Broadcom and Oracle shares slide on competitive pressures

Broadcom and Oracle equities eased on heightened competition concerns and sector rotation amid mixed tech sector signals.

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3 days ago

Broadcom and Oracle shares slide on competitive pressures

Broadcom and Oracle shares slide on competitive pressures
Shares of Broadcom and Oracle slipped as competitive pressures intensified in enterprise software and semiconductor markets, according to market commentators. Broadcom faced investor concerns about margin sustainability in AI-linked product segments, while Oracle’s stock traded lower amid questions over near-term growth catalysts. 
Companies:
  • Broadcom
  • Oracle
Tags:
  • stocks
  • broadcom