Today: 15 June 2026
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NASDAQ:AVGO 18 May 2026 - 4 June 2026

Micron Drops as AI Memory Stocks Take a Hit

Micron Drops as AI Memory Stocks Take a Hit

Micron Technology plunged 8.3% to $989.46 after a chip-sector selloff triggered by Broadcom’s revenue miss, but analysts say the memory-chip shortage could last years, with Morgan Stanley raising its target to $1,050; risks remain as Raymond James warns DRAM and NAND prices may peak mid-2026, and supply chain groups caution AI data centers are straining chip availability.
4 June 2026
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Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia shares slipped to $214.75 premarket as a Broadcom-led chip selloff rattled AI stocks, after Broadcom’s disappointing AI chip results and flat 2027 revenue target triggered a $315 billion market value drop; investors are questioning whether Nvidia’s rapid growth and dominance can keep matching sky-high expectations despite record Q1 revenue and expanded buybacks.
4 June 2026
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Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

SanDisk’s Rally Pauses as AI Chip Names Hit Resistance

SanDisk shares plunged 5.7% premarket to $1,727.22 after a record close, as a selloff in AI chip stocks hit sentiment despite surging 672% year-to-date and reporting 97% sequential revenue growth; investors now weigh memory-chip shortage gains against risks of “chipflation,” customer pushback, and policy pressure, with Wall Street watching for updates at the June 9 Mizuho Technology Conference.
4 June 2026
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Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom Shares Touch All-Time High Ahead of Results on Google AI Deal

Broadcom soared 4.7% to a record $481.57 as Alphabet’s $80 billion AI infrastructure equity raise sharpened focus on Broadcom’s custom AI chip and networking supply, with investors eyeing tomorrow’s earnings and guidance; options pricing signals potential 9% stock swing post-results, as the stock trades at 120 times earnings and faces high expectations for continued AI-driven growth.
3 June 2026
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Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play

Coherent Stock Is Surging Again — Here’s Why Wall Street Is Chasing AI’s Hidden Bottleneck

Coherent shares soared 17% to $425.44 after strong Q3 results and renewed AI infrastructure demand, fueled by Nvidia’s $2 billion March investment and fresh focus on supply bottlenecks; the company guided Q4 revenue as high as $2.05 billion, but risks remain if AI spending or Nvidia-linked demand falters.
2 June 2026
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Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom jumped 3% to $459.97 ahead of Wednesday’s Q2 earnings, with options pricing in a 9% swing either way. Analysts raised targets, led by HSBC’s $600 call. Investors focus on AI chip and networking demand through 2027 after Q1 AI revenue soared 106% to $8.4B. Q2 guidance: $22B revenue, 68% adjusted EBITDA margin. Risks flagged if AI orders or forecasts disappoint as stock nears consensus target.
2 June 2026
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Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally

Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally

Broadcom soared 4.73% to a record $446.77 Friday, up 7.9% for the week, ahead of its June 3 fiscal Q2 report seen as a key test for AI chip demand. The company previously guided for $22 billion in Q2 revenue, with $10.7 billion from AI chips. Analysts raised price targets, citing strong custom XPU momentum. Broadcom is also backing Anthropic’s $36 billion AI hardware financing. Investors await management’s outlook and July-quarter guidance.
31 May 2026
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Anthropic News Today (December 5, 2025): Snowflake’s $200M Agentic AI Deal, Safety Grades, IPO Talk, Claude Outage and a New “Interviewer” Tool

Anthropic lands $965B valuation as Wall Street eyes next AI move

Anthropic raised $65 billion in Series H funding, reaching a $965 billion valuation and surpassing OpenAI’s $852 billion mark. The deal, led by Altimeter Capital and others, comes as U.S. stocks hit record highs in a holiday-shortened week. Anthropic reported run-rate revenue above $47 billion in May. Investors are watching for possible debt financing and a public listing later this year.
30 May 2026
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Broadcom shares set new high after $36B Anthropic AI chip deal backs AVGO rally

Broadcom shares set new high after $36B Anthropic AI chip deal backs AVGO rally

Broadcom shares hit a record $448.44 Friday before slipping to $434.48, with trading volume near 14.8 million and a market cap of $2.11 trillion. Investors watched ahead of Broadcom’s June 3 earnings, as demand for AI chips remains strong. Apollo and Blackstone are seeking $36 billion in debt financing for Anthropic’s Google TPU purchases, with Broadcom backing key payments. Analyst targets for Broadcom rose on optimism for its custom chip business.
29 May 2026
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3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

Direxion Daily Semiconductor Bull 3X Shares (SOXL) traded just above $220 early Friday, down from a $224.63 close after a steep rally tied to AI chip demand. A $100,000 investment in SOXL a year ago would have grown to about $1.28 million by May 27, according to 24/7 Wall St. Nvidia posted record quarterly revenue of $81.6 billion, mostly from data centers. U.S. technology funds saw $2.75 billion in inflows last week.
29 May 2026
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Broadcom puts $125 million into UCLA AI chip center

Broadcom puts $125 million into UCLA AI chip center

Broadcom, Meta Platforms, Applied Materials, GlobalFoundries, and Synopsys are investing $125 million to launch a semiconductor center at UCLA, aiming to advance custom AI chip development, the university said. The five-year hub will support doctoral research and offer internships at the founding firms. Broadcom shares were flat pre-market at $414.14, while Meta rose 0.5% and Nvidia fell 1.9%.
26 May 2026
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Nvidia Stock Slips Ahead of Earnings as Wall Street Eyes $5 Trillion Mark

Nvidia Stock Slips Ahead of Earnings as Wall Street Eyes $5 Trillion Mark

Nvidia shares fell 2.8% to $219.05 on Monday ahead of its fiscal first-quarter results due Wednesday. AMD dropped 3.0% and Broadcom lost 2.2%, weighing on chip stocks. The Philadelphia Semiconductor Index slid 3.8% as investors booked profits and Treasury yields rose. Analysts expect Nvidia to report $78.5 billion in quarterly revenue, with data center sales in focus.
18 May 2026
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Broadcom’s $2T AI Surge Heads for June Test

Broadcom’s $2T AI Surge Heads for June Test

UBS raised its Broadcom price target to $490 from $475 ahead of the chipmaker’s June 3 earnings report. Broadcom shares fell 1.6% to $418.45 midday Monday, valuing the company at about $2.03 trillion. Wall Street is watching whether custom AI chip demand can support the stock’s rally. Broadcom expects $22 billion in second-quarter revenue, including $10.7 billion from AI semiconductors.
18 May 2026
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Stock Market Today

  • Adobe Q2 Fiscal 2025 Earnings Preview: Growth Driven by AI Innovations and Partnerships
    June 15, 2026, 2:08 PM EDT. Adobe Inc. (ADBE) is set to report Q2 fiscal 2025 results on June 12, with projected revenues between $5.77 billion and $5.82 billion, indicating nearly 9% year-over-year growth. Non-GAAP earnings are expected at $4.95 to $5 per share, up about 10.7% from last year. Strong performance is anticipated from Digital Media and Digital Experience segments, which benefit from the expansion of Adobe's Generative AI portfolio, including Firefly Image Model 3 and new video models integrated into key creative tools like Photoshop and Premiere. Partnerships with Amazon, Microsoft and Alphabet, alongside growing adoption of Adobe Express and AI-driven Document Cloud features, support Adobe's positive outlook amid robust demand in creative and enterprise content solutions.

Latest articles

Pattern Group Slides as Knox Lane Affiliate Plans 8 Million Share Sale

Pattern Group Slides as Knox Lane Affiliate Plans 8 Million Share Sale

15 June 2026
Pattern Group shares plunged 11% to $18.61 after a Knox Lane-affiliated pre-IPO holder launched a secondary offering of 8 million Series A shares, with an option for 1.2 million more; Pattern will not receive proceeds, and the increased share supply weighed on investor sentiment.
Nasdaq Tech Stocks Climb, QQQ Gains After U.S.-Iran Deal Hopes

Nasdaq Tech Stocks Climb, QQQ Gains After U.S.-Iran Deal Hopes

15 June 2026
Invesco QQQ Trust surged 3.1% to $743.54 as a preliminary U.S.-Iran deal sent oil prices down 5%, easing inflation and rate-hike fears, and fueling a tech-led rally with chip stocks like Micron up 9.2% and Nvidia up 3%, while leveraged fund TQQQ soared 9.2%.
Accenture drops on Morgan Stanley downgrade tied to AI spending

Accenture drops on Morgan Stanley downgrade tied to AI spending

15 June 2026
Morgan Stanley downgraded Accenture to Equal Weight and slashed its price target to $177 from $240, citing weaker-than-expected IT services budget growth and AI spending pressure; Accenture shares recently traded near $169, down about 0.8%, after falling 43.9% over the past year as investors await clarity on AI-driven demand ahead of the June 18 earnings call.
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