AI chip leader Broadcom AVGO is emerging as a standout in a volatile trading week marked by Middle East tensions, rising oil prices, and private credit worries weighing on financial stocks. Exceeding expectations for its fiscal first quarter on Wednesday evening, Broadcom stock spiked over 4% in today’s trading session, while the broader indexes declined, led by the Dow Jones' -1.61% drop. Zacks I...
AI chip leader Broadcom AVGO is emerging as a standout in a volatile trading week marked by Middle East tensions, rising oil prices, and private credit worries weighing on financial stocks. Exceeding expectations for its fiscal first quarter on Wednesday evening, Broadcom stock spiked over 4% in today’s trading session, while the broader indexes declined, led by the Dow Jones' -1.61% drop. Zacks Investment Research Image Source: Zacks Investment Research AI Chip Demand Drives Broadcom’s Record Q1 Sales Highlighting the accelerating adoption of its custom AI chips and AI networking components, Broadcom’s Q1 sales surged 29% year over year to a record $19.31 billion and edged estimates of $19.28 billion. The robust growth was driven by AI semiconductor revenue, which grew 106% YoY to $8.4 billion. On the bottom line, Q1 EPS spiked 28% to $2.05, topping expectations of $2.03. Zacks Investment Research Image Source: Zacks Investment Research VMware’s Notable Contribution Best known for technologies that allow multiple operating systems and applications to run on a single physical server, Broadcom’s acquisition of VMware has continued to pay off. Specializing in virtualization and cloud computing, VMware was acquired by Broadcom in 2023. What caught Wall Street’s attention is that with markets on edge about how AI could potentially disrupt software companies, Broadcom's comments centered on how AI is actually driving VMware’s growth and that the acquisition is fitting into its long-term strategy. Notably, Broadcom highlighted that VMware saw 13% growth during Q1, with $9.2 billion in total contract value. Broadcom emphasized that VMware’s platform is essential for enterprises adopting private and hybrid cloud environments, describing the combined company as well-positioned to help customers build more secure and resilient infrastructure. Favorable Guidance & Stock Buybacks While Broadcom’s top and bottom line beats weren’t eye-catching, the company’s guidance was well-re...
Sir Keir has also called on the US to negotiate with Iran, with the Daily Telegraph warning that his comments threaten to strain an "increasingly fraught special relationship". The prime minister said that it was his "strong view" that the two nations needed to de-escalate the conflict through talks, the paper reports, while the president refused to deny reports that he had called Sir Keir a "lose...
Sir Keir has also called on the US to negotiate with Iran, with the Daily Telegraph warning that his comments threaten to strain an "increasingly fraught special relationship". The prime minister said that it was his "strong view" that the two nations needed to de-escalate the conflict through talks, the paper reports, while the president refused to deny reports that he had called Sir Keir a "loser".
Before the teenage New Zealand runner, Sam Ruthe, took to Boston University’s famous indoor track in January, he told his father he was aiming to run a 3.48-minute mile. The 16-year-old had already stunned the athletics world in 2025, when he became the youngest person ever to break the four-minute mile barrier – aged 15 – but his father, Ben Ruthe, raised his eyebrows over his son’s aspirations f...
Before the teenage New Zealand runner, Sam Ruthe, took to Boston University’s famous indoor track in January, he told his father he was aiming to run a 3.48-minute mile. The 16-year-old had already stunned the athletics world in 2025, when he became the youngest person ever to break the four-minute mile barrier – aged 15 – but his father, Ben Ruthe, raised his eyebrows over his son’s aspirations for his next race, which if achieved could mean he will be considered for New Zealand Commonwealth Games selection. “I thought, for him to qualify for the Commonwealth Games, he would have to run faster than anybody his age in the history of the world by five seconds,” Ben said. “And then he did.” Sam had intended to fall in behind his training partner, the New Zealand Olympian Sam Tanner, at the John Thomas Terrier Classic – a prestigious annual indoor meet at Boston University– on 31 January. But shortly into the race Tanner injured his leg and pulled out. Ruthe appeared unfazed, overtaking the Belgian Olympian Pieter Sisk in the final lap to cross the finish line in first place, with a time of 3.48.88. It was the fastest mile ever run by an athlete under 18, and was the 11th fastest time ever recorded for an indoor mile. Sam eclipsed the New Zealand mile record of 3.49.08, set by John Walker in 1982. After the race, Sam told a television crew that he had just travelled 50 hours from New Zealand to attend the race, and was “feeling a bit heavy”. “I think I could run even faster but I’m super stoked with that,” he said, with a degree of humility that has become typical of Sam’s reactions to his accomplishments. He has been billed as a “phenomenon”, a “sensation” and a “prodigy” by media and the athletics world but he is “not aiming for records”, he told the Guardian in February at the end of his US trip. “I’m just lucky to be in fast races. If I can race people in a race that goes fast then my time ends up being quick. Running a fast time doesn’t mean a lot to me as there a...
Like most cryptocurrencies, Bitcoin (BTC 2.71%) has been in a slump to start 2026. Over the first two months of the year, it lost 25%, continuing a downturn that began last October. Although this hasn't been fun for investors, several firms predict that Bitcoin could bounce back over the rest of the year. Analysts from JPMorgan Chase, in particular, have struck an optimistic tone based on expectat...
Like most cryptocurrencies, Bitcoin (BTC 2.71%) has been in a slump to start 2026. Over the first two months of the year, it lost 25%, continuing a downturn that began last October. Although this hasn't been fun for investors, several firms predict that Bitcoin could bounce back over the rest of the year. Analysts from JPMorgan Chase, in particular, have struck an optimistic tone based on expectations of increased institutional inflows. The Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024, leading to heavy institutional investment in the top cryptocurrency. Bitcoin ETFs hold $88 billion worth of Bitcoin, about 6% of the total supply, as of March 3, 2026. ETF approval significantly expanded who can invest in the leading cryptocurrency. It used to be mainly the territory of retail investors, but because ETFs are regulated investment products, they allow hedge funds, pension funds, and other institutional investors to buy Bitcoin. Bitcoin ETFs haven't been immune to the recent sell-off. But they logged $787 million in inflows last week, snapping a streak of five straight weeks of outflows. This reversal is a sign that institutional investors are beginning to buy the dip on Bitcoin, which could be the first stages of a sustained recovery. Expand CRYPTO : BTC Bitcoin Today's Change ( -2.71 %) $ -1977.67 Current Price $ 70936.00 Key Data Points Market Cap $1.4T Day's Range $ 70718.00 - $ 73434.00 52wk Range $ 60255.56 - $ 126079.89 Volume 54B In a volatile crypto market, Bitcoin is the most resilient option and often the first to bounce back from downturns. ETF approval has given it a level of institutional support that no other cryptocurrency has. While the SEC has approved spot ETFs for other cryptocurrencies, they aren't nearly as large as those for Bitcoin. Ethereum ETFs rank second, with $13 billion in assets under management (AUM). I expect spot ETFs to help Bitcoin maintain a higher floor than in the past and rebound from its rece...
Key Points Cryptocurrencies have plummeted since the fourth quarter of 2025. Bitcoin is a good bet to rebound this year, given its popularity with institutional investors. 10 stocks we like better than Bitcoin › Like most cryptocurrencies, Bitcoin (CRYPTO: BTC) has been in a slump to start 2026. Over the first two months of the year, it lost 25%, continuing a downturn that began last October. Alth...
Key Points Cryptocurrencies have plummeted since the fourth quarter of 2025. Bitcoin is a good bet to rebound this year, given its popularity with institutional investors. 10 stocks we like better than Bitcoin › Like most cryptocurrencies, Bitcoin (CRYPTO: BTC) has been in a slump to start 2026. Over the first two months of the year, it lost 25%, continuing a downturn that began last October. Although this hasn't been fun for investors, several firms predict that Bitcoin could bounce back over the rest of the year. Analysts from JPMorgan Chase, in particular, have struck an optimistic tone based on expectations of increased institutional inflows. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024, leading to heavy institutional investment in the top cryptocurrency. Bitcoin ETFs hold $88 billion worth of Bitcoin, about 6% of the total supply, as of March 3, 2026. ETF approval significantly expanded who can invest in the leading cryptocurrency. It used to be mainly the territory of retail investors, but because ETFs are regulated investment products, they allow hedge funds, pension funds, and other institutional investors to buy Bitcoin. Bitcoin ETFs haven't been immune to the recent sell-off. But they logged $787 million in inflows last week, snapping a streak of five straight weeks of outflows. This reversal is a sign that institutional investors are beginning to buy the dip on Bitcoin, which could be the first stages of a sustained recovery. In a volatile crypto market, Bitcoin is the most resilient option and often the first to bounce back from downturns. ETF approval has given it a level of institutional support that no other cryptocurrency has. While the SEC has approved spot ETFs for other cryptocurrencies, t...
deepblue4you/iStock via Getty Images By Padhraic Garvey, CFA , Regional Head of Research, Americas and Michiel Tukker , Senior European Rates Strategist This real curve steepening versus nominal curve flattening is hardly sustainable Since the US attack on Iran commenced, we have been quite impressed with the rise in the 2yr real yield. It effectively rose from 55bp to over 65bp. Because the 2yr n...
deepblue4you/iStock via Getty Images By Padhraic Garvey, CFA , Regional Head of Research, Americas and Michiel Tukker , Senior European Rates Strategist This real curve steepening versus nominal curve flattening is hardly sustainable Since the US attack on Iran commenced, we have been quite impressed with the rise in the 2yr real yield. It effectively rose from 55bp to over 65bp. Because the 2yr nominal rate rose by 10bp more than this, 2yr break-even inflation rose from 2.8% to 2.9%. So, the narrative up until Thursday was one of an elevation in inflation expectations alongside a rise in the real yield, and we could reverse engineer a rationale that the market was discounting more inflation but not worried about a material hit to real growth. Well, that narrative changed on Thursday, as the 2yr real yield fell back down to sub 60bp, in what was quite a precipitous move. That in turn facilitated a further rise in the 2yr break-even inflation rate to 3%, augmented by a rise in the nominal 2yr yield (so the break-even rate was being pulled from both ends). While we don't want to read too much into this, one clear implication is the market is getting a little more concerned about negative activity effects stemming from the conflict in the Middle East. This coincided with a poor day in equity markets - a dominant risk-off tone. That fits with the notion of a larger negative hit on activity than had been discounted through most of the week to date That all being said, there are different impulses in play in longer tenors. In the 10yr, the dominant outcome has been a rise in the real yield, from 1.7% to 1.8%. That broadly matches the rise in the nominal yield, meaning that the break-even inflation rate has remained broadly unchanged in the 2.3% area. Here the narrative is one of no long-lasting inflation effect, and no material negative hit to medium-term growth circumstances. What to make of all of this? Well, the front end is now winding up a discount for some growth an...