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-0.000120612712579933 0.000554818477867611 -0.00132673983837899 -0.00132673983837899 -0.00132673983837899 -0.00132673983837899 -0.00132673983837899 -0.00132673983837899
Stock impact report

European & U.S. Futures Edge Higher as Mega-Cap Earnings Meet Fed Decision Risk [Globe and Mail, The (Toronto, Canada)]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Tuesday's regular session showed how sensitive investors have become to artificial intelligence spending concerns, as the S&P 500 fell 0.49%, the Nasdaq Composite dropped 0.9%, and the Dow lost 25.86 points, or 0.05%. Technology stocks led the decline after concerns emerged that OpenAI had missed internal revenue and user-growth targets, raising fresh doubts over whether the current AI spending boom can justify the valuations attached to major cloud, chip, and software companies. Oracle, Broadcom, and Nvidia were among the names pressured by this concern. Now investors are waiting to see whether Alphabet, Amazon, Meta Platforms, and Microsoft can prove that their massive AI investments are producing real revenue growth, stronger cloud demand, better advertising performance, and improving margins. The second major reason is the Federal Reserve policy decision. Markets do not expect a change in the current federal funds rate, but the statement and press conference may matter more than Show less Read more
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