June 4, 2026
Headlines

Broadcom

Asian Markets Retreat Amid Tech Sector Jitters and Geopolitical Tensions

Asian Markets Retreat Amid Tech Sector Jitters and Geopolitical Tensions

Business News Desk03 mins mins

Asian equity markets experienced a broad decline on Friday, tracking lower US index futures after semiconductor giant Broadcom Inc. issued a lukewarm revenue forecast. The downturn was further exacerbated by renewed military confrontations between the United States and Iranian-backed forces in the Middle East, which heightened investor anxiety regarding global supply chains and energy security….

Read More
Broadcom Shares Slide as Revenue Forecast Fails to Meet High Expectations

Broadcom Shares Slide as Revenue Forecast Fails to Meet High Expectations

Business News Desk03 mins mins

Broadcom Inc. shares plummeted 12% in after-hours trading on Thursday after the semiconductor giant issued a fiscal fourth-quarter revenue forecast that fell short of aggressive Wall Street expectations. The decline arrived despite the company reporting strong quarterly results, highlighting the extreme sensitivity of investor sentiment toward artificial intelligence-related hardware providers. Market Context and Recent Performance…

Read More