Broadcom Ltd is a global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions. The company specializes in producing chips that facilitate communication and data processing across various devices and networks, including those used in smartphones, enterprise storage systems, broadband access, and data centers. Additionally, Broadcom offers software solutions that enable businesses to optimize their operations, manage network security, and enhance performance across cloud-based and on-premises environments. Through its comprehensive portfolio, Broadcom plays a critical role in advancing connectivity and computing technologies in various industries. Read More
Broadcom’s second quarter results were well received by the market, as management highlighted strong demand for AI-related semiconductors and ongoing momentum in its infrastructure software segment. CEO Hock Tan attributed the 22% year-over-year revenue growth primarily to accelerated adoption of custom AI accelerators and robust bookings in both AI semiconductors and VMware. Tan noted, “Demand for custom AI accelerators from our three customers continued to grow as each of them journeys at their own pace towards compute self-sufficiency.” The company also saw improvement in operating margins, supported by product mix and disciplined cost controls.
The past six months have been a windfall for Broadcom’s shareholders. The company’s stock price has jumped 95%, setting a new 52-week high of $370.60 per share. This performance may have investors wondering how to approach the situation.
Redwood Shores, CA – Oracle Corporation (NYSE: ORCL) has kicked off its fiscal year 2026 with a resounding declaration of its dominance in the burgeoning cloud and artificial intelligence sectors. The tech giant's first-quarter results, unveiled on September 9, 2025, showcase a remarkable acceleration in its strategic pivot, with total revenues
A number of stocks jumped in the afternoon session after software giant Oracle (ORCL) boosted its outlook, citing booming demand for its cloud services from artificial intelligence firms.
A number of stocks jumped in the afternoon session after the latest Producer Price Index (PPI) data showed an unexpected decline, signaling easing inflation.
Broadcom just released its Q3 earnings report, and bulls should love what they see. The firm made a milestone announcement that bodes very well for its future.
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 4% in the afternoon session after the latest Producer Price Index (PPI) report came in softer than expected, fueling speculation of an imminent interest rate cut by the Federal Reserve.
Shares of aerospace and defense company Mercury Systems (NASDAQ:MRCY)
jumped 3.8% in the afternoon session after an unexpected drop in the Producer Price Index (PPI) for August, signaled easing inflation and raised expectations for a potential Federal Reserve interest rate cut.
Looking for the most active stocks in the S&P500 index on Wednesday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.
AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. (NYSE:ORCL) revealed a massive backlog of AI-related orders.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA)
jumped 4.9% in the morning session after the stock's positive momentum continued as the company unveiled its new Rubin CPX artificial intelligence (AI) chip, the successor to its latest 'Blackwell' technology.
Shares of computer processor maker AMD (NASDAQ:AMD)
jumped 3.9% in the morning session after a strong outlook from software giant Oracle (ORCL) fueled optimism for companies exposed to artificial intelligence demand.
