--- title: "☕️ [Task Coins Giveaway] Daily Market Talk — Dell Soars 16% as Broadcom Falls Despite 86% Growth" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000883834.md" description: "Dell surged 15.8% Wednesday as its AI-server refresh story kept building. Broadcom fell despite revenue growing 86% and AI chip sales more than tripling — its guidance simply wasn't enough. A weak ADP..." datetime: "2026-09-03T03:02:25.000Z" locales: - [en](https://longbridge.com/en/topics/100000000883834.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000883834.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000883834.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # ☕️ [Task Coins Giveaway] Daily Market Talk — Dell Soars 16% as Broadcom Falls Despite 86% Growth Dell surged 15.8% Wednesday as its AI-server refresh story kept building. Broadcom fell despite revenue growing 86% and AI chip sales more than tripling — its guidance simply wasn't enough. A weak ADP jobs report muddied the Fed's rate path. Let's dig in 👇 **💬 Broadcom beat on revenue, beat on EPS, and still got sold off on guidance — is the AI bar now impossible to clear?** ## 📊 Quick Recap — What Moved & Why ### 🇺🇸 US — Dell Soars 16% as Broadcom Falls Despite 86% Growth **🔑 Key Event:**$Dell Tech(DELL.US) closed **+15.81%** at $492.20 Wednesday, extending Tuesday's earnings pop. $Broadcom(AVGO.US)**fell despite AI chip revenue more than tripling YoY to $16.7B** — its Q4 guide of $34.8B missed the $35.0B consensus. US indices rose ($S&P 500(.SPX.US)**+0.46%** to 7,666.60, $NASDAQ Composite Index(.IXIC.US)**+0.45%** to 26,217.83, $Dow Jones Industrial Average(.DJI.US)**+0.56%** to 53,061.95). > @Arati : A rising share of custom AI accelerators carries lower profit margins than its higher-margin software business. If Broadcom fails to raise forward guidance, profit-taking ensues despite strong overall revenue, which is more likely than not. > @Shyon : Circular financing doesn't automatically mean an AI bubble, but it does make me more selective — I'd rather see AI companies convert massive compute spending into sustainable revenue before assuming these valuations are fully justified. **👀 Other to Watch** - **ADP jobs report** → private payrolls rose just **38,000** in August (vs ~47K est.), the slowest since January, adding weight to Friday's non-farm payrolls print. - $NVIDIA(NVDA.US) → rose **+3.21%** to $224.41, a fresh high since late August, on reports it's in advanced talks to buy AI startup Hugging Face for ~$14B. - $Tesla(TSLA.US) → closed roughly flat (**+0.26%**) at $357.01, down 21% YTD, ahead of today's high-stakes Cybercab robotaxi launch in Austin. - $Credo Tech(CRDO.US) → crashed **-20.03%** to $165.22 despite +115% YoY revenue; the overhang was customer concentration — its top 3 clients make up 74% of revenue. ### 🇸🇬 Singapore — STI Rebounds to 5,744 **🔑 Key Event:**$FTSE Straits Times Index(STI.SG) rose **0.59%** to 5,744.11 Wednesday, recovering from Tuesday's dip, and was up a further **0.5%** near 5,774 Thursday morning. $DBS(D05.SG)**,** $OCBC Bank(O39.SG)**, and** $UOB(U11.SG)**tracked the market higher**, holding their strong year-to-date gains. ### 🇭🇰 HK/China — Shein Falls for a Third Straight Session **🔑 Key Event:**$Hang Seng Index(00HSI.HK) was roughly flat Wednesday (**-0.07%** to 25,311), then rose **+0.68%** to about 25,482 Thursday morning. $SHEIN-W(00625.HK)**fell to HK$46.00 Wednesday and further to HK$43.70 Thursday morning** — a third straight losing session, now down about 10% from its HK$48.56 IPO price. **👀 Other to Watch** - $MINIMAX-W(00100.HK) → jumped **+4.09%** to HK$356.60 Thursday morning, after mainland investors bought HK$10.6B of its shares via Stock Connect in August — more than Alibaba or Tencent — since its Aug 6 southbound inclusion. ### 🌍 Other - 🇻🇪 $Chevron(CVX.US) → committed **$7B over 5 years** to more than double its Venezuela output to 600,000 bpd, under Trump's late-August US-Venezuela oil deal. - 🌍 Oil and gold steadied — WTI near $91, gold around $4,330-4,374/oz — after Tuesday's Iran-driven spike. ## 📅 Key Events Tonight / This Week | **When (SGT)** | **What** | | ----------------------- | ----------------------------------------------------------------------------------------- | | **Tonight, Thu 3 Sept** | 🇺🇸 **Tesla Cybercab robotaxi launch (Austin)**; ISM Non-manufacturing PMI, jobless claims | | **Fri 4 Sept** | 🇺🇸 **US August non-farm payrolls**, 8:30am ET | 👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨ 🚫 No duplicates · ⏰ Deadline: Sept 3, 2026, 11:59 PM SGT Not investment advice, just market talk 🙏 ### Related Stocks - [U11.SG](https://longbridge.com/en/quote/U11.SG.md) - [00625.HK](https://longbridge.com/en/quote/00625.HK.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [O39.SG](https://longbridge.com/en/quote/O39.SG.md) - [D05.SG](https://longbridge.com/en/quote/D05.SG.md) - [DELL.US](https://longbridge.com/en/quote/DELL.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [CRDO.US](https://longbridge.com/en/quote/CRDO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) ## Comments (29) - **TheCollector · 2026-09-03T15:28:15.000Z**: perhaps Walsh was spooking the market with hawkish talks, setting a rate hike expectations. if the results turn out to be staying put, it will feel like a rate cut for some. - **melph · 2026-09-03T15:14:07.000Z**: Broadcom's stock dropped because its future sales forecast slightly missed expectations, showing that investors now demand perfect results from chipmakers. Meanwhile, Dell's stock jumped because it beat profit estimates, raised its full-year forecast, and reported a huge $95 billion backlog in AI se - **Dacai · 2026-09-03T13:22:39.000Z**: Broadcom fell because the guidance was disappointing. The market is always forward looking. Thing are very volatile right now so it’s probably best to avoid betting on earnings season or if one really wants to try, have a defined stop loss in place. - **koolgal · 2026-09-03T10:41:14.000Z**: 🌟🌟🌟$Dell Tech(DELL.US)was the big winner today when its shares soared 16 % post earnings. It announced that its AI server backlog has exploded to a staggering USD 95 billion, triples its earnings per share and upgrades its full year road map by USD 25 billion. Absolute euphoria!In contrast $Broad - **NewUser_Unm6i · 2026-09-03T09:25:01.000Z**: Surprised to now see Dell Tech. Recently, their shares increases. Even S&P 500 and Nasdaq Composite Index shares also go up. Nvidia and Tesla even rise. But Credo and Broadcom shares lower. Straits Times share increases with local Singapore banks tracked the market higher.Hang Seng Index and Min - **NewUser_ThinkSwim · 2026-09-03T09:02:08.000Z**: $Broadcom(AVGO.US) has numbers that meet expectations just not unexpected above what investors image or expected but when they said revenue increase on 2027 and revenue most likely double by 2028. I think its safe to say demand is there just that we do not understand what markets will do in the shor - **FaithAnchor · 2026-09-03T07:12:25.000Z · 👍 1**: Oil won’t ease, geopolitics remain tense, and August ADP hiring disappointed. Warsh faces a tough call. My take: hold for now—don’t risk crushing a weakening labour market just to fight supply-driven inflation. - **dingdongbell · 2026-09-03T06:45:35.000Z · 👍 1**: The jobs data will probably determine the short term direction of the market. Market bulls want a tepid labour data. - **NewUser_CkrdqW · 2026-09-03T06:13:03.000Z · 👍 1**: Broadcom's earnings were relatively impressive as well. 86% growth rate with AI chip revenue more than tripling YoY, this is the kind of positive grower investors want to see. However, guidance came in 0.2B short of Wall Street's expectations, and in today's inflated expectations market, that signal - **Valenxis · 2026-09-03T06:12:51.000Z**: STI performing well thanks to the big anchors. but since it is heavily tilt towards bank, the others underlying are still kind of a little weak. - **NewUser_VM0QD · 2026-09-03T06:04:27.000Z**: Broadcom’s price action shows how high expectations have reached. revenue increase and AI chip sales above $16B are no longer good enough.Tonight, Tesla reports will be closely watched. I am also watching Friday’s non-farm payrolls closely. - **TheRaccoonAnalysis · 2026-09-03T05:46:39.000Z**: The market reaction highlights high expectations around AI infrastructure. Dell’s strong rally reflects accelerating AI-server demand and backlog visibility, reinforcing the broader AI capex narrative. Broadcom’s decline shows that exceptional growth is not enough when forward guidance falls slightl - **LazyCat · 2026-09-03T05:18:26.000Z · 👍 1**: Dell and Broadcom moved in opposite directions after earnings because investors judged them against different expectations. Dell surged 15.8% after delivering a major beat-ans-raise quarter. It lifted full year revenue guidance sharply, projected EPS far above consensus, and reported a very large AI - **Tiffany lover · 2026-09-03T05:03:31.000Z · 👍 1**: NVIDIA's stock rose +3.21% to $224.41, hitting a new high since late August. Various rumors about investments in startups and the actual launch of strategic alliance agreements are driving the stock, but as the largest tech chip company, it has matured and its volatility is now within limits, leavin - **Heroic Lifesaver · 2026-09-03T04:57:53.000Z**: I believe the upcoming job data will be crucial in market’s expectations going forward. A soft labour market is what the bulls want. - **VNW_Capital · 2026-09-03T04:18:29.000Z**: opportunity to nibble AVGO! with that huge revenue growth, there is more for this giant to run and compound. definitely taking position once this settle for days. - **VNW_Capital · 2026-09-03T04:16:44.000Z**: opportunity to nibble AVGO! - **win win · 2026-09-03T03:39:57.000Z · 👍 2**: Dell's share price is up sixteen percent after the result is beat but Broardcom's share price went down with eighty six percent growth - **ShortWalk · 2026-09-03T03:37:28.000Z · 👍 1**: I think market is recovering slightly from the dip from day before due to the war.For broadcom to still fall, I think is only temporary. It will eventually rise with the other AI stocks. However, this dip also shows the expectations that investors have on AI related stocks and that broadcom is merel - **Jaces · 2026-09-03T03:34:35.000Z · 👍 1**: something is not right with 86% growth but share price dropped. am I reading it wrongly or there is more than it. --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**