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Broadcom Stock Tumbles As Investors Demand More From AI Boom

US stocks were expected to head in different directions on Thursday morning, as oil prices retreat but tech earnings overnight disappointed investors. Dow Jones futures were called 0.8% higher, but the S&P 500 was off 0.4% and Nasdaq futures were down 1.3%. The latter pair were...

Moby summary of Veeva Systems Inc.'s Q1 2027 earnings call

Ciena (CIEN) delivered earnings and revenue surprises of +12.58% and +4.44%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Caleres Inc. (CAL) delivered earnings and revenue surprises of +2.70% and -0.06%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com -- Ciena Corporation (NYSE: CIEN) reported fiscal second-quarter results that exceeded analyst expectations, yet shares fell 5.7% premarket.

The cybersecurity company beat Wall Street estimates and lifted its full-year guidance, but investors sent the stock down roughly 11%

Nasdaq 100 futures fell more than 1% as Broadcom's underwhelming AI chip guidance and escalating U.S.-Iran tensions pushed markets toward a second losing day

The networking company reports better-than-expected earnings and revenue in its fiscal second quarter.

$300 billion That's roughly how much market value Broadcom is slated to lose today after its results last night sent its shares sliding 13% premarket. The move underscores the high bar that companies tied to AI are now facing: The semiconductor and software maker logged strong quarterly revenue—fueled by demand for its AI chips—but left its 2027 outlook unchanged, sticking with guidance for AI semiconductor revenue of more than $100 billion.

High-flying tech stocks were struggling on Thursday after Broadcom's so-so revenue guidance failed to impress investors. Futures tracking the Nasdaq 100 were 1.1% lower as the tech-heavy index lagged behind both the S&P 500 and Dow Jones Industrial Average.

CrowdStrike (NASDAQ:CRWD) delivered better-than-expected results for the first quarter of fiscal 2027, driven by accelerating demand for AI-powered cybersecurity solutions. The company reported record growth in annual recurring revenue (ARR), strong cash generation and improved profitability, leading management to raise its outlook for the full year and approve a four-for-one stock split.

C3.ai's Q4 earnings call unveils Siebel-led turnaround: sales overhaul, $135M cost cuts and cautious FY2027 outlook after revenues halved.

Investing.com -- European semiconductor stocks fell on Thursday after Broadcom held its $100 billion artificial intelligence revenue forecast unchanged, disappointing investors and sending the U.S. chipmaker’s shares down more than 13% in premarket trading.

Okta’s first quarter results drew a positive response from the market, with management crediting growth in large enterprise adoption, increased partner engagement, and broader product traction. CEO Todd McKinnon highlighted significant momentum from both core identity platforms—Okta and Auth0—as well as new offerings in identity governance and privileged access. Management emphasized that new products, including solutions for AI agent identity management, now make up a rising share of bookings,

U. S. equity futures traded in mixed territory on Thursday as investors balanced renewed diplomatic developments in the Middle East against corporate news from major technology companies and the upcoming public debut of SpaceX.

Asana delivered a stronger-than-anticipated first quarter, driven by accelerating adoption of its AI-powered workflow tools and improving customer retention across key verticals. Management highlighted that net retention rates improved for the fourth consecutive quarter, citing widespread seat expansion and deeper engagement with new AI offerings as meaningful contributors to growth. CEO Daniel Mark Rogers pointed to broad-based improvements, including a return to positive growth in the technolo

Jefferies and Morningstar raised their price targets on AVGO following the company’s report.

Palo Alto Networks, a Barron’s stock pick, dropped after earnings—a rare occurrence recently. The cybersecurity software stock, which we recommended in late April on the basis that it would weather the artificial intelligence storm, dropped 5.6% Wednesday. Palo Alto, too, is seeing some profit-taking.

CRWD's Q1 FY27 call touts AI as a cybersecurity tailwind after a beat, lifts net new ARR outlook by $50M+, and announces a 4-for-1 split.

Veeva Systems Inc (VEEV) reports strong revenue growth and introduces Veeva Falcon, an AI-driven product set to revolutionize drug development processes.

C3.ai Inc (AI) outlines its path to recovery with strategic restructuring and a focus on sales execution amid financial challenges.

Broadcom Inc (AVGO) reports a 48% revenue increase, fueled by a 143% rise in AI semiconductor sales, despite margin pressures.

CrowdStrike Holdings Inc (CRWD) reports robust financial performance with significant ARR growth and announces a four-for-one stock split to enhance investor accessibility.

GameStop Corp. (NYSE:GME) is one of the 10 Stocks With Remarkable Resilience. GameStop grew its share prices by 6.02 percent on Wednesday to close at $22.18 apiece, as investors took heart from its stellar earnings performance in the first quarter of fiscal year 2026. In a statement, GameStop Corp. (NYSE:GME) said that it grew its […]

Joining me on today's call are Hock E. Tan, President and CEO; Charlie Kawwas, president Semiconductor Solutions Group and Ram Velaga, President, Infrastructure Software Group. Also joining is Kirsten Spears, chief financial officer. Broadcom distributed a press release and financial tables after the market closed describing our financial performance for the second quarter fiscal year 26.

Moby summary of C3.ai, Inc.'s Q4 2026 earnings call

As we wade closer to the 2026 Q2 earnings season, the overall earnings picture remains strong and broad-based, with the recent 2026 Q1 cycle aligning nicely with the positive trend.

Veeva Systems (NYSE:VEEV) reported a strong start to the year, with Chief Executive Officer and Co-Founder Peter Gassner saying the company delivered results ahead of guidance as it expands its focus on artificial intelligence for the life sciences industry. On the earnings call, Gassner said total

Broadcom (NASDAQ:AVGO) reported record fiscal second-quarter 2026 revenue and issued a sharply higher outlook for the current quarter, as President and CEO Hock Tan said demand for the company’s artificial intelligence semiconductors remains “simply insatiable.” On the earnings call, Tan said total