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

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%.

wallstreetcn21minutes ago

Broadcom Raises Quarterly Dividend by 11%

WSJ23minutes ago

AVGO Earnings: Broadcom Jumps Amid Solid Guidance

TipRanks31minutes ago

Earnings Snapshot: Broadcom FQ1 Revenue Projection Tops Estimates After Mixed FQ4

Seeking Alpha32minutes ago