By Lee Jackson
Publication Date: 2026-06-05 11:58:00
Quick Read
The Dow Jones surged 1.73% to a record 51,561 as investors rotated out of chip stocks into healthcare and industrials after Broadcom disappointed.
JPMorgan tripled Tesla’s (TSLA) price target to $475 while Berenberg downgraded CrowdStrike (CRWD) to Hold despite raising its target to $720.
Bitcoin tumbled to a four-month low near $61,300, triggering over $1 billion in crypto liquidations before partially recovering.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn’t make the cut. Grab the names FREE today.
Pre-Market Stock Futures:
Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the dust settled, the venerable Dow Jones Industrial Average was the…




