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● Tigress set a $600 price target on Broadcom.
● BIO-key announced another Middle East government contract.
● Rival Synopsys also fell, closing at $422.48.
● Software rebounded while semiconductors and AI hardware sold off.
● Cisco sells switches, routers and security systems for data centers and corporate networks.
● Alphabet had no company-specific news during the session.
● Marvell designs custom AI chips for large cloud companies.
● Microsoft reports earnings on Wednesday, October 28.
● Shopify sells software that lets merchants run online stores and process payments.
● Earnings of $2.62 a share beat the $2.40 estimate.
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