Trump blocks Broadcom's takeover of Qualcomm over security worries [Business News Network (BNN) Energy & Resources (Canada)]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.broadcom.com
Company Research
Source: Business News Network
Trump blocks Broadcom's takeover of Qualcomm over security worries With his swift rejection of Broadcom Ltd.’s hostile takeover of Qualcomm Inc., President Donald Trump sent a clear signal to overseas investors: Any deal that could give China an edge in critical technology will be swatted down in the name of national security. Although Broadcom is based in Singapore, China loomed large over the U.S. government’s fears about a foreign takeover of chipmaker Qualcomm. That’s because Qualcomm is locked in a head-to-head race with China’s Huawei Technologies Co. over which company will dominate the development of next-generation wireless technology. "This decision hangs a huge ‘not-for-sale’ sign on just about every American semiconductor firm," said Scott Kennedy, who studies China’s economic policy at the Center for Strategic & International Studies in Washington. "A Chinese entity doesn’t need to be anywhere near a transaction now in semiconductors for the deal to be nixed." The preside
Show less
Read more
Impact Snapshot
Event Time:
AVGO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AVGO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AVGO alerts
High impacting Broadcom Inc. news events
Weekly update
A roundup of the hottest topics
AVGO
News
- Temenos Appoints New CEO, Says Sales Hit by Short Seller Report [BNN Bloomberg (Canada)]BNN Bloomberg
- Broadcom Inc. (AVGO) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Broadcom Inc. (NASDAQ: AVGO) had its price target raised by analysts at Barclays PLC from $1,405.00 to $1,500.00. They now have an "overweight" rating on the stock.MarketBeat
- Broadcom Inc. (AVGO) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Global RF Front End Module Market Size To Exceed USD 83.21 Billion By 2033 | CAGR Of 12.98% [Yahoo! Finance]Yahoo! Finance
AVGO
Earnings
- 3/7/24 - Beat
AVGO
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- AVGO's page on the SEC website