|Day Low/High||271.05 / 285.48|
|52 Wk Low/High||204.68 / 323.20|
On Sunday President Donald Trump was quoted as saying that the Chinese technology company is a 'security threat,' says decision to come Monday.
As is the case with CA, Broadcom wants to significantly cut the spending of Symantec's enterprise security unit and streamline its offerings. But the unit faces a tougher competitive environment than CA's core mainframe software business.
U.S. stock futures decline after a report says Washington could delay licenses for American companies seeking to do business with China's Huawei; Uber slides after posting a $5.24 billion second-quarter loss; Activision is lower after a weak third-quarter forecast.
The news came just ahead of Symantec's earnings release, which saw the company beat earnings and revenue expectations for the second quarter.
Stocks finished solidly higher on Thursday as investors returned to risk markets.
Expands Broadcom's Infrastructure Software Footprint with Best-in-Class Suite of Integrated Enterprise Security Solutions
Company Brings the World's Fastest and Most-Secure Ethernet Networking and Fibre Channel to AMD EPYC™ 7002 Series Processor-Based Systems
Symantec shares surged Thursday amid reports that chipmaker Broadcom is in advanced talks to buy the cybersecurity firm's enterprise business after the two side abandoned takeover talks last month.
U.S. stock futures rise following stronger-than-expected export data from China; Ride-hailing service Lyft posts a narrower-than expected second-quarter loss and raises revenue guidance for the fiscal year; Broadcom is nearing a deal to buy Symantec's enterprise business, a report says.
U.S. equity futures extended their late session rebound Thursday, while global government bond yields eased from multi-year lows, following stronger-than-expected export data from China and a cautious return to risk markets from investors in major economies around the world.
Highly optimized Glass Creek NVMe-oF adapter simplifies composable storage and accelerates adoption of storage over fabrics
Though there's certainly a risk that tech stocks will fall further if trade tension keeps rising, many names are more reasonably valued than they were a short while ago.
BlazeMeter Continuous Testing Platform Harnesses the Power of Multi-Cloud, Open Source, and AI Enabling Organizations to Achieve Agility at Enterprise Scale
The Philadelphia Semiconductor Index was declining Monday for a fifth consecutive day.
There are more than 3,000 cybersecurity vendors today, and yet breaches and attacks keep getting worse. That spells opportunity, and risks, for tech investors.
A new report indicates that all three of Apple's 2020 iPhones will support 5G. The technology could go mainstream faster than some expect.
Though it would likely take a while for Apple to begin using its own 5G modem, doing so could yield major cost savings and also carry other benefits.
The chip manufacturing giant issued upbeat Q3 sales guidance and forecast this year's capital spending will be at the high end of a prior guidance range.
Broadcom, Samsung, Seagate, SK Hynix and Toshiba Memory Along with Several Industry-Leading System OEMs and Test Equipment Providers Showcased In-Depth Testing of U.3-Ready Technologies at Inaugural Event
Let's review the charts and indicators to see how they look after the company's 'on and off company acquisition news'.
Millennials are not interested in oil, and likely never will be. Jim Cramer explains what that means for the industry.
All three stock indexes struggled to a record close Monday as investors gear up for earnings season.
It's possible that disgruntled Symantec shareholders could make the company return to the negotiating table with Broadcom. But if that doesn't happen, there are other targets that Broadcom might pursue.
Symantec shares plunged Monday amid reports that chipmaker Broadcom has walked away from takeover talks with the cybersecurity firm.
The bigger issue appears to be global, long-term supply and demand issues.
A unique stock, AVGO offers a dividend yield of nearly 4%, making it among the highest yielding in tech.
The semiconductor market is set to decline 10% this year in what one analyst called the 'worst downturn in semiconductor history,' but a renewal could come in the not-too-distant future.
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