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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.
Broadcom Showcases NVMe/FC Solution With VMware & NetApp
by Zacks Equity Research
Broadcom (AVGO) along with NetApp and VMware showcases NVMe over Fibre Channel ("NVMe/FC") offering. This new development is expected to up the ante in storage considerably.
Why the Earnings Surprise Streak Could Continue for Broadcom Inc. (AVGO)
by Zacks Equity Research
Broadcom Inc. (AVGO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Bull of the Day: Mellanox Technologies (MLNX)
by Kevin Cook
Found in half of the top ten supercomputers, this maker of datacenter hardware is a steal with a PEG under 1.0
QUALCOMM Settles Anti-Trust Dispute With Taiwan Regulators
by Zacks Equity Research
QUALCOMM (QCOM) will drive certain commercial initiatives in Taiwan for the benefit of the mobile and semiconductor ecosystem, SMEs and consumers, including 5G collaborations and new market expansion.
CA's Q1 Earnings and Revenues Fall Short of Expectations
by Zacks Equity Research
CA Inc, (CA) reports disappointing first-quarter fiscal 2019 results as both the top and the bottom lines miss estimates.
Can Telecom Stocks Defy Tariff Ergonomics With Solid Q2?
by Supriyo Bose
The current earnings season is likely to play a key role in establishing the dominance of the U.S. telecom firms amid key trade challenges.
Amazon Roundup: Prime Day, Network Switches, PillPack, More
by Sejuti Banerjea
Amazon's (AMZN) Prime Day, its rumored entry into the network switching business and its PillPack acquisition are the top stories in this roundup.
The Zacks Analyst Blog Highlights: PepsiCo, Eli Lilly, Broadcom, Biogen and Marathon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: PepsiCo, Eli Lilly, Broadcom, Biogen and Marathon
Broadcom to Acquire CA: Tech ETFs in Focus
by Sweta Killa
The announced acquisition has put the spotlight on a few technology ETFs focusing on either semiconductor or software.
Company News For Jul 13, 2018
by Zacks Equity Research
Companies In The News are: CA,AVGO,DAL,PZZA,COST
Match Group, Papa John's International, Broadcom, CA and IBM highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Match Group, Papa John's International, Broadcom, CA and IBM highlighted as Zacks Bull and Bear of the Day
Top Analyst Reports for PepsiCo, Eli Lilly & Broadcom
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including PepsiCo (PEP), Eli Lilly (LLY) and Broadcom (AVGO).
Bank Earnings Preview, & Trending Stocks: AVGO, NFLX, AMZN | Free Lunch
by Ryan McQueeney
Ryan McQueeney touches on the latest analyst sentiment and investor reactions to news affecting trending stocks like Broadcom (AVGO), Netflix (NFLX), and Amazon (AMZN). Later, he is joined by Dave Bartosiak to preview Friday morning's big bank earnings reports.
Here's Why Broadcom (AVGO) Stock Is Crashing Today
by Ryan McQueeney
Shares of Broadcom Limited (AVGO) tumbled about 17% in early morning trading Thursday after the chip manufacturer announced the surprise acquisition of CA Inc. (CA) in a deal valued at $18.9 billion.
Broadcom (AVGO) Enters Into a Definite Agreement to Buy CA
by Zacks Equity Research
The leading chipmaker Broadcom (AVGO) recently inked a deal to acquire CA Inc for $18.9 billion in cash.
Broadcom Is Buying CA to Expand Into Infrastructure Software
by Sejuti Banerjea
Semiconductor giant Broadcom (AVGO) is buying mainframe software provider CA Inc (CA) for $18.9 billion or $44.50 per share in cash.
Xiaomi Flops on Debut: Will Tech Fall Victim to Trade War?
by Ritujay Ghosh
Xiaomi's disappointing debut comes as a time when the U.S.-China trade war has just begun. At the same time, Chinese stocks have been taking a hit with the Shanghai Composite Exchange officially entering bear market in the last week of June.
US Fires Tariff, Wages Trade War With China: Winners & Losers
by Ritujay Ghosh
If President Trump does what he said he will do, the trade war will only intensify. It's a prerequisite that we see who gains and who loses from the situation.
Broadcom (AVGO) Strengthens Ties With HPE in Storage Server
by Zacks Equity Research
Broadcom's (AVGO) strengthening collaboration with HPE makes it well poised to expand data center server storage capabilities.
Stock Market News For Jun 20, 2018
by Zacks Equity Research
Markets ended sharply lower on Tuesday, as trade war fears escalated once again.
Will Tech Companies Manage to Survive a U.S.-China Trade War?
by Ritujay Ghosh
Given that China accounts for a large portion of revenues for a number of U.S. tech companies, which include chipmakers, mobile phones and technology-based service providers, there are high chances of these players suffering significantly.
Why Micron (MU) Stock Is a Strong Buy Ahead of Earnings
by Benjamin Rains
Shares of Wall Street superstar Micron (MU) opened slightly lower on Monday, just two days before the company is set to release its third-quarter fiscal 2018 financial results. So let's take a look to see why the semiconductor giant looks like a strong buy stock that investors might want to consider scooping up before Micron reports on Wednesday afternoon.
Broadcom Retrenches 1,100 Employees Post Brocade Buyout
by Zacks Equity Research
Broadcom (AVGO) lays off around 1,100 employees after completion of Brocade buyout in a bid to restructure business and bring about a reduction in costs.
Broadcom (AVGO), HPE Collaborate To Showcase U.3 Platform
by Zacks Equity Research
Broadcom (AVGO) in collaboration with HPE will demonstrate U.3 reference platform, SFF-TA-1001 at HPE Discover.
Reasons Why You Should Get Rid of Broadcom (AVGO) Stock Now
by Zacks Equity Research
If you are still holding on to shares of Broadcom (AVGO) in your portfolio, it is time you dump them right now.