SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE H impact

Broadcom, Lululemon, Dell, Snowflake and Alphabet draw retail attention

Retail investors focused on Broadcom, Lululemon, Dell, Snowflake and Alphabet this week, with Broadcom and Dell drawing attention after earnings and Alphabet after a court ruling and AI product launches.

AVGODELLGOOGLLULU

Retail investors talked up five hot stocks during the week (Aug.

31 to Sept.

4) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.

Broadcom Inc. (NASDAQ: AVGO ), Lululemon Athletica Inc. (NASDAQ: LULU ), Dell Technologies Inc. (NYSE: DELL ), Snowflake Inc. (NYSE: SNOW ), and Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ), spanning semiconductor, apparel, hardware, cloud, AI, software, and data centers, reflected strong retail interest.

Broadcom AVGO launched multiple VMware-related products, including Private AI Cloud, AI Factory, AI model support in Cloud Foundation, AI-ready data tools in Tanzu, AgentMinder for AI agent governance, and security enhancements this week.

On Sept.

2, it reported strong third-quarter results with revenue of $29.6 billion, up 86% year-over-year, beating estimates; AI semiconductor sales of $16.7 billion, up 221% YoY, and adjusted EPS of $3.32, also a beat.

However, the fourth-quarter revenue guidance of about $34.8 billion came in slightly below some Wall Street expectations, pressuring the stock despite CEO Hock Tan highlighting continued strong custom AI accelerator demand and long-term AI revenue targets of ~$115 billion in FY2027 and $230 billion in FY2028.

Retail investors had a mixed reaction to AVGO’s earnings, with some expecting the stock to gain while others betting against it.

Source: Reddit The stock has traded in a 52-week range of $289.96 to $495.00, trading around $356 to $362 per share, as of the publication of this article.

It advanced by 18.11% over the year and 13.8% in the last six months.

The stock was up 3.2% year-to-date.

According to Edge Stock Rankings, AVGO was maintaining a weak price trend over the short, medium, and long terms, with a solid quality score.

Lululemon Athletica LULU reported weak second-quarter fiscal 2026 results on Sept.

3, with revenue falling 4% to $2.42 billion, missing estimates, and comparable sales down 9%, driven by an 8% drop in the Americas and softer China trends.

Its diluted EPS came in at $2.92, aided by tariff refunds, but the company cut full-year guidance for a second time to revenue of $10.35—$10.5 billion, down 5—7%, and EPS of $9.48—$9.73, plus a weak third-quarter outlook, citing social-media negativity and core-category slowdowns.

Some retail traders were mocking LULU’s decline, comparing its stock price to the price of the leggings it sells.

Source: Reddit The stock had a 52-week range of $104.44 to $225.98, trading around $97 to $122 per share, as of the publication of this article.

It declined by 38.66% over the year and fell 30.13% in the last six months.

The stock was down 41.40% YTD.

Edge Stock Rankings showed that LULU had a weak price trend in the short, long, and medium terms, with a solid growth score.

Dell Technologies DELL delivered blowout second-quarter fiscal 2027 results on Sept.

1, posting record revenue of about $47 billion, up 58% year-over-year, beating estimates, and non-GAAP EPS of $7.04, up 203%, a major beat, fueled by AI-optimized server revenue of $16.4 billion, a record $60.9 billion in AI server orders, and a $95 billion backlog.

The company sharply raised full-year guidance to $192 billion in revenue, up from ~$167 billion, and $25.50 non-GAAP EPS, with a strong third-quarter outlook as well.

A few retail investors were hoping for DELL to trade above the level of $530 apiece, which would be above its 52-week high.

Source: Reddit The stock had a 52-week range of $110.22 to $530.78, trading around $515 to $521 per share, as of the publication of this article.

It rose by 316.38% over the year and 255.69% in the last six months.

The stock was up 310.22% YTD.

DELL maintains a strong price trend over the long, medium, and short terms, with a poor value score, as per Edge Stock Rankings.

Snowflake SNOW reported strong second-quarter fiscal 2027 results on Sept.

2, with total revenue of $1.55 billion, up 35% YoY, beating estimates, and product revenue of $1.49 billion, up 37%, marking a third straight quarter of acceleration; adjusted EPS of $0.62, well above the $0.45 consensus, and remaining performance obligations of $9 billion, up 30%.

Meanwhile, its AI offerings like CoCo with over 9,100 accounts and CoWork with over 5,800 accounts drove roughly half the growth acceleration, prompting the company to raise full-year product revenue guidance to $6.07 billion from $5.84 billion and lifting shares more than 20%.

Short-selling retail investors were blaming SNOW’s up move for killing their gains, which would have let them purchase put options on other stocks.

Source: Reddit The stock had a 52-week range of $118.30 to $384.55, trading around $355 to $358 per share, as of the publication of this article.

It rose by 55.44% over the year, rose 115.01% over the last six months, and is higher by 62.5% YTD.

According to Edge Stock Rankings, SNOW was maintaining a strong price trend over the long, short, and medium terms.