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21:38
Semiconductor giant Broadcom Inc. (stock code: AVGO) recently released its financial guidance for the second quarter of fiscal year 2026, projecting that its adjusted EBITDA will reach approximately 68% of the expected revenue for that quarter.
This indicator reflects the company's ongoing efforts to control operating costs and enhance profitability, while also providing investors with an important reference for assessing its future financial performance.
21:35
International oil prices rose on the 4th
Golden Ten Data reported on March 5 that as of the close of the day, the price of light crude oil futures for April delivery on the New York Mercantile Exchange rose by $0.10, closing at $74.66 per barrel, an increase of 0.13%. The price of Brent crude oil futures for May delivery on the London exchange closed at $81.40 per barrel, unchanged from the previous trading day.
21:19
Broadcom's adjusted net revenue for the first fiscal quarter was $19.31 billion, while analysts expected $19.26 billion.
The company plans to implement a new stock repurchase program, with an amount of up to $10 billions. Second quarter revenue is expected to be approximately $22 billions, while analysts forecast $20.53 billions.
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