US stocks slump and oil prices jump as worries about AI, inflation and possible war hit Wall Street [Globe and Mail, The (Toronto, Canada)]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: Globe and Mail, The
A surprisingly discouraging update on inflation also hurt the market. The S&P 500 fell 0.8% and is staggering toward the finish of what would be just its second losing month in the last 10. The Dow Jones Industrial Average was down 569 points, or 1.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.2% lower. A report showing that inflation at the U.S. wholesale level was at 2.9% last month, much higher than the 1.6% that economists expected, upset the market. The number was so much worse than expected that it could help persuade the Federal Reserve to hold off longer on its cuts to interest rates. Lower rates would give the economy and prices for investments a boost, but they risk worsening inflation at the same time. The discouraging data layered more worries atop a Wall Street where investors returned to knocking down software companies and others whose businesses may end up getting supplanted by AI-powered competitors. Block, the company behind Cash App, Squ
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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