I suspect all the AI semi biz Broadcom ( AVGO ) has is profitless (or maybe money-losing) revenue. That is why they showed revenue growth but had accounting gimmicks that added to the bottom line: https://www.twitter.com…
Read in context ›Broadcom Stock (AVGO)
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15 mentionsMore Tales From Nvidia: The Whole AI Industry Is a Money Losing Joke (Issue #165!) Things I Did Today * Thus far... These are today's things: * Re-established index shorts — ( SPY ) at $662.26 and ( QQQ ) at $600.63. * Added to ( GRNY ) short at $25.27. * Day traded ( AVGO ) (short then cover on opening gap) for a quick…
Read in context ›Fallout From OpenAI/AMD Deal? I expect Broadcom ( AVGO ) and Nvidia ( NVDA ) to suffer from the just-announced OpenAI/AMD deal. OpenAI looks to take 10% stake in AMD through AI chip deal I added to my ( NVDA ) short in premarket trading.
Read in context ›That's a Wrap That's it. The final bell has rung. Treasury and equity index futures roared after a very weak August jobs report fueled hopes for a series of FOMC rate cuts that could start as soon as September 17. Treasuries remained…
Read in context ›Dance Party at AVGO Broadcom AVGO price target raised to $400 from $265 at Barclays Broadcom price target raised to $400 from $300 at BofA Broadcom price target raised to $400 from $295 at Bernstein Broadcom price target raised to $375 from…
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