JHVEPhoto/iStock Editorial via Getty Images No Real Reason To Panic Broadcom Inc. ( AVGO ) has dropped by almost 20% since the date of its Q2 2026 earnings results publication. The stock price is currently approaching its 200-day moving average, having pulled most tech names down with it last week. TrendSpider Software, AVGO daily, notes added I've turned bullish again on AVGO when it dropped in F...
JHVEPhoto/iStock Editorial via Getty Images No Real Reason To Panic Broadcom Inc. ( AVGO ) has dropped by almost 20% since the date of its Q2 2026 earnings results publication. The stock price is currently approaching its 200-day moving average, having pulled most tech names down with it last week. TrendSpider Software, AVGO daily, notes added I've turned bullish again on AVGO when it dropped in February this year, and then I reiterated my buy in mid-April . The stock was up by over 25% at some point after my April call, but now it is trading slightly below the price at publication. I'm not suggesting that the bearish repricing was totally unfair - the dip should have happened considering the messy guidance and the previous enthusiasm in the market that was pricing in AVGO's upside ahead of time. However, despite the current weakness, I'm still bullish on Broadcom's potential to scale and monetize its tech. The valuation reset has taken place, and it is a great time to consider adding to a position or buying AVGO for the first time on its current dip. Why Do I Think So? Whatever metric we take from the Q2 update, the firm's results would look outstanding, and it's not just about the headline numbers like sales and EPS, which beat the consensus estimates by 0.52% and 1.78%, respectively, according to Seeking Alpha . The Semiconductor Solutions segment went up by 79% YoY and amounted to ~$15 billion, with AI semis revenues hitting $10.8 billion (+143% YoY), which is ~49% of AVGO's consolidated revenues. On the bottom line, we saw an FCF of $10.26 billion, which is a 46% margin - that's a lot for any semis company, even close to the peak of its business cycle. If the key metrics were so good, why did the stock drop so much? It was all about guidance and initially sky-high expectations that took the hit once the management commented on what's coming next for AVGO. The upcoming quarter's AI revenues should be close to $16 billion (+200% YoY), but the Street was modeling ...
JHVEPhoto/iStock Editorial via Getty Images No Real Reason To Panic Broadcom Inc. ( AVGO ) has dropped by almost 20% since the date of its Q2 2026 earnings results publication. The stock price is currently approaching its 200-day moving average, having pulled most tech names down with it last week. TrendSpider Software, AVGO daily, notes added I've turned bullish again on AVGO when it dropped in F...
JHVEPhoto/iStock Editorial via Getty Images No Real Reason To Panic Broadcom Inc. ( AVGO ) has dropped by almost 20% since the date of its Q2 2026 earnings results publication. The stock price is currently approaching its 200-day moving average, having pulled most tech names down with it last week. TrendSpider Software, AVGO daily, notes added I've turned bullish again on AVGO when it dropped in February this year, and then I reiterated my buy in mid-April . The stock was up by over 25% at some point after my April call, but now it is trading slightly below the price at publication. I'm not suggesting that the bearish repricing was totally unfair - the dip should have happened considering the messy guidance and the previous enthusiasm in the market that was pricing in AVGO's upside ahead of time. However, despite the current weakness, I'm still bullish on Broadcom's potential to scale and monetize its tech. The valuation reset has taken place, and it is a great time to consider adding to a position or buying AVGO for the first time on its current dip. Why Do I Think So? Whatever metric we take from the Q2 update, the firm's results would look outstanding, and it's not just about the headline numbers like sales and EPS, which beat the consensus estimates by 0.52% and 1.78%, respectively, according to Seeking Alpha . The Semiconductor Solutions segment went up by 79% YoY and amounted to ~$15 billion, with AI semis revenues hitting $10.8 billion (+143% YoY), which is ~49% of AVGO's consolidated revenues. On the bottom line, we saw an FCF of $10.26 billion, which is a 46% margin - that's a lot for any semis company, even close to the peak of its business cycle. If the key metrics were so good, why did the stock drop so much? It was all about guidance and initially sky-high expectations that took the hit once the management commented on what's coming next for AVGO. The upcoming quarter's AI revenues should be close to $16 billion (+200% YoY), but the Street was modeling ...
The recent slide in crypto prices has created a unique market opportunity: One-half of the top 20 cryptocurrencies (by market cap) now trade for $1 or less. Of those, five are stablecoins , and five are highly speculative altcoins . For the sake of argument, let's ignore the stablecoins (which always trade for $1) and focus on the altcoins, which are capable of truly stratospheric gains. Image sou...
The recent slide in crypto prices has created a unique market opportunity: One-half of the top 20 cryptocurrencies (by market cap) now trade for $1 or less. Of those, five are stablecoins , and five are highly speculative altcoins . For the sake of argument, let's ignore the stablecoins (which always trade for $1) and focus on the altcoins, which are capable of truly stratospheric gains. Image source: Getty Images. Continue reading
Mohamed Nadheem/iStock via Getty Images President Donald Trump urged Iran and Israel to stop shooting after a new flare-up on Sunday between the two countries. "Israel and Iran must immediately stop “shooting,” Trump posted on Truth Social. The president's comments underscored Washington's effort to preserve fragile negotiations with Iran while preventing a new front from opening in the conflict t...
Mohamed Nadheem/iStock via Getty Images President Donald Trump urged Iran and Israel to stop shooting after a new flare-up on Sunday between the two countries. "Israel and Iran must immediately stop “shooting,” Trump posted on Truth Social. The president's comments underscored Washington's effort to preserve fragile negotiations with Iran while preventing a new front from opening in the conflict that has engulfed parts of the Middle East over the past several months. This is the second time the U.S. President has asked the two nations to show some restraint. Trump moved to contain the flare-up between Iran and Israel after Tehran launched multiple waves of missiles at Israel on Sunday in response to an Israeli airstrike in Beirut that targeted Hezbollah, the Iran-backed militant group. Israeli military officials said Iran fired at least four rounds of missiles toward Israel. Israel's air defenses intercepted the projectiles, and authorities reported no injuries, but the exchange marked the most direct confrontation between Iran and Israel since a U.S.-brokered ceasefire took effect in early April. The latest escalation followed an Israeli strike on what Prime Minister Benjamin Netanyahu described as a Hezbollah command center in Beirut. Dear Readers: We recognize that politics often intersect with the financial news of the day, so we invite you to click here to join the separate political discussion. More on Crude Oil Futures, Brent Futures U.S. March Oil Production Flat Why May 2026 Might Still Have Red-Hot Inflation Commodities: Oil Slides Despite Stalled U.S.-Iran Talks Strait of Hormuz to remain open but with transit fees, Iran envoy to Moscow quoted Crude oil climbs after Iran fires waves of missiles at Israel
zimmytws/iStock via Getty Images AI-linked ETFs were among the hardest-hit thematic funds during Friday's technology selloff, as investors dumped semiconductor and AI-related stocks following a Broadcom-driven rout and stronger-than-expected U.S. jobs data that fueled concerns interest rates could remain higher for longer. The weakness was most pronounced in semiconductor funds, which have been am...
zimmytws/iStock via Getty Images AI-linked ETFs were among the hardest-hit thematic funds during Friday's technology selloff, as investors dumped semiconductor and AI-related stocks following a Broadcom-driven rout and stronger-than-expected U.S. jobs data that fueled concerns interest rates could remain higher for longer. The weakness was most pronounced in semiconductor funds, which have been among the biggest beneficiaries of the AI boom. The ProShares Ultra Semiconductors ETF ( USD ) plunged 16.8%, while the SPDR S&P Semiconductor ETF ( XSD ), iShares Semiconductor ETF ( SOXX ), First Trust Nasdaq Semiconductor ETF ( FTXL ), Invesco Semiconductors ETF ( PSI ), and Invesco PHLX Semiconductor ETF ( SOXQ ) each fell roughly 10% or more. Despite the sharp pullback, AI-linked ETFs remain some of the market's top-performing funds in 2026. Semiconductor ETFs First Trust Nasdaq Semiconductor ETF ( FTXL ): -10.52% Friday; +88.66% YTD Invesco Semiconductors ETF ( PSI ): -10.20% Friday; +83.91% YTD iShares Semiconductor ETF ( SOXX ): -10.44% Friday; +79.24% YTD SPDR S&P Semiconductor ETF ( XSD ): -11.27% Friday; +77.76% YTD Invesco PHLX Semiconductor ETF ( SOXQ ): -10.19% Friday; +72.66% YTD ProShares Ultra Semiconductors ETF ( USD ): -16.84% Friday; +68.88% YTD VanEck Semiconductor ETF ( SMH ): -9.22% Friday; +58.19% YTD VanEck Fabless Semiconductor ETF ( SMHX ): -10.44% Friday; +56.56% YTD Strive U.S. Semiconductor ETF ( SHOC ): -8.99% Friday; +54.17% YTD AI, Robotics & Automation ETFs iShares Future AI & Tech ETF ( ARTY ): -9.91% Friday; +46.60% YTD WisdomTree AI and Innovation Fund ( WTAI ): -8.83% Friday; +43.55% YTD ROBO Global Artificial Intelligence ETF ( THNQ ): -6.98% Friday; +32.73% YTD KraneShares Global Humanoid Robotics & Physical AI ETF ( KOID ): -4.52% Friday; +26.82% YTD KraneShares Public-Private AI & Technology ETF ( AGIX ): -6.85% Friday; +23.18% YTD ROBO Global Robotics & Automation ETF ( ROBO ): -5.87% Friday; +20.30% YTD Dan Ives Wedbush AI Revolutio...