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Stockreport

More drops for AI stocks drag Wall Street toward a 4th straight loss [Globe and Mail, The (Toronto, Canada)]

Broadcom Inc. (AVGO)  More Company Research Source: Globe and Mail, The
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
The S&P 500 fell 0.6% in midday trading, though it's still not far from its all-time high set last week. The Dow Jones Industrial Average was down 89 points, or 0.2%, as of 11 a.m. Eastern time, and the Nasdaq composite was 1.1% lower. The majority of stocks across Wall Street were rising, but they're getting drowned out by drops for stocks in the artificial-intelligence industry. Questions continue to dog them about a possible bubble and whether all the investment in AI will produce enough profit and productivity to prove worth the cost. Worries are also rising about the debt that some companies are taking on to pay for it all. Broadcom dropped 5%, Oracle fell 5.9% and CoreWeave sank 6.8%. Nvidia, the chip company that's become Wall Street's most influential stock because of its tremendous size, fell 3.6% and was the heaviest weight on the S&P 500. Only 17% of respondents in a survey of relatively big businesses by UBS said they're in production at scale with their AI projects [Read more]
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Stockreport

More drops for AI stocks drag Wall Street toward a 4th straight loss [Globe and Mail, The (Toronto, Canada)]

Broadcom Inc.  (AVGO) 
More Company Research Source: Globe and Mail, The
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
The S&P 500 fell 0.6% in midday trading, though it's still not far from its all-time high set last week. The Dow Jones Industrial Average was down 89 points, or 0.2%, as of 11 a.m. Eastern time, and the Nasdaq composite was 1.1% lower. The majority of stocks across Wall Street were rising, but they're getting drowned out by drops for stocks in the artificial-intelligence industry. Questions continue to dog them about a possible bubble and whether all the investment in AI will produce enough profit and productivity to prove worth the cost. Worries are also rising about the debt that some companies are taking on to pay for it all. Broadcom dropped 5%, Oracle fell 5.9% and CoreWeave sank 6.8%. Nvidia, the chip company that's become Wall Street's most influential stock because of its tremendous size, fell 3.6% and was the heaviest weight on the S&P 500. Only 17% of respondents in a survey of relatively big businesses by UBS said they're in production at scale with their AI projects [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