Broadcom Inc. (AVGO)
After hours:
| Previous close | 829.08 |
| Open | 828.00 |
| Bid | 834.22 x 1100 |
| Ask | 835.00 x 800 |
| Day's range | 823.01 - 838.56 |
| 52-week range | 415.07 - 923.67 |
| Volume | |
| Avg. volume | 2,386,944 |
| Market cap | 344.176B |
| Beta (5Y monthly) | 1.12 |
| PE ratio (TTM) | 25.66 |
| EPS (TTM) | 32.50 |
| Earnings date | 06 Dec 2023 - 11 Dec 2023 |
| Forward dividend & yield | 18.40 (2.22%) |
| Ex-dividend date | 20 Sept 2023 |
| 1y target est | 900.03 |
- Investing.com
Netflix ordered to halt patent infringement by German court in ongoing Broadcom dispute
In a significant development in the tech and entertainment industry, a ruling by the District Court of Munich on Monday has found Netflix (NASDAQ:NFLX) guilty of infringing on a patent held by global technology company Broadcom (NASDAQ:NASDAQ:AVGO). This ruling marks a notable milestone in an ongoing patent dispute between the two corporations that began in 2018.
GlobeNewswireMunich Court Rules Netflix Is Infringing Broadcom Video Patent; Imposes Injunction
SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) announced today that the District Court of Munich, Germany, ruled that Netflix is infringing a Broadcom patent related to HEVC/H.265 video coding. The court issued an injunction requiring Netflix to cease and desist all further infringement in Germany. Since 2018, Netflix and Broadcom have been engaged in a wide-ranging patent dispute whereby Broadcom has accused Netflix of infringing numerous U.S., German, and Dutc
Motley FoolCisco Bets Big on Cybersecurity With Its Splunk Acquisition -- Is the Stock a Buy?
In an era of software mega-deals, old network infrastructure giant Cisco Systems (NASDAQ: CSCO) apparently doesn't want to be left out. It just announced it intends to acquire Splunk (NASDAQ: SPLK), which specializes in data log analysis and cloud observability software, for $28 billion in cash. If the deal is approved, it will instantly shoot into the top-five largest software acquisitions ever.
