Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares rose about 6% after the company posted strong first-quarter earnings and...
Category: Earnings
Broadcom’s report gives the battered AI trade a much-needed win
Broadcom shares were rewarded Thursday evening after the chipmaker delivered the kind of quarterly beats and strong guidance needed to ease investor fears about a potential...
CrowdStrike shares tumble on light guidance. Here’s why we’re upgrading the stock anyways
CrowdStrike reported a strong fourth-quarter results Tuesday night, delivering beats on revenue, adjusted earnings and net new annual recurring revenue. However, the stock is under pressure...
Dell forecasts $15 billion of AI server sales this year
Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20,...