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Broadcom shares tumble despite a Q2 earnings beat as software revenues miss estimates, putting semiconductor ETFs with AVGO exposure in focus.
Few IPOs in history have generated as much excitement as SpaceX‘s planned June 12 debut on Nasdaq under the ticker SPCX. The company is targeting a valuation of $1.75 trillion, putting it in the top 10 largest companies in the world by market cap — above Tesla‘s (NASDAQ:TSLA) current $1.57 trillion and within striking distance ... SpaceX Reveals It’s Really an AI Company — and That Changes Everything for Investors
AI growth takes priority as Hock Tan says acquisitions look less attractive than Broadcom's infrastructure demand.
Goldman Sachs has told clients to be aggressive buyers of Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) on any share price weakness following the US chipmaker's second-quarter results. In doing so, it argued that the modest near-term disappointment relative to elevated expectations masks an...
Pre-Market Stock Futures: Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the ... Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart,
South Korea's tech-heavy benchmark index closed 5.5% lower today. Yawn. It was only the sixth-worst day of 2026. The Kospi Composite is still up 94% this year, powered by a handful of AI-related stocks.
Micron stock was falling again Friday even after confirmation it has qualified to supply the latest high-bandwidth memory to Nvidia.
By Medha Singh and Twesha Dikshit June 5 (Reuters) - S&P 500 and Nasdaq futures fell on Friday, as chipmakers lost steam following a strong rally and investors stayed cautious ahead of the May
By Anna Szymanski June 5 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
Asian stock markets staged a retreat Friday, as traders warily eyed rich tech-sector valuations, ove
Broadcom Inc. (NASDAQ:AVGO) is one of the leading tech stocks held by Goldman Sachs, with a total portfolio value of $11.15 billion, making it one of Goldman Sachs top tech stocks to buy now. Broadcom Inc. (NASDAQ:AVGO) just released its Q2 FY2026 results, and the company posted record total revenue of $22.2 billion, up 48% […]
U. S. equity futures traded lower on Friday as investors assessed renewed geopolitical tensions in the Middle East and prepared for the release of closely watched U.
Broadcom’s AI forecasts, which some considered soft, triggered a sell-off in AI-linked stocks.
Google has cut a small number of roles in its Threat Intelligence Group and the broader cloud division, according to a Business Insider report.
Nvidia (NVDA) stock is up about 15.98% year to date, at the time of writing, Thursday afternoon, June 4. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10.97% in the same period. While the stock has outpaced the S&P 500, its growth has lagged that of other computer-related ...
↘️ Lululemon Athletica (LULU): The athleisure company cut its outlook for the year, citing challenges including a spike in negative commentary around the brand and a lackluster response to new products.
<body><p>STORY: Asian share markets tumbled on Friday as investors took profits on technology stocks and turned defensive ahead of the weekend.</p><p>There was wariness of the flare-up in Middle East hostilities with U.S.-Iran peace talks in limbo.</p><p>The Iran-backed Hezbollah militia rejected a new ceasefire in Lebanon on Thursday.</p><p>And Israel said it would not withdraw troops from the country...</p><p>undermining U.S. President Donald Trump's efforts to halt fighting there and reach a peace deal with Tehran.</p><p>Meanwhile, an AI-driven selloff after chipmaker Broadcom reported underwhelming results on Wednesday continued into a second day.</p><p>All that left MSCI's broadest index of Asia-Pacific shares outside Japan down 1.8% in Asian trade.</p><p>South Korea's tech-heavy Kospi plunged as much as 7% and Japan's Nikkei fell 1.6%.</p><p>Oil prices were little changed as traders awaited more clarity on U.S.-Iran negotiations...</p><p>though were set for a weekly gain as hostilities earlier in the week raised concerns of a prolonged energy shock.</p><p>European shares slipped at the open and were on track to end the week marginally lower...</p><p>also rattled by the uncertainty.</p><p>The pan-European STOXX 600 index edged 0.2% down in early trade.</p><p>Technology stocks also led declines among sectors with a 2% drop.</p><p>They eased after a strong rally that has helped the shares gain over 33% in the past two months - the most among STOXX 600 sectors.</p></body>
The Morning Bull - US Market Morning Update Friday, Jun, 5 2026 US stock futures are mixed this morning, with Dow contracts edging higher while S&P 500 and Nasdaq futures slip, as investors weigh strong US demand against stubborn inflation and higher rate expectations. The ISM Services index sits at 54.5, a reading that signals many service businesses are still busy, which tends to support jobs and spending. At the same time, durable goods orders are up 4.8%, showing solid appetite for big...
Stocks were headed for the red on Friday as investors ditched tech ahead of the May jobs report, which will give the market a better idea of whether there will be scope for the Federal Reserve to hike interest rates later this year. Futures tracking the Dow Jones Industrial Average rose 29 points, or 0.1%. S&P 500 futures fell 0.6% and contracts tied to the tech-heavy Nasdaq 100 dropped 1.3%.
The Roundhill Memory ETF (DRAM) is a proxy of the red hot memory chip sector.
Europe may not have a Nvidia of its own, but it has become home to some of the world's best-performing AI stocks. Companies supplying the infrastructure behind artificial intelligence — from lasers and optical chips to testing equipment and servers — have delivered gains of up to 2,200% in 2026.View on euronews
Shares have fallen in Asia, with South Korea’s benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. On Wall Street on Thursday, computer chipmaker Broadcom’s shares sank 12.6% when it gave a forecast that fell short of investors’ expectations, raising concerns over the wider AI and technology sector. U.S. memory chip maker Micron Technology dropped 7.7%, and cybersecurity company CrowdStrike Holdings fell 3.8%.
A look at the day ahead in European and global markets from Tom Westbrook The drawdown in tech stocks that has followed a narrow earnings miss at U.S. chipmaker Broadcom deepened in Asia on Friday,
Quantum computing firm Quantinuum raised $1.68 billion in its initial public offering, reportedly seeing 20 times more demand than shares on offer.
Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) fell 4.3% in the afternoon session after it reported Q1 FY2027 results that beat headline estimates on revenue, EPS, and net new ARR, however with the stock up 91% since its prior earnings release, the results did not scale to investor expectation.