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Broadcom Jumps on Stock Split News, Tesla Investors Vote on Musk Pay Package: Yahoo Finance
Broadcom Stock (AVGO) are rising in early trading. In addition to reporting better-than-expected second-quarter results, the chip company announced a 10-for-1 stock split that will occur after the market closes on July 12. Meanwhile, Tesla (TSLA) CEO Elon Musk posted on X that shareholder resolutions that would reinstate his $46 billion salary package and move the company’s incorporation to Texas are both “passing by wide margins.” The final results of the counts are expected today. Other trending tickers on Yahoo Finance include Nvidia (NVDA), Arms (ARM) and Adobe (ADBE).
Today’s key guests include:
9:00 am ET – Krishna Guhavice president of Evercore ISI
9:10 am ET – Garrett NelsonCFRA Research Analyst
9:35 am ET – Brent SchutteChief Investment Officer at Northwestern Mutual Wealth Management
10:00 am ET – Mohamed El-ErianChief Economic Advisor at Allianz
11:30 am ET – Jere DoyleBNY Wealth Tax and Estate Planning Strategist