To The Moon

Snowflake and Broadcom have just released their latest earnings. Both companies delivered solid results, but the market reacted very differently. Snowflake jumped more than 22% in after-hours trading, while Broadcom fell by around 4% at one point. Both companies are benefiting from the AI boom, so why did their share prices move in opposite directions? I think there are three main reasons. 1. Both delivered strong results, but the market trades on expectations Let’s start with Snowflake. Snowflake reported second-quarter product revenue of $1.492 billion, up 37% year over year. Total revenue reached $1.547 billion, representing 35% growth. Adjusted earnings per share came in at $0.62, well above the market expectation of $0.45. Those numbers were already strong, but what really excited the

Dell has been one of the strongest AI-related stocks this year, alongside NVIDIA and Broadcom. As of September 2, Dell closed at $492.20, gaining 15.8% in a single session and moving close to its 52-week high of $514. The stock has now risen more than 230% year to date. After such a massive rally, does Dell still have room to run? I don’t think we should judge it simply by how high the share price has gone. The more important questions are: Why has it risen so much, and can future earnings support the current valuation? 1. Dell’s rally is backed by more than just AI hype Dell’s share-price trend this year has been quite clear. Instead of rising steadily every day, the stock has moved sharply higher each time the company reported earnings. In February, Dell forecast approximately $50 billio

There was a time when reporting 221% growth in AI revenue would have been enough to send almost any semiconductor stock flying. Broadcom just did exactly that. The stock fell anyway. And I think that tells us something much bigger about where the AI trade has reached. Broadcom didn’t report a weak quarter. It reported: 📈 Q3 revenue: US$29.6B, +86% YoY 🤖 AI semiconductor revenue: US$16.7B, +221% YoY 💰 Non-GAAP EPS: US$3.32, +96% YoY 💵 Free cash flow: US$13.7B 🚀 Q4 AI revenue guidance: US$21.7B, +236% YoY Broadcom also expects AI semiconductor revenue to reach approximately US$115B in FY2027 and potentially US$230B in FY2028. Read those numbers again. Then ask yourself: What exactly does an AI company have to do now to impress Wall Street? Because I don’t think Broadcom’s biggest problem is