The S&P 500 closed at a record high seven times in June as a string of earnings reports from the likes of Broadcom (AVGO) and Oracle (ORCL) showed demand for artificial intelligence (AI) and the wares that make it work remained as healthy as ever.
Heading into the second half of the year, the tech sector has momentum on its side and Wall Street expects the largest names, including Microsoft (MSFT), Alphabet (GOOGL), and Amazon (AMZN), to continue reporting robust earnings growth.
Below, we look at a few companies with stocks that could see big moves this month.
Broadcom gained close to 21% in June after it reported a surge in AI revenue in its fiscal second quarter and announced a 10-for-1 stock split.
Broadcom joins a growing list of companies splitting their stocks after a massive run-up in share price over …