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CNBC Daily Open: U.S. stocks retreat from highs as Broadcom leads tech sell-off [CNBC]

Broadcom Inc. (AVGO)  More Company Research Source: CNBC
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
David Paul Morris | Bloomberg | Getty Images Taken from CNBC's Daily Open, our international markets newsletter — Subscribe today The sell-off in artificial intelligence stocks continued unabated Friday stateside. Broadcom shares tumbled more than 11% as investors grew concerned over lower margins and uncertain deals. Names such as Nvidia Advanced Micro Devices and Oracle fell in sympathy, which caused major U.S. indexes to close lower. It was a motif patterning the week. Even though the Dow Jones Industrial Average rose 1.1% week on week on the back of outperformance by financial stocks, tech names dragged down the S&P 500 and the Nasdaq Composite , which fell 0.6% and 1.6% respectively for the week. That said, investors could have just been jittery amid the narrative of an apparent AI bubble, and were spooked by any sign of bad news. After all, Broadcom's earnings — as well as its guidance for the current quarter — breezed past expectations “Frankly we aren't sure what el [Read more]
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Stockreport

CNBC Daily Open: U.S. stocks retreat from highs as Broadcom leads tech sell-off [CNBC]

Broadcom Inc.  (AVGO) 
More Company Research Source: CNBC
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
David Paul Morris | Bloomberg | Getty Images Taken from CNBC's Daily Open, our international markets newsletter — Subscribe today The sell-off in artificial intelligence stocks continued unabated Friday stateside. Broadcom shares tumbled more than 11% as investors grew concerned over lower margins and uncertain deals. Names such as Nvidia Advanced Micro Devices and Oracle fell in sympathy, which caused major U.S. indexes to close lower. It was a motif patterning the week. Even though the Dow Jones Industrial Average rose 1.1% week on week on the back of outperformance by financial stocks, tech names dragged down the S&P 500 and the Nasdaq Composite , which fell 0.6% and 1.6% respectively for the week. That said, investors could have just been jittery amid the narrative of an apparent AI bubble, and were spooked by any sign of bad news. After all, Broadcom's earnings — as well as its guidance for the current quarter — breezed past expectations “Frankly we aren't sure what el [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS