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Tech Earnings Hit Markets: AVGO & CRWD Selling Shakes AI Trade

12 min4 juni 2026

Broadcom (AVGO) threw a wrench into the AI trade with weaker-than-expected earnings report. Jenny Horne considers the report a reality check for the sector despite Broadcom saying it expects semiconductor revenue to triple. She touches on other negative earnings reaction in CrowdStrike (CRWD) even though it posted a beat and raise. Jenny explains how management caution hit Five Below (FIVE) despite what she calls a "blowout quarter."


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