Broadcom (NASDAQ: AVGO) once again reported robust artificial intelligence (AI) revenue growth in its fiscal second-quarter results released this week, with promises that the strong revenue growth would continue. The stock slipped despite an upbeat outlook, although it remains up more than 75% over the past year. Let’s take a closer look at Broadcom’s most
Things have been good for stocks over the last two months. Maybe too good, according to a new report from Bank of America. Since its most recent low on April 8, the S&P 500 and Vanguard’s Total World Stock Index are up 20% as investors have piled into the market at a near-record pace. On
This article was written by Follow Arbitrage Trader, aka Denislav Iliev has been day trading for 15+ years and leads a team of 40 analysts. They identify mispriced investments in fixed-income and closed-end funds based on simple-to-understand financial logic. Denislav leads the investing group Trade With Beta, features of the service include: frequent picks for
This article was written by Follow I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look
Other news we’re following: Merz says he found Trump open to dialogue and committed to NATO: German Chancellor Friedrich Merz said Friday, a day after meeting with Trump at the White House, that he encountered a US administration open to discussion and returned confident that Washington remains committed to NATO. Judge puts temporary hold on Trump’s latest
‘See you in the woodchipper,’ ex-USAID staffers tell Musk — 2:00 p.m. By the Associated Press A social media account run by recently terminated staffers of the US aid agency that Elon Musk helped destroy had parting words for Musk Friday after his public falling-out with President Donald Trump. “We’ll see you in the woodchipper,”
US charges Kilmar Abrego Garcia with transporting people who were in the country illegally — 4:00 p.m. By the Associated Press Abrego Garcia, whose mistaken deportation to El Salvador became a political flashpoint in the Trump administration’s stepped-up immigration enforcement, was being returned to the United States to face criminal charges related to what the
By BERNARD CONDON, Associated Press Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important that profits. In three hours Thursday, they learned yet again how dangerous that gamble could be. Shares of Elon Musk’s electric vehicle maker plunged more than 14%
Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors feared his dispute with President Donald Trump will hurt the company. Tesla plunged closed down more than 14% as a disagreement over the U.S. president’s budget bill turned nasty. After Musk said that Trump wouldn’t haven’t gotten elected without his help, Trump implied
Pet food is displayed in a refrigerated cases at the Freshpet Inc. production facility in Bethlehem, … More Pennsylvania, U.S., on Monday, Nov. 9, 2015. Freshpet produces the only industrial refrigerated pet food on the market, which is made with only fresh ingredients and eschews preservatives. Sales of premium dog food have surged 45 percent