Broadcom surges on Q2 earnings beat, 10-for-1 stock split
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Broadcom (AVGO) shares soar in Thursday's pre-market trading after posting stellar fiscal second-quarter earnings results — revenue of $12.49 billion ($12.06 billion expected) and adjusted earnings of $10.96 per share ($10.80 per share expected).
The Morning Brief's Seana Smith and Brad Smith break down the latest figures on Broadcom's AI-related business segments and the company's 10-for-1 stock split.
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This post was written by Luke Carberry Mogan.