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SanDisk Corp. (NASDAQ: SNDK ) stock is down Friday morning as investors weighed the stock’s massive 2026 rally against continued optimism around AI-driven memory demand and tight NAND supply. Nasdaq futures gained 1.18%, while S&P 500 futures rose 0.85%, signaling broader strength in mega-cap technology even as some hi
President Donald Trump and First Lady Melania Trump welcomed Chinese President Xi Jinping and his wife on a red carpet at Joint Base Andrews on Wednesday, kicking off a three-day visit amid tensions over trade, artificial intelligence, and Taiwan. Chinese President said that the U.S. and China, as leading artificial-in
Broadcom Inc. (NASDAQ: AVGO ) stock fell more than 1% Thursday as investors weighed fresh scrutiny of its data center switch business in China against broader weakness in technology stocks. The Nasdaq slipped 0.06%, while the Technology sector fell 0.36%, adding to pressure on Broadcom shares. China Targets Broadcom De
Main US indexes modestly red; Dow off most, down ~0.4% Materials weakest S&P 500 sector; just energy up slightly Euro STOXX 600 index down >1% Dollar edges up, gold up ~0.5%, US crude down slightly; bitcoin rallies >5% US 10-year Treasury yield rises to ~5.0% Welcome to the home for real-time coverage of markets brough
U.S. stock futures are trending higher early Wednesday as investors await the Federal Reserve’s highly anticipated interest rate decision and weigh cooling fears over an AI slowdown against the massive economic costs of the U.S.-Iran conflict. The Polymarket (CRYPTO: POL) crowd is leaning bullish for the Sept. 16 tradi
Billionaire activist Dan Loeb ‘s Third Point LLC raised a stake in ASML Holding (NASDAQ: ASML ) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing it from 12,000 in the first quarter of 2026 to 30,000 as of June 30. Meanwhile, Third Point exited its entire stake in
U.S. stocks were mixed Monday as AI hardware shares sold off and cyber names gained after weekend remarks from Anthropic, OpenAI and xAI leaders calling for a slower pace of model development. The 10-year Treasury yield briefly touched 5% and WTI crude rose 2.4% to $102.43.
Retail investors talked up five hot stocks during the week (Sept. 7 to Sept. 11) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow. GameStop Corp. (NYSE: GME ), Apple Inc. (NASDAQ: AAPL ), Adobe Inc. (NASDAQ: ADBE ), Oracle Corp. (NYSE: ORCL ) and C
Future Fund’s Gary Black said Broadcom trades at a lower valuation than the Magnificent Seven after its post-earnings drop. He called AVGO the cheapest of the “Mag 8” on 2026 P/E versus long-term EPS growth at 0.9x.
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.
US index futures were higher: S&P 500 +1.09%, Nasdaq 100 +1.2%, Dow futures up 1.16 percent and Russell futures up 0.28 percent. EUR/USD rose +0.32%, and WTI crude was up +0.6% to 91.56 as NVDA led volume.
Dell Technologies shares traded higher and reached all-time highs after strong second-quarter results, with the company topping analyst estimates and issuing third-quarter guidance above expectations.
US index futures were higher: S&P 500 up; Nasdaq 100 up; Dow up; Russell 2000 up. EUR/USD rose; the dollar index fell; WTI was higher.
U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.
Snowflake reported Q2 EPS of $0.62 versus $0.45 expected and revenue of $1.55 billion versus $1.48 billion expected, while raising FY27 product revenue guidance to $6.07 billion from $5.84 billion.
US index futures point higher: S&P 500 +0.91%, Nasdaq 100 +0.99%, Dow futures up and Russell 2000 futures up. The dollar index is down while EUR/USD is up; WTI is up.
Gary Black said Broadcom shares should recover as investors recognize AI revenue strength after third-quarter results and updated guidance. He cited $16.7 billion in quarterly AI revenue and $21.7 billion guided for the fourth quarter.
Top Big Cap Negative News Movers Premarket: RARE: -46% Announces Phase 3 Aspire results in Angelman Syndrome VSXY: -14% Earnings NTAP: -12% Earnings CPB: -7% Earnings FLNC: -6% Downgraded to UNDERWEIGHT @ BCS HPE: -4.5% Earnings AVGO: -3% Earnings
Broadcom reported third-quarter revenue of $29.6 billion, up 86% year over year and above consensus, but guided fourth-quarter consolidated gross margin to about 73% versus 78% a year earlier.
Hewlett Packard Enterprise reported fiscal third-quarter revenue of $12.2 billion, above estimates, and raised full-year guidance after adjusted EPS of $1.11 beat consensus.
Dell Technologies shares saw mild downward pressure Thursday, down 1.67% to $484 in premarket trading, after a 15.76% rally Wednesday following its fiscal second-quarter 2027 release.
Broadcom said fourth-quarter revenue will be about $34.8 billion versus estimates of $35.03 billion, while CEO Hock Tan projected AI semiconductor revenue could reach $115 billion in fiscal 2027 and $230 billion in 2028.
Broadcom fell more than 3% in Thursday premarket trading after forecasting fourth-quarter revenue of about $34.8 billion, below the $35.03 billion consensus, despite beating third-quarter revenue and adjusted earnings estimates.
U.S. stock futures advanced Thursday after Wednesday’s higher close, with President Donald Trump saying the market will go up despite Iran war and oil volatility.
Broadcom reported record Q3 FY 2026 revenue of $29.6 billion, with AI semiconductor revenue up 221% to $16.7 billion. It guided Q4 consolidated revenue to $34.8 billion and AI revenue to $21.7 billion.
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Broadcom reports fiscal third-quarter earnings after the bell Wednesday, with prediction traders expecting a beat and watching whether CEO Hock Tan addresses AI customers and competition for Google’s custom-chip business.
U.S. stock futures fell Wednesday and energy markets surged after U.S. airstrikes and Iranian counterattacks intensified Middle East tensions. Brent crude rose to $95.17 a barrel, while QQQ slipped 0.49% in premarket trading.
U.S. stocks closed lower Tuesday as the CNN Fear and Greed Index slipped to 44.2 from 47.5, entering the fear zone. The Dow fell 419 points, while the S&P 500 and Nasdaq also weakened.
Broadcom is set to report third-quarter results Wednesday after the close, with analysts expecting revenue of $29.36 billion and EPS of $3.24. Investors are watching AI semiconductor revenue, VMware integration and guidance.