00:03 Speaker A

It’s time to cover some of today’s trending tickers brought to you by CBO.

00:09 Speaker A

Watching shares of Nvidia here, which are trading near the highs of the day, but that stock has been under pressure lately with the rest of the chip trade. And we look at the company’s forward price to earnings ratio, it’s at a low not seen since before the AI boom. June 2019.

00:30 Speaker A

That move lower comes amid recent investor wariness with AI spending more broadly and as Wall Street assesses the rapid stock increases.

00:44 Speaker A

Meanwhile Broadcom shares jump after Apple announces it will increase spend with that company. The multi-year agreement with Broadcom is expected to…