Broadcom's custom AI chip unit is growing rapidly. The $3 trillion market cap club is a fairly exclusive group. There have only been four companies to breach this threshold: Nvidia, Alphabet, Apple, and Microsoft. However, I think one stock investors need to look out for is Broadcom (AVGO 3.75%). Broadcom is a $1.57 trillion company right now, so for it to join the $3 trillion club by the end of 2...
Broadcom's custom AI chip unit is growing rapidly. The $3 trillion market cap club is a fairly exclusive group. There have only been four companies to breach this threshold: Nvidia, Alphabet, Apple, and Microsoft. However, I think one stock investors need to look out for is Broadcom (AVGO 3.75%). Broadcom is a $1.57 trillion company right now, so for it to join the $3 trillion club by the end of 2027 would require the stock to nearly double. Anytime you can identify a stock with that kind of upside, investors should pay attention. I think Broadcom is one of the top stocks to buy right now, as it's leading a revolution in the artificial intelligence (AI) computing world. Broadcom is taking on the king of AI Since the AI arms race began in 2023, Nvidia's graphics processing units (GPUs) have been the go-to computing unit of choice. GPUs can process multiple calculations in parallel, making them ideal for complex computing problems. GPUs had already been proven in other areas, such as engineering simulations, drug discovery, and cryptocurrency mining. So, it made perfect sense to deploy them to the next major computing workload: AI. Nvidia GPUs still make up the majority of AI computing units deployed, but there is rising competition. Broadcom is taking Nvidia head-on, but it isn't designing a new GPU. Instead, it's developing custom AI chips in collaboration directly with each AI hyperscaler. Designing a chip tailored to a specific workload isn't a new idea; it has been done for a long time. However, Broadcom is the first major company to do it with AI workloads, and it's seeing massive demand. Expand NASDAQ : AVGO Broadcom Today's Change ( -3.75 %) $ -12.00 Current Price $ 308.33 Key Data Points Market Cap $1.5T Day's Range $ 295.31 - $ 319.50 52wk Range $ 138.10 - $ 414.61 Volume 1.9M Avg Vol 30M Gross Margin 64.71 % Dividend Yield 0.76 % In the fourth quarter of 2025, its AI semiconductor revenue rose 74% to $6.5 billion. For Q1 2026, it expects 100% growth to $8.2...
U.S. President Donald Trump said Wednesday that Kevin Warsh would not have been his nominee for the Federal Reserve chair had he wanted interest-rate hikes, putting Fed independence back in the spotlight amid Warsh's nomination process. Speaking in an interview with NBC News, Trump said of the former Fed governor: “If he came in and said, ‘I want to raise it,’ he would not have gotten the job, no....
U.S. President Donald Trump said Wednesday that Kevin Warsh would not have been his nominee for the Federal Reserve chair had he wanted interest-rate hikes, putting Fed independence back in the spotlight amid Warsh's nomination process. Speaking in an interview with NBC News, Trump said of the former Fed governor: “If he came in and said, ‘I want to raise it,’ he would not have gotten the job, no." Warsh is viewed by many as an inflation hawk but has recently called for lower rates. Trump doesn't have "much" doubt the central bank would resume rate cuts, he said, as “we’re way high in interest,” although now “we’re a rich country again.” He said he thinks Warsh understands Trump wants him to lower the federal funds rate, which already came down 75 basis points late last year. "I think he wants to [cut rates] anyway,” Trump added. Trump last week said he had nominated Warsh to replace Jerome Powell as Fed chair in May, after months of criticizing Powell for not cutting rates more aggressively. Meanwhile, Sen.Thom Tillis (R-NC) said earlier he's willing to support Warsh as the next Fed chair, but not before the Justice Department's probe into Powell regarding cost overruns at a renovation project is settled. Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on the U.S. Economy Macro Insights: Gold's Warning, Warsh's Fed Takeover, And 15 S&P 500 Stocks Still Worth Buying Warsh Nomination To Fed Introduces New Uncertainty For 2026 Policy Outlook Sunday's Election Prospects Weigh On The Yen U.S. dollar rises on safe-haven demand, Fed leadership speculation: Currency Recap Big investors brace for inflation comeback as rate-cut bets look risky
Welcome to a very special Wednesday when Bloomberg TV has launched our weekly show featuring the most important deals and dealmakers. Elsewhere, Santander strikes a big US bank deal, a chips tie-up gets to finish line and SpaceX looks outside the US for more IPO bankers. Today’s top stories Santander to acquire Webster for $12 billion in US expansion. Beazley agrees to Zurich’s sweetened £8 billio...
Welcome to a very special Wednesday when Bloomberg TV has launched our weekly show featuring the most important deals and dealmakers. Elsewhere, Santander strikes a big US bank deal, a chips tie-up gets to finish line and SpaceX looks outside the US for more IPO bankers. Today’s top stories Santander to acquire Webster for $12 billion in US expansion. Beazley agrees to Zurich’s sweetened £8 billion takeover offer. Texas Instruments strikes $7.5 billion deal for Silicon Labs. SpaceX meets with non-US banks to fill out IPO lineup. TV stars The Bloomberg Deals franchise — which has been delivering topflight M&A scoops for more than a decade — now includes a weekly TV show. Bloomberg Deals with host Dani Burger plus Scarlet Fu premiered Wednesday, with contributions from our all-star reporters Michelle F. Davis and Ryan Gould . Michelle had the latest on the wrangling over Warner Bros. while Ryan was fresh off helping nail Santander’s $12 billion takeover of Webster, one of the biggest bank deals in years. The premise of the show is simple. It’s an hourlong breakdown of the biggest happenings in M&A, IPOs, activism and more. We’re going to have some of the biggest names in M&A sharing their insights while our M&A reporting talent—our managing editor/player-coach Liana Bake r, Michelle, Ryan and David Carnevali , among others—will pitch in, showcasing their scoops while adding some additional context behind the headlines. We’ve been working on the concept for years. The team was beyond excited for today’s launch, with butterflies in our stomachs as we made our way to hair and makeup. Highlights from today included Dani’s sitdown with alternative-investing legend Bruce Flatt, the CEO of Brookfield, who was bullish on the booming M&A and private markets, with capital pouring into artificial intelligence infrastructure. “We’ve never had a better time,” Flatt said, adding that electricity—not capital—is the biggest bottleneck to AI growth. He predicted plenty more deals ahea...
(RTTNews) - In a recent Senate Judiciary subcommittee hearing, Netflix Co-CEO Ted Sarandos addressed accusations of political bias regarding the company's proposed $72 billion acquisition of Warner Bros. Discovery and HBO. Appearing before the Antitrust, Competition Policy, and Consumer Rights panel, Sarandos firmly rejected claims that Netflix promotes a political agenda. He stated, "Netflix has ...
(RTTNews) - In a recent Senate Judiciary subcommittee hearing, Netflix Co-CEO Ted Sarandos addressed accusations of political bias regarding the company's proposed $72 billion acquisition of Warner Bros. Discovery and HBO. Appearing before the Antitrust, Competition Policy, and Consumer Rights panel, Sarandos firmly rejected claims that Netflix promotes a political agenda. He stated, "Netflix has no political agenda of any kind," in response to questions from Republican lawmakers who accused the streaming service of producing "overwhelming woke" content and pushing "a transgender ideology." Sarandos countered that Netflix offers programming spanning the political spectrum, with content "for all, left, right and center." The hearing highlighted bipartisan concerns about the proposed merger, which has been under regulatory review since it was announced in December 2022. Democratic senators, including Adam Schiff of California, warned that the merger could reduce consumer choice and lead to job losses. Others expressed broader frustration with consolidation in the media industry, with Senator Cory Booker stating he was "angry" about weak antitrust laws and urging regulators to evaluate the deal without political interference. In response, Sarandos sought to reassure Democrats that the merger would benefit consumers and spur economic growth in the United States. He pointed to Netflix's plans to invest billions in production infrastructure and job creation, while also emphasizing the company's commitment to theatrical releases and maintaining Warner Bros.' studio legacy. Despite the political scrutiny and industry opposition, Sarandos expressed confidence that the deal will "stand on its merits" and clear regulatory hurdles, calling the hearing a positive step in the review process. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
sharply_done/E+ via Getty Images Vista Energy ( VIST ) +1.5% in Wednesday's trading as Bank of America reiterated its Buy rating with an $88 price target, citing clear macro triggers in Argentina in the short term, high exposure to Vaca Muerta with appealing growth, and management's positive track record that also is well aligned with minority shareholders. BofA's Leonardo Marcondes praised Vista'...
sharply_done/E+ via Getty Images Vista Energy ( VIST ) +1.5% in Wednesday's trading as Bank of America reiterated its Buy rating with an $88 price target, citing clear macro triggers in Argentina in the short term, high exposure to Vaca Muerta with appealing growth, and management's positive track record that also is well aligned with minority shareholders. BofA's Leonardo Marcondes praised Vista's ( VIST ) proposed acquisition of a 25% non-operating working interest in the Bandurria Sur block and a 35% non-operating stake in the Bajo del Toro block from Equinor, forecasting an internal rate of return of 24% unlevered for the deal, which also increases Vista’s exposure to the Vaca Muerta shale, offering stronger growth with appealing returns. The analyst anticipates drilling of 44 wells per year in Bandurria Sur in 2026 and onwards until the consortium concludes the tie-ins of the remaining well inventory of 421, which should occur in 2035, while forecasting the tie-in of 40 wells annually starting in 2028 at Bajo del Toro - still in its early development phase - until the consortium develops the totality of the field's well inventory of 396. More on Vista Energy Vista Energy: Strong Buy Confirmed After Analyst Day Vista Energy: Q3 Confirms Production Momentum, Stronger Than Expected 2025 On Deck Vista Energy Analyst/Investor Day - Slideshow
Nopphon Pattanasri/iStock via Getty Images I previously covered Altria Group, Inc. ( MO ) in November 2025, discussing why I had reiterated my Buy rating then, with the market's overreaction to the FQ3'25 top-line miss already triggering the richer forward dividend yields. Combined with the expanding profit margins arising from the tobacco company's highly durable pricing power, the consistently i...
Nopphon Pattanasri/iStock via Getty Images I previously covered Altria Group, Inc. ( MO ) in November 2025, discussing why I had reiterated my Buy rating then, with the market's overreaction to the FQ3'25 top-line miss already triggering the richer forward dividend yields. Combined with the expanding profit margins arising from the tobacco company's highly durable pricing power, the consistently improving operational scale, and the healthier balance sheet, I had believed that the management had been extremely competent in its operational efficiency and cash flow allocation. In this article, I shall discuss why I am reiterating my Buy rating for the MO stock here, with the recent volatility already triggering the discounted valuations and the consequently rich dividend yields. Despite the near-term noise from the deteriorating smokeable segment and the slower ramp-up in its smoke-free approaches, I am of the opinion that the tobacco company remains well-positioned to deliver a secure income investment thesis thanks to the richer cash flows/adj EPS performance and the upcoming tailwinds from the double-duty drawback tax refund. MO Faces Numerous Headwinds & Tailwinds MO 1Y Stock Price (Trading View) 1. Dividend Stocks Buoyed By Mixed Macro Events Since my last Buy rating, MO has offered an excellent total return of +8.3% compared to the wider market at +3.3%, with the drastic jump from the January 07, 2026, bottom similarly observed in some of its tobacco peers in varying degrees. The boost may be attributed to the mixed macroeconomic environment, with early January 2026 bringing forth a mixed bag of US labor market reports across slower hiring growth and lower unemployment rate, worsened by the persistently elevated inflationary pressure - all of which are already contributing to the Fed " pausing its recent rate-cutting trend." These reasons may also be why dividend-oriented investors have jumped back into the income bandwagon, as similarly observed in the tobacco s...
Uranium prices are rising. Is that bad news for Oklo stock? Oklo (OKLO 12.58%) stock tumbled 13% through 3:40 p.m. ET Wednesday after investment bank Goldman Sachs cut its price target on the nuclear stock by 14%, to $91 per share -- and maintained only a neutral rating on the shares. What Goldman Sachs said about Oklo That's somewhat strange. After all, with Oklo currently trading near $68 a shar...
Uranium prices are rising. Is that bad news for Oklo stock? Oklo (OKLO 12.58%) stock tumbled 13% through 3:40 p.m. ET Wednesday after investment bank Goldman Sachs cut its price target on the nuclear stock by 14%, to $91 per share -- and maintained only a neutral rating on the shares. What Goldman Sachs said about Oklo That's somewhat strange. After all, with Oklo currently trading near $68 a share, a move to $91 would imply a 34% profit over the next 12 months. You'd think the potential for that kind of profit would have Goldman Sachs standing firmly in the "buy" camp on Oklo. But it's not. Goldman is hedging its bets instead. Why might that be? What little we know about the logic behind Goldman's shift on price target isn't much help. According to TheFly.com, "recent developments across North America, Europe, and Asia" show increasing global interest in nuclear power. As demand grows, though, Goldman's also seeing a "strong start-of-year rally in uranium spot prices." This doesn't directly state bad news for Oklo, but it does at least hint at why Goldman might be getting less enthusiastic about the stock: If atomic fuel costs rise, nuclear power may become less economical, and demand for Oklo's small modular nuclear power plants could recede. Expand NYSE : OKLO Oklo Today's Change ( -12.58 %) $ -9.81 Current Price $ 68.19 Key Data Points Market Cap $12B Day's Range $ 64.00 - $ 77.26 52wk Range $ 17.42 - $ 193.84 Volume 810K Avg Vol 13M Is Oklo stock a buy? Now for the good (and also bad) news. Oklo's not even expected to begin generating revenue until sometime next year. Profits aren't likely to start before 2030 at the earliest. A lot can change between now and then -- the price of uranium included. That said, if uranium prices are rising already today, long before any of Oklo's reactors are even operational, this could diminish enthusiasm for the company's product. Profits expected to come in 2030... might take even longer to arrive.
US equity indexes were mixed ahead of Wednesday's close amid a sell-off in technology, communication Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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On Feb. 2, 2026, Destiny Wealth Partners, LLC disclosed a new position in Vanguard Scottsdale Funds - Vanguard Long-Term Corporate Bond ETF (VCLT), acquiring 163,615 shares in an estimated $12.57 million trade based on quarterly average pricing. According to a filing with the Securities and Exchange Commission dated Feb. 2, 2026, Destiny Wealth Partners, LLC established a new position in Vanguard ...
On Feb. 2, 2026, Destiny Wealth Partners, LLC disclosed a new position in Vanguard Scottsdale Funds - Vanguard Long-Term Corporate Bond ETF (VCLT), acquiring 163,615 shares in an estimated $12.57 million trade based on quarterly average pricing. According to a filing with the Securities and Exchange Commission dated Feb. 2, 2026, Destiny Wealth Partners, LLC established a new position in Vanguard Scottsdale Funds - Vanguard Long-Term Corporate Bond ETF (VCLT), acquiring 163,615 shares. The estimated transaction value was $12.57 million, calculated using the quarterly-average-price methodology. The new stake resulted in a quarter-end position value of $12.57 million, which reflects both purchase activity and price changes during the period. Vanguard Long-Term Corporate Bond ETF (VCLT) provides investors with targeted exposure to the long-duration segment of the U.S. investment-grade corporate bond market. The fund employs an indexing approach, offering broad diversification and efficient access to high-quality corporate debt instruments. Its low-cost structure and focus on long-term bonds make it suitable for investors seeking income and duration in a single, liquid vehicle. Continue reading
Business leaders, labor groups and transit advocates are calling on the Trump administration to restore funding to a $16 billion rail tunnel that links New Jersey and Manhattan as work on the project is set to shut down on Friday absent federal dollars. Heads of the New Jersey Chamber of Commerce , Partnership for New York City , New York Building Congress , and organized labor and transit groups ...
Business leaders, labor groups and transit advocates are calling on the Trump administration to restore funding to a $16 billion rail tunnel that links New Jersey and Manhattan as work on the project is set to shut down on Friday absent federal dollars. Heads of the New Jersey Chamber of Commerce , Partnership for New York City , New York Building Congress , and organized labor and transit groups sent a letter Wednesday to President Donald Trump, warning that stopping construction would increase the project’s costs and create unnecessary delays. The new tunnel, called Gateway, would add capacity for Amtrak and New Jersey Transit trains between the Garden State and New York City. The existing tunnel is more than a century old and is in dire need of rehabilitation. Work on the Gateway tunnel is expected to be done in 2035. The Gateway Development Commission has warned that it must stop work on the tunnel on Friday unless the US Department of Transportation releases federal funding tied to the project. The GDC sued the DOT late Monday, seeking to unpause the funding. New Jersey and New York late Tuesday filed a similar suit . “For the business community, Gateway represents billions of dollars in economic output and the foundation of daily commerce across the Northeast,” the groups wrote in the letter. “For labor, it means tens of thousands of good-paying, union jobs, both in the near term through construction and in the long term through sustained regional growth. Pausing Gateway now, after years of bipartisan progress and investment, would jeopardize both the economic and human capital that depend on its timely completion.” Read More: NY-NJ Tunnel Project Sues US Over Federal Funding Freeze
Sundry Photography/iStock Editorial via Getty Images Enphase Energy, Inc. ( ENPH ) soared 34% after issuing solid earnings and upbeat guidance on the morning of February 4, 2026. By the afternoon, it was the embattled Semiconductor Materials & Equipment industry company’s best day since the throes of the COVID-19 volatility in early 2020. I was bullish on ENPH back in April of 2025 , but the bulli...
Sundry Photography/iStock Editorial via Getty Images Enphase Energy, Inc. ( ENPH ) soared 34% after issuing solid earnings and upbeat guidance on the morning of February 4, 2026. By the afternoon, it was the embattled Semiconductor Materials & Equipment industry company’s best day since the throes of the COVID-19 volatility in early 2020. I was bullish on ENPH back in April of 2025 , but the bullish thesis did not play out. Shares are now nearly unchanged since that assessment, thanks to today’s surge. But I’m sticking with a Buy rating. The valuation has taken a major hit, while the technical situation shows a clear breakout amid improving momentum that began well before today’s earnings-related rally. ENPH Soars After An Awful Several Years StockCharts.com In February, Enphase reported a solid set of quarterly results. Q4 non-GAAP EPS of $0.71 topped the Wall Street consensus forecast of $0.58, while revenue of $343 million, down more than 10% from the same period a year earlier, was a modest $3.2 million beat. For Q1, the management team outlined an expectation of $270-$300 million in net sales, with an operating margin in the 42-45% range. Shares rocketed 34% , marking the best earnings day reaction in at least the last six years, according to data from Option Research & Technology Services. The bump also broke a string of five straight post-reporting declines. The options market was expecting fireworks, with a 12.7% options straddle, but even that high implied move was nothing close to the massive upside. Implied volatility remains very high, though, at nearly 70%. Importantly, short interest coming into the Q4 print was 22%. Looking back on the quarter that was, Enphase's final period of 2025 revealed surprisingly strong demand despite a volatile macro backdrop. U.S. sell-through rose 21% sequentially to its highest level in over two years, driven by consumers pulling forward purchases before the cash-loan tax credit expiration. Over in Europe, the top-line fe...
STORY: Mayfield says investors are watching whether Amazon’s cloud growth and core consumer business can meet investors heightened expectations. “As we sit here on the doorstep of some of the Mag Seven earnings, particularly when you look at an Amazon, and it’s clear with the results so far just for big tech writ large that expectations are very, very high." "For Amazon in particular, I mean, you'...
STORY: Mayfield says investors are watching whether Amazon’s cloud growth and core consumer business can meet investors heightened expectations. “As we sit here on the doorstep of some of the Mag Seven earnings, particularly when you look at an Amazon, and it’s clear with the results so far just for big tech writ large that expectations are very, very high." "For Amazon in particular, I mean, you'll want to see cloud uptake. You'll want to see big growth in A.W.S business. You know, for us in particular as we kind of think more holistically about the market, I am curious how their kind of bread and butter business is doing."