Broadcom Plunges Despite Record Quarter, Companies Start Rationing AI

About this episode

Zaid discusses the latest market trends including Broadcom's performance and the impact of AI on companies.

Market update for Thursday June 4, 2026 Check out the Public app for incredible investing tools and to support the show ( LINK ) Follow us on Instagram ( @TheRundownDaily ) for bonus content and instant reactions. 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

People in this episode

Host: Zaid

Topics covered

• market update
• stock market
• AI usage
• Broadcom earnings
• Bitcoin ETF
• Amazon AWS deal

Keywords

• Broadcom
• AI
• stock market
• Bitcoin
• Amazon
• CrowdStrike
• UnitedHealth
• tariffs

Mentioned in this episode

Organizations: Broadcom, Amazon, Pinterest, UnitedHealth, Bank of America, CrowdStrike

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