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Zacks News
Broadcom is a premier designer, developer and global supplier of a broad range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products. The company was formed following the completion of the merger of Avago and Broadcom Corporation on Feb 1, 2016. Headquarters are in San Jose, CA. Broadcom has been aggressively pursuing strategic acquisitions to diversify end markets beyond semiconductors. The company is looking to strengthen presence in the infrastructure software vertical particularly. This strategy is enabling the company to improve the top line. Buyouts of CA and Symantec’s enterprise security business remain noteworthy.
The Zacks Analyst Blog Highlights Broadcom, CrowdStrike, Synopsys, MongoDB and Palo Alto
by Zacks Equity Research
Broadcom, CrowdStrike, Synopsys, MongoDB and Palo Alto have been included in this Analyst Blog.
SAP's Q2 Earnings Decline Y/Y, Revenues Up on Cloud Strength
by Zacks Equity Research
SAP SE (SAP) second-quarter 2022 results reflect continued momentum in its cloud business. However, the company lowered operating profit outlook owing to Ukraine war.
BlackBerry (BB) & LeapXpert Team Up to Tackle Cyber Attacks
by Zacks Equity Research
BlackBerry (BB) collaborates with LeapXpert to enable the BlackBerry Dynamics platform on popular messaging applications amid rising cyber-attacks
Badger Meter (BMI) Q2 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Badger Meter (BMI) second-quarter revenues and earnings gain from robust customer demand and price realization amid supply-chain challenges.
The Zacks Analyst Blog Highlights Tesla, Chevron, Exxon Mobil, Broadcom and UnitedHealth Group
by Zacks Equity Research
Tesla, Chevron, Exxon Mobil, Broadcom and UnitedHealth Group have been included in this Analyst Blog.
Mercury (MRCY) Grabs Radar Testing System Deal From Leonardo UK
by Zacks Equity Research
Mercury Systems (MRCY) has secured a contract to provide radar testing and simulation systems for factory testing Leonardo's innovative E-scan radar, which is being developed in the United Kingdom.
5 Tech Bigwigs to Tap Nasdaq Composite's Recent Rally
by Nalak Das
We have narrowed our search to five Nasdaq Composite listed technology bigwigs. These are: CRWD, MDB, AVGO, SNPS and PANW.
Broadcom Inc. (AVGO) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Broadcom Inc. (AVGO) closed at $511.77 in the latest trading session, marking a +0.54% move from the prior day.
Itron (ITRI) Expands Engage Partner Program to APAC Region
by Zacks Equity Research
Itron (ITRI) launches Itron Engage Sales Channel Partner Program to provide tools, training and support for the company's solutions to utilities and municipalities in APAC.
Can Broadcom Inc. (AVGO) Climb 35% to Reach the Level Wall Street Analysts Expect?
by Zacks Equity Research
The consensus price target hints at a 34.9% upside potential for Broadcom Inc. (AVGO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here is What to Know Beyond Why Broadcom Inc. (AVGO) is a Trending Stock
by Zacks Equity Research
Recently, Zacks.com users have been paying close attention to Broadcom Inc. (AVGO). This makes it worthwhile to examine what the stock has in store.
July Rally May Indicate the Peak of U.S. Inflation: 5 Picks
by Nalak Das
We have narrowed our search to five U.S. corporate bigwigs with strong potential for the rest of 2022. These are: TSLA, UNH, CVX, XOM and AVGO.
NCR Stock Rallies 13% on Veritas Capital Takeover Report
by Zacks Equity Research
If Veritas Capital succeeds in concluding a takeover deal for NCR, it is likely to be one of the biggest leveraged buyouts in recent history.
Here's Why Investors Need to Retain FLEX in the Portfolio
by Zacks Equity Research
FLEX is benefiting from higher demand for its solutions across end markets like automotive and industrial.
Sensata (ST) Unveils Passive Inceptor to Tap eVOTL Market
by Zacks Equity Research
Sensata Technologies (ST) launches fly-by-wire inceptor for electric vertical take-off and landing (eVTOL) aircraft.
CACI Wins $80M Army Contract for Tactical Intelligence Support
by Zacks Equity Research
CACI wins an $80-million contract from the U.S. Army's INSCOM and MIB to provide tactical intelligence and analytical expertise for the Army's aerial intelligence, surveillance and reconnaissance missions.
Cadence (CDNS) & TSEM to Aid Clients to Develop Advanced ICs
by Zacks Equity Research
Cadence Design Systems (CDNS) and Tower Semiconductor (TSEM) collaborate to develop an automotive reference design flow using Cadence's Virtuoso Design Platform and Spectre Simulation Platform.
ANSYS (ANSS) Assists NASCAR to Conduct Virtual Crash Tests
by Zacks Equity Research
ANSYS (ANSS) simulation solutions are being leveraged by NASCAR to reduce material costs and accelerate validation time using virtual crash tests.
Sabre (SABR) SynXis to Boost Posadas' Distribution Strategy
by Zacks Equity Research
Utilizing Sabre's (SABR) SynXis platform, Mexico's leading hotel operator, Posadas, is likely to expand its global reach and accelerate revenue growth through an advanced distribution strategy.
NICE's Evidencentral Platform Selected By Washington Agencies
by Zacks Equity Research
NICE recently announced that selected solutions from its Evidencentral platform are set to be deployed by multiple countywide agencies from the Washington state.
Ciena's (CIEN) Optics Solutions Used by Brazil's Mob Telecom
by Zacks Equity Research
Ciena's (CIEN) Waveserver 5 platform, powered by WL5e coherent optics, is being deployed by Mob Telecom.
Should You Invest in the iShares Semiconductor ETF (SOXX)?
by Zacks Equity Research
Sector ETF report for SOXX
Broadcom Inc. (AVGO) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Broadcom Inc. (AVGO) closed at $484.64 in the latest trading session, marking a +0.6% move from the prior day.
Sensata's (ST) Dynapower Buyout to Aid Clean Energy Transition
by Zacks Equity Research
The acquisition of Dynapower will give Sensata (ST) access to its lucrative addressable markets, including energy storage and power conversion systems and green hydrogen production.
NetApp (NTAP) Ties Up With Porsche to Boost Team Performance
by Zacks Equity Research
NetApp (NTAP) partners with TAG Heuer Porsche Formula E Team to help the team make data-driven decisions in real time and enhance the car's overall performance.