There are signs investors have become more selective as the tech rally stalled this month. Nvidia Corp.’s shares faltered following results that beat lofty expectations, while Marvell Technology Inc. — another chipmaker with AI exposure — slumped after its own report. Such reactions are worrisome for the market, particularly for companies banking on a jolt from AI sales.
Delivering on that forecast would’ve likely sent the chipmaker’s shares soaring a couple weeks ago. Now, after Nvidia’s blowout fell relatively flat, Broadcom’s 10-quarter streak of rising the day after earnings could be in jeopardy. The options market is implying a one-day move of 4.4% in either direction on the day after the report.Headwinds have been persistent.
Furthermore, there has also been progress in the company’s $61 billion acquisition of VMware Inc., which Broadcom expects will close near the end of October. X, the social network that used to be known as Twitter, updated its privacy policy to include a new kind of user data it plans to collect: biometric.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
What are experts saying about earnings from BMO and Scotiabank?The Bank of Montreal and the Bank of Nova Scotia have put aside more money in case their customers have trouble paying back their back loans in the months ahead.
더 많은 것을 읽으십시오 »
BMO earnings hit by severance, legal costs as it focuses on containing expensesTORONTO — BMO Financial Group's third-quarter profit took a hit in part from severance costs and rising provisions for bad loans as the bank prepares for an extended stretch of economic strain.
더 많은 것을 읽으십시오 »
J.M. Smucker earnings: Uncrustables business is 'on fire,' CEO saysJ.M. Smucker Company (SJM) reported mixed first quarter results, but raised its profit forecast. CEO Mark Smucker tells Yahoo Finance Live that 'results were strong' across all of the company's business units. One of the big areas of growth for the company has been its Uncrustables business, which Smucker says is 'on fire' and set to deliver $800 million in sales this year. 'We're still in growth mode, even on core peanut butter and jelly,' Smucker says. 'In the future, we will launch more products in that same format,' Smucker explains, adding that they are looking how combinations of things like meat and cheese or egg and cheese could be part of future products.
더 많은 것을 읽으십시오 »
HP Inc. sees slowing PC demand in mixed Q3 earningsHP Inc. (HPQ) shares are falling this morning after the computer manufacturer showed mixed third-quarter earnings — narrowly missing on revenue of $13.2 billion while narrowly beating estimates with adjusted earnings of $0.86 per share. Yahoo Finance Live examines HP's revenue across segments and how slowing demand for PCs in consumer markets is hitting the company.
더 많은 것을 읽으십시오 »
HP earnings, Hurricane Idalia, Grayscale's bitcoin ETF: 3 ThingsShares of HP Inc. (HPQ) fall on mixed third-quarter earnings results. Hurricane Idalia makes landfall in Florida with officials warning of potential storm surges. Lastly, Yahoo Finance will be speaking with Grayscale CEO Michael Sonnenshein this morning after a federal appeals court decision supporting the company's bid to convert its bitcoin trust (GBTC) into an ETF. Yahoo Finance Live's Brad Smith highlights several of this morning's top developing stories.
더 많은 것을 읽으십시오 »
National Bank Slides on Credit, Trading-Driven Earnings MissNational Bank of Canada’s profit slipped as it increased set-asides for risky loans, trading revenue tumbled and expenses rose. The shares fell to the lowest since early July.
더 많은 것을 읽으십시오 »