Broadcom Shares Hit 4-week High
Broadcom shares increased to 368.25 USD, the highest since September 2026. Over the past 4 weeks, Broadcom Inc lost 0.21%, and in the last 12 months, it increased 9.62%.
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US stock futures slip ahead of inflation report
Dow E-minis were down 0.2%, S&P 500 E-minis 0.15% and Nasdaq 100 E-minis 0.32% at 07:20 a.m. ET. August PCE data and final second-quarter GDP figures are due at 8:30 a.m. ET.
Gary Black says Broadcom is cheaper than Magnificent Seven stocks
Future Fund’s Gary Black said Broadcom trades at a lower valuation than the Magnificent Seven after its post-earnings drop. He called AVGO the cheapest of the “Mag 8” on 2026 P/E versus long-term EPS growth at 0.9x.
Gary Black expects Broadcom shares to recover after earnings
Gary Black said Broadcom shares should recover as investors recognize AI revenue strength after third-quarter results and updated guidance. He cited $16.7 billion in quarterly AI revenue and $21.7 billion guided for the fourth quarter.
U.S. stocks gain as AI dealmaking offsets software selloff
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Broadcom faces high bar ahead of Wednesday earnings
Broadcom is set to report third-quarter results Wednesday after the close, with analysts expecting revenue of $29.36 billion and EPS of $3.24. Investors are watching AI semiconductor revenue, VMware integration and guidance.
What's Going On With Broadcom Stock Tuesday?
Broadcom Inc. (NASDAQ: AVGO ) stock edged lower Tuesday, bucking a modestly higher broader market. The Nasdaq gained 0.03%, while the S&P 500 rose 0.08%. Broadcom’s decline appears to reflect profit-taking after a strong 12-month run. The stock remains well above key long-term moving averages despite Tuesday’s pullback
SOXX ETF's Worst 2-Day Drop in Over a Year: These 3 Chip Stocks Now Screen with 50% Upside
The hottest trade of 2026 is showing cracks. Semiconductors, the year’s defining momentum bet, have reversed hard in two sessions with the sector benchmark — the iShares Semiconductor ETF (NASDAQ: SOXX ) — plunging 12.9%. • What is going on now with SOXX shares? The reading marks the sharpest two-day decline since Marc