US Equity Navigator

Market ripped higher on Middle East peace rumors (Trump says Iran deal in 'coming days'), oil price declined sharply. Tech selloff had deepened ahead of CPI, but dip-buying emerged. Broadcom 15% plunge on AI guidance miss confirms valuation fatigue, but contrarian thesis emerges: 46% FCF margin suggests deep undervaluation. A new deep dive highlights Broadcom's AI revenue trajectory from $2B to $50B in 24 months, with custom silicon lock-in and 75% gross margins; customer concentration >70% is key risk. CRWD Q1 beat but sold off 10-11% on high expectations. Marvell added to S&P 500, surging 9% pre-market; now 57% surge in a month raises sell-the-news risk (historical data shows nearly 60% underperform a year later). AMD inference thesis gains traction. Broadcom downgraded from Strong to Neutral. Usage-based AI pricing threat emerges. Apple WWDC confirms Siri standalone app with Gemini integration; stock popped then faded. Intel TPU deal with Google signals AI integration broadening. AI infrastructure broadening continues: Applied Digital signs 210 MW lease, IREN's $4.4B AI cloud bet, RIOT's AI pivot. Nvidia acquires Kumo AI for $400M+. Jensen Huang visits South Korea, recommends Qualcomm, bets on Korean robotics. Market rebounds after selloff, futures surge. Oracle beat earnings but crashed 11% on AI spending concerns, adding to tech weakness. Micron earnings upgrade from Goldman Sachs provides positive semis data point. US lawmakers seek tighter curbs on chipmakers supplying Chinese subsidiaries. Jensen Huang's supplier endorsements draw skepticism. Rotation trade gains speed. Barclays turns tactically cautious on US equities. AAPL earnings call provided primary source commentary. Liquidity dynamics shift noted. A new Broadcom 10-Q analysis video offers footnote-level detail on the contrarian margin thesis. Semiconductor market surpassed $300bn quarterly for first time, driven by AI memory demand. Marvell 10-K analysis provides deep-dive on custom AI chip opportunity. Energy rotation confirmed by multiple sources: Zacks nuclear stocks (CEG, VST, TLN) and natural gas video highlight AI energy demand. Iran truce reports emerge, driving a sharp market surge and oil price decline. The AI selloff may have been partly about making room for SpaceX, not a fundamental shift; AI trade rotating into software and infrastructure.