Bank of America trims Broadcom target after post-earnings slide
Broadcom shares fell sharply after its fiscal second-quarter results, and a Bank of America note added to the pressure by resetting its price target, according to a market report.
Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
Broadcom shares fell sharply after its fiscal second-quarter results, and a Bank of America note added to the pressure by resetting its price target, according to a market report.
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The new models widen Microsoft’s Phi family, with one built for speech, vision and text and the other aimed at fast, compact text work across developer tools and edge devices.
Microsoft says its new Dragon Copilot combines Dragon Medical One and DAX Copilot to help clinicians document care, surface information and automate routine tasks.
The board approved the payment in a Tuesday announcement from Microsoft News. The dividend is scheduled for June 12, 2025, for shareholders of record on the company’s set date.
The company disclosed notice of a third-party offer to buy up to 300,000 Microsoft shares and said investors should review the terms carefully.
Microsoft said it will release fiscal 2025 third-quarter financial results after the market close on April 30, with the report posted on its investor relations site.
The company reported fiscal third-quarter revenue of $70.1 billion for the period ended March 31, with results framed around strength in cloud and AI demand.
Apple said a special MLS match on May 23 will be captured on iPhone 17 Pro, marking a first for a major live professional sports broadcast shot on the device.
Apple Newsroom says the soccer-focused show hosted by Brendan Hunt and Rebecca Lowe will be back on June 7 with World Cup commentary.