Broadcom jumps 11%, extending record run as Goldman expresses 'higher conviction'
Publishing timestamp: 2024-12-16 16:04:30
Summary
Broadcom's stock rallied further after reaching $1 trillion in market cap, with analysts raising price targets and citing strong outlook driven by demand in artificial intelligence. Other tech stocks like Nvidia and Oracle are also performing well, with potential for future growth.
Sentiment: POSITIVE
Tickers: GOOGL, META, NVDA, AVGO, GS,
Keywords: breaking news: technology, technology, business news, nvidia corp, enterprise, business, broadcom inc, goldman sachs group inc,
Source: https://www.cnbc.com/2024/12/16/broadcom-shares-rise-goldman-sachs-has-higher-conviction.html