Broadcom Gets Mixed Reactions As Modest Earnings Beat Sparks Profit-Taking

How did Musk-Trump feud impact Tesla stock? What’s behind the S&P 500 hitting 6,000? Why is China easing rare earth export controls? How will US-China trade talks in London affect markets? What caused Lululemon’s stock to crash? Why are companies scaling back Pride Month celebrations? What’s the effect of tariffs on US small businesses?

Broadcom Gets Mixed Reactions As Modest Earnings Beat Sparks Profit-Taking

benzinga.com/analyst-stock-ratings/reiteration/25/06/45823387/broadcom-gets-mixed-reactions-as-modest-earnings-beat-sparks-profit-taking

Wall Street analysts rerated Broadcom Inc (NASDAQ: AVGO) after it reported second-quarter financial results on Thursday. The company reported second-quarter revenue of $15 billion, up 20%, beating analyst estimates of $14.99 billion, driven by continued momentum in AI semiconductor…

This story appeared on benzinga.com, 2025-06-06 20:15:03.