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Earnings

Broadcom stock up on earnings beat, increased demand for AI chips

by Ev Richard
Broadcom stock up on earnings beat, increased demand for AI chips

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom shares rose about 12% on Thursday after the company posted second fiscal quarter earnings that beat analysts’ estimates and showed …

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Categories Technology

Blistering AI demand drives a beat and raise

by Adrian Jhonsan
Broadcom stock up on earnings beat, increased demand for AI chips

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also …

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Categories World

Broadcom beats earnings estimates, announces 10-for-1 stock split

by Adrian Jhonsan
Broadcom beats earnings estimates, announces 10-for-1 stock split

Igor Golovniov | Lightrocket | Getty Images Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analyst estimates. It also announced a 10-1 stock split, set to …

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Categories World

Larry Ellison is $18 billion richer as Oracle rallies most since 2021

by Ev Richard
Larry Ellison is  billion richer as Oracle rallies most since 2021

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images …

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Categories Technology

Oracle stock pops 10% on AI demand, new deals with Google and OpenAI

by Ev Richard
Oracle stock pops 10% on AI demand, new deals with Google and OpenAI

Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California.  Justin Sullivan …

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Categories Technology

Oracle (ORCL) Q4 earnings report 2024

by Ev Richard
Oracle (ORCL) Q4 earnings report 2024

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty …

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Categories Technology

Top Wall Street analysts are optimistic on outlook for these 3 stocks

by Adrian Jhonsan
Top Wall Street analysts are optimistic on outlook for these 3 stocks

The debate around when the Federal Reserve will start to lower interest rates continues to influence market sentiment. Investors are interpreting important macroeconomic data, including jobs market reports, to decipher …

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Categories World

GameStop (GME) Q1 earnings

by Adrian Jhonsan
GameStop (GME) Q1 earnings

Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City.  Spencer Platt | Getty Images GameStop reported its …

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Categories World

Lululemon (LULU) earnings Q1 2024

by Adrian Jhonsan
Lululemon (LULU) earnings Q1 2024

A staff member holds a thermometer to measure the temperature of a customer at an entrance to a Lululemon store, following the coronavirus disease (COVID-19) outbreak in Shanghai, China June …

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Categories World

Nvidia passes Apple in market cap

by Adrian Jhonsan
Nvidia passes Apple in market cap

Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. David Paul Morris | Bloomberg | Getty Images Nvidia …

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Categories World
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