Framing Analysis
Broadcom shares declined approximately 12% in premarket trading on Thursday, with potential market-cap losses exceeding $285 billion at $418.83 per share [CNA]. The company reaffirmed its $100 billion long-term AI revenue target and stated comfort with supply secured for 2026 and 2027 [CNA]. CrowdStrike reported adjusted EPS of $1.10, revenue of $1.39 billion, and 26% year-over-year revenue growth [CNBC].