Broadcom(US:AVGO) Bloomberg Televisionยท2025-09-05 11:46Market Trends & Economic Indicators - Markets await the payrolls report, anticipating 75,000 jobs created in August, marking the fourth consecutive month of job creation below 100,000 [1][6] - The unemployment rate is expected to rise slightly to 34%, the highest in a while [7] - The S&P 500 eked out a record, and the NASDAQ 100 is within 1% of a record [8][1][40] - There's anticipation that weaker jobs data could lead to a Federal Reserve rate cut later in the year [7] Company Performance & Partnerships - Broadcom's shares are up nearly 9% following a revenue beat and boosted outlook due to a new partnership with OpenAI to create an AI accelerator before 2026 [4][3] - OpenAI's order is estimated to be worth $10 billion, significantly boosting Broadcom's outlook [22][42] - Docusign shares are up 85% in premarket trading due to a decent outlook, especially regarding new AI tools [4][43] - Lululemon shares are down 17% due to disappointing sales figures for the third quarter and slashed guidance, facing a $25 million hit from President Trump's decision to end the de minimis rule on small packages shipped from China [5][44] - Apple's annual sales in India hit a record of nearly $9 billion in the last fiscal year, with iPhones accounting for a majority of the sales [25][69] Trade & Policy - President Trump plans to impose tariffs on semiconductor imports, penalizing companies not investing in the US [1][12][13] - Preliminary levies on pork imports from the European Union by China will range from 15% to 62% [26][71] - The US is eyeing trade talks to renegotiate the USMCA, which was signed in 2020 and is up for renegotiation every six years [16][17] Bond Market - The 10-year yield is at 416%, and the 30-day yield is down to 485% [2] - The two-year yield got close to 366%, nearly an eight basis point move [33]