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Citi revisits Broadcom stock price target after post-earnings selloff
TheStreet72d agobearish
Citi revisits Broadcom stock price target after post-earnings selloff

Broadcom (AVGO) shares fell 12.6% on June 4 after the chipmaker delivered quarterly results that largely matched Wall Street expectations but failed to provide the AI revenue boost some investors were hoping for. The company reported fiscal second-quarter adjusted earnings of $2.44 a share on ...

Scott Galloway Predicts AI Valuations Will Crater 50-70% Within 24 Months. Here’s Why.
24/7 Wall St.72d agoneutral
Scott Galloway Predicts AI Valuations Will Crater 50-70% Within 24 Months. Here’s Why.

Scott Galloway has made his most aggressive call yet on the AI trade. On the Prof G Markets segment titled AI May Not Be Worth The Cost: Here’s Why, he argued that AI companies are dramatically overvalued and predicted a major repricing within the next 24 months. “If it’s either going to be labor chaos ... Scott Galloway Predicts AI Valuations Will Crater 50-70% Within 24 Months. Here’s Why.

Micron, SanDisk, and Marvell Plummet as “Parabolic 7” Trade Unwinds
24/7 Wall St.72d agoneutral
Micron, SanDisk, and Marvell Plummet as “Parabolic 7” Trade Unwinds

Shares of three of the most explosive semiconductor names of 2026 are sliding hard in Friday morning trading. Micron Technology (NASDAQ:MU) stock is down 5% to $942, SanDisk (NASDAQ:SNDK) stock is off 5% to $1,664, and Marvell Technology (NASDAQ:MRVL) shares are lower by 6% to $298. The moves landed shortly after the open and have ... Micron, SanDisk, and Marvell Plummet as “Parabolic 7” Trade Unwinds

SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.
24/7 Wall St.72d agoneutral
SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.

It’s big news as the buzz gets louder surrounding the most publicized IPO in years. CNBC reporter Robert Frank reported on June 5 that SpaceX’s IPO is set to price next Friday, June 12, at $135 per share. The deal would potentially lift Tesla (NASDAQ:TSLA) CEO Elon Musk’s net worth past $1 trillion, crowning him ... SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.

SpaceX Reveals It’s Really an AI Company — and That Changes Everything for Investors
24/7 Wall St.72d agoneutral
SpaceX Reveals It’s Really an AI Company — and That Changes Everything for Investors

Few IPOs in history have generated as much excitement as SpaceX‘s planned June 12 debut on Nasdaq under the ticker SPCX. The company is targeting a valuation of $1.75 trillion, putting it in the top 10 largest companies in the world by market cap — above Tesla‘s (NASDAQ:TSLA) current $1.57 trillion and within striking distance ... SpaceX Reveals It’s Really an AI Company — and That Changes Everything for Investors

Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More
24/7 Wall St.72d agoneutral
Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart, and More

Pre-Market Stock Futures: Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the ... Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart,

Morning Bid: Missing the mark
Reuters72d agobearish
Morning Bid: Missing the mark

By Anna Szymanski June 5 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

What Are Analyst Thoughts on Broadcom’s AI Revenue Guidance?
Insider Monkey72d agoneutral
What Are Analyst Thoughts on Broadcom’s AI Revenue Guidance?

Broadcom Inc. (NASDAQ:AVGO) is one of the leading tech stocks held by Goldman Sachs, with a total portfolio value of $11.15 billion, making it one of Goldman Sachs top tech stocks to buy now. Broadcom Inc. (NASDAQ:AVGO) just released its Q2 FY2026 results, and the company posted record total revenue of $22.2 billion, up 48% […]