Watch Broadcom, Uber, J&J, and More
Baystreet·
- Broadcom reported third-quarter revenue of 29.59 billion dollars with AI chip revenue surging 221% year over year, yet its stock experienced a tepid market reaction and fell 4% in after-hours trading.
- Uber announced a 10% workforce reduction to simplify management structures, while its stock rose 1.61% to close at 76.45 dollars amid growing competition in self-driving services.
- Johnson & Johnson reached an all-time high of 281.07 dollars before closing at 275.21 dollars, prompting investor comparisons with alternative pharmaceutical stocks like Pfizer and Bristol-Myers.