Wall Street Breakfast Podcast: Broadcom Brings More AI Butterflies (undefined:AVGO)
Sundry Photography/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Margin worries lead to selling of another big AI trade name. (0:15) Pot stocks pop. (1:16) Bud closing breweries. (2:07) The following is an abridged transcript: The AI trade hit another speed bump, with Broadcom (AVGO) under pressure post-earnings on margin concerns. Deutsche Bank’s Jim Reid noted that after a 78% YTD rally, Broadcom now has a larger market cap than Meta and Tesla, underscor ...