India  
NewsR.in
> >

Chip Stocks Down After Broadcom Cuts Revenue Forecast

Video Credit: Wochit Business - Duration: 00:34s - Published < > Embed
Chip Stocks Down After Broadcom Cuts Revenue Forecast

Chip Stocks Down After Broadcom Cuts Revenue Forecast

Reuters reports U.S. stocks ended lower on Friday as investors were cautious going into next week’s Federal Reserve meeting.

At the same time, a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to U.S.-China trade worries.

Shares of Broadcom Inc fell 5.6% after it cut its full-year revenue forecast by $2 billion.

The company blames the U.S.-China trade conflict and export curbs on Huawei Technologies.

0
shares
ShareTweetSavePostSend
 

Chip Stocks Down After Broadcom Cuts Revenue Forecast

THURSDAY, NOV.

2, 2017, FILE PHOTO




You Might Like


Recent related videos from verified sources

Stocks Rise After Fed Statement On Borrowing Costs [Video]Stocks Rise After Fed Statement On Borrowing Costs

According to Reuters, the markets on Wall Street rose for a third day after the Federal Reserve signaled cuts to borrowing costs. By the late afternoon on June 19th, the top three markets on the New..

Credit: Wochit     Duration: 00:32Published

Chip stocks down after Broadcom cuts revenue forecast [Video]Chip stocks down after Broadcom cuts revenue forecast

Reuters reports U.S. stocks ended lower on Friday as investors were cautious going into next week’s Federal Reserve meeting. At the same time, a warning from Broadcom of a broad weakening in global..

Credit: Rumble     Duration: 00:35Published

Wall Street dips on chips weakness [Video]Wall Street dips on chips weakness

U.S. stocks ended lower Friday. As Fred Katayama reports, a warning from Broadcom of a broad weakening in global demand weighed on chipmakers.

Credit: Reuters Studio     Duration: 01:11Published

Wall Street Drops [Video]Wall Street Drops

ding to Reuters, U.S. stocks dropped on Friday, as shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand and Chinese data pointed to the worst slowdown..

Credit: Wochit     Duration: 00:51Published

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest