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0.00125984251968512 -0.0078740157480315 -0.00472440944881885 0.00692913385826779 -0.00629921259842517 -0.0141732283464567 -0.0113385826771653 -0.0113385826771653
Stock impact report

UPDATE 3-With Qualcomm behind it, Broadcom looks to smaller deals [Reuters]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Reuters
With Qualcomm saga behind it, Broadcom tops estimates | Reuters Reuters Staff 2 Min Read (Reuters) - Broadcom Ltd’s ( AVGO.O ) quarterly results topped estimates on Thursday on robust demand for its chips from smartphone makers, at a time when investors are closely watching the company’s next moves after its bid for fellow chipmaker Qualcomm was blocked. U.S. President Donald Trump blocked Broadcom’s $117 billion hostile bid for Qualcomm Inc ( QCOM.O ) earlier this week on national security concerns, and the company scrapped the offer on Wednesday. Singapore-based Broadcom, however, said it would continue with its plans to redomicile to the United States, fueling expectations that the company would likely scout for smaller targets. Broadcom’s shares were down 1.2 percent at $267.76 in extended trading on Thursday. “The beat is moderating over time,” said Summit Insight Group analyst Kinngai Chan. “Typically, Broadcom has to make acquisitions to drive the earnings. If the company i Show less Read more
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