AVGO Jan 2025 1920.000 call
| Previous close | 119.72 |
| Open | 125.02 |
| Bid | 112.00 |
| Ask | 117.60 |
| Strike | 1,920.00 |
| Expiry date | 2025-01-17 |
| Day's range | 125.02 - 125.02 |
| Contract range | N/A |
| Volume | |
| Open interest | 147 |
ZacksBroadcom Inc. (AVGO) Suffers a Larger Drop Than the General Market: Key Insights
Broadcom Inc. (AVGO) closed at $149.26 in the latest trading session, marking a -1.37% move from the prior day.
- Yahoo Finance Video
Chip stock sell-off opens door for long-term plays: Analyst
Chip stocks continue their sector-wide slide, following a tech sell-off triggered by disappointing reports from some Magnificent 7 companies. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Morning Brief to discuss the semiconductor industry's current state. Moorhead observes that due to the chip sector's strong momentum over the past year, "any hiccup, any rumor of something" can trigger a stock decline. He suggests this downturn presents an opportunity for investors to identify potential high-growth companies beyond industry giants like Nvidia (NVDA), Broadcom (AVGO), and Intel (INTC). Moorhead advises investors to "look at a mid-term and even... long-term approach of where those stocks are going or could go," highlighting companies such as Qualcomm (QCOM). Regarding industry trends, Moorhead notes that many companies are pivoting towards AI, often at the expense of other initiatives. "They want their IT groups to pivot to generative AI. And a lot of this is about FOMO, it's the fear of missing out," he explains. This shift in focus is creating a divide in the market: "That's why you see companies that aren't engaged in the generative AI wave are seeing very mixed results." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Bloomberg$1 Trillion Rout Hits Nasdaq 100 Over AI Jitters in Worst Day Since 2022
(Bloomberg) -- Investors soured on the promise of artificial intelligence Wednesday, sparking a $1 trillion rout in the Nasdaq 100 Index as questions swirled over just how long it will take for the substantial investments in the technology to pay off.Most Read from BloombergHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Stocks Tumble as Wall Street Gets AI Wake-Up Call: Markets WrapWhat Initial Polling Data Show About the Trump-Harris MatchupHar
