
Broadcom Inc. (AVGO) reported a 21% rise in earnings, contributing to a positive performance for several semiconductor stocks. Marvell Technology Group Ltd. (MRVL) saw an 8% increase in its stock price, reaching a new all-time high, as it benefited from Broadcom's strong earnings report. Year-to-date, NVIDIA Corp. (NVDA) has surged 176%, while Marvell and Broadcom have increased by 102% and 100%, respectively. Despite these gains, the Dow Jones Industrial Average fell for the seventh consecutive day, while the NASDAQ and S&P 500 ended flat. The recent price action in the markets has raised concerns among investors.


Just learned that without Nvidia $NVDA, the S&P 500's performance falls short of beating Europe's stock market 😳 Phenomenal. https://t.co/PSrJ25dkGo
Stock returns in the past dozen years: Nvidia: +46,359% Tesla: +18,459% Broadcom: +8,651% Netflix: +6,995% Meta: +2,157% Microsoft: +1,923% Amazon: +1,708% Apple: +1,415%
$MRVL, new leadership in semis. New highs. https://t.co/IqFndWb5cE