Broadcom’s stock pops as upbeat earnings outlook soothes AI investors

• HPE’s stock is sliding after earnings — these factors are affecting its outlook

  The server and software company said it will begin a cost-cutting program that will reduce its overall headcount by about 5%, or about 2,500 job cuts, over the next 12 to 18 months.
  
  MarketWatch - 3h

• HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook

  Management said execution wasn't perfect across the board in the January quarter.
  
  CNBC - 1h

• Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips

  Broadom reported earnings and revenue that topped analysts' expectations.
  
  CNBC - 45m

• Value investor Bill Nygren explains why Nvidia isn’t the best AI stock to own now

  Look at companies that use AI effectively — not AI hardware manufacturers — Oakmark Fund manager says.
  
  MarketWatch - Feb. 26

• Marvell’s stock sinks on earnings, showing Wall Street’s harsh view of AI plays

  Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.
  
  MarketWatch - 23h

• Shares of British aerospace giant Rolls-Royce hit all-time high on upbeat outlook, profit beat

  Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after making what it described as "significant" transformation progress.
  
  CNBC - Feb. 27

• Hims & Hers offers upbeat forecast, but stock slides after hours

  Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...
  
  MarketWatch - Feb. 25

• Top Wall Street analysts are upbeat on the long-term potential of these stocks

  TipRanks' analyst ranking service spotlights three stocks favored by Wall Street, including Booking Holdings and Visa.
  
  CNBC - 4d

• Planet Fitness shares stumble as outlook points to slower earnings growth

  Planet Fitness’ stock falls as the full-year earnings growth outlook disappoints.
  
  MarketWatch - Feb. 25

More from MarketWatch

• Costco says customers could stay cautious due to inflation and tariffs. ‘When it rains, it rains on everyone,’ CEO says.

  Shares of Costco slipped after hours on Thursday, after the membership warehouse retailer reported a per-share profit and revenue figures that both missed Wall Street’s expectations.
  
  MarketWatch - 1h

• Worried about the stock selloff? These low-volatility ETFs could help you manage the ups and downs of the market.

  Low-volatility ETFs have delivered on their promise to shine during uncertain times on Wall Street.
  
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• Here’s when Walgreens will go private after its $10 billion private-equity buyout

  After nearly a century as a publicly traded company, drugstore chain Walgreens is going private as part of a roughly $10 billion buyout deal.
  
  MarketWatch - 1h

• Gap’s holiday quarter was a big win. Here’s what’s working for the retailer.

  Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.
  
  MarketWatch - 2h

• Nasdaq falls into correction as S&P 500 tests ‘line in the sand.’ Watch these levels.

  Tariff jitters and renewed worries about artificial-intelligence spending knocked the Nasdaq into a correction Thursday, while the S&P 500 broke through a key technical support level.
  
  MarketWatch - 2h

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• FAA halts flights to several Florida airports after SpaceX rocket testing failure

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• 

  Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month

  Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.
  
  The New York Times - 24m

• Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips

  Broadom reported earnings and revenue that topped analysts' expectations.
  
  CNBC - 45m

• ‘Fell through the cracks’: Controversial private credit ETF faces new regulatory hurdles

  Questions remain as to how the fund managed to bypass key concerns over its name and asset mix during the SEC approval process.
  
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