United States — United States Department of Labor & Broadcom

United States — United States Department of Labor: The United States — United States Department of Labor reported stronger-than-expected job gains in May, which, while indicating economic health, fueled fears of Fed rate hikes and contributed to the market sell-off.

Broadcom: Broadcom dropped 7.9% as chip stocks faced a significant sell-off, impacting its market valuation.

United States — United States Department of Labor: The United States — United States Department of Labor reported accelerating US consumer inflation in April, with rising food prices, rental costs, and airfares, indicating economic strain on Americans.

Broadcom: Broadcom>>> shares plunged after missing revenue expectations, despite its top executive leaving a sales forecast unchanged.

United States — United States Department of Labor: Released job openings data.

Broadcom: Gained on AI-driven demand for networking chips. Benefited from the broader tech rally.

United States — United States Department of Labor: The United States — United States Department of Labor provides data on private-sector worker wages and benefits in the U.S.

Broadcom: Broadcom's CEO Hock Tan's compensation is linked to the company's performance in artificial intelligence, making it one of the few to use AI as a benchmark.