Broadcom earnings report delivered on the top line yet forward guidance disappointed, which allows for a discounted entry. I want to use options to define risk and participate in a bounce of this high beta tech stock. Overall weakness via profit taking in tech should be short-lived. When you look at the Q2 earnings report … Read more
Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Stock Chart IconStock chart icon How bitcoin has fared over the past year. A bitcoin rebound, or characteristic dip-buying by investors, is yet to take place. It was last seen trading at $62,500, meaning it is down … Read more
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
Signage at the Broadcom Inc. headquarters in San Jose, California, June 2, 2025. David Paul Morris | Bloomberg | Getty Images European stocks followed global peers lower on Friday as investors monitor a global sell-off in chipmaking tech names. Shortly after the opening bell, the pan-European Stoxx 600 index opened down 0.2%. London’s FTSE 100 … Read more
A circuit board displayed inside the Texas Instruments (TI) semiconductor wafer plant in Sherman, Texas, US, on Wednesday, Dec. 17, 2025. Desiree Rios | Bloomberg | Getty Images Asian tech shares on Friday tracked losses in U.S. chip stocks after a downbeat earnings report from Broadcom sparked a rotation out of artificial intelligence-linked names into … Read more
A pedestrian walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets were set to open mixed Friday after a rotation out of chip stocks on Wall Street lifted the Dow Jones Industrial … 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
The stock market rally could be in trouble here as tech falters, and traders at Barclays think investors should protect themselves. The S & P 500 this week hit a fresh record high, topping 7,600 for the first time. However, the benchmark is down 0.4% for the week as some of the biggest tech-related names … Read more
Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Broadcom as overweight Morgan Stanley raised its price target on Broadcom to $502 per share from $485 following earnings. “Very strong results amid even higher expectations – but the growth trend remains very strong. PT up to $502, reiterate OW.” Jefferies upgrades RTX to … 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