Investors have been banking on the vast potential of generative AI. The unwinding of a "carry trade" rocked global markets, and Nvidia suffered a rare fumble.

Bill Baruch, founder & president at Blue Line Capital, joins CNBC's “Halftime Report” to discuss his latest portfolio moves.

Broadcom Inc. (AVGO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The S&P 500 is down "only" 6.1% since its July 16 high. So why does the drop feel so bad?

PALO ALTO, Calif. , Aug. 5, 2024 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its third quarter fiscal year 2024 financial results and business outlook on Thursday, September 5, 2024 after the close of the market.

Market volatility has picked up significantly, with tech stocks (again) leading the entire market lower on Thursday, a day after recovering markedly from Wednesday's losses. Indeed, it can be a rather stomach-churning experience to be invested in stock markets these days.

Broadcom and Chipotle both completed stock splits recently after their shares soared into thousand-dollar territory. The companies each reported double-digit revenue growth in the recent quarter.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.6%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.

Broadcom's (NASDAQ: AVGO ) stock is an optimistic buy in line with high AI and networking capabilities. In fiscal Q2 2024, Broadcom had net revenue of $12.5 billion, a 43% year-over-year (YOY) increase.

Broadcom's (AVGO) strong portfolio and expanding AI offerings make its top-line growth prospects bright in the long run.

Stephanie Link and Bill Baruch join CNBC's “Halftime Report” to detail their latest moves.

In July, most AI stocks entered a correction as the rotation into sectors such as homebuilders and banks gained momentum. Still, any pullbacks in these stocks present a buying opportunity.