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AVGOP - The Market On Pulling Guidance: This Is The Way
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock Series A
The common thread of not providing guidance this earnings season appears to be any sector in tech where orders are not in weeks or months ahead of time. This narrows it down to memory or chip manufacturers with the only near-term visibility to provide guidance - albeit in a wider range. Others like Facebook (FB), Snap (SNAP), or Apple (AAPL) don't have the industry dynamics to predict what their income will be just a few weeks out as consumer demand and business demand is more or less real-time, on