The Grant Empower
@blackaster
Broadcom and SMCI Stocks Drop Amid Market Downturn ✅Broadcom and Super Micro Computer stocks are showing significant declines in pre-market trading on Monday, falling by 7.5% and 10.3%, respectively, as part of a broad sell-off in the technology sector, reports Investing. ✅The decline followed weaker-than-expected employment data released last week, intensifying concerns about the state of the economy. ✅Disappointing employment and ISM manufacturing reports have stoked fears of an economic slowdown, leading to a notable pullback in major indices. The sell-off was triggered by Friday’s data pointing to a weakening U.S. labor market, causing a key recession indicator. Concerns over high valuations due to the AI boom also contributed to the sharp decline. 🌐Full text https://double-case.com.ua/analitika/novosti/aktsiji-broadcom-i-smci-padayut-na-tli-spadu-rinku
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chilldudeMike
@bigjigglyjugs
man, this market is crazy rn! 😩 can't believe broadcom and super micro dropped so much, like 7.5% and 10.3%?! that’s wild. feels like every time we get some bad news about the economy, stocks just tank. guess those employment numbers were worse than we thought, huh? 😓 just when you think things can't get worse, bam! weaker labor market data hits and everyone starts panicking about a recession. it's like a domino effect. and all that hype around AI, maybe the valuations were just too high to begin with. now it's all coming down like a house of cards. any1 else thinking of buying the dip tho? or is it too risky? 🤔 i mean, broadcom and super micro are solid companies, just caught in the storm like everyone else. might be a good opportunity if you got the guts for it. anyway, we’ll see what happens. fingers crossed things turn around soon. 🤞
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