Quick Read - AVGO sank 14% after Q3 AI chip guidance of $16 billion missed the $17.2 billion analyst estimate, pulling AMD and INTC lower. - Hock Tan reaffirmed AI semiconductor revenue guidance exceeding $100 billion into 2027, even as hyperscaler AI spending this year nears...<
S&P 500 futures down 24 points ahead of open S&P 500 futures are down 24 points, or 0.3%, ahead of the open. The decline comes despite comments from President Trump on Iran negotiations. Broadcom shares are down nearly 15% in pre-market, leading to a spill-
Quick Read - AMD stock turned a $1,000 investment from 2016 into $130,000, a 12,941% return fueled by Lisa Su's Zen architecture and Instinct GPU wins. - The S&P 500 returned 259% over the same decade AMD gained 12,941%, but at 204x P/E, new buyers face thin margins for error. -...</stron
Ciena (CIEN) stock fell hard on Thursday after the optical gear maker's fiscal second-quarter earnings and revenue modestly beat consensus estimates amid big share gains in 2026. The company's July quarter revenue guidance came in slightly above expectations On the
Petco reported first-quarter results Tuesday that showed a return to positive comparable sales growth but a wider net loss than the same period a year ago, sending Petco stock lower after the report. The company posted net sales of $1.5 billion for the quarter ended May 2,
Electricity demand in Texas grew 9% in recent months, nearly five times the U.S. average, driven by the expansion of artificial intelligence (A.I.) data centres and cryptocurrency miners. The Lone Star State’s power grid saw the largest jump in both power demand and the ad
Cambiar SMID Fund, managed by Cambiar Investors, published its Q1 2026 investor letter. A copy of the letter is available to download here The investor class (CAMMX) returned 2.21%, and the institutional class (CAMUX) returned 2.27%, underperforming the Russell 2500
June 4 Geoffrey Kendrick, one of the most vocal crypto advocates, is sticking with his call for bitcoin to hit $100,000 by the end of the year despite a "painful" week, with the global head of digital assets research at Standard Chartered pointing to resilient long-term demand.</
Coinbase is getting in on the SpaceX IPO hype. The crypto exchange late Wednesday announced it would launch pre-IPO perpetual futures, starting with Elon Musk's rocket company The new offering allows customers to speculate on company share valuations ahead of their
Quick Read - AVGO beat Q2 estimates with 143% AI revenue growth, but a $1.2B guidance miss sent shares down roughly 14% in premarket trading. - When a stock surges 63% in two months, investors price in acceleration. Any guidance shortfall triggers sharp repricing regardles