Check out the companies making the biggest moves premarket: Lululemon Athletica — Shares sank 13% after the athleisure company lowered its full-year earnings and revenue guidance , citing headwinds. The company’s current-quarter earnings and revenue guidance also came below what analysts were expecting, per LSEG. Docusign — The software stock slipped 4% after Docusign’s outlook … Read more
Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets. The combination has left the flagship cryptocurrency vulnerable to further downside pressure as investors scale back risk and capital shifts toward markets with more momentum or more obvious near-term catalysts, like the … Read more
Chipmaker Broadcom declined to boost revenue guidance on Wednesday despite delivering robust quarterly results, triggering a 15% drop in its share price in premarket trading on Thursday. The disappointment spilled over into other semiconductors, with Micron , AMD , SanDisk and Intel all down in morning trading. The big question for investors is whether this … Read more
Check out the companies making the biggest moves in premarket trading: Broadcom — Shares tumbled 15% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion, short of the $22.27 billion expected from analysts polled by LSEG. This marked Broadcom’s first revenue miss since December 2024. The company’s $7.18 billion infrastructure revenue also missed the … Read more
Technology stocks fell in premarket trading Thursday, with chipmakers Broadcom, Micron Technology and Marvell Technology leading the losses as investors fled the semiconductor space. Broadcom shares were down 14.6% ahead of the market open after the company, which designs and makes customized AI chips for other technology names, reported weaker-than-expected earnings on Wednesday. Stock Chart … Read more
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June 3, 2026 in Washington, DC. Kevin Dietsch | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to the latest edition of the Daily Open newsletter. Traders in Asia are evaluating another round … Read more
Broadcom posted strong quarterly results after the bell on Wednesday, but didn’t provide enough upside to its guidance to move the stock higher. Revenue in the fiscal second quarter of 2026, which ended May 3rd, was $22.19 billion, a slight miss versus the $22.27 billion consensus forecast, according to estimates compiled by LSEG. On an … Read more
Nvidia’s massive dividend boost could lay the groundwork for other big tech companies to follow suit. The chipmaker has seen “parabolic” demand for its artificial intelligence chips in data centers and recently said it will expand into chips for personal computers — which will ” reinvent the PC ,” according to CEO Jensen Huang. That … Read more
Some of the top chipmakers paused their spectacular rally on Wednesday, but analysts are expecting big things from Broadcom , which reports earnings after the close. Hyperscalers rely heavily on Broadcom’s application-specific integrated circuits, or ASICs, and the company has deals with frontier software companies Anthropic and OpenAI, so signs of strong demand could translate … Read more
The new phase of “agentic AI” is driving demand for central processing units (CPUs) and computer memory hardware, and that’s resurrecting some older tech stocks that had taken a back seat for several years. Shares of Dell Technologies closed 33% higher on Friday, its best day ever , after it reported surging revenue growth. Intel … Read more