Broadcom Slides on Disappointing AI Outlook, CrowdStrike Falls, Petco Drops

Broadcom Slides on Disappointing AI Outlook, ...

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Broadcom Drops, CrowdStrike Falls, Five Below Tumbles After Beat as Retailer Frets Over Consumer

On this episode of Stock Movers:- Broadcom (AVGO) shares fall after the chipmaker gave an outlook that was seen as underwhelming given the industry’s AI-related demand.- CrowdStrike (CRWD) shares fall after the security software company reported first-quarter results beat, which ...  Show more

Broadcom Plunges, Petco Slides, UnitedHealth Rises as BofA Lifts to Buy on Improving Cost Trend

On this episode of Stock Movers:-Broadcom (AVGO) shares plunged after the company’s forecast for sales of its artificial intelligence chips disappointed investors. AI semiconductor revenue will be $16 billion in the fiscal third quarter, falling well below analysts’ expectations ...  Show more

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