Broadcom jumps on stock split news, Tesla investors vote on Musk pay package: Yahoo Finance

Shares of Broadcom (AVGO) are soaring in early trading. In addition to reporting better-than-expected Q2 results, the chip company announced a 10-for-1 stock split that will occur after the market close on July 12. Meanwhile, Tesla (TSLA) CEO Elon Musk posted on X that shareholder resolutions that would reinstate his $46 billion pay package and move the company’s incorporation to Texas are both “passing by wide margins.” Final results of the tallies are expected later today. Other trending tickers on Yahoo Finance include Nvidia (NVDA), Arm Holdings (ARM), and Adobe (ADBE).

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9:00 a.m. ET - Krishna Guha, Evercore ISI Vice Chairman
9:10 a.m. ET - Garrett Nelson, CFRA Research Analyst
9:35 a.m. ET - Brent Schutte, Northwestern Mutual Wealth Management Chief Investment Officer
10:00 a.m. ET - Mohamed El-Erian, Allianz Chief Economic Advisor
11:30 a.m. ET - Jere Doyle, BNY Wealth Tax & Estate Planning Strategist