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CNBC

Broadcom's stock drops 5% as weak guidance overshadows earnings beat

Wednesday, September 2, 2026


Broadcom forecast revenue below analyst expectations for the current quarter. The company reported earnings that exceeded estimates in its most recent quarter. The stock declined 5 percent following the guidance announcement.

Original reporting: https://www.cnbc.com/2026/09/02/broadcom-avgo-q3-earnings-report-2026.html

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