Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     
  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     
  • Bitcoin GBP

    50,421.82
    -929.91 (-1.81%)
     
  • CMC Crypto 200

    1,316.39
    -80.15 (-5.74%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

Weak Smartphone Sales Could Impact Broadcom’s Revenue

Weak Smartphone Sales Could Impact Broadcom’s Revenue

What Can Investors Expect from Broadcom in Fiscal Q2? Broadcom (AVGO) stock has seen more downs than ups recently, resulting in its price being down 10% since the start of this year. What went against Broadcom was its revised revenue guidance for fiscal Q2 and Q3, as well as weaker second-quarter earnings guidance from fellow semiconductor companies TSMC (TSM) and Qualcomm (QCOM).