| (USD) | Feb 2024 | Q/Q |
|---|---|---|
| Revenue | 12B | +29% |
| Gross Profit | 7.4B | +15% |
| Cost Of Revenue | 4.6B | +59% |
| Operating Income | 2.1B | -51% |
| Operating Expenses | 5.3B | - |
| Net Income | 1.3B | -62% |
| R&D | 2.3B | +66% |
| G&A | 1.6B | - |
| Interest Expense | 926MM | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Technology spending plans by Microsoft and Alphabet's Google boosted AI stocks on Friday, including Nvidia and Super Micro Computer.
Zacks.com users have recently been watching Broadcom Inc. (AVGO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Thursday amid Meta's sell-off.
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.
Big spending on the part of tech giants equals big-time revenue for these three companies.
Data-center coolant systems specialist Vertiv soared Wednesday on strong earnings. It's a good sign for AI stocks like Nvidia and Super Micro.
On Monday, critics of Broadcom Inc (NASDAQ:AVGO) dismissed the U.S. chipmaker’s revisions to its cloud licensing practices, arguing that the changes fail to resolve their concerns over alleged price increases, unfair software licensing terms, and product bundling. Last week, Broadcom CEO Hock Tan announced in a blog post a series of modifications to the licensing conditions of the recently acquired cloud computing company VMware, following grievances from some EU business users and a trade group
In the most recent trading session, Broadcom Inc. (AVGO) closed at $1,211.49, indicating a +0.56% shift from the previous trading day.
Median pay for America’s top CEOs rose 11.4% in 2023 to a record $23.7 million, according to pay consulting group Equilar. The increase in CEO pay is well ahead of the 3.4% inflation rate in 2023 and the 4.3% gain for the average worker. Topping Equilar’s list is Broadcom CEO Hock Tan, with total compensation of $161.8 million last year.
Broadcom's critics on Monday rejected the U.S. chipmaker's changes to its cloud licensing practices, saying they do not address their complaints about alleged price hikes, unfair software licensing terms and tying products together. Last week Broadcom Chief Executive Hock Tan in a blogpost announced a raft of changes to newly acquired cloud computing company VMware's licensing condition following complaints from some EU business users and a trade group. These included substantial price cuts to...