(Bloomberg) — Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, fell in late trading after delivering a disappointing sales forecast, hurt by the portion of …
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Cryptocurrency News
Broadcom Stock Falters After Company Reports Loss, Disappointing Revenue Outlook
by skolnesInvestopedia / Photo Illustration by Alice Morgan / Getty Images Key Takeaways Broadcom posted a loss in its fiscal third quarter, primarily due to acquisition-related amortization costs. The company is …
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(Bloomberg) — Intel Corp. is considering options for its stake in its struggling automated driving systems provider Mobileye Global Inc. as part of a major strategy overhaul, people with knowledge …
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Broadcom raises annual AI revenue estimate on demand for custom chips
by skolnes(Reuters) -Chipmaker Broadcom (AVGO) raised its forecast for fiscal 2024 artificial intelligence revenue, citing higher demand for networking equipment and growing orders for its custom chips business. However, the company …
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Investors are increasingly confident the US economy will achieve a “soft landing,” a scenario in which higher interest rates lead to lower inflation without a major hit to economic growth. …
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If I Buy A $100,000 Annuity, How Much Cash Will It Pay Me Each Month?
by skolnesIf I Buy A $100,000 Annuity, How Much Cash Will It Pay Me Each Month? An annuity is like a personal pension plan you buy for yourself. You give an …
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Nio (NYSE: NIO) stock had one of its best days in recent weeks today, flying 12% higher as of 12:40 p.m. ET Thursday. After losing more than 50% value in …
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US scrutinizes top airlines’ frequent flyer schemes for unfair practices
by skolnesBy David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department (DOT) said on Thursday it is opening an inquiry into the four largest U.S. air carrier rewards and frequent flyer programs …
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Tesla plans to launch full self-driving technology in China and Europe in the first quarter of next year. The advanced driver assistance system is currently pending regulatory approvals with the …
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US stocks erased early session gains on Thursday as investors digested more weaker-than-expected labor market data that could help set expectations for both interest rate cut hopes and the health …