use its self-developed chip combining Wi-Fi and Bluetooth for the new iPhone, Apple TV, and HomePod mini next year, and for iPads and Macs in 2026. One-fifth of Broadcom's fiscal year revenue comes from Apple, making it the largest supplier of Apple's Wi-Fi/Bluetooth chips. After the news broke, Broadcom's stock price hit a daily low, falling nearly 4%.

wallstreetcn07:41

Social Buzz: Wallstreetbets Stocks Advance Premarket Friday; Broadcom, Palantir Technologies to Open Higher

MT Newswires22minutes ago

Broadcom Sees 4X Surge In AI Chip Sales, Fueling 44% Revenue Growth To Record $51.6 Billion In 2024: CEO Expects Momentum To Remain 'Strong'

Benzinga23minutes ago