Stocks close sharply lower as AI angst returns [MSNBC.com]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: MSNBC.com
Stocks dropped sharply on Wednesday as jitters about the booming artificial intelligence sector once again returned to the top of investors' minds.The catalyst for the tumble was, once again, a story about cloud computing giantOracleBefore the opening bell rang, theFinancial Times publishedBlue Owl is a fund that has been the "primary backer for Oracle’s largest data center projects in the U.S.," according to the report.In a statement Oracle said "the FT story is incorrect," but confirmed that Blue Owl was not part of the funding talks."Our development partner, Related Digital, selected the best equity partner from a competitive group of options, which in this instance was not Blue Owl," a spokesman for Oracle said. "Final negotiations for their equity deal are moving forward on schedule and according to plan.""The notion that Blue Owl walked away is unequivocally false," Related Digital said in a statement shortly after Oracle's. The company said it expects "to deliver the project on
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AVGO
News
- Asian markets track Wall St lower as AI fears mount [Yahoo! Finance]Yahoo! Finance
- Stocks close sharply lower as AI anxiety returns [MSNBC.com]MSNBC.com
- Stock Market Today, Dec. 17: Broadcom Drops on China AI Chip Breakthrough and AI Buildout Uncertainty [Yahoo! Finance]Yahoo! Finance
- More drops for AI stocks drag Wall Street to its worst day in nearly a month [Los Angeles Times (CA)]Los Angeles Times
- Why Dell (DELL) Shares Are Sliding Today [Yahoo! Finance]Yahoo! Finance
AVGO
Earnings
- 12/11/25 - Beat
AVGO
Sec Filings
- 12/17/25 - Form 4
- 12/17/25 - Form 144
- 12/17/25 - Form 144
- AVGO's page on the SEC website