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Why Broadcom’s Massive AI Backlog and Alphabet’s $80B Blitz Signal a Multi-Year x86 Displacement
Broadcom Inc. (NASDAQ: AVGO) closed the June 2, 2026, trading session at a record high of $481.57, jumping 4.70% during regular hours before extending its rally up to $495.00 (+2.79%) in after-hours trading. This bullish surge propelled Broadcom's market capitalization to a staggering $2.2 trillion, positioning the semiconductor and infrastructure software behemoth directly ahead of its highly anticipated fiscal Q2 2026 earnings release on June 3.
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$5.4T Moat: How NVIDIA’s 85% Sales Surge and New Vera CPU Threaten to Hollow Out Intel and AMD
NVIDIA Corp (NASDAQ: NVDA) continues its historic run, sitting firmly as the world’s most valuable company with a market capitalization hovering around $5.4 trillion. Coming off a robust Q1 2026 earnings report featuring an 85% year-over-year revenue surge to $81.6 billion and a 92% explosion in Data Center sales to $75.2 billion, CEO Jensen Huang turned Computex 2026 in Taipei into a multi-front competitive blitz.
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Mt. Gox shifts 10,306 BTC ($730.78M) as Bitcoin drops to $69,277
Mt. Gox transferred 10,306 BTC worth $730.78 million to a new wallet after a two-month lull, while 116.3 BTC ($8.2 million) cycled back to its hot wallet as change. Bitcoin slid below $70k to a 7-week low of $69,277 and was last quoted at $69,406, down 4.5% on the day. Despite the decline, exchange outflows of $4.45 billion over three days suggest dip buying, though momentum indicators still point to downside risk toward $65k.
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BTC-5.34%
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Schwab eyes mid-2027 advisor crypto trading after reporting $12.61T client assets
Charles Schwab is targeting a mid-2027 launch to let financial advisors use its custody platform for spot crypto trading, transfers, and custody. The plan would extend its push beyond the retail Schwab Crypto rollout, which started with spot Bitcoin and Ethereum trading and charges a 75 basis point fee per trade. Schwab reported $12.61 trillion in total client assets as of April 30, 2026, with Schwab Advisor Services representing about $5.31 trillion.
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BTC-5.34%
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