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Broadcom Plunges Despite Record Quarter, Companies Start Rationing AI
Published 4 days, 11 hours ago
Description
Market update for Thursday June 4, 2026
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In today’s episode, Zaid covers:
Why the stock market is finally take a breather (hint: tariffs)
Bitcoin keeps sliding as ETF outflows pile up
Broadcom tanks despite a record quarter and huge AI chip growth
Amazon signs a $4 billion AWS deal with Pinterest to power AI discovery
UnitedHealth rises after a Bank of America upgrade
CrowdStrike falls after earnings as guidance disappoints investors
Fun Fact: companies are starting to ration AI usage as token costs explode