Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

(Reuters) -Chipmaker Broadcom (AVGO) forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading. The Irvine, California-based company expects revenue of around $14 billion, while analysts polled by LSEG…

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Why It's So Hard to Fully Block X in Brazil

Why It’s So Hard to Fully Block X in Brazil

The social network X has been largely inaccessible in Brazil since Saturday, after the country’s Supreme Court ordered all mobile and internet service providers to block the platform. The court order followed a months-long dispute between Judge Alexandre de Moraes and X CEO Elon Musk over the company’s misinformation, hate speech, and moderation policies. With…

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Over 560,000 Affected By "Unprecedented" Yemen Floods: UN

Over 560,000 Affected By “Unprecedented” Yemen Floods: UN

Dozens of houses have either been damaged or destroyed. (File) Dubai: Severe flooding and violent windstorms have affected 562,000 people across Yemen in recent weeks, the International Organization for Migration (IOM) said Thursday, appealing for $13.3 million in donations amid a funding shortfall. The “unprecedented weather events” have compounded suffering in the Arabian Peninsula’s poorest…

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Israel-Gaza war live: Hamas accuses Netanyahu of trying to ‘thwart’ ceasefire and hostage deal | Israel-Gaza war

Israel-Gaza war live: Hamas accuses Netanyahu of trying to ‘thwart’ ceasefire and hostage deal | Israel-Gaza war

Key events Show key events only Please turn on JavaScript to use this feature Israel’s security agency Shin Bet has published figures suggesting that August saw more rockets fired into Israeli-controlled territory from Lebanon than any other month since the Hamas attack launched on southern Israel on 7 October last year. The Times of Israel…

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A digital shield on top of a motherboard.

5 Top Stocks to Buy in September

Whether it’s the smell of pumpkin spice lattes, the last barbecue of the summer, the start of the football season, or the change in the weather — there are plenty of signs that fall is in the air. In the investing world, that means it’s the perfect time to get your portfolio in order so…

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