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AVGO Jan 2024 610.000 put

OPR - OPR Delayed price. Currency in USD
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0.1400-0.1700 (-54.84%)
As of 03:40PM EST. Market open.
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  • Yahoo Finance Video

    Broadcom Q4 earnings top estimates

    Broadcom (AVGO) reported fiscal fourth quarter earnings that topped analyst estimates. Adjusted earnings of $11.06 per share topped expectations of $10.93, while revenue of $9.3 billion was in line with estimates. CEO Hock Tan says the results were "driven by investments in accelerators and network connectivity for AI by hyperscalers." The company recently completed its acquisition of VMware, which Tan calls "transformational" in the release. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Yahoo Finance Video

    Broadcom is the poor man's Nvidia: Strategist

    Artificial Intelligence. A groundbreaking innovation for humanity that has seemingly seeped into every conversation across a wide range of companies. With so much buzz around this topic, how are investors supposed to sift through what is useful and what is fluff? Nancy Tengler, Laffer Tengler Investments CEO & CIO joins Yahoo Finance to breakdown two stocks that have Wall Street talking: Broadcom (AVGO) and Interpublic Group of Companies (IPG). Tengler gives extensive insight to both companies, commenting that Broadcom has recently received a debt rating upgrade from S&P Global, shows strong capital return, with dividend increases to shareholders, and are actively expanding company exposure to AI. IPG, on the other hand, seems more defensive on AI, with a weak 2024 revenue outlook, and concerns about organic revenue growth, Tengler argues. For more Good Buy or Goodbye, be sure to click here Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.

  • Bloomberg

    Broadcom CEO Expects AI Windfall Even as Sales Growth Slows

    (Bloomberg) -- Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, expects the rapid expansion of artificial intelligence computing to help offset its worst slowdown since 2020. Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets WrapHarvard, Penn Heads Walk Back Genocide Answers After BacklashApple Readies New iPads a