Broadcom stock drops 5% on revenue miss

04:20pm, Wednesday, 03'rd Jun 2026
Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report on Wednesday. Leading up to the report, revenue has surged in recent quarters, driven by demand for custom A
Broadcom forecast third-quarter revenue ​above Wall Street expectations on Wednesday, betting ‌on robust demand for its custom AI chips and networking gear.
Revenue of $22,187 million for the second quarter, up 48 percent from the prior year period GAAP net income of $9,310 million for the second quarter; Non-GAAP net income of $12,074 million for the sec
Broadcom‘s (NASDAQ:AVGO) AI machine is running at a pace that makes even the most bullish semiconductor forecasts look conservative.
The Magnificent 7 has a new challenger. Strategist Ben Emons, in a post amplified by Bloomberg's Joe Weisenthal on X, has dubbed a basket of seven semiconductor and AI-hardware names the "Parabolic 7.
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Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) reported record second-quarter revenue and earnings on Wednesday, driven by surging demand for custom AI accelerators,...
Bitcoin (CRYPTO: BTC) slipping out of the top 10 global assets isn't a new story - but it keeps returning with new wrinkles that matter for investors. One month it's firmly seated alongside the world'

Jobs Week Helps Boost Market Sentiment

11:40am, Wednesday, 03'rd Jun 2026
Between JOLTS yesterday and ADP this morning, the labor market looks back on track.
The artificial intelligence boom has created plenty of winners, but one company sits at the center of it all.
Broadcom (AVGO) options are pricing in a roughly 9% post-earnings swing after the chipmaker reports results after Wednesday's close, with near-the-money straddl
Broadcom has beaten the Zacks Consensus EPS estimate in each of the trailing four quarters.
Broadcom is slated to report its latest quarterly earnings after the closing bell today, with traders anticipating a big move in its stock that could take it to new highs.

Kevin Warsh’s $8.6 Trillion Moment of Truth

10:24am, Wednesday, 03'rd Jun 2026
The stock market has spent much of 2026 climbing a wall of worry. Artificial intelligence is reshaping industries, corporate earnings continue to surprise to the upside, and the S&P 500 keeps pushing

5 Things to Know Before the Stock Market Opens

09:05am, Wednesday, 03'rd Jun 2026
Stock futures are mixed after major indexes closed at record highs again yesterday, while oil prices are rising as investors monitor the conflict in the Middle East; chipmaking giant Broadcom is slate
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