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Jefferies says Alphabet’s spending plans are great for Broadcom. The analyst sees a 60% surge

Jefferies says Alphabet’s spending plans are great for Broadcom. The analyst sees a 60% surge

Jefferies said Broadcom remains well-positioned to benefit from the next wave of artificial intelligence spending. The bank maintained its buy rating on the semiconductor stock and reiterated Broadcom as a top pick. Analyst Blayne Curtis’ $500 price target implies that shares could rally 62% from Wednesday’s close of $308.05. Broadcom stock has surged 36% over…

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Amazon learns a tough lesson in a market bailing on tech. Why we must be patient

Amazon learns a tough lesson in a market bailing on tech. Why we must be patient

Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management’s current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled…

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