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The company will carry out a 10-for-1 forward stock split, in a bid to make its shares more affordable for retail investors. Broadcom manufactures advanced networking chips that help move around vast amount of data used by AI applications such as OpenAI's ChatGPT, making it one of the beneficiaries of businesses heavily investing in the booming technology. Broadcom recorded revenue of $3.1 billion from AI products during the second quarter.

Saudi Arabia is planning to sell shares of the energy giant Aramco for several billion dollars, Azernews reports.

Macy's shares gained Tuesday after the retailer reported first-quarter earnings that indicated its turnaround plan involving 150 store closures appears to be working.

This ASX 200 was sold off on Tuesday. Has this created a buying opportunity for investors? Let's see what Goldman Sachs is saying...