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Broadcom (AVGO+21.64% ) has surpassed the $1 trillion market cap for the first time after it reported a 220% jump in artificial intelligence revenue. Why generative AI is in its 'Angry Birds' phase, according to DataStax CEO Chet Kapoor CC Share Subtitles Off English Why generative AI is in its 'Angry Birds' phase, according to DataStax CEO Chet Kapoor The chipmaker's shares were up by about 20% during Friday morning trading, pushing its market cap to $1.02 trillion. Broadcom stock is up by about 10o% so far this year. Advertisement The San Jose-based company reported revenues of $14.05 billion for the fourth quarter ended in November — a 51% increase from the previous year. Net income was $4.32... Britney Nguyen
MFS High Yield Municipal Trust ( NYSE:CMU – Get Free Report ) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 162,800 shares, an increase of 131.3% from the November 30th total of 70,400 shares. Based on an average daily trading volume, of 61,600 shares, the days-to-cover ratio is currently 2.6 days. MFS High Yield Municipal Trust Price Performance CMU stock opened at $3.51 on Friday. The business has a 50 day simple moving average of $3.57 and a 200-day simple moving average of $3.56. MFS High Yield Municipal Trust has a twelve month low of $3.20 and a twelve month high of $3.70. MFS High Yield Municipal Trust Announces Dividend The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be paid a $0.0145 dividend. The ex-dividend date is Tuesday, December 17th. Institutional Investors Weigh In On MFS High Yield Municipal Trust About MFS High Yield Municipal Trust ( Get Free Report ) MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. Recommended Stories Receive News & Ratings for MFS High Yield Municipal Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS High Yield Municipal Trust and related companies with MarketBeat.com's FREE daily email newsletter .
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