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...

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...

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 ...