Broadcom Inc. - Common Stock (AVGO)

Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown.

Uncover the latest developments among S&P500 stocks in today's session. Stay tuned to the S&P500 index's top gainers and losers on Friday.

The major indexes cleared key levels despite Tesla diving on a Musk-Trump meltdown.

On Thursday, semiconductor Astera Labs stock saw an improvement in its IBD SmartSelect Composite Rating, from 94 to 96.

Broadcom stock costs a lot, and may be worth the price.

Chipmaker Broadcom Inc. (NASDAQ: AVGO) is drawing a line in the sand in the AI infrastructure battles, and it's doing so with custom AI chips.

Broadcom reported second-quarter financial results on Thursday after the market closed.

A Chinese company retracted a press release that announced a new Nvidia AI processor for the China market.

The US market is yet to commence its session on Friday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.

CEO Allan Thygesen said Q1 was an important quarter for the company’s transformational initiatives and that DocuSign surpassed 10,000 Intelligent Agreement Management customers.

The company reported continued momentum in its artificial intelligence semiconductor solutions and VMware virtualization software unit.

Wall Street ended Thursday’s session in the red, as investor caution ahead of Friday’s crucial jobs report.

Major U.S. indexes closed lower on Thursday, with the Dow Jones slipping 0.25% to 42,319.74, the S&P 500 falling 0.5% to 5,939.30.

Earnings from high-profile chip maker Broadcom elicited negative stock reaction, portending a potential hit to the sector in Friday’s session.

Fabless chip and software maker Broadcom (NASDAQ:AVGO) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 20.2% year on year to $15 billion. The company expects next quarter’s revenue to be around $15.8 billion, close to analysts’ estimates. Its non-GAAP profit of $1.58 per share was in line with analysts’ consensus estimates.

The semiconductor company reports second-quarter adjusted earnings of $1.58 per share, beating analyst estimates of $1.56 per share.

Broadcom narrowly beat Wall Street's targets for its fiscal second quarter and with its guidance. But Broadcom stock fell in extended trading.

Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Thursday and discover the stocks that are dominating the trading activity and setting the pace for the market.