AI Trade Cracks as Dow Surges to Record 51,562 and Broadcom Sinks 12%

On today's episode of Market Brief – After Hours, the Dow Jones surges 875 points to a fresh record at 51,562 as investors rotate hard out of semiconductors and AI names — with Broadcom's revenue miss dragging the Nasdaq into the red and sparking heavy losses across chip stocks. We dig into whether this is a healthy pause or the start of something more serious for the AI trade, and cover oil's surprise 3% drop despite Iran striking Kuwait Airport and US forces intercepting ballistic missiles. We also break down Bitcoin's brutal 13% weekly slide, a sharp rebound in Gold and Silver, and a wild session for individual names from PVH to Blackstone. Plus the full EUR/USD, GBP/USD, and USD/CHF technical picture. Hosted on Acast. See acast.com/privacy for more information.