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Stockreport

Wall Street poised to take back some of Wednesday's AI-related losses after Micron's strong results [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
Futures for the S&P 500 gained 0.4%, while futures for the Dow Jones Industrial Average inched up 0.2%. Nasdaq futures shot 0.8% higher. Some of the companies hit hardest on Wednesday were poised to regain some of those losses Thursday. Broadcom, Oracle and CoreWeave were all up a little more than 1% early Wednesday, possibly boosted by a strong earnings report from the chipmaker Micron. Micron jumped 12.8% early Thursday after it easily beat Wall Street's first-quarter profit and revenue targets. The Idaho company said that demand for AI accelerated last quarter, pushing its profit and revenue to record highs. The artificial-intelligence sector is being pressured by questions over whether Big Tech companies' share prices have shot too high. Micron's record quarter may temporarily ease some of the anxiety over AI and whether all the money being poured into it will turn into productivity and profit. Outside the tech sector, Lululemon jumped 7.4% on reports that activist invest [Read more]
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Stockreport

Wall Street poised to take back some of Wednesday's AI-related losses after Micron's strong results [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
Futures for the S&P 500 gained 0.4%, while futures for the Dow Jones Industrial Average inched up 0.2%. Nasdaq futures shot 0.8% higher. Some of the companies hit hardest on Wednesday were poised to regain some of those losses Thursday. Broadcom, Oracle and CoreWeave were all up a little more than 1% early Wednesday, possibly boosted by a strong earnings report from the chipmaker Micron. Micron jumped 12.8% early Thursday after it easily beat Wall Street's first-quarter profit and revenue targets. The Idaho company said that demand for AI accelerated last quarter, pushing its profit and revenue to record highs. The artificial-intelligence sector is being pressured by questions over whether Big Tech companies' share prices have shot too high. Micron's record quarter may temporarily ease some of the anxiety over AI and whether all the money being poured into it will turn into productivity and profit. Outside the tech sector, Lululemon jumped 7.4% on reports that activist invest [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