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-0.000473162797575115 -0.000443590122726701 0.00207008723939077 0.002957267484844 -0.00341061659027059 -0.00307555818423782 0.0146718911725565 0.00291290847257122
Stock impact report

Buy the Drop in Broadcom or Oracle Stock After Earnings? [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
The selloff comes as investors have been spooked by rising costs, margin pressures, and concerns about their AI-related spending, although these tech giants have solid balance sheets. While both companies are deeply tied to AI infrastructure, which has been the hottest trade of the year, the market is now scrutinizing whether their increased spending on data centers and AI clusters will actually deliver profitable returns. Image Source: Zacks Investment Research Reporting blockbuster results for its fiscal fourth quarter last Thursday, Broadcom's quarterly sales were up 28% to $18.01 billion, with EPS soaring 37% to $1.95 compared to $1.42 per share in the comparative quarter. Broadcom also beat consensus sales and earnings estimates by 2.94% and 4.28% respectively. However, considering Broadcom stock had vastly outperformed the broader market going into its Q4 report, this wasn't enough to satisfy investors' lofty appetite, especially with the chip giant warning that costly Show less Read more
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