Latest news with #Broadcom
Yahoo
a day ago
- Business
- Yahoo
Trading day takeaways: Nvidia record, US dollar moves, oil pops
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) closed Monday's trading session at fresh record highs. Meanwhile, Yahoo Finance Markets and Data Editor Jared Blikre joins Asking for a Trend to share his takeaways from the trading day: Nvidia's new record, moves in the US dollar (DX=F), and crude oil prices (CL=F). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. The S&P 500, the Nasdaq eked out records to kick off what is going to be a jam packed week for Wall Street. Here with the trading day takeaways. We've got Yahoo finances Jared Blikre. Jared. Thank you, Josh. Eked out is right. The S&P 500 just barely closed in the green. It was enough for a record. Nasdaq a little bit higher and it was all thanks to the semiconductors led by the Kahuna, the biggest stock in the solar system in video. Let me get a quick market cap check, $4.31 trillion. Look at Broadcom, 1.384. That's, uh, that's nothing to sneeze at either. Um, but here we go. So the semiconductors really outperforming today, AMD up 4.32%. Let me just show you the sector action real quickly because another theme I was noticing was we don't have great breadth in the market right now. We had energy. That was on the back of crude oil. We might have time for that later. Tech and consumer discretionary. That's an Amazon and Tesla story, mainly Tesla today. Everything else and in the red. Another thing I noticed that was interesting was the S&P equal weighted index. So S&P 500 equal weighted, that was down half a percent and that's just a continuation of the low or poor breadth theme because every stock gets the same weight in there as opposed to the S&P 500, which just barely crossed into the green by the close. But thanks to those mega cap names that finished in the green. So all in all, I, without Nvidia, this would not have been a positive market today. What was it? Was it the big mover in today's trade? Let me get to that right here. And for that we got to go to some of those trade headlines that we saw over the weekend and that was causing the US dollar to surge. And I also want to add that the seasonals are turning bullish. And so we saw that EU and US deal kind of take shape and we got a big decline in the euro. And so conversely we saw the dollar shoot up there. When the dollar shoots up, sometimes that spills over into equities. And so it's not surprising that materials, and I you saw XLB take the biggest hit. That's where you see gold miners, and we'll get to that in a second. But first, on the dollar, I also did a segment this morning on seasonality of the dollar, which is just turning very bullish this, uh, within these few days here, according to one of my models. So I have three lines here. White is what has happened with the dollar this year so far in 2025 and it's basically been just a slow and steady line down. So you 2025 is not been friendly to the dollar. However, I have two models. Blue is going back to 1971. It's an average of all the years. It's not very volatile. It's hard to see here, but it just, it does inflect up a little bit, uh, in this time of the year. But what you really notice here is a steeper line. That's the green line. If you go back to 1971 and you only include the years where you have the same day of the week, like, uh, Monday, July 28th, you want to make sure you have that exact configuration, then we get a lot more steep action here. And that model has served me well over the last few years since I, since basically I discovered it. So on that, I am saying that there's a warning that the dollar turns up here strongly. That is a non-consensus position. We know that there's been a lot of bearish sentiment, a lot of bearish positioning in the dollar. And so this is kind of a risk factor that I think exists in the market. And let me just show you real quickly what happened today on the back of this US dollar index strength, this broad strength in the dollar. And I'll go to the futures for that. There's more green than red here, but we really saw the metals take a hit. So copper was down almost 3%. Gold took a little bit of a tumble, silver also in the red. But look at cryptocurrencies. Crypto was really the red factor today. So metals down. What, what about other commodities, Jared? All right. So here we got to go, we got to touch on crude oil here. And crude oil was one of the biggest gainers of the day. So I'll go back to my futures chart here and there we go. Crude oil is going to be second or third actually next to cocoa and palladium. Had a chance to sit down with Dan Dicker today of the energy word. We talked about trading futures. And, uh, this is for stocks and translation. Episode drops tomorrow. Let's take a listen. Oil definitely does not belong in anyone's portfolio. I did it for, uh, I traded on the floor for 21 years and I still trade, uh, oil futures today. But I am a, you know, I am a trained professional. Do not try this at home. These are the kinds of markets where if you do want to have an investment in oil, and obviously I shepherd other investors who want to be engaged in the energy markets, so there is an oil part of that, you find stocks that have, you know, a relatively good, um, you know, compliance with the oil price, uh, oil companies. I tend to put people into infrastructure. It's a lot easier for them to understand and and, um, and leverage, uh, on in on the basis of an oil price. So there are ways to invest in oil prices without actually getting involved in the futures. Yeah. And so what I like about that, don't trade the futures unless you are not the faint of heart. He likes energy stocks in general, but he also was a big proponent of clean energy and I got a heat map for that here too. Uh, more of a mixed board today, but these have really taken off over the last month. There's a lot of headwinds with regulatory issues, Trump blocking the IRA, but in general, uh, futures, futures are kind of a dangerous thing to trade. Stocks not. Thank you, Jared. Appreciate it, my friend.
Yahoo
a day ago
- Business
- Yahoo
What to Expect From Broadcom's Next Quarterly Earnings Report
With a market cap of $1.4 trillion, Broadcom Inc. (AVGO) is a leading global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions. Its products power diverse applications across enterprise networking, data centers, broadband, mobile communications, industrial automation, and cybersecurity. The Palo Alto, California-based company is slated to announce its fiscal Q3 2025 earnings results on Thursday, Sept. 4. Ahead of this event, analysts expect Broadcom to report an EPS of $1.34, a 31.4% growth from $1.02 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in three of the past four quarters while missing on another occasion. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2025, analysts expect the chipmaker to report EPS of $5.47, marking an increase of 47.4% from $3.71 in fiscal 2024. Shares of Broadcom have surged 92.3% over the past 52 weeks, outpacing the broader S&P 500 Index's ($SPX) 17.2% return and the Technology Select Sector SPDR Fund's (XLK) 21.9% rise over the same period. Despite reporting better-than-expected Q2 2025 adjusted EPS of $1.58 and revenue of $15 billion on Jun. 5, Broadcom shares fell 5% the next day due to investor disappointment with its Q3 revenue forecast of around $15.8 billion, which only slightly exceeded analysts' estimate. Investors had high expectations fueled by the AI boom and Broadcom's $1 trillion valuation, leading to a negative reaction when the guidance failed to signal a stronger acceleration. Additionally, concerns over the slow ramp-up of its custom AI processor business, with Morgan Stanley noting only "two additional customers" contributing modestly, added to the cautious sentiment. Analysts' consensus view on Broadcom stock remains bullish, with a "Strong Buy" rating overall. Out of 36 analysts covering the stock, 32 recommend a "Strong Buy," one "Moderate Buy," and three "Holds." As of writing, the stock is trading below the average analyst price target of $298.55. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
Zacks Investment Ideas feature highlights: Broadcom, Vertiv and NVIDIA
For Immediate Release Chicago, IL – July 28, 2025– Today, Zacks Investment Ideas feature highlights Broadcom AVGO, Vertiv VRT and NVIDIA NVDA. Like Dividends? These 3 AI Stocks Pay Investors Dividends come with many great perks, with the payouts essentially reflecting a form of 'payday' in the market. Technology sector stocks are often overlooked by income-focused investors, as these companies commonly use spare cash to fuel further growth. But perhaps to the surprise of some, several stocks involved closely in the AI trade – Broadcom, Vertiv and NVIDIA – shell out dividend payments. For those interested in getting paid with some AI exposure, let's take a closer look at each. Vertiv Continues Momentum Vertiv provides services for data centers, communication networks, and commercial and industrial facilities with a portfolio of power, cooling, and IT infrastructure solutions and services. Analysts have dialed their current fiscal year EPS expectations higher over the past year thanks to bullish results stemming from strong demand, with the current $3.56 Zacks Consensus EPS estimate suggesting 25% YoY growth. Revenue estimates are bullish as well thanks to the red-hot demand, with Vertiv expected to see 18% YoY sales growth in its current fiscal year. While hares currently yield a modest 0.1% annually, the stock still reflects a strong play for those seeking a combination of growth and yield. Broadcom Posts Strong AI Revenue Broadcom is evolving a broad portfolio of technologies to extend its leadership in enabling next-generation AI infrastructure. This includes foundational technologies and advanced packaging capabilities aimed at building the highest performance, lowest power custom AI accelerators. The stock has long been a favorite among those seeking tech exposure paired with paydays, with the company's strong cash-generating abilities allowing it to consistently reward shareholders over its history. The company has upped its dividend payout six times over the past five years, translating to a sizable 13.3% five-year annualized dividend growth rate. Notably, AI revenue of $4.4 billion throughout its latest period showed big momentum, melting 46% higher year-over-year. Its cash-generating abilities also continued to remain strong, with free cash flow of $6.4 billion also reflecting a record and climbing 44% year-over-year. NVIDIA Remains Prime AI Pick Unrelenting demand for its Data Center products has provided NVIDIA with unprecedented growth over recent years. The AI favorite again came out with rock-solid results in its latest quarterly print, with Data Center sales of $39.1 billion climbing 73% from the $22.5 billion print in the same period last year. Like VRT, shares currently yield a modest 0.1% annually, a fraction relative to the S&P 500's yield of 1.2%. But while the yield may be muted, the stock remains the strongest play on the AI frenzy out there, providing a stellar blend of growth paired with income-generating abilities. Bottom Line Dividends come with great perks for investors, providing a passive income stream and the ability to maximize returns through dividend reinvestment. Although all three dividend-paying tech stocks above aren't high-yield, the bullish outlook for these companies' AI offerings can't be overlooked by income-focused investors seeking to join the frenzy. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadcom Inc. (AVGO): Free Stock Analysis Report Vertiv Holdings Co. (VRT): Free Stock Analysis Report
Yahoo
2 days ago
- Business
- Yahoo
Broadcom is no longer the 'poor man's Nvidia' in the AI race
Artificial intelligence (AI) continues to be a key theme of Big Tech earnings, as Alphabet (GOOG, GOOGL) kicked off "Magnificent Seven" earnings with very high additional AI capital expenditure (CapEx), a positive sign for AI chipmakers. Nancy Tengler, CEO and chief investment officer of Laffer Tengler Investments, and Stacy Rasgon, managing director and senior analyst at Bernstein, share their thoughts on two major AI chip players: Nvidia (NVDA) and Broadcom (AVGO). To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. I think you guys are on the same page when it comes to Nvidia. You've got a buy equivalent rating on it, Stacey. Nancy likes that one. Let's talk about Broadcom for a minute because Nancy, this is one that you've liked for a while. Um, do you still like it? What are you going to be looking for from Broadcom, Nancy, going forward? Yeah, we do, Julie. I mean, it's our largest holding across all of our large cap equity strategies, member of our 12 best, our five for 25. I think, uh, and it's outperformed Nvidia pretty handily over the last year, almost double the returns for Nvidia on a trailing one year. We've always called it the poor man's Nvidia. I think we're going to have to come up with a new name. But one of the things that we're going to be paying attention to is, of course, um, the AI revenues. We we've we've seen those compound at 60 plus percent. They've announced new partnerships. We want to hear more about that. Um, it seems that the rest of the business, the rest of the chip business may have bottomed. We'd like to hear some some information and and confirmation about that. And then I just think, you know, it's just going to be about the future guidance. And Hock Tan has demonstrated he can acquire companies, make them accretive quickly. We bought the stock when, uh, it sold off on the computer associates that used to be the name of the company they acquired. Wall Street didn't like it. They turned it around, made it a very positive acquisition. So we we'll be listening for that, too. Are there any acquisitions they're they're planning to make? And I certainly hope one of them is not Intel. Yeah, that would be something. Uh, Stacey, um, along with Nvidia, is Broadcom sort of, are those the sort of must-owns in the chip space? Yeah, I frankly, in in chips, it hasn't been great outside of AI, right? I mean, AI's been super strong. The analog, more diversified guys, like the people who were playing those on cyclical recovery, some of those prints so far this earning season have not not been so great. There's worries about pull forward and everything else. Again, you got companies like Intel which which frankly are a basket case. I mean, if it wasn't for AI, this space would not be doing very well. So I I do like the AI names. We cover Nvidia and Broadcom. I like them both. Um, Broadcom is is just more expensive than it used to be. That's the only only, you know, it was Right. I guess hence Nancy's comment that they're going to have to rename it from the poor man's video. Yeah, and look, you know, you got to remember Broadcom like not all that long ago was like 16 times earnings, like now it's like the multiple's like like doubled, right? Um, they are showing a lot of AI upside. A lot of that comes next year, but they they're clearly, I mean even the last earnings call a couple of months ago, they're clearly calling for upside in their AI revenues next year on more inference demand. They're a massive player on AI networking, right? So there's there there's a a big play there. And and and Nancy, I think, is right, they have the core semi business which admittedly has been lousy. They're not the only ones. Everybody in though in those kinds of markets has has been lousy. It it doesn't look like getting any worse at least. I we can we can argue about when it's going to start getting better. I don't know yet, but at least it isn't getting worse. Um, you know, if you're looking in in into the near term, I mean you could argue, again, we we like both stocks. Nvidia is cheaper. And you know, you know, they just they just got their China licenses, um, reinstated, so there's probably more upside to their AI numbers this year for Nvidia versus Broadcom. I think the Broadcom AI upside comes next year and Broadcom's a little more expensive. Um, and then there's a whole ASIC versus, you know, GPU debate. But I I think you can own them both. Like I I I like them both. And again, AI is the only thing in semis right now that fundamentally is really working.
Yahoo
2 days ago
- Business
- Yahoo
Broadcom is no longer the 'poor man's Nvidia' in the AI race
Artificial intelligence (AI) continues to be a key theme of Big Tech earnings, as Alphabet (GOOG, GOOGL) kicked off "Magnificent Seven" earnings with very high additional AI capital expenditure (CapEx), a positive sign for AI chipmakers. Nancy Tengler, CEO and chief investment officer of Laffer Tengler Investments, and Stacy Rasgon, managing director and senior analyst at Bernstein, share their thoughts on two major AI chip players: Nvidia (NVDA) and Broadcom (AVGO). To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Related videos How to qualify for two state pensions – and get increases for life How 15,000 family businesses could collapse in pensions tax raid How to target an ISA that spits out £1,000 of passive income a month 10 shares I wouldn't want to hold in a stock market crash Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
