Why Tech Stocks Crashed on Wednesday
The tech market took it on the chin on Wednesday as the trade war picked up steam and the Federal Reserve sounds like it's not going to bail out the market.
Big tech in both the U.S. and China were hit hard today. (NASDAQ: AVGO) fell as much as 6.7%, Alibaba Group (NYSE: BABA) dropped 5.6%, and JD.com (NASDAQ: JD) fell 6.4%.
After the market closed on Tuesday, investors learned that Nvidia would need a license to sell H20 processors into China, but that license hasn't been granted and it doesn't seem likely it will be.
Source Fool.com
Broadcom Ltd. Stock
€275.20
0.730%
The stock is one of the favorites of our community with 91 Buy predictions and 1 Sell predictions.
As a result the target price of 304 € shows a slightly positive potential of 10.47% compared to the current price of 275.2 € for Broadcom Ltd..
