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Shares of Tesla, Alphabet, Adobe, Broadcom Dip as Ciena, Warner Bros, Uber Rise
U.S. stock market close: The Nasdaq has fallen from historic Top Reversal, while the Dow has declined for the sixth consecutive day.
① The Nasdaq China Golden Dragon Index rose by 0.18%, with China Concept Stocks showing mixed performance; ② Google is collaborating with Samsung to develop a headset device, with the first product expected to be launched next year; ③ Apple is reportedly set to start producing a key wireless chip currently supplied by Broadcom next year; ④ Adobe fell nearly 14%, as the company's full-year performance guidance was below expectations.
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Adobe's AI Product Monetization Ability Mitigated Amid Price Pressures, UBS Says
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Too : It's unreasonable for it to rise so much without meeting expectations.
Trent Stevenson714 Too : You clearly don’t know how to read earnings it shows how much ai has helped there business year over year indicating strong demand for ai success
Trent Stevenson714 Too : With that being said it will help nvda as they are very tied with them
10baggerbamm : imagine that broadcom has three customers and just from those three customers by 2027 60 to 90 billion dollars from three customers they have two additional hyperscalers but are not adding in any revenue because they don't consider them in their revenue growth at this point in time
10baggerbamm Trent Stevenson714 : Nvidia should be at a new year high I mean every company out there is saying AI is exponential growth.