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Broadcom’s AI forecasts, which some considered soft, triggered a sell-off in AI-linked stocks.
Lululemon stock keeps going lower.
Broadcom shares fell Thursday despite a better-than-expected earnings report, leading other chip stocks lower.
Shares of Broadcom (NASDAQ:AVGO) are down 14% in Thursday morning trading, sinking to around $410 after closing Wednesday at $479.23. The reversal follows the company’s fiscal Q2 2026 earnings release after the close on June 3. The pain is spreading. Advanced Micro Devices (NASDAQ:AMD) is off 4% to around $521, and Intel (NASDAQ:INTC) is down ... Broadcom Sinks 14% on Soft AI Chip Outlook Despite Earnings Beat, Dragging Down AMD and Intel
Hewlett Packard Enterprise (HPE) shares are surging by over 30% in Tuesday trading after roaring past fiscal second quarter estimates on adjusted earnings and revenue. HPE is finally being hailed as a competitive name in the AI infrastructure arena, alongside the likes of Dell Technologies (DELL). EMJ Capital founder and president Eric Jackson speaks with Yahoo Finance Executive Editor Brian Sozzi about whether he believes the AI trade is reaching a mania-level amid these euphoric stock moves.
We've seen this pattern before with Credo Technology stock.
The chip designer heads into its report at an all-time high, with one number set to dominate the conversation.
Most investors think of it as a mutual fund, but its individual stock holdings are only a small piece of what makes Berkshire such a compelling long-term prospect.
Marvell (MRVL) stock closed the May 28 trading session up 3.09% at $204.03. The upbeat close followed the release of the first-quarter (Q1) fiscal year 2027 earnings report on May 27. The stock has rallied 141% year to date, as of Friday morning, May 29. Meanwhile, the SPDR S&P 500 index (SPY) ...
Abel and his team were active in the first quarter of the year in Berkshire Hathaway's massive equities portfolio.
Here are three great reasons to buy Microsoft now.
Intel has been on fire lately. In the past six months alone, the company’s stock price has rocketed 203%, reaching $123.10 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Target is bouncing back, but Kohl's remains in the penalty box.
A rival's strong results sent both hardware makers higher. Now their own reports will test whether the AI and PC momentum holds.
Marvell (MRVL) stock closed the May 22 trading session at $196.33. The stock has rallied 131% year to date, by Sunday morning, May 24. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9% in the same period. The company has outpaced the S&P 500, thanks to its participation in the broader ...
Strong sales and a booming digital advertising business weren't enough to keep the retail giant's stock from sliding.
When a company restates its earnings, it often indicates mistakes were made, which can be a troubling issue for a penny stock.
Short-term challenges could provide an excellent opportunity for long-term investors.
Nvidia stock has become even more inexpensive on a price-to-earnings basis and compared with Wall Street's targets.
Nvidia stock has become even more inexpensive on a price-to-earnings basis and compared with Wall Street's targets.
Nvidia (NVDA) beat first quarter estimates on Wednesday after reporting earnings of $1.87 per share and record quarterly revenue of $81.62 billion. While also topping second quarter guidance forecasts and announcing an $80 billion share buyback program, the AI chip stock continues to dip in Thursday's session. New Street Research technology infrastructure analyst Antoine Chkaiban — alongside Mercato Partners CEO Joe Kaiser — explains how decisive 2028 could be for Nvidia while reacting to CFO Colette Kress's comments on CPU sales forecasts.
A compelling case for long-term investors seeking a retailer that's consistent in execution.
(Bloomberg) -- For much of the year, chip stocks have been powering the market higher. Now, Nvidia Corp.’s earnings have a chance to confirm that the rally has more room to run — or add another brick to investors’ wall of worry.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBilliona
The AI chipmaker's outlook for the quarter ahead, its Vera Rubin transition, and any fresh China commentary could matter more than the headline numbers.