Broadcom Plunges Despite Record Quarter, Companies Start Rationing AI

Market update for Thursday June 4, 2026

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In today’s episode, Zaid covers:

• Why the stock market is finally take a breather (hint: tariffs)

• Bitcoin keeps sliding as ETF outflows pile up

• Broadcom tanks despite a record quarter and huge AI chip growth

• Amazon signs a $4 billion AWS deal with Pinterest to power AI discovery

• UnitedHealth rises after a Bank of America upgrade

• CrowdStrike falls after earnings as guidance disappoints investors

• Fun Fact: companies are starting to ration AI usage as token costs explode