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UPDATE 1-Broadcom's critics reject its cloud licensing changes
Broadcom's critics reject its changes to its cloud licensing practices. They say they do address complaints about alleged price hikes and unfair software terms. The U.S. Chipmaker announced a raft of changes to acquired cloud computing company's licensing conditions. EU business users and a trade group have complained about the changes.
Reuters · 2d ago
BUZZ-Broadcom gains on strong Micron results, TD Cowen upgrade on AI bet
Broadcom shares AVGO.O up 2.51% at $1,308 premarket. Fellow chipmaker Micron's MU.O strong Q3 rev view boosts stock, while TD Cowen upgrade to "outperform" on AI bet. Micron posted surprise Q2 profit and strong rev forecast on surge in AI adoption.
Reuters · 03/21 10:01
UPDATE 1-Broadcom's Q1 revenue beats estimates as AI powers demand for networking chips
Broadcom's Q1 revenue beats estimates as AI powers demand for chips. Cloud providers continue to upgrade data centers to support artificial intelligence. Firm's annual revenue forecast of $50 billion still falls short of expectations. Broadcom's recently high-flying stock dipped about 2% in extended trade.
Reuters · 03/07 21:29
ANALYSIS-Could the $6 billion legal fee in Musk's Tesla pay case be reasonable?
Could the $6 billion legal fee in Elon Musk's Tesla pay case be reasonable? The fee implies an hourly rate of $288,888 for each of the 37 lawyers involved in the case. By comparison, top-flight corporate attorneys bill $2,000 an hour. The record for a fee in a shareholder lawsuit is the $688 million for Enron shareholders. The lawyers are seeking part of Musk's $56 billion pay package.
Reuters · 03/05 11:00
Weekly Report: what happened at VMW last week (0226-0301)?
Weekly Report · 03/04 09:18
Weekly Report: what happened at VMW last week (0219-0223)?
Weekly Report · 02/26 09:19
Weekly Report: what happened at VMW last week (0212-0216)?
Weekly Report · 02/19 09:20
Weekly Report: what happened at VMW last week (0205-0209)?
Weekly Report · 02/12 09:18
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