Broadcom Jumps, Keurig Dr. Pepper Climbs, JPMorgan Chase Funnels $1.5T into Security Industries
On this episode of Stock Movers:
- Broadcom (AVGO) shares jumped after OpenAI agreed to buy the company’s custom chips and networking equipment in a multiyear deal, part of an ambitious plan by the startup to add artificial intelligence infrastructure.
- Keurig Dr Pepper (KDP) jumped on Monday after the Financial Times reported that Starboard Value had built a stake in the beverage company.
- JPMorgan Chase & Co. (JPM) vowed to funnel $1.5 trillion into industries that bolster US economic security and resiliency over the next 10 years — an initiative that will invest billions of dollars in companies and hire bankers and other professionals.
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