JHVEPhoto/iStock Editorial via Getty Images Broadcom's ( AVGO ) latest earnings report created an interesting disconnect between its fundamentals and price action. The company delivered another quarter of accelerating growth, mainly driven by AI; it issued guidance that points to even sharper QoQ growth in revenue and reiterated its fiscal 2027 AI semiconductor revenue target. The sell-off that fo...
JHVEPhoto/iStock Editorial via Getty Images Broadcom's ( AVGO ) latest earnings report created an interesting disconnect between its fundamentals and price action. The company delivered another quarter of accelerating growth, mainly driven by AI; it issued guidance that points to even sharper QoQ growth in revenue and reiterated its fiscal 2027 AI semiconductor revenue target. The sell-off that followed the earnings results did not reflect deteriorating fundamentals but a combination of aggressive positioning and a slight revenue miss. On the contrary, the results/guidance point to a weakening in the bear case that consists of a few key risks. Back when I initiated coverage on April 30, I assigned a strong buy rating on Broadcom, pointing to the potential for growth both in the short and the long term. Since then, the stock has underperformed the market by a meaningful margin. Seeking Alpha As you can see from the chart below, the shares mostly trended sideways in May, and then by the end of the month, they started trending upward. In fact, from the price level at which the shares are trading right now, they initially went up by 17.5% to an all-time high of around $495, and then they fell by 22% to approximately $385 in just two days after the earnings results were released. Now the price is below the 50-day moving average, represented by the middle blue line, something that hasn't happened in over two months. Note: The last trading session's price action is highly correlated with the jobs report released on the same day. Shareholders and investors need to consider this so they can better isolate the earnings reaction. The gap between the pre-earnings trading session and the post-earnings session best reflects the digestion of the release here. TrendSpider What was so bad about the earnings results anyway? Well, nothing obvious. They were overwhelmingly encouraging, and guidance also strengthened the case for accelerating growth. Let's take a look. In the second qua...
Key PointsEpic Universe has won critical acclaim since opening in May of last year, but it has also attracted negative reviews on TripAdvisor, Google, and Yelp.
Key PointsEpic Universe has won critical acclaim since opening in May of last year, but it has also attracted negative reviews on TripAdvisor, Google, and Yelp.
Justin Sullivan/Getty Images News Following a sharp selloff in U.S. semiconductor ( SMH ) ( SOX ) stocks, Nvidia ( NVDA ) CEO Jensen Huang turned heads by channeling his inner Warren Buffett, encouraging investors to view the market pullback as a rare buying opportunity. However, when a technology chief executive begins playing the role of a market oracle, retail investors react with a stark mix o...
Justin Sullivan/Getty Images News Following a sharp selloff in U.S. semiconductor ( SMH ) ( SOX ) stocks, Nvidia ( NVDA ) CEO Jensen Huang turned heads by channeling his inner Warren Buffett, encouraging investors to view the market pullback as a rare buying opportunity. However, when a technology chief executive begins playing the role of a market oracle, retail investors react with a stark mix of enthusiasm and deep skepticism. For many Nvidia ( NVDA ) bulls, his reassuring outlook was a clear signal to double down. Seeking Alpha user Alpha With BitTech declared it was "Buying semis hand over fist!" with tens of thousands of dollars deployed across ( SNDK) , ( LITE) , ( AVGO) , ( NVDA) , ( DELL)" in the wake of Friday's correction. "Tech is indestructible," it argued. Another defender, M.Pizzini, praised Huang as a "really impressive CEO" who "knows his business at the ground level and the 30,000 ft level." Meanwhile, GRLong urged critics to consider the context, noting, "What's missing from the article is that this was a response to a direct question from a reporter. So, judging by the comments here, he should just respond 'no comment' and crater the entire market." Conversely, a vocal contingent of market watchers expressed immediate concern over the CEO's rhetoric. User NorthZorro wrote , "When a great businessman starts to make comments about stock prices, it gives me pause," a sentiment echoed by kiedys_bylem_mlodszy, who noted that "CEOs commenting stock prices is never a good thing..." Others were far less diplomatic, with mikejack stating , "He sounds like a used car salesman!" while CoffeeShopLover warned peers to "discount what he says accordingly," noting that Huang "has every reason to hype the industry." Ultimately, whether the market views Huang as a visionary guide through the AI revolution or simply a executive talking up his own book remains an open question. One thing is certain: his words move markets, and retail investors are hanging on every s...
Justin Sullivan/Getty Images News Following a sharp selloff in U.S. semiconductor ( SMH ) ( SOX ) stocks, Nvidia ( NVDA ) CEO Jensen Huang turned heads by channeling his inner Warren Buffett, encouraging investors to view the market pullback as a rare buying opportunity. However, when a technology chief executive begins playing the role of a market oracle, retail investors react with a stark mix o...
Justin Sullivan/Getty Images News Following a sharp selloff in U.S. semiconductor ( SMH ) ( SOX ) stocks, Nvidia ( NVDA ) CEO Jensen Huang turned heads by channeling his inner Warren Buffett, encouraging investors to view the market pullback as a rare buying opportunity. However, when a technology chief executive begins playing the role of a market oracle, retail investors react with a stark mix of enthusiasm and deep skepticism. For many Nvidia ( NVDA ) bulls, his reassuring outlook was a clear signal to double down. Seeking Alpha user Alpha With BitTech declared it was "Buying semis hand over fist!" with tens of thousands of dollars deployed across ( SNDK) , ( LITE) , ( AVGO) , ( NVDA) , ( DELL)" in the wake of Friday's correction. "Tech is indestructible," it argued. Another defender, M.Pizzini, praised Huang as a "really impressive CEO" who "knows his business at the ground level and the 30,000 ft level." Meanwhile, GRLong urged critics to consider the context, noting, "What's missing from the article is that this was a response to a direct question from a reporter. So, judging by the comments here, he should just respond 'no comment' and crater the entire market." Conversely, a vocal contingent of market watchers expressed immediate concern over the CEO's rhetoric. User NorthZorro wrote , "When a great businessman starts to make comments about stock prices, it gives me pause," a sentiment echoed by kiedys_bylem_mlodszy, who noted that "CEOs commenting stock prices is never a good thing..." Others were far less diplomatic, with mikejack stating , "He sounds like a used car salesman!" while CoffeeShopLover warned peers to "discount what he says accordingly," noting that Huang "has every reason to hype the industry." Ultimately, whether the market views Huang as a visionary guide through the AI revolution or simply a executive talking up his own book remains an open question. One thing is certain: his words move markets, and retail investors are hanging on every s...
NVIDIA (NASDAQ:NVDA) shares have drawn renewed investor attention following the company’s May report, with the chipmaker positioned at the center of an accelerating AI infrastructure cycle that has lifted both order flow and capital returns. The bull case is straightforward. NVIDIA sells the picks and shovels for the largest infrastructure buildout in modern computing, and ... This Stock Is My Big...
NVIDIA (NASDAQ:NVDA) shares have drawn renewed investor attention following the company’s May report, with the chipmaker positioned at the center of an accelerating AI infrastructure cycle that has lifted both order flow and capital returns. The bull case is straightforward. NVIDIA sells the picks and shovels for the largest infrastructure buildout in modern computing, and ... This Stock Is My Biggest Bet For June
Paul Quinn will serve at least 14 years for the 2003 rape in Salford and could spend less time in prison than Malkinson The government’s most senior law officer has been asked to review the “unduly lenient” prison sentence handed to a rapist who evaded police for nearly two decades in one of Britain’s biggest miscarriages of justice. Paul Quinn was jailed last week for a minimum of 14 years , mean...
Paul Quinn will serve at least 14 years for the 2003 rape in Salford and could spend less time in prison than Malkinson The government’s most senior law officer has been asked to review the “unduly lenient” prison sentence handed to a rapist who evaded police for nearly two decades in one of Britain’s biggest miscarriages of justice. Paul Quinn was jailed last week for a minimum of 14 years , meaning he could spend less time in prison than Andrew Malkinson, who was wrongly convicted of his crime. Continue reading...
SpaceX, the aerospace and AI company founded by Elon Musk, will go public on June 12. It could raise $75 billion at a valuation of $2 trillion, making it the biggest IPO in history. Many investors are selling other stocks to free up cash to buy SpaceX's shares. However, one stock that resisted that sell-off was AST SpaceMobile (NASDAQ: ASTS) , which operates in the same satellite internet services...
SpaceX, the aerospace and AI company founded by Elon Musk, will go public on June 12. It could raise $75 billion at a valuation of $2 trillion, making it the biggest IPO in history. Many investors are selling other stocks to free up cash to buy SpaceX's shares. However, one stock that resisted that sell-off was AST SpaceMobile (NASDAQ: ASTS) , which operates in the same satellite internet services market as SpaceX's Starlink. Instead, AST's stock rallied more than 30% this year as SpaceX's looming IPO lifted most space stocks . Should investors take profits in AST today to buy more shares of SpaceX? Continue reading
The largest IPO in history is days away, with SpaceX set to begin trading this Friday. While attention is fixed on the debut, investors may be overlooking a more actionable trade in Elon Musk's other public company, Tesla. Tesla's fundamentals have defied conventional logic since the company's inception.
The largest IPO in history is days away, with SpaceX set to begin trading this Friday. While attention is fixed on the debut, investors may be overlooking a more actionable trade in Elon Musk's other public company, Tesla. Tesla's fundamentals have defied conventional logic since the company's inception.