Broadcom Stock Faces Valuation Test as Fiscal Q3 Earnings Approach
Broadcom stock is in the spotlight as it prepares to publish its financial results. Here's what to expect when the numbers come out
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Broadcom, Dell and Snowflake headline a huge tech week, but the biggest implied earnings moves belong to MongoDB, Brown-Forman and eight other names.
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Broadcom stock is in the spotlight as it prepares to publish its financial results. Here's what to expect when the numbers come out
Read original at benzingaMarvell Technology stock fell 10.28% despite beating Q2 earnings estimates with 37% sales growth and 50% EPS growth. The decline was driven by investor disappointment over softer fiscal 2028 guidance and lack of details on the Google partnership deal. The stock trades at a lofty 53x forward earnings valuation, and analysts expect more clarity at the company's October Investor Day.
Read original at the-motley-foolBroadcom stock fell on Friday as potential semiconductor tariffs sparked fresh supply chain concerns across AI data center infrastructure ahead of its Q3 earnings.
Read original at benzingaTrump considers 7.5% tariff on Chinese goods targeting excess industrial capacity, while trying to maintain trade truce with China.
Read original at benzingaTrump's 50% Canada tariffs revive concerns for US alcohol stocks including Brown-Forman, Constellation Brands and Molson Coors.
Read original at benzingaJP Morgan analyst Drew Levine maintains Brown-Forman (NYSE:BF) with a Underweight and raises the price target from $23 to $26.
Read original at benzinga