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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
aiinvestor
801 posts
Posted by aiinvestor > 2018-02-01 23:24 | Report Abuse
Shares of Broadcom Ltd. AVGO, -0.52% soared 6.2% in premarket trading Wednesday after the company delivered an earnings outlook that came in above expectations. The chip maker said in a release that it expected to report adjusted earnings per share of $5.10, up 40% from a year earlier, for its fiscal first quarter, which ends Feb. 4. Analysts surveyed by FactSet had been predicting adjusted earnings of $4.95 a share.
AMD (Advanced Micro Devices Inc.) shares rallied Wednesday after the chip maker showed strong growth in its computer and graphics business with a significant amount of that estimated to come from cryptocurrency-mining-related sales.