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PALO ALTO — Broadcom shares hit another all-time high Friday, climbing $56.05 to close at $1,735.04. The company soared after reporting second quarter results and a 10-for-1 stock split. For the fiscal second quarter, Broadcom reported revenue of $12.487 billion for the second quarter, up 43 percent from the prior year period. Net income was […]
Super Micro Computer shares soared Thursday 12.44% to close at $871.10. The huge increase came with no news coming from the San Jose-based company but likely rose in tandem with Broadcom, which also soared 12.2% today after announcing a 10-for-1 stock split and strong earnings. Track all markets on TradingView Super Micro is a Total […]
SANTA CLARA — Applied Materials announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the company’s common stock. The dividend is payable on Sept. 12, 2024 to shareholders of record as of Aug. 22, 2024. The cash dividend is a key component of Applied’s capital allocation […]
Shares in Lam Research hit an all-time high on Monday, reaching $1,008.50. Shares dropped $3.32 on Tuesday to close at $999.75. Based in Fremont, Lam Research is a leading manufacturer of wafer-fabrication equipment for the semiconductor industry. The company announced last week a 10-for-1 stock split to be effective after market close on Wednesday, October […]
Apple gained over $200 billion in market cap in just one day Tuesday. Shares in the second most valuable company rocketed over $14 after announcing new artificial intelligence features in upcoming software for iPhones, iPads and Macs. Apple’s market cap ended the day at $3.176 trillion, about $400 billion from Microsoft with $3.216 trillion. Track […]
SAN FRANCISCO — Shares in online discussion forum Reddit surged over 16% Tuesday in after-hours trading when the company released first quarter earnings for 2024. This was the first earnings report for Reddit as a publicly-traded company. “It was a strong start to the year and a milestone quarter for Reddit and our communities as […]
It was a spectacular trading day for three major Silicon Valley companies led by NVIDIA, which reported blockbuster earnings on Wednesday afternoon. Shares in NVDA climbed $110.53 or 16.4% to close at $785.25. Track all markets on TradingView Both AMD and Super Micro climbed on the good news from NVIDIA. Track all markets on TradingView […]
Palo Alto Networks stock lost 28% Wednesday after releasing earnings the day before and reducing its full-year guidance. Shares in the company dropped $104 to close at $261.97. Track all markets on TradingView