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Broadcom’s stock drops 5% as weak guidance overshadows earnings beat
The chipmaker beat quarterly estimates but forecast $34.8 billion in fiscal fourth-quarter revenue, below the $35.03 billion analysts expected, LSEG said.
Summary by Ground News
7 Articles
7 Articles
Chip stocks showing some optimism ahead of Broadcom's earnings
Broadcom's stock drops 5% as weak guidance overshadows earnings beat
Broadcom gave a disappointing revenue forecast for the current quarter.
Coverage Details
Total News Sources7
Leaning Left2Leaning Right1Center3Last Updated50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
Factuality
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