Broadcom Inc.

JPMorgan on investing in chip stocks even as recession risks rise

Many analysts are now bearish on the chip sector , but some semiconductor firms could still do well even as the risks of a slowdown grow, according to JPMorgan. Some chipmakers are set to be driven by solid spending in a key tech sub-sector: the cloud. Companies will drive expenditure in this area — on …

JPMorgan on investing in chip stocks even as recession risks rise Read More »

Broadcom loses top software exec in the middle of VMware deal to head combined Citrix-Tibco company

Broadcom Inc.’s head of software Tom Krause is leaving the company in the middle of a $61 billion software acquisition he helped bring about, which analysts called “a surprise” and “not the greatest of news” Monday morning, to head a combined Citrix-Tibco company. In a Securities and Exchange Commission filing Monday, Broadcom AVGO, -3.17% said …

Broadcom loses top software exec in the middle of VMware deal to head combined Citrix-Tibco company Read More »

These stocks are winning the inflation battle and expanding margins

The highest inflation reading since 1981 left the stock market rattled on Friday and investors scrambling once again to find places where they can hide from these persistent price pressures. There are a few stocks that could fit the bill. CNBC Pro sought to find companies winning the inflation battle. These names expanded profit margins …

These stocks are winning the inflation battle and expanding margins Read More »

Cramer greenlights tech stocks, says Target news suggests inflation is peaking

CNBC’s Jim Cramer on Tuesday gave investors his blessing to consider purchasing beaten-down tech stocks after Target’s latest quarter indicated good news for the Federal Reserve’s fight against inflation. “The real greenlight here is on the beaten-down tech. … They might deserve a bit of a resurgence if they have profits and a total romp …

Cramer greenlights tech stocks, says Target news suggests inflation is peaking Read More »

Stocks could build on gains in the week ahead as investors await Friday’s jobs report

Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. All three major indice scored big gains in the past week, each rising higher than 6%. Both the S&P 500 and Nasdaq Composite …

Stocks could build on gains in the week ahead as investors await Friday’s jobs report Read More »

Why Nvidia’s rise could signal a change in this jittery market

With Nvidia (NVDA) the dichotomy between the short-sighted traders and the eyes-on-the-prize investors —like our Club members — continues. As much as the positive reaction on Wall Street to Broadcom (AVGO) buying VMware (VMW) and the excellent earnings of Dollar Tree (DLTR) say about the psyche of the market, the remarkably Lazarus-like move of the …

Why Nvidia’s rise could signal a change in this jittery market Read More »

Twitter, Macy’s, Nvidia, Lululemon and more

A Lululemon sign hangs in front of their store at the Woodbury Commons Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis News | Getty Images Check out the companies making headlines in midday trading Thursday. Macy’s — Shares jumped 17.8% after the department store chain reported …

Twitter, Macy’s, Nvidia, Lululemon and more Read More »

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures higher as Wall Street looks to break losing streaks Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. Spencer Platt | Getty Images US …

5 things to know before the stock market opens Thursday Read More »

Broadcom announces plans to buy VMware

Hock Tan, chief executive officer of Broadcom Martin H. Simon | Bloomberg | Getty Images Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion, based on the closing price of Broadcom common stock on May 25, 2022, the companies announced on Thursday. The deal would be one of the largest technology acquisitions …

Broadcom announces plans to buy VMware Read More »

VMware stock rallies 25% on reports Broadcom is weighing its third software acquisition in four years

VMware Inc. shares rally Monday as Wall Street chimed in on reports that Broadcom Inc. is looking for a threepeat when it comes to software acquisitions. VMware VMW, +24.78% shares surged to finish up nearly 25% at $119.43 for a market cap of $50.29 billion. Late Sunday, several news outlets reported that Broadcom AVGO, -3.10% …

VMware stock rallies 25% on reports Broadcom is weighing its third software acquisition in four years Read More »