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Stockreport

Stocks close sharply lower as AI anxiety returns [MSNBC.com]

Broadcom Inc. (AVGO)  More Company Research Source: MSNBC.com
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Stocks dropped sharply Wednesday as jitters about the booming artificial intelligence sector once again returned to the top of investors' minds.The catalyst for the tumble was, once again, a story about the cloud computing giantOracleBefore the opening bell rang,The Financial Times publishedBlue Owl is a fund that has been the "primary backer for Oracle’s largest data center projects in the U.S.," according to the report.In a statement, Oracle said "the FT story is incorrect" but confirmed that Blue Owl was not part of the funding talks."Our development partner, Related Digital, selected the best equity partner from a competitive group of options, which in this instance was not Blue Owl," a spokesman for Oracle said. "Final negotiations for their equity deal are moving forward on schedule and according to plan."Related Digital said in a statement shortly after Oracle’s, "The notion that Blue Owl walked away is unequivocally false." The company said it expects "to deliver the project o [Read more]
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Stockreport

Stocks close sharply lower as AI anxiety returns [MSNBC.com]

Broadcom Inc.  (AVGO) 
More Company Research Source: MSNBC.com
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Stocks dropped sharply Wednesday as jitters about the booming artificial intelligence sector once again returned to the top of investors' minds.The catalyst for the tumble was, once again, a story about the cloud computing giantOracleBefore the opening bell rang,The Financial Times publishedBlue Owl is a fund that has been the "primary backer for Oracle’s largest data center projects in the U.S.," according to the report.In a statement, Oracle said "the FT story is incorrect" but confirmed that Blue Owl was not part of the funding talks."Our development partner, Related Digital, selected the best equity partner from a competitive group of options, which in this instance was not Blue Owl," a spokesman for Oracle said. "Final negotiations for their equity deal are moving forward on schedule and according to plan."Related Digital said in a statement shortly after Oracle’s, "The notion that Blue Owl walked away is unequivocally false." The company said it expects "to deliver the project o [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