Broadcom Inc. - Common Stock (AVGO)

Earnings from high-profile chip maker Broadcom elicited negative stock reaction, portending a potential hit to the sector in Friday’s session.

Fabless chip and software maker Broadcom (NASDAQ:AVGO) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 20.2% year on year to $15 billion. The company expects next quarter’s revenue to be around $15.8 billion, close to analysts’ estimates. Its non-GAAP profit of $1.58 per share was in line with analysts’ consensus estimates.

The semiconductor company reports second-quarter adjusted earnings of $1.58 per share, beating analyst estimates of $1.56 per share.

On Thursday, semiconductor Astera Labs stock saw an improvement in its IBD SmartSelect Composite Rating, from 94 to 96.

Broadcom narrowly beat Wall Street's targets for its fiscal second quarter and with its guidance. But Broadcom stock fell in extended trading.

Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Thursday and discover the stocks that are dominating the trading activity and setting the pace for the market.

All three major U.S.

The strategic partnership between the two firms will create an international tissue and professional products company, in which Kimberly-Clark will hold a 49% interest, while Suzano will hold the remaining 51%.

Broadcom offers an annual dividend yield of 0.90% ($2.36 a year). To figure out how to earn $500 monthly, here's what you do.

While Dow Jones futures were up 0.11% at the time of writing, the S&P 500 futures rose 0.06%.

U.S. stock futures were flat on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were mixed in premarket.

David Tepper's hedge fund, Appaloosa Management, just swapped AMD stock for a key supplier of AI infrastructure.

After weak private payrolls data, traders eye weekly initial jobless claims that would offer further clarity on labor market conditions.

Ciena will be, over the next one to five years, taking on companies like Marvell Technology and Broadcom Inc, analysts say.

Explore the S&P500 index on Wednesday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest and driving market movements.

Broadcom is shipping its Tomahawk 6, accelerating the artificial intelligence networking market.