Stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging [Los Angeles Times (CA)]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Los Angeles Times
The S&P 500 rallied 2% for its best day since May. The Dow Jones Industrial Average soared 1,206 points, or 2.5%, and topped the 50,000 level for the first time, while the Nasdaq composite leaped 2.2%. Chip companies helped drive the widespread rally, and Nvidia jumped 7.8% to trim its loss for the week, which came into the day at just over 10%. Broadcom climbed 7.1% and erased its drop for the week. They were the two strongest forces lifting the S&P 500, and they benefited from hopes for continued spending by customers diving into artificial-intelligence technology. Amazon CEO Andy Jassy, for example, said late Thursday it expects to spend about $200 billion on investments this year to take advantage of “seminal opportunities like AI, chips, robotics, and low earth orbit satellites.” Such immense spending, similar to what Alphabet announced a day earlier, is creating concerns of its own, though. The question is whether all those dollars will create big enough profits to make t
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AVGO
News
- Broadcom's AI Role Expands With Alphabet Capex And New Wi Fi 8 [Yahoo! Finance]Yahoo! Finance
- Dow soars by 1,200 points to top 50,000 for the first time as chipmakers and airlines lead ferocious stock market rebound By Stan Choe and The Associated Press By Stan Choe and The Associated Press February 6, 2026, 5:28 PM ET [Fortune]Fortune
- Canada, U.S. stock markets rebound on Friday [Advisor.ca (Canada)]Advisor.ca
- US stocks roar toward their best day since May as Dow surges 1,000 points and bitcoin stops plunging [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stock market today: Dow closes above 50,000 for the first time as stocks soar to cap volatile week [Yahoo! Finance Canada]Yahoo! Finance Canada
AVGO
Earnings
- 12/11/25 - Beat
AVGO
Sec Filings
- 1/13/26 - Form 8-K
- 1/9/26 - Form 3
- 1/8/26 - Form 4
- AVGO's page on the SEC website