老虎社区 09-15
Broadcom Spikes 22%; Super Micro Jumps 18%; Nvidia Rallies 16%; Oracle Gains 14%
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This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.

Below are top 10 S&P 500 stock gainers for the week ended Sept. 13:

Broadcom Spikes 22% as Investors Digest the Results

Late last week, Broadcom reported the results of its fiscal 2024 third quarter ( ended Aug. 4 ) , and while the results were better than expected, the stock initially sold off on the news. However, as investors had time to digest the results, cooler heads prevailed, helping spark a rebound.

Broadcom generated revenue of $13.1 billion, up 47% year over year, while adjusted earnings per share of $1.24 increased 18%. The results were fueled by strong demand for the company's Ethernet and custom accelerators used in AI-centric data centers. At the same time, however, Broadcom's smartphone chip business -- which was once its primary breadwinner - continues to struggle.

This weakness in Broadcom's legacy business contributed to weak guidance for the upcoming fourth quarter, which helped fuel the initial sell-off. However, the company got good news earlier this week, as Apple unveiled its iPhone 16 lineup. Analysts at KeyBanc listed Broadcom as one of the principal beneficiaries, as the upgrade to Wi-fi 7 across those devices requires Broadcom hardware.

Super Micro Jumps 18% Before 10-for-1 Stock Split

Last month, Supermicro announced it would split its shares on a 10-for-1 basis. And Oct. 1 is when the stock will trade on a post-split basis. That means rather than trading at $400 or so per share, the stock price will be around $40 -- assuming it doesn't move a whole lot from where it is right now.

For investors, that's about the main difference they'll see. In your portfolio, your total investment value will remain unchanged, you'll simply have 10 times as many shares and the price will be one-tenth of what it was before the split. But at a lower price, some investors may be more inclined to buy shares of the company, if for instance, they aren't able to own fractional shares, or if they just prefer not to.

Nvidia Stock Rallies 16% as CEO Jensen Huang Addresses the Big Question on Investors ’ Minds

Nvidia ’ s Jensen Huang spoke at a Goldman Sachs conference on Wednesday. He showed off new products earlier this year.

Chief Executive Jensen Huang must be getting this question a lot. He answered it on the company ’ s earnings call in late August, but his response wasn ’ t enough to sway Wall Street, as Nvidia shares headed lower after the report. Huang took another crack at the topic at a Wednesday morning Goldman Sachs event.

It ’ s important to understand where generative AI is in the cycle. Now, "infrastructure players like ourselves and all the cloud service providers put the infrastructure in the cloud so that developers could use these machines to train the models, fine-tune the models, guardrail   the models, so and so forth," Huang said.

‘ The return on that is fantastic because the demand is so great that … every dollar that they spend with us translates to $5 worth of rentals. And that ’ s happening, you know, all over the world, and everything is all sold out. And so the demand for this is just incredible. ’

Oracle Gains 14% After Seeing $104B Sales in Fiscal 2029 on Cloud Expansion

Oracle Corp. said annual revenue will rise to at least $104 billion in fiscal 2029, an optimistic signal on the growth prospects of the software maker ’ s cloud infrastructure business.

Executive Vice President Doug Kehring delivered the forecast Thursday at Oracle ’ s annual briefing for financial analysts. Oracle also raised its sales outlook for fiscal 2026 to at least $66 billion from a prior target of $65 billion. On average analysts estimated revenue of $64.5 billion for 2026, according to a Bloomberg survey.

The Austin-based company, known for its database software, is focused on expanding its toehold in cloud infrastructure, which rents out computer power and storage to compete with Amazon.com Inc., Microsoft Corp. and Alphabet Inc. ’ s Google. Oracle ’ s cloud has developed a reputation for success with generative artificial intelligence workloads — the company touted customers including including Reka and Elon Musk ’ s xAI.

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