Oil pulls back, Broadcom disappoints - what’s moving markets
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StreetInsider.com Top Tickers, 10/22/2026
- Nasdaq leads Wall Street lower on AI spending jitters; oil prices rebound
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
Rosenblatt Assumes Broadcom Limited (AVGO) at Buy
September 3, 2026 6:42 AM EDTRosenblatt analyst Sajal Dogra assumes coverage on Broadcom Limited (NASDAQ: AVGO) with a Buy rating and a price target of $600.00.
The analyst comments "Broadcom guided FY27/FY28 AI revenue to $115B/$230B, though demand remains well ahead of guided revenue. We view the ~$350B two-year outlook as constrained primarily by power, shell readiness and physical deployment rather than end-demand, creating a longer and stronger revenue pipeline as the balance of the roughly 30GW disclosed customer roadmap is deployed through FY28 and beyond. AVGO shares have... More



