Reported 6 months ago
The benchmark S&P 500 is at a record high, driven by a strong Q1 2024 earnings season which saw nearly 80% of companies surpassing Wall Street expectations. Two prominent companies, CrowdStrike and Broadcom, known for their operational success, are expected to report their financial results in June. CrowdStrike leverages AI for cybersecurity and anticipates significant revenue growth. Broadcom, with a diverse exposure to AI, has seen revenue increase and is set to release its Q2 results in mid-June. Both stocks present long-term investment opportunities.
Source: YAHOO