Economic Indicators - The Federal Reserve cut rates by 25 basis points, raised growth estimates, and lowered inflation projections, contributing to positive sentiment in the stock market [1] - Initial Jobless Claims rose to 236,000, the highest since the week after Labor Day, but this figure is roughly the median for new claims over the past year [2] - Continuing Claims dropped significantly to 1.838 million, the lowest since mid-April, indicating a potential positive trend in the labor market [3][4] - The U.S. Trade Balance improved, shrinking to a deficit of $52.8 billion, the lowest level since June 2020, and 60% lower than the record deficit in March [5] Company Earnings - Lovesac (LOVE) reported negative earnings of $0.72 per share, missing estimates, and its revenue of $150.17 million was down 2.37% from consensus, leading to a 14% drop in shares [6] - Broadcom (AVGO) is expected to see earnings growth of 31.7% and revenue growth of 24.5%, driven by AI infrastructure supply [7] - Costco (COST) is projected to achieve 11.5% earnings growth and 8.3% revenue growth [7] - Lululemon (LULU) is estimated to report a 22.7% decline in earnings, despite a 3.5% increase in revenues [7]

Economic Indicators - Initial Jobless Claims rose to +236K, the highest since +263K reported after Labor Day, following a previous drop to +192K, which was revised slightly higher [2] - Continuing Claims dropped significantly to 1.838 million from a revised 1.937 million, marking a -99K decrease week over week, the lowest since mid-April [3] - The long-term jobless claims remained above 1.9 million for 32 weeks without exceeding 2 million, indicating stability in the labor market [4] Trade Balance - The U.S. Trade Deficit decreased to -$52.8 billion, the lowest level since June 2020, down from a revised -$59.3 billion the previous month [5] - This figure is -60% lower than the record trade deficit set in March, attributed to preemptive actions by trade merchants ahead of tariff changes [5] Company Earnings - Lovesac (LOVE) reported negative earnings of -$0.72 per share, missing the anticipated -$0.70, and revenue of $150.17 million, down -2.37% from consensus, resulting in a -14% drop in shares [6] - Broadcom (AVGO) is expected to see earnings growth of +31.7% and revenue growth of +24.5%, driven by AI infrastructure supply [7] - Costco (COST) is projected to achieve +11.5% earnings growth with +8.3% revenue growth [7] - Lululemon (LULU) is estimated to report a -22.7% decline in earnings while revenues are expected to grow by +3.5% [8]

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Group 1 - The core argument presented by CISPE is that the European antitrust regulators failed to properly analyze the risks associated with Broadcom's $69 billion acquisition of VMware before approving the deal [1] - CISPE, which has 46 members in Europe, includes major companies like Microsoft and Amazon as associate members [1] - In July, CISPE challenged the European Commission's approval of the transaction in a court in Luxembourg [1]

Group 1 - The Federal Reserve lowered interest rates by 25 basis points as expected, leading to mixed performance in the U.S. stock market with the Nasdaq down 0.61%, S&P 500 down 0.38%, and Dow Jones up 0.2% [1] - Oracle's stock plummeted over 15% due to second-quarter cloud and infrastructure revenue falling short of expectations, raising concerns over increased AI spending [1] - Nvidia's shares fell over 2% amid reports that China plans to restrict the use of Nvidia's H200 chips [1] Group 2 - Intel's stock dropped over 2% after the company lost an antitrust ruling in the EU, although the fine was reduced to €237 million [1] - Broadcom's shares declined over 3% as analysts warned that investor expectations may be overly saturated, suggesting that even strong Q4 performance could trigger a pullback [1]

Core Viewpoint - The European Cloud Infrastructure Services Providers Association (CISPE) has filed a lawsuit against the European Commission, claiming that the antitrust regulators did not adequately analyze the risks associated with Broadcom's $69 billion acquisition of VMware before approving the deal [1][2]. Group 1: CISPE's Claims - CISPE, which has 46 member organizations in Europe, including Microsoft and Amazon as associate members, argues that the European Commission made legal errors and significant assessment mistakes in evaluating the impact of the acquisition on the server virtualization software market [1][2]. - The association asserts that the European Commission failed to assess the effects of the transaction on the server virtualization software market, constituting a legal error and violating its obligations under the Merger Regulation and relevant case law [1][2]. Group 2: Responses from Involved Parties - Broadcom has firmly rejected CISPE's allegations, maintaining that the acquisition is beneficial [1][2]. - A spokesperson for the European Commission stated that they have no specific comments at this time but are prepared to defend their decision in court [1][2]. - CISPE's Secretary General, Francisco Mingorance, expressed that the regulatory oversight has caused tangible harm to the European cloud computing industry and all institutions relying on it [1][2].

自4月4日触底以来，这家芯片制造商的股价已飙升超过180%，成为同期标普500指数中表现第十佳的成份股，并且自该公司9月公布上一次财报以来上涨了 35%。其股价周三收于历史最高点。 智通财经APP获悉，博通(AVGO.US)是今年市场中最热门的股票之一，这主要得益于市场对人工智能相关产品的追捧。但随着该公司即将在周四收盘后公布 季度业绩，投资者正在思考，这股热情是否足以推动其股价延续涨势。 亨廷顿国家银行全球增长股票策略经理彼得·索伦蒂诺表示："我们担心市场预期可能已经过高，容易出现失望情绪。"该银行持有博通股票。 博通周三收盘再创新高 市场的热情源于博通为Alphabet旗下谷歌等客户定制的芯片在人工智能数据中心建设中扮演的核心角色。在其他基础设施类股——包括英伟达、甲骨文和 AMD——表现挣扎之际，博通取得了这一成绩。 但这也使博通股票的估值达到了历史最高水平，其预期市盈率约为42倍，而其10年平均市盈率仅为17倍。目前，博通股票的估值已高于"科技七巨头"中除特 斯拉以外的所有公司。 索伦蒂诺表示："投资者的热情有些过头了。"他指出，他的公司"在过去六个月的这波上涨行情中"没有增持博通股票。 分析师预计， ...

Broadcom set to report its earnings after the close. To preview the numbers, we want to welcome in our next guest. That's Joseph Chaposhnik, founder and portfolio manager of Rainwater Equity.Joseph, it's good to see you. I haven't talked to you in a while. Uh, so let's get into the expectations for Broadcom.Uh, consensus the street looking for a buck 87 per share on revenue of 17.5% billion. Does that line up with your overall expectations. >> Yeah, it does.And I think the the key number that people will be ...

Broadcom Inc. (NASDAQ:AVGO) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, Rosenblatt analyst Kevin Cassidy raised the firm’s price target on the stock to $440 from $400 and kept a “Buy” rating on the shares. The rating affirmation, which comes as part of an earnings preview, reflects expectations for upside from strong TPU/XPU traction and infrastructure tailwinds. Rosenblatt believes that Broadcom will beat estimates driven by accelerating shipments of TPU and additional traction w ...

Core Viewpoint - EU antitrust regulators inadequately assessed the risks associated with Broadcom's $69 billion acquisition of VMware before approving the deal [1] Group 1: Regulatory Concerns - The Cloud Infrastructure Services Providers have raised concerns regarding the EU's antitrust review process for the acquisition [1] - There is a belief that the acquisition could lead to reduced competition in the cloud computing market [1] Group 2: Financial Implications - The acquisition is valued at $69 billion, indicating a significant investment in the cloud computing sector by Broadcom [1] - The deal's approval may have implications for future mergers and acquisitions in the technology industry [1]