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
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO)
fell 4% in the afternoon session after uncertainty increased over when key companies can resume large-scale sales of high-end artificial-intelligence chips to China.
Nvidia stock fell more than 3% on Monday on reports that its planned $100 billion investment in OpenAI had stalled. However, both OpenAI's Sam Altman and Nvidia's Jensen Huang have pushed back on the narrative.
A number of stocks fell in the afternoon session after fears of disruption from artificial intelligence spooked investors, leading to a broad-based sell-off.
Shares of software supply chain platform JFrog (NASDAQ:FROG) fell 8.4% in the afternoon session after fears of disruption from artificial intelligence spooked investors, leading to a broad-based sell-off.
A number of stocks fell in the afternoon session after fears of disruption from artificial intelligence spooked investors, leading to a broad-based sell-off. The market witnessed a "basket-style reaction," a term for when investors reduce exposure to an entire segment without differentiating between individual company business models. The negative sentiment was widespread, pulling down all of the Magnificent Seven stocks and sending the S&P 500 Information Technology Sector down nearly 3%.
Shares of insurance software provider Guidewire Software (NYSE:GWRE) fell 9.7% in the morning session after a broad sell-off swept through the software sector, driven by growing concerns about the impact of artificial intelligence.
On February 10, 2025, the U.S. stock market staged a resilient recovery, shaking off a weekend of aggressive trade rhetoric from the White House. Leading the charge was the tech-heavy Nasdaq Composite, which climbed 1% to close at 19,714.27. The gains signaled a collective "wait and see"
According to William Blair, Palantir’s commercial operations are maintaining strong growth, and the company continues to see substantial engagement from U.S. government agencies.
