Check out the companies making headlines before the bell: Broadcom — The chipmaker jumped 10.4% after beating both lines for the third fiscal quarter. The company also said its artificial intelligence-related revenue surged 63%. Lululemon Athletica — The athleisure company sank 19% after its full-year guidance missed estimates . Lululemon expects fiscal-year earnings of $12.77…
My top 10 things to watch Friday, Sept. 5 1. President Donald Trump meets, touts, and tortures. During a dinner at the White House Thursday night with more than two dozen tech execs, Trump again warned he would soon impose “fairly substantial” semiconductor tariffs without indicating how they will work or what it means. Apple…
Wall Street expects Broadcom to post 34% year-over-year growth in adjusted earnings per share for the fiscal third quarter. (Bloomberg) — Investors worried about faltering momentum in the artificial intelligence trade are looking for a spark from Thursday’s earnings report by the world’s hottest chipmaker: Broadcom Inc. Most Read from Bloomberg But after the more…
Broadcom on Thursday evening reported a strong quarter and a solid guide. But the stock really got going after CEO Hock Tan talked about $10 billion in custom AI-related orders from a new customer. Revenue in the fiscal 2025 third quarter, which ended Aug. 3, increased 22% year over year to $15.95 billion, ahead of…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : The major averages are trading higher, with the Dow leading the way as it looks to snap three-day losing streak. The positive moves…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The stock market gained ground Thursday after the ADP private sector jobs report showed much weaker-than-expected hiring in August. The data boosted the already near 100% market odds on…
My top 10 things to watch Thursday, Sept. 4 1. Wall Street was headed for a mixed open this morning after the August ADP report job growth at U.S. companies was much slower expected. Private payrolls increased by just 54,000 for last month versus estimates of 75,000 additions. Will tomorrow’s government employment report show the…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. Communication services The sector soared…
My top 10 things to watch Tuesday, Sept. 2 1. New tariff drama was setting Wall Street up for a sharply lower open this morning. The S & P 500 finished lower Friday but higher for the fourth straight month. Embarking on the first day of trading in September, historically the worst month of the…
The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy earnings reports within the broader…