Meta stock jumps over 10% on early Muse AI demand
Meta shares rose more than 11% Monday after the company’s personal AI agent Muse rollout, with early signs of success reported by the WSJ.
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Broadcom AI revenue jumps 221%, guides fiscal Q4 sales to $34.8 billion
Broadcom reported fiscal third-quarter revenue of $29.6 billion and EPS of $3.32, while AI revenue rose 221% year on year to $16.7 billion. The company guided fiscal fourth-quarter revenue to $34.8 billion.