Why Broadcom (AVGO) Shares Are Falling Today

Why Broadcom (AVGO) Shares Are Falling Today

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 4.2% in the morning session after stocks in the semiconductor sector pulled back, driven by underwhelming news from key industry peers. The decline appears linked to investor reaction to AI-chip leader Nvidia’s recent earnings report, which, despite a positive forecast, failed to exceed Wall Street’s…

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Why Robinhood (HOOD) Shares Are Falling Today

Why Robinhood (HOOD) Shares Are Falling Today

Shares of financial services company Robinhood (NASDAQ:HOOD) fell 3.5% in the afternoon session after the company was passed over for inclusion in the prestigious S&P 500 index. The stock fell after S&P Dow Jones Indices announced that Interactive Brokers Group would be added to the index instead. This decision disappointed Wall Street, as Robinhood was…

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Why Broadcom (AVGO) Shares Are Falling Today

Why Broadcom (AVGO) Shares Are Falling Today

Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 3.1% in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market’s largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the “AI trade,” which…

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Why Nvidia (NVDA) Stock Is Falling Today

Why Nvidia (NVDA) Stock Is Falling Today

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.5% in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve’s Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in…

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