Wednesday, February 28th, 2024This morning, economic prints are mostly in anticipation of Thursday morning’s all-important Personal Consumption Expenditures (PCE), which is the Fed’s preferred gauge of inflation. Q4 GDP, Consumption and the Pricing Index are all updated with an initial revision this morning. Pre-market futures went from being negative in the triple digits on the Dow to negative in double digits upon the numbers reported.The first revision to Q4 GDP came in 10 basis points (bps) light of est ...

According to NextEarningsDate.com, the Broadcom AVGO next earnings date is projected to be 3/7 after the close, with earnings estimates of $10.26/share on $11.71 Billion of revenue.Looking back, the recent Broadcom earnings history looks like this:AVGOtickertechThe company has an impressive long-term earnings per share chart:AVGOtickertechAnd with equally impressive revenue growth:AVGOtickertechBut earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors dige ...

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Mobile World Congress 2024 -- Today, VMware, recently acquired by Broadcom Inc., announced significant new developments across its 5G, SD-WAN, SASE and Edge Compute, collectively the Software-Defined Edge portfolio, to enable Communications Service Providers (CSPs) to modernize their networks and create new monetizable services. The new developments are also co-innovated with ecosystem partners and enable enterprises to run workloads at the edge at scale w ...

BARCELONA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Today at Mobile World Congress (MWC) 2024, VMware, recently acquired by Broadcom Inc., highlighted Communications Service Providers (CSPs) deploying VMware Telco Cloud and VMware Service Management and Orchestration (SMO) solutions as well as co-innovations with its partner ecosystem to help global CSPs to modernize their networks and create monetizable services quickly. Through advancements that enable network programmability, optimize network performance, and t ...

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Mobile World Congress 2024 — Today, VMware, recently acquired by Broadcom Inc., announced a compelling proof of concept (POC) to be demonstrated at Mobile World Congress in Barcelona, highlighting a new technical collaboration with Vodafone (NASDAQ:VOD). The joint effort showcases the benefits of applying network programmability and intelligence into the Radio Access Network (RAN), enhancing overall performance for customers. The emergence and rapid expans ...

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Mobile World Congress 2024 — VMware, recently acquired by Broadcom Inc., today announced that DISH Wireless has deployed VMware Telco Cloud Service Assurance across the Boost Wireless Network in a pilot production environment to deliver real-time network monitoring, assurance and automation, providing a superior 5G network and subscriber experience. "DISH Wireless runs its network traffic in a multi-vendor, cloud native environment and has launched more th ...

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Mobile World Congress 2024 -- Singtel and VMware, recently acquired by Broadcom Inc., are partnering to enable enterprises to seamlessly manage their connectivity and cloud infrastructure through Singtel Paragon, the industry's first all-in-one orchestration platform for 5G and edge cloud. The ultra-low latency, high reliability and network slicing capabilities of Singtel 5G, combined with VMware advanced virtualisation, cloud computing and software-define ...

Broadcom’s AVGO, +0.98% Chief Executive Hock Tan made over $160 million last year, mostly in stock awards.The semiconductor and software company said in a proxy statement Monday that Tan’s compensation was $161.8 million in 2023, of which $160.5 million was in stock awards.Also see: Broadcom stock rises to a record after $4 billion deal to sell its EUC DivisionTan’s base salary of $1.2 million has remained unchanged for the last three years. The company said the stock awards represent the fair value of the ...

Broadcom Inc. (AVGO) closed at $1,309.13 in the latest trading session, marking a +0.98% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.38% for the day. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.13%.Coming into today, shares of the chipmaker had gained 7.59% in the past month. In that same time, the Computer and Technology sector gained 3.93%, while the S&P 500 gained 4.74%.The investment community will be paying close at ...

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