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S&P 500 Gains and Losses Today: Lululemon Stock Plunges; Broadcom Charges Higher

1. Broadcom reported better-than-expected quarterly results and profits. 2. AI semiconductor demand rose, boosting Broadcom's performance significantly. 3. The company secured $10 billion in orders, likely from OpenAI.

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FAQ

Why Very Bullish?

Broadcom's strong earnings and AI demand may drive stock price up, as seen historically with other tech stock surges.

How important is it?

Strong earnings reports and AI demand have historical precedence of elevating stock performance significantly.

Why Long Term?

Sustained AI demand and significant orders could drive Broadcom's growth in the foreseeable future.

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