Shares of Tesla, Alphabet, Adobe, Broadcom Dip as Ciena, Warner Bros, Uber Rise

Barron'sDec 12 09:51 ET

Apple's Record-Breaking Rally Boosts Appeal of Call Options Amid AI Optimism

Luzi Ann SantosDec 11 13:38 ET

Express News | Broadcom Exec Says Co Expects “Momentum in AI Connectivity to Be as Strong as More Hyperscalers Deploy Jericho3-AI"

Reutersjust now

Correction to Broadcom 4Q Revenue Surges Article

Dow Jones2minutes ago

Express News | Broadcom Exec Says Annualized Booking Value for Vmware Is Expected to Exceed $3 Bln in Q1 - Conf Call

Reuters2minutes ago

Is Broadcom about to lose a big order? It is reported that Apple will switch to self-developed Wi-Fi chips for iPhone and home products starting next year.

Media reports that Apple plans to use its self-developed chip combining Wi-Fi and Bluetooth for the new iPhone, Apple TV, and HomePod mini next year, and for iPads and Macs in 2026. One-fifth of Broadcom's fiscal year revenue comes from Apple, making it the largest supplier of Apple's Wi-Fi/Bluetooth chips. After the news broke, Broadcom's stock price hit a daily low, falling nearly 4%.

wallstreetcn26minutes ago