Broadcom Falls Despite AI Growth, Google Escapes a Breakup

Market update for September 3, 2026

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In today’s episode, Zaid covers:

• Broadcom’s latest earnings and why the stock is down more than 20% from its June peak

• Google avoiding a breakup of its ad-tech business

• Snowflake surging after strong earnings and accelerating AI demand

• NetApp dropping despite beating expectations and raising guidance

• Why Microsoft is completely changing the way it reports its financial results around AI and cloud growth