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Broadcoms AI Revenue Surged 143 Percent So Why Did the Stock Crash 14 Percent
Finance

Broadcoms AI Revenue Surged 143 Percent So Why Did the Stock Crash 14 Percent

Broadcom reported record Q2 FY2026 revenue of $22.19 billion , up 48 percent year-over-year, with AI semiconductor sales soaring 143 percent to $10.8 billion . Yet the stock crashed 14 percent because...

Bitcoin Crashes Below $62,000: $1.5 Billion Liquidated in June 4 Selloff as Strategy Sells, Mt. Gox Moves, and ETF Outflows Hit Record
Finance

Bitcoin Crashes Below $62,000: $1.5 Billion Liquidated in June 4 Selloff as Strategy Sells, Mt. Gox Moves, and ETF Outflows Hit Record

The Bitcoin crash June 2026 has deepened sharply, with BTC plunging to $61,556 on June 4 — a 17% drop in just four days from $74,000. Over $1.5 billion in leveraged crypto positions were liquidated in...

Salesforce Stock Drops 4% on BofA's $160 Downgrade: The $25B Buyback vs Wall Street's $263 Bet on Agentforce
Finance

Salesforce Stock Drops 4% on BofA's $160 Downgrade: The $25B Buyback vs Wall Street's $263 Bet on Agentforce

The Salesforce stock drop on June 2, 2026 was triggered when Bank of America analyst Tal Liani reinstated the stock at Underperform with a $160 price target, a 10% downside from the $178.50 close, cit...

Tesla Robotaxi 2026: The Austin Countdown to Cybercab and the $25B Autonomy Bet
Finance

Tesla Robotaxi 2026: The Austin Countdown to Cybercab and the $25B Autonomy Bet

The Tesla Robotaxi service has been live in Austin since June 22, 2025, with the Model Y fleet quietly expanding to 12 fully driverless cars by April 2026. As Cybercab production starts at Giga Texas ...

Marvell Stock Surges 25% on Jensen Huang's 'Next Trillion-Dollar Company' Call: Nvidia's $2B Vote, the Teralynx T100, and the Custom Silicon War With Broadcom
Finance

Marvell Stock Surges 25% on Jensen Huang's 'Next Trillion-Dollar Company' Call: Nvidia's $2B Vote, the Teralynx T100, and the Custom Silicon War With Broadcom

Marvell Technology (MRVL) jumped as much as 29% to a fresh all-time high on June 2, 2026 after Nvidia CEO Jensen Huang called the chip designer the next trillion-dollar company on stage at Computex in...

Alphabet's $80B Stock Sale: Buffett's $10B Bet and the AI Capex Arms Race Reshaping Big Tech
Finance

Alphabet's $80B Stock Sale: Buffett's $10B Bet and the AI Capex Arms Race Reshaping Big Tech

Alphabet announced an $80 billion equity raise on June 1, 2026 — $10B from Berkshire Hathaway, $30B in public offerings, and $40B in an at-the-market program — its first stock issuance in roughly 20 y...

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years
Finance

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years

The S 500 hit 7,599.96 on June 1, 2026, but only 4% of stocks made new highs — the narrowest breadth rally in 27 years. Michael Burry's $1.1B AI put book is now 80% of his fund. BofA targets 7,100 as ...

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC
Finance

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC

Bitcoin fell below $70,000 on June 2, 2026, as $766M in leveraged positions were liquidated. Mt. Gox moved 10,422 BTC worth $739M, Strategy sold Bitcoin for the first time since 2022, and spot Bitcoin...

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street
Finance

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street

Hewlett Packard Enterprise (HPE) delivered its biggest earnings beat since 2018, sending shares up roughly 30% in after-hours trading on June 1, 2026. The Q2 FY2026 print featured 40% year-over-year r...

Broadcom Q2 FY2026 Earnings Preview: $22B Revenue, $73B AI Backlog, and the June 3 Print That Could Redefine AVGO
Finance

Broadcom Q2 FY2026 Earnings Preview: $22B Revenue, $73B AI Backlog, and the June 3 Print That Could Redefine AVGO

Broadcom (NASDAQ: AVGO) is set to report Q2 fiscal 2026 earnings after the bell on Wednesday, June 3, 2026, with Wall Street expecting roughly $22 billion in revenue (up 47% year-over-year) and $2.40 ...

ISM Manufacturing PMI May 2026: 54.0% Signals 4-Year High as US Factory Sector Breaks Out
Finance

ISM Manufacturing PMI May 2026: 54.0% Signals 4-Year High as US Factory Sector Breaks Out

The U.S. ISM Manufacturing PMI jumped to 54.0% in May 2026, up 1.3 points from April's 52.7% and the highest reading since May 2022. The print beat consensus of 53.0, extended the expansion streak to ...

Anthropic Files for IPO: How Claude's $965 Billion Parent Just Triggered Wall Street's Most Audacious AI Public Offering
Finance

Anthropic Files for IPO: How Claude's $965 Billion Parent Just Triggered Wall Street's Most Audacious AI Public Offering

Anthropic filed confidentially for an IPO on June 1, 2026, days after closing a $65 billion Series H that valued the Claude maker at $965 billion. With annualized run-rate revenue past $30 billion, a ...