Broadcom, Growth Stock
The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.
RSI and MACD indicators are forming a massive bearish divergence on the weekly chart. Given Broadcom's vertical move up from ~$600 to ~$1700, AVGO stock looks overstretched (trading well above 10 ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
Broadcom Inc. are the No. 1 and No. 2 AI plays in tech. Since peaking in mid-December of last year, Broadcom shares have been under pressure, down on sympathy with other semiconductor stocks and the ...
Broadcom’s stock rose as much as 6.7% after markets opened in New York on Friday, its biggest intraday gain in about a month. The shares closed at $179.45 on Thursday, down 23% so far this year.
Broadcom shares rallied after the company posted strong first-quarter earnings and guidance and signaled ongoing AI demand.
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