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Broadcom tumbles 11% despite blockbuster earnings as 'AI angst' weighs on Oracle, Nvidia
Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
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cnbc.com
Oracle shares plummet 11% in premarket, dragging down AI stocks
Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
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forbes.com
Oracle Nosedives In Premarket, Major AI Stocks Down As Well
Oracle reported lower-than-expected revenues in its quarterly earnings report released on Wednesday.
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AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
AI-related names have made losses since Oracle's mixed results on Wednesday.
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Broadcom tumbles 11% despite blockbuster earnings as 'AI angst' weighs on Oracle, Nvidia
Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
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CNBC Daily Open: Investors sell off tech despite steady Broadcom numbers
In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.
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CNBC Daily Open: U.S. stocks retreat from highs as Broadcom leads tech sell-off
In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.