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$AVGO Seems like this is the reason for the Broadcom reversal after hours… - NonAI revenue was ...
149 days agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Broadcom ($AVGO) experienced a significant after-hours drop of 5.40% to $385.00 due to flat YoY non-AI revenue guidance and delayed revenue expectations from a new OpenAI deal, with no significant impact anticipated until 2027-2029. Despite strong AI revenue growth, the market reacted negatively to any imperfections given the stock's 80% YTD surge. Investors should monitor if the current dip presents a buying opportunity or if the stock will continue to decline.

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breaking down tech, business, & stocks $PLTR