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Nasdaq 100 Declines as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- A selloff in high-flying chipmakers weighed on stocks, with Broadcom Inc.’s underwhelming outlook testing the artificial-intelligence trade that has powered the market from war-driven lows.
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zerohedge.com
Broadcom Crashes After AI Chip Revenue Forecast Misses
Broadcom forecast that AI semiconductor revenue will be $16 billion in Q3, missing analyst estimates of $17.2 billion.
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straitstimes.com
Broadcom shares tumble after its AI chip forecast disappoints investors
Broadcom has been one of the biggest beneficiaries of the AI race. Read more at straitstimes.com. Read more at straitstimes.com.
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cryptobriefing.com
Broadcom's forecast disappoints as AI sales growth slows, stock drops 11%
Broadcom's Q2 AI revenue surged 143% to $10.8 billion, but Q3 guidance of $16 billion missed Wall Street's $17.2 billion estimate, sparking an 11-13% stock
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swissinfo.ch
Asian Stocks Drop After Broadcom Outlook, Oil Dips: Markets Wrap
(Bloomberg) -- Asian stocks fell alongside US equity-index futures as the AI-fueled rally that powered global equities to record highs lost momentum after a weak forecast from…
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Asian Stocks Retreat From Record on Tech, Oil Dips: Markets Wrap
(Bloomberg) -- Asian stocks fell alongside US equity-index futures as the AI-fueled rally that powered global equities to record highs lost momentum after a weak forecast from…
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Broadcom shares fall 4% despite record $22B revenue and 143% AI chip growth
Broadcom posted record $22.19B revenue and 143% AI chip growth, but shares dropped 4% after hours as investors sold the news on sky-high expectations.
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Stocks Fall From Record on Broadcom Miss, Oil Dips: Markets Wrap
(Bloomberg) -- Asian stocks fell alongside US equity-index futures as the AI-fueled rally that powered global equities to record highs lost momentum after a weak forecast from…
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US Stocks Retreat as Broadcom Miss Tests AI Trade: Markets Wrap
(Bloomberg) -- US stocks fell after a disappointing outlook from Broadcom Inc. raised doubts that the blistering rally in technology shares had gone too far.
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channelnewsasia.com
Broadcom set to shed $300 billion in value as AI results fail to impress
June 4 : Broadcom shares slumped more than 14 per cent on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations around demand for its…
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Nasdaq Futures Tumble as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- Stocks fell after a disappointing outlook from Broadcom Inc. triggered doubts that the blistering rally in technology shares had gone too far.
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euronews.com
AI giant Broadcom sheds $300bn as outlook misses sky-high expectations
The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but its refusal to raise its long-term sales target sent shares tumbling more than…
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Nasdaq Futures Fall 1% as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- Stocks fell after a disappointing outlook from Broadcom Inc. triggered doubts that the blistering rally in technology shares had gone too far.
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cnbc.com
Micron, Marvell, and Broadcom lead chipmakers' premarket losses
U.S. chipmakers plunged in premarket trading after Broadcom earnings disappointed investors.
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qz.com
Broadcom Q2 earnings miss drags Nasdaq futures lower
Nasdaq 100 futures fell more than 1% as Broadcom's underwhelming AI chip guidance and escalating U.S.-Iran tensions pushed markets toward a second losing day
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benzinga.com
Why Is Broadcom Stock Sinking Thursday? - Broadcom (NASDAQ:AVGO)
Broadcom's AI revenue surges 143% to $10.8B in Q2. The chipmaker projects AI revenue to exceed $100B by 2027.
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businessday.co.za
Broadcom tumbles as AI boom fails to meet lofty expectations
Investors punish Broadcom as strong AI growth falls short of hopes
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economictimes.indiatimes.com
Broadcom set to shed $300 billion in value as AI results fail to impress - The Economic Times
Broadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip companies too. Despite the setback, Broadcom's…
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US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocks
The S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally…
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US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%
The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest one-day wipeouts ever.
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Nasdaq 100 Declines as Broadcom Tests AI Trade: Markets Wrap
(Bloomberg) -- A selloff in high-flying chipmakers weighed on stocks, with Broadcom Inc.’s underwhelming outlook testing the artificial-intelligence trade that has powered the…