Broadcom's gross margin keeps slipping as AI-fueled semiconductor growth reshapes its mix, even as strong revenue and surging AI demand drive an upbeat outlook.
Broadcom's gross margin keeps slipping as AI-fueled semiconductor growth reshapes its mix, even as strong revenue and surging AI demand drive an upbeat outlook.
Dealmakers are off to their best ever start to a year thanks to a raft of mega mergers and acquisitions, even as some momentum once again gets bumped by the geopolitics of President Donald Trump . Global transaction values are ending the first quarter almost 20% higher at about $1.3 trillion, according to data compiled by Bloomberg, thanks to deals like Sysco Corp.’s $29.1 billion takeover of whol...
Dealmakers are off to their best ever start to a year thanks to a raft of mega mergers and acquisitions, even as some momentum once again gets bumped by the geopolitics of President Donald Trump . Global transaction values are ending the first quarter almost 20% higher at about $1.3 trillion, according to data compiled by Bloomberg, thanks to deals like Sysco Corp.’s $29.1 billion takeover of wholesaler Jetro Restaurant Depot LLC and Unilever Plc ’s $44.8 billion sale of its food business to McCormick & Co. — both announced this week. It’s the biggest first quarter total on record and means bankers remain on course to better the roughly $4.5 trillion haul they achieved in 2025, the data show. That’s despite the ongoing war in the Middle East, which is creating new inflationary pressures that risk economic growth and raise the prospect of interest rate hikes. “People are saying ‘you know what, even if there might be some uncertainty in the world, if I look out one, two, five years from now and this is the right deal to do, then this is the time to do it,’” said Ivan Farman , co-head of global M&A at Bank of America Corp. Deal values have fallen around 15% since the US and Israel attacked Iran in late February, compared with the same period in 2025, the Bloomberg-compiled data show. Some companies have moved into wait and see mode as markets whipsaw on the smallest signs of escalation or resolution. Oil is trading at more than $100 a barrel and the S&P 500 is down about 6% this year. Jeff Hogan , head of global M&A at Wells Fargo & Co. , said the war is the top overhang in the market right now but added that “really meaningful transactions” continue to be agreed. “I still think there are a lot of tailwinds that are helping the M&A market activity,” he said. “You should see an uptick in activity for the balance of the year.” Some sizable transactions were struck in March, such as the merger of US insurers Equitable Holdings Inc. and Corebridge Financial Inc., and a wav...
In this article ORCL Follow your favorite stocks CREATE FREE ACCOUNT A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC....
In this article ORCL Follow your favorite stocks CREATE FREE ACCOUNT A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, said the people, who asked not to be identified to discuss a confidential matter. As of May 2025, the company employed 162,000 people. Shares of Oracle have come down 27% so far this year as investors ponder competitive risk from generative artificial intelligence models, as well as the effect of infrastructure investments on Oracle's cash flow. Oracle declined to comment. While continuing to push its flagship database for storing and serving up corporate information, Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads. In September, Oracle disclosed that its remaining performance obligations, a measure of contracted revenue that has not yet been recognized, jumped 359% to $455 billion following an agreement with OpenAI worth over $300 billion. Weeks later, Oracle picked executives Mike Sicilia and Clay Magouyrk to replace its CEO, Safra Catz. Business Insider reported on the layoff announcements earlier on Tuesday. Read more CNBC tech news Nebius unveils plans to build one of Europe's largest AI factories as region scrambles for compute Micron shares have cratered 30% since the memory maker reported blowout earnings Delaware judge reassigns Elon Musk cases after accusation of bias Palo Alto shares pop as CEO Nikesh Arora buys stock for first time in years WATCH: We got verification of the strength of the data center theme with Oracle earnings, says Jim Cramer watch now VIDEO 7:29 07:29 We got verification of the strength of the data center theme with Oracle earnings, says ...
Energy stocks have fared well as crude-oil prices have shot up, but one other industry group has also done well since the U.S. and Israel attacked Iran on Feb. 28.
Energy stocks have fared well as crude-oil prices have shot up, but one other industry group has also done well since the U.S. and Israel attacked Iran on Feb. 28.
SanDisk Corporation (NASDAQ:SNDK) shares are up 5% in Tuesday morning trading, reaching $600 after opening at $572.50. The move marks a meaningful reversal after an 18.5% decline over the past week triggered by fears around Alphabet‘s (NASDAQ:GOOGL) Google’s TurboQuant memory compression algorithm. Zoom out and the story gets more compelling. SNDK shares are up 154% year ... SanDisk Gains 5%: 3 Re...
SanDisk Corporation (NASDAQ:SNDK) shares are up 5% in Tuesday morning trading, reaching $600 after opening at $572.50. The move marks a meaningful reversal after an 18.5% decline over the past week triggered by fears around Alphabet‘s (NASDAQ:GOOGL) Google’s TurboQuant memory compression algorithm. Zoom out and the story gets more compelling. SNDK shares are up 154% year ... SanDisk Gains 5%: 3 Reasons the Memory Supercycle Is Far From Over
genkur/iStock via Getty Images Aehr Test Systems ( AEHR ) rose more than 13% on Tuesday after the semiconductor testing firm announced it had received an order from a “major new customer” for the data center market. The Fremont, Calif.-based Aehr said it had received the order from the unnamed customer, who is developing advanced silicon photonics-based transceivers for data center networking and ...
genkur/iStock via Getty Images Aehr Test Systems ( AEHR ) rose more than 13% on Tuesday after the semiconductor testing firm announced it had received an order from a “major new customer” for the data center market. The Fremont, Calif.-based Aehr said it had received the order from the unnamed customer, who is developing advanced silicon photonics-based transceivers for data center networking and optical I/O applications. Aehr will provide the customer with its FOX-XP wafer-level burn-in system, a fully integrated WaferPak Auto Aligner, multiple FOX-NP wafer-level burn-in systems, and multiple FOX WaferPak full-wafer contactors. Aehr added that the customer has also provided a forecast for additional systems as soon as this calendar year. “Data center architectures are rapidly evolving as AI infrastructure scales, driving a major transition from traditional copper interconnects to fiber optic communication links to meet the increasing demands for bandwidth, latency, signal integrity, thermal performance, and power efficiency,” said Aehr CEO and President Gayn Erickson in a statement . “Silicon photonics-based optical transceivers are a critical enabling technology for this transformation, and we believe this order is particularly significant because it comes from a major new customer that is a leading supplier of networking products and solutions for the data center market.” More on Aehr Test Systems Aehr Test Systems: Sales Growth Expected, But A Show-Me Story (Downgrade) Aehr Test Systems: Big Forecasts, More Proof Needed Aehr Test Systems: Dismal Quarter Offset By Strong Bookings Projections - Hold Aehr receives follow-on order for fully automated wafer-level burn-in systems Aehr reinstates fiscal 2026 guidance, targets $25M–$30M revenue amid strong AI-driven bookings outlook
alvarez/iStock via Getty Images Last week I attended the Investment U conference in Las Vegas, where I presented on gold and the great digital transformation. Sentiment among investors was upbeat, despite great uncertainty in the world right now. As you know, card counting is banned at blackjack tables. The casinos don’t want gamblers using probabilities to tilt the odds in their favor. In the sto...
alvarez/iStock via Getty Images Last week I attended the Investment U conference in Las Vegas, where I presented on gold and the great digital transformation. Sentiment among investors was upbeat, despite great uncertainty in the world right now. As you know, card counting is banned at blackjack tables. The casinos don’t want gamblers using probabilities to tilt the odds in their favor. In the stock market, though, applying math, standard deviation and mean reversion to your investment decision is perfectly legal. In fact, I’d argue it’s essential. Take a look at the chart below. It shows the S&P 500’s 20-day percent change expressed in standard deviation terms over the past five years. As you can see, the market has just fallen to -2 sigma, deep into oversold territory. Bloomberg That’s a level the S&P has touched only about five or six times in the past five years. And every single time, it was followed by a recovery. The bounce doesn’t always come overnight, of course. In the worst case, during the spring of 2025, the market stayed below -2 sigma for more than a month, from mid-March through late April. The 2022 selloffs showed a similar pattern, with oversold conditions lasting roughly 30 days before reverting to the mean. The point I’m making is that they all did move back to the mean eventually. Markets don’t stay at extreme levels forever. None of this guarantees the exact timing of a reversal. But history suggests the probabilities right now favor a move higher, and, as I’ve been saying all along, I believe investors who stay disciplined will be rewarded. The 106-Year-Old Law Holding Back American Energy Recently, the Department of Homeland Security ( DHS ) issued a 60-day waiver of the Jones Act, allowing foreign-flagged vessels to transport oil, natural gas, fertilizer and other resources between U.S. ports. The suspension was requested by the Department of Defense (DoD) to address supply chain disruptions caused by Operation Epic Fury. For those unfamilia...