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NASDAQ:AVGO 12 May 2026 - 4 June 2026

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Broadcom took a hit after the bell Wednesday, with shares sliding in after-hours trade as Wall Street pulled back from recent highs. Traders sold off one of the top artificial-intelligence names of the year as momentum across the broader market faded. After-hours trading on Nasdaq runs from 4 p.m. to 8 p.m. ET. Broadcom slipped to $413.62 in after-hours trade, down 13.69% from its $479.23 close. Reuters said Broadcom missed Wall Street’s second-quarter revenue target and kept its long-term AI-chip sales forecast steady. AI-linked chip stocks had been one of the last strong spots early, with oil and rate fears knocking most other sectors lower.
4 June 2026
Broadcom’s $280 Billion AI Rally Hits Key Test

Broadcom’s $280 Billion AI Rally Hits Key Test

Broadcom heads into Wednesday’s earnings after shares ran higher for four days. Traders have piled into custom AI chips and data-center networking plays, boosted this week by Alphabet’s $80 billion stock sale plan and a record move in Marvell Technology. Broadcom is due to post its fiscal Q2 numbers after the close, with a results call set for 5:00 p.m. ET, the company said. Timing is in play. Investors are shifting values for the companies making the hardware behind artificial intelligence: custom processors, optical connections, and switching chips that shuttle data through big server centers. Broadcom is part of that supply chain, tied to Google’s tensor processing units—custom AI chips built by Google together with external chipmakers.
Dow futures edge lower with oil up, markets watch Wall Street highs

Dow futures edge lower with oil up, markets watch Wall Street highs

U.S. stock futures wobbled early Wednesday. A crude oil rally put pressure on Wall Street’s string of record highs, with traders questioning if the artificial-intelligence trade still has fuel to push the market further. Dow Jones futures dropped 197 points, or 0.38%, to 51,203 in early trading at 5:46 a.m. ET. S&P 500 futures fell 9 points, or 0.12%, to 7,614.75. Nasdaq 100 futures edged up 41 points, or 0.13%, to 30,753.75. Brent crude traded higher at $98.62, up 2.79%, and U.S. WTI crude was at $96.96, rising 3.41%, according to Markets Insider.
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 Inc. shares hit an all-time high Tuesday, gaining after Alphabet said it plans to raise $80 billion for AI infrastructure. The move pushed the chip stock higher ahead of its earnings release set for Wednesday. Broadcom shares jumped 4.7% to $481.57, hitting a session high of $494.93. More than 37.5 million shares changed hands, much heavier than usual. The chipmaker’s market cap reached roughly $2.34 trillion.
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 Corp. shares jumped about 17% in Tuesday midday trading, putting the photonics and optical-networking supplier back at the center of Wall Street’s AI infrastructure trade. The stock was last quoted at $425.44, up $62.54, after touching $433.12 earlier in the session. The move stood out against a calmer tape. The SPDR S&P 500 ETF Trust, a widely used proxy for the U.S. benchmark index, was up about 0.2%, suggesting the rally was less about the whole market and more about a fresh chase into companies tied to AI data-center buildouts.
Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom Shares Up Ahead of Earnings With AI Sales in Focus

Broadcom Inc. shares gained roughly 3% late Monday as traders set up ahead of the chip and software firm’s quarterly report, seen as a test for demand on its AI chip business after a strong run this year. The stock last traded at $459.97. Volume was above 30 million shares, moving between $443.00 and $477.77 during the session. Timing is in focus. Broadcom has its fiscal second-quarter numbers coming after the close on Wednesday, June 3. A management call is at 5 p.m. ET, according to the company. Nasdaq's regular session is 9:30 a.m. to 4 p.m. ET, with after-hours trading running until 8 p.m. June 1 does not show up as a 2026 market holiday.
Broadcom Shares Hit Record; Week Ahead Seen Key for AI Rally

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

Broadcom Inc. wrapped up the holiday week at an all-time high. Investors now look ahead to Wednesday, when the chipmaker’s fiscal Q2 earnings are set to become a key test for the AI trade. The stock added 4.73% to finish Friday at $446.77, after hitting $448.90 during the day. It’s up 7.9% over last Friday’s close of $414.14. Nasdaq trading was closed on Sunday, after a week cut short by the Memorial Day holiday on Monday when U.S. exchanges were also shut.
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 landed a near-$1 trillion valuation, putting a fresh figure on the premium Wall Street is paying for cutting-edge AI. The number dropped while U.S. markets stayed closed for the weekend after a solid week driven by tech. Anthropic said Thursday it raised $65 billion in a Series H round led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. The San Francisco firm, which makes Claude, now carries a post-money valuation of $965 billion. Anthropic said run-rate revenue passed $47 billion earlier in May.
30 May 2026
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 Inc. climbed to a record high in Friday trading before retreating. The chipmaker drew investor attention ahead of its earnings report next week, as AI infrastructure demand remains in focus. Broadcom shares were up 1.9% to $434.48, after touching $448.44 earlier. Investing.com reported the stock reached an all-time high in morning action. Around 14.8 million shares traded, with market cap near $2.11 trillion.
29 May 2026
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 traded just above $220 early Friday, down from a $224.63 close, according to market data. That follows a big run over the past year. 24/7 Wall St. estimated a $100,000 investment made on May 28, 2025, would have been worth around $1.28 million by May 27. AI-chip bets are spreading beyond Nvidia. U.S. equity funds brought in $1.97 billion during the week to May 27, Reuters reported. Technology funds saw $2.75 billion of inflows, making it eight weeks in a row. Nvidia recently pointed to strong demand for its AI chips.
Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week

Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week

Broadcom options imply the stock could move around 7.5% in either direction following its quarterly earnings, due after the close on June 3, Bloomberg data shows. That sets up next week's results as a key moment for one of the market's top AI names. Broadcom is shifting from a reputation as a broad chip and software maker to one focused on custom AI silicon. Its market cap stood at about $2.04 trillion Wednesday. Shares were off about 0.5% to $419.70 in the morning. Nvidia dropped 2.3% and Marvell fell 2.8%, putting pressure on AI chip stocks.
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 putting $125 million into a new semiconductor center at UCLA, the university's engineering school said. The group is aiming to give a boost to custom AI chip efforts. The news came from the UCLA Samueli School of Engineering. Broadcom has turned into a key public trade on ASICs, or application-specific integrated circuits, as tech giants look to cut AI data center costs and power use. The timing is in focus ahead of Broadcom’s second-quarter fiscal 2026 earnings, due after the bell on June 3.
Stocks Trade as Usual Today, Bonds Close Early Ahead of Memorial Day

Stocks Trade as Usual Today, Bonds Close Early Ahead of Memorial Day

U.S. stock markets will run on their regular hours Friday. The U.S. bond market closes early ahead of Memorial Day, trimming trading time for Treasuries and other debt before the three-day weekend. Stocks had not started regular trading at this time. The NYSE’s normal hours are 9:30 a.m. to 4:00 p.m. Eastern. For 2026, both the NYSE and Nasdaq say Memorial Day—Monday, May 25—is a full market holiday.
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 NVDA slid 2.8% to $219.05 on Monday, pulling chip stocks lower as traders lightened up on positions ahead of its fiscal first-quarter report this week. Shares earlier hit $230.62. Nvidia’s market cap sits at about $5.36 trillion. Nvidia isn’t just another chip stock anymore. Now the top company by market value, its results are a test for the whole artificial intelligence trade — the buying of stocks linked to AI, or software that does tasks people used to do.
Broadcom’s $2T AI Surge Heads for June Test

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

Broadcom got another price-target bump from Wall Street on Monday. Investors shrugged off a recent dip in the stock, focusing instead on the June earnings report, which could prove important for one of the biggest AI plays in the market. UBS analyst Timothy Arcuri bumped Broadcom’s price target to $490 from $475 while maintaining a buy rating, TipRanks and Investing.com reported. This comes after Wells Fargo and TD Cowen also raised their targets last week, fueling ongoing debate over whether the market is still underestimating Broadcom’s custom AI chip business.
Broadcom Slips as AI Chip Stocks See Selling

Broadcom Slips as AI Chip Stocks See Selling

Broadcom shares slipped Friday, with investors pulling back from AI chip names after a rally sent top U.S. indexes to new highs. The stock fell 3.3% to $425.19. That was a worse fall than the S&P 500, which lost 1.2%, with semis weaker across the board. Nvidia closed down 4.4%. Advanced Micro Devices fell 5.7% and Marvell Technology was off 3.1%. Broadcom sat mid-pack in the AI-chip move, with the drop looking more like part of the wider pullback in the group than a Broadcom-specific move.
16 May 2026
Top AI Stocks To Watch Today: Nvidia, Microsoft, Broadcom, AMD, Palantir And Cerebras Face A Yield Test

Top AI Stocks To Watch Today: Nvidia, Microsoft, Broadcom, AMD, Palantir And Cerebras Face A Yield Test

Friday’s open looked shaky for U.S. artificial intelligence shares, with higher Treasury yields and climbing oil prices threatening to derail the AI-driven surge that just sent Wall Street to fresh records. Nvidia, Microsoft, Broadcom, AMD, Palantir, and Cerebras—just public—are all in focus, but the market mood is notably harsher than on Thursday. Why now? Once more, AI is pulling much of the market’s weight. The S&P 500 and Nasdaq both finished at record highs on Thursday. Nvidia climbed 4.4% after U.S. officials approved H200 chip sales to certain Chinese companies. Over in IPO action, Cerebras soared 68.2% during its debut session.
Broadcom Stock Hits Record Before June 3 Earnings as Wall Street Bets AI Has More Room to Run

Broadcom Stock Hits Record Before June 3 Earnings as Wall Street Bets AI Has More Room to Run

Broadcom climbed roughly 4.6% by midday Thursday, reaching a new record as investors rotated into the AI infrastructure heavyweight ahead of its June 3 earnings. The stock last traded at $436.03, not far off its session peak of $439.70. The timing is key here. Broadcom has said it plans to release its fiscal second-quarter numbers after the bell on June 3. Management is set to talk at 2 p.m. Pacific, 5 p.m. Eastern. Investors will be watching to see if appetite for the company’s AI chips and networking hardware still tops the higher bar set by Wall Street.
Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again

Nvidia’s China Opening Turns AI Stocks Into a Policy Trade Again

AI stocks weren’t reacting to the usual chip unveil or a flashy new model this time. It was all about access. Nvidia’s Jensen Huang landing a spot on Trump’s China delegation sent a clear message—traders saw a possible opening, maybe some movement on advanced AI-chip sales between the U.S. and China. Nasdaq 100 futures climbed 0.82% as of 05:35 a.m. ET. The Dow futures, though, edged lower, underscoring how specific the buying was. This comes into focus as Nvidia faces ongoing hurdles getting approval to sell its H200 AI chips in China. A reversal in policy wouldn't impact revenue overnight. What would shift is how markets value the stock: China could go back to being seen as an unlockable opportunity, not just a ceiling. Trump talked about urging Xi Jinping to “open up” China to U.S. business, Nvidia right there at the table.
SMH vs SOXX vs SOXL: AI Chip ETF Rally Hits Its Hardest Test Yet

SMH vs SOXX vs SOXL: AI Chip ETF Rally Hits Its Hardest Test Yet

Semiconductor ETFs took a steep dive on Tuesday. The leveraged Direxion Daily Semiconductor Bull 3X Shares plunged nearly 12.4% just before 11 a.m. in New York—a sharp swing for a fund that’s been one of 2026’s most popular AI hardware bets. Losses rippled across the sector: VanEck Semiconductor ETF fell around 3.5%, iShares Semiconductor ETF slipped 4.1%, and First Trust Nasdaq Semiconductor ETF dropped close to 4.5%. This move landed just a day after both the S&P 500 and Nasdaq notched record closes, coming on the heels of a U.S. inflation report that hit hotter than expected and dented optimism for looser policy. According to Reuters, consumer prices in April climbed 3.8% year-over-year, topping the 3.7% forecast from economists. Doug Beath, global equity strategist at Wells Fargo Investment Institute, pointed out that markets have been “slow to appreciate the economic damage” caused by higher prices.
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Stock Market Today

  • Asia stocks climb on chipmaker bounce, oil dip
    July 3, 2026, 1:20 AM EDT. Asia shares rose, with chipmaker stocks bouncing back after their drop earlier this week. Weak oil prices also helped, cutting some inflation worries and lifting sentiment. Tech names were in focus, as gains in chips and cheaper energy looked set to support earnings. Major Asia indexes moved higher, with investors hoping for more growth even as global uncertainty lingers.
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