Justin Sullivan/Getty Images Broadcom is the latest AI darling to get punished by investors after solid earnings. The chipmaker reported strong earnings for the fourth quarter, but disappointed on its outlook. Investors appeared to take issue with the firm's backlog of AI orders and limited AI revenue guidance. Broadcom is the latest victim of investors punishing high-flying AI companies. The chipmaker tumbled 8% as investors took in its stellar results for the last quarter, but were left disappoi ...

Key Takeaways Three of the Four Major Indexes Closed at Record HighsMarkets Are Still Basking in the Glow of the Fed's Favorable ReportBroadcom, Costco and lululemon Report Earnings After the CloseThursday, December 11, 2025That good news reaped from economic data ahead of today’s open (and from yesterday’s rate cut and relatively dovish 2026 forecast from the Fed) created a boon — and new closing highs — for three of the four major indexes today. The Dow gained +646 points, +1.34%, while the S&P 500 grew + ...

Yeah, and meantime, shares of Broadcom are popping here in overtime, up about 3% after posting a beat across the board. The company also saying it expects AI semiconductor revenue to double year-over-year and expects current quarter revenues outlook to be above estimates. And joining us now is Christopher Rand from Saskahana.Christopher, welcome. So last quarter, Hawkan was telling investors that the XPU business, the AI accelerators did so well in part because these three major customers uh were doing bett ...

By Juby Babu Dec 11 (Reuters) - Broadcom projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, ​and shares fell 5% in extended trading. Broadcom has jumped into the AI chip business, which has ‌investors nervous about the profitability and costs of enormous investments. The company has a backlog of $73 billion that it anticipates shipping ‌over the next 18 months, CEO Hock Tan said on a post-earnings call, but his lieu ...

Palm Valley Capital Fund业绩表现 - 截至2025年9月30日，基金总回报率季度为2.35%，年初至今为3.77%，一年期为3.68%，三年年化为7.13%，五年年化为6.03%，成立以来年化为6.85% [2] - 同期标普小盘股600指数回报率显著高于基金，季度为9.11%，年初至今为4.24%，一年期为3.64%，三年年化为12.80%，五年年化为12.93% [2] - 基金投资者类别总费用率为1.51%，净费用率为1.26%，投资顾问已合约同意豁免管理费并报销运营费用至2026年4月30日 [3] - 基金在第三季度末持有74.1%的现金等价物，剔除现金和费用影响后，股票持仓在三个月内上涨6.46% [29] 当前市场环境与估值分析 - 标普500指数前十大公司市值占GDP比重达80%，远高于1999年科技泡沫峰值时的36% [12] - 当前前十大公司综合市盈率为35倍，科技成员市盈率达39倍，而1999年科技泡沫峰值时前十大平均市盈率为75.8倍 [12][13] - 小盘股估值方面，标普小盘股600成分股中位数市盈率为25倍，剔除金融股后为30倍，并非历史低位 [20] - 罗素2000指数成分股在过去十二个月基本未产生GAAP利润，使用调整后利润也连续三年未达预期或实现增长 [26] 基金投资策略与持仓变动 - 基金采取自下而上选股策略，偏好当前行业承压、估值具吸引力且被市场忽视的公司，而非已反映强劲业绩预期的股票 [28] - 第三季度新增四个持仓：Teleflex、Robert Half、LKQ Corporation和Avista Corporation [30] - Teleflex主营一次性医疗设备，收入稳定性高，运营利润率可观，自由现金流充沛，股价处于历史估值低位 [31] - Robert Half提供人才派遣和咨询服务，尽管行业疲软但仍保持盈利和现金流生成，无负债且股息率达7% [33][34] - LKQ为美国和欧洲最大的售后和回收汽车零部件分销商，股价触及五年低点，市盈率10倍，股息率3.9% [35][36] - 季度内清仓Seaboard Corporation，因股价大幅上涨超出估值 [39] 行业趋势与宏观背景 - 科技行业盈利集中度显著提升，目前标普500指数前十大盈利公司中有六家为科技企业，其利润占比从十年前的23%升至纪录高点35% [10] - 人工智能热潮推动市场对科技股热情，但龙头公司如英伟达超过50%的净利润率被认为长期难以维持 [16] - 特朗普政府向美联储施压降息，成为小盘股相对大盘股收复部分失地的催化剂，罗素2000指数在9月FOMC会议后创下新高 [23] - 第三季度并购活动为近四年来最活跃，包括Electronic Arts创纪录的550亿美元收购，交易对应28倍EBITDA [51]

If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world's second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday."Our technology is a generation ahead of theirs," Huang told CNBC at the sidelines of the Viva Technology conference in Paris.However, he warned that: "If the United States doesn't want to partake, participate in China, Huawei has got China covered, and Huawei has got everybody else covered."In the ...

人工智能主题 - Zacks主题筛选工具涵盖30个动态投资主题 包括前沿技术 可再生能源和医疗创新等领域 帮助投资者聚焦未来趋势[1] - 人工智能主题涵盖从AI软硬件开发到应用技术的多元化公司 涉及自动化 诊断和认知任务等场景[2] - 人工智能技术通过快速迭代处理海量数据 利用神经网络分析模式并自动学习 模拟人类认知功能[3][4] 博通公司分析 - 博通(AVGO)通过扩展AI基础设施技术组合巩固领导地位 包括先进封装技术和定制AI加速器开发[5] - 公司最新季度AI营收达41亿美元 同比激增77% 主要受益于AI解决方案需求强劲[7] - 预计Q2 AI半导体营收将达44亿美元 当前季度共识预期显示EPS同比增长42% 营收增长20%[7][8] - 公司Zacks评级为"买入"(Rank 2) 当前财年盈利前景乐观[5] 市场动态 - 博通即将在本周公布季度财报 近期业绩强势与AI热潮密切相关[8][9] - Zacks人工智能主题筛选工具将博通列为顶级推荐标的 反映其在AI产业链的核心地位[11]