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Stock impact report

Asian markets track Wall St lower as AI fears mount [Yahoo! Finance]

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: Yahoo! Finance
Hopes for an end-of-year rally have been dealt a blow after the Federal Reserve last week hinted that it could pause its interest rate cuts next month while more questions are being asked about the cash pumped into AI. While the US central bank's three successive rate reductions have provided a boost to equities in the back end of the year, some fear that support will be taken away. Key US inflation data due later Thursday could provide some idea about officials' plans after a jobs report Tuesday provided little clarity. Focus is now back on the tech sector amid rising speculation that a bubble has formed and could be close to popping. While software and chip firms have led a surge in markets to record highs this year, a growing number of investors are beginning to wonder whether their valuations have been stretched and are asking when the cash pumped into AI will start to see returns. Those worries were compounded Wednesday by a report that private capital group Blue Owl h Show less Read more
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