Nasdaq 100 futures tumbled 3.45%. Those are off their worst levels.The 10-year Treasury yield tumbled to 4.53%.A China manufacturing index unexpectedly fell 1 point to 49.1, back below the neutral 50-day level.
Broadcom shows strong growth in AI, software, and hardware, with robust financial performance and strategic acquisitions, making it a promising investment. Read more here.
Global spending on artificial intelligence (AI) is expected to remain solid in 2025, with market research firm IDC estimating that organizations are likely to pour $337 billion into this technology as they integrate AI tools into their business operations.
Shares of semiconductor giant Broadcom (AVGO) have almost doubled over the past year. Invest with Confidence: Follow TipRanks' Top Wall Street
Broadcom stock price is one of the many US tech giants down by double digits as the Chinese startup DeepSeek's undercutting brings headwinds.
(Reuters) -Futures linked to the tech-heavy Nasdaq tumbled on Monday as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to benefit from investments into the technology.
During its 2024 third quarter, Palantir’s revenue jumped 30 percent to $725.5 million, with U.S. commercial revenue growing 54 percent. The growth was “driven by unrelenting AI demand that won’t slow down,” according to CEO Alexander C. Karp.
The sharp drop is primarily due to the sudden rise in popularity of China’s DeepSeek AI startup, which has shaken the market with its low-cost infrastructure. Built using chips that are a fraction of the cost compared to those used by US AI companies, DeepSeek caused a major market shift.
Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.
We recently published a list of 10 Best Stocks to Buy for High Returns in 2025. In this article, we are going to take a look at where Broadcom Inc.
Solidigm extends deal with Broadcom to use high-capacity SSD controllers for AI and data-intensive workloads. Broadcom stock surged 92% in the last 12 months.
The crypto market saw a huge plunge in the early hours of Monday’s trading session, causing declining prices for Bitcoin (BTC), altcoins, and AI coins. The market decline comes after China’s Artificial Intelligence (AI) startup DeepSeek released low-cost AI models, rivaling GPT-4 and Claude.