HomeMarketsU.S. EconomyStock Market This Week: AVGO All-Time High, ORCL & ADBE Down, GOOGL Quantum Chip

Stock Market This Week: AVGO All-Time High, ORCL & ADBE Down, GOOGL Quantum Chip

The NDX tapped new highs but the other indices didn't gather that same strength during a weaker market week. However, Broadcom (AVGO) shined as a huge winner thanks to an earnings rally that sent its stock to its own all-time high. Alphabet (GOOGL) gained the most out of its Mag 7 peers after announcing what it considers a groundbreaking quantum chip. Software showed weakness with Oracle (ORCL) and Adobe (ADBE) slipping after earnings. Oliver Renick runs through the week's biggest market movers.

13 Dec 2024

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