Broadcom Inc. - Common Stock (AVGO)
294.00
+4.40 (1.52%)
NASDAQ · Last Trade: Aug 23rd, 9:26 AM EDT
Detailed Quote
| Previous Close | 289.60 |
|---|---|
| Open | 291.74 |
| Bid | 294.70 |
| Ask | 294.90 |
| Day's Range | 289.01 - 300.09 |
| 52 Week Range | 134.90 - 317.35 |
| Volume | 16,301,517 |
| Market Cap | 136.71B |
| PE Ratio (TTM) | 110.11 |
| EPS (TTM) | 2.7 |
| Dividend & Yield | 2.360 (0.80%) |
| 1 Month Average Volume | 17,531,558 |
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About Broadcom Inc. - Common Stock (AVGO)
Broadcom Ltd is a global technology company that designs, develops, and supplies a wide range of semiconductor and infrastructure software solutions. The company specializes in producing chips that facilitate communication and data processing across various devices and networks, including those used in smartphones, enterprise storage systems, broadband access, and data centers. Additionally, Broadcom offers software solutions that enable businesses to optimize their operations, manage network security, and enhance performance across cloud-based and on-premises environments. Through its comprehensive portfolio, Broadcom plays a critical role in advancing connectivity and computing technologies in various industries. Read More
News & Press Releases
The U.S. stock market has been on an exhilarating ascent in 2025, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieving significant milestones, including multiple new all-time highs. This robust performance is largely fueled by a wave of investor optimism, buoyed by expectations of
Via MarketMinute · August 22, 2025
The company is in the midst of the artificial intelligence (AI) revolution, and benefiting accordingly.
Via The Motley Fool · August 22, 2025
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Via StockStory · August 22, 2025
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Via StockStory · August 22, 2025
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Via StockStory · August 22, 2025
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 7% in the afternoon session after Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut, which boosted investor appetite for riskier assets like cryptocurrencies. The positive turn in sentiment came after Federal Reserve Chair Jerome Powell's speech in Jackson Hole, where he hinted at the possibility of an interest rate cut as soon as next month.
Via StockStory · August 22, 2025
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 7.4% in the afternoon session after Federal Reserve Chair Jerome Powell's dovish remarks signaled that interest rate cuts may be warranted. Federal Reserve Chair Jerome Powell struck a notably dovish tone, signaling that interest rate cuts may be warranted if the economic slowdown deepens. This pivot is significant for high-growth companies like SoFi, which are sensitive to interest rate expectations. Lower rates reduce the discounting effect on future earnings and decrease borrowing costs, bolstering valuations for growth stocks.
The favorable macro environment comes as SoFi has demonstrated strong underlying performance. The company's stock has already risen significantly this year, supported by factors including a robust second-quarter performance and impressive growth in its lending platform. Following its recent results, Mizuho raised its price target for SoFi to $26, and Needham increased its target to $25, maintaining a Buy rating.
Via StockStory · August 22, 2025
Shares of customer engagement platform Braze (NASDAQ:BRZE) jumped 3.9% in the afternoon session after the broader market rallied as Federal Reserve Chair Jerome Powell indicated that interest rates could be cut. Powell's comments, delivered at the Jackson Hole Economic Policy Symposium, indicated that the central bank might adjust its policy due to a "shifting balance of risks" to employment and inflation. He noted that economic growth has slowed and the labor market is weaker than previously thought. This signal that the Federal Reserve could begin cutting interest rates, after holding them steady throughout 2025, sparked a significant relief rally across the stock market. Tech stocks were particularly strong, with major indices like the S&P 500 and Nasdaq Composite jumping significantly on the news.
Via StockStory · August 22, 2025
Shares of digital advertising platform The Trade Desk (NASDAQ:TTD) jumped 3.2% in the morning session after Federal Reserve Chair Jerome Powell indicated potential interest rate cuts could be coming. The broader market, particularly the tech sector, surged after Federal Reserve Chair Jerome Powell indicated that interest rate cuts could be on the horizon. The tech-heavy Nasdaq Composite jumped 1.9% on the news, lifting growth-sensitive stocks like The Trade Desk.
Via StockStory · August 22, 2025
Shares of digital ad verification company DoubleVerify (NYSE:DV) jumped 3.2% in the afternoon session after the broader market rallied as Federal Reserve Chair Jerome Powell signaled that interest rate cuts could be on the horizon. The positive sentiment swept through Wall Street, with major indices like the Dow Jones Industrial Average, S&P 500, and Nasdaq all jumping significantly. Powell's indication that the central bank might consider cutting rates provided a huge sense of relief for investors, fueling a widespread rally. Adding to the positive momentum for DoubleVerify, analysts at Craig Hallum reiterated their 'Buy' rating on the stock. This combination of a strong market tailwind and company-specific positive analyst sentiment helped lift the shares.
Via StockStory · August 22, 2025
Shares of mobile app technology company AppLovin (NASDAQ:APP) jumped 5.1% in the afternoon session after the company's shares rose amid a broad market rally sparked by dovish comments from the Federal Reserve, with the move also supported by a price target increase from Wells Fargo. The positive momentum was supported by an analyst action from the previous day. Wells Fargo analyst Alec Brondolo maintained an "Overweight" rating on AppLovin's stock while increasing the price target to $491 from $480. The analyst's raised revenue estimates for 2026 and 2027 are reportedly due to rising web traffic to AppLovin's customer sites and the company attracting larger clients. This company-specific optimism was amplified by a broad market rally after Federal Reserve Chair Powell's remarks that "downside risks to employment are rising," which investors interpreted as a dovish shift, boosting equities across the board.
Via StockStory · August 22, 2025
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Via StockStory · August 22, 2025
Shares of digital advertising platform Magnite (NASDAQ:MGNI) jumped 5.5% in the afternoon session after the broad market rallied as Federal Reserve Chair Jerome Powell signaled that interest rate cuts could be coming. The broader market surged after Federal Reserve Chair Jerome Powell indicated that interest rate cuts could be on the horizon. During his speech at the Jackson Hole Economic Policy Symposium, Powell noted that the "shifting balance of risks" to the economy might justify adjusting the Fed's policy stance. This news was welcomed by investors, sparking a significant rally across major indexes like the Dow, S&P 500, and Nasdaq.
Via StockStory · August 22, 2025
Shares of medical professional network Doximity (NYSE:DOCS) jumped 5.1% in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. The broader market experienced a significant upswing after the head of the U.S. Federal Reserve suggested that interest rate cuts, which investors have been anticipating, might be on the horizon. This positive sentiment lifted major indices, with the S&P 500 jumping 1.4% and the Dow Jones Industrial Average soaring over 700 points. Doximity's stock appears to be rising in line with this widespread market optimism, as investors reacted favorably to the potential for a more accommodating monetary policy.
Via StockStory · August 22, 2025
The Vanguard S&P 500 Growth ETF has especially high weightings in select "Ten Titans" stocks.
Via The Motley Fool · August 22, 2025
Via Benzinga · August 22, 2025
A big-time new price target and mention within a $100 billion announcement from a Magnificent Seven peer has Broadcom back in the news. Check out the details.
Via MarketBeat · August 22, 2025
Custom chipmaker Broadcom (NASDAQ: AVGO) is riding the AI boom with soaring demand for its networking solutions, but faces EU regulatory challenges.
Via Benzinga · August 22, 2025
The titans of the technology sector, particularly those at the forefront of the artificial intelligence revolution, have recently experienced a period of significant market turbulence. While Thursday, August 21, 2025, offered a relatively steadier performance for bellwethers like Nvidia (NASDAQ: NVDA) compared to the sharp swings seen earlier in the
Via MarketMinute · August 21, 2025
Shares of work management platform Asana (NYSE:ASAN) fell 3.3% in the morning session after a broader market downturn impacted the technology sector, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell.
Via StockStory · August 21, 2025
Shares of business intelligence platform Domo (NASDAQ:DOMO) fell 4.6% in the pre-market session after a broader market downturn impacted the technology sector, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell.
Via StockStory · August 21, 2025
A number of stocks fell in the morning session after President Donald Trump announced his administration would not approve new solar or wind power projects, causing a sell-off in the renewable energy sector. The move came after President Donald Trump posted on his social media platform, Truth Social, that "We will not approve wind or farmer destroying Solar," adding, "The days of stupidity are over in the USA!!!" This statement escalated his campaign against renewable energy development. The remarks prompted a sector-wide sell-off, pressuring solar and wind stocks broadly. Other renewable energy companies also saw their shares plummet following the announcement, reflecting investor concern over the future of green energy projects under his administration.
Via StockStory · August 21, 2025
Shares of residential solar energy company Sunrun (NASDAQ:RUN) fell 7.8% in the afternoon session after President Donald Trump announced his administration would not approve new solar or wind power projects, causing a sell-off in the renewable energy sector.
Via StockStory · August 21, 2025
Shares of EV charging solutions provider ChargePoint Holdings (NYSE:CHPT)
fell 3.2% in the afternoon session after President Donald Trump announced his administration would not approve new solar or wind power projects, causing a sell-off in the renewable energy sector.
Via StockStory · August 21, 2025
Meta stock was falling again Thursday on a report that it is freezing AI-related hiring after a spending splurge.
Via Investor's Business Daily · August 21, 2025