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NASDAQ:AVGO 30 May 2026 - 5 June 2026

Broadcom Inc. (NASDAQ:AVGO) Shares Rise 7% as $128 Billion AI Deals Spotlight Funding Concerns
Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

Dow closes at a fresh high as U.S. stocks mostly edge up The Dow Jones Industrial Average jumped 874.86 points, or 1.73%, finishing at 51,561.93. The S&P 500 was up 30.63 points, or 0.41%, to 7,584.31. The Nasdaq Composite slipped 23.02 points, or 0.09%, ending at 26,830.96. Stocks ended mostly higher Thursday, but after-hours trading looked choppy as traders watched a chip drop, a Lululemon alert, and waited for a jobs report due Friday.
After The Bell: Dow Hits Record As Oil Slides, But Broadcom Sends A Warning On AI

After The Bell: Dow Hits Record As Oil Slides, But Broadcom Sends A Warning On AI

Wall Street rose on Thursday, and the Dow Jones Industrial Average touched a record high, as easing oil prices and hopes for progress toward ending the Iran war pulled buyers into healthcare and financial shares. The Dow rose 809.88 points, or 1.60%, to 51,496.83, the S&P 500 gained 39.74 points, or 0.53%, to 7,593.42, and the Nasdaq Composite added 60.69 points, or 0.23%, to 26,915.12; Oliver Pursche, senior vice president at Wealthspire Advisors, called the chip move “rational exuberance” after Broadcom fell while Nvidia and Taiwan Semiconductor rose.
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.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap

NYSE: AER 95 / 100
#2 BUY

Uber

NYSE: UBER 93 / 100
#3 BUY ON WEAKNESS

Taiwan Semiconductor

NYSE: TSM 91 / 100
#4 TACTICAL BUY

dLocal

NASDAQ: DLO 89 / 100
#5 BUY THE RESET

Tapestry

NYSE: TPR 86 / 100
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Editorial model selection. Not personalised advice.