Here’s why Broadcom stock fell 4% after rising due to better-than-expected earnings
Shares Slip After AI Sales Outlook Falls Short Shares of Broadcom fell about 4% after investors reacted to a cautious outlook for AI-related sales. The company still reported strong earnings and raised its dividend, but guidance on future AI revenue didn’t match investor expectations. Strong Results, Bigger Payouts Broadcom posted solid financial results and announced … Read more