Finance
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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
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
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
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
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
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
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
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
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
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
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
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 ...