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According to data from MSX.COM, the three major US stock indexes opened mixed. The Dow Jones Industrial Average rose 0.97%, the S&P 500 fell 0.37%, and the Nasdaq Composite fell 1.10%. Due to Broadcom's disappointing earnings report, traders sold off chip stocks, leading to a broad decline in the AI chip sector. Nvidia's stock price fell 0.6%, TSMC's stock price fell 1.9%, Broadcom's stock price fell 13.9%, Micron Technology's stock price fell 6.61%, Advanced Micro Devices' stock price fell 5.24%, ASML's stock price fell 2.92%, Intel's stock price fell 4.13%, and ARM Holdings PLC Sponsored ADR's stock price fell 7.7%.
It is reported that MSX is a leading RWA trading platform which has listed hundreds of RWA tokens, covering popular US stocks and ETF token targets such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Svmuureports that David Hoffman, the co-founder of Bankless who previously announced a full exit from ETH, shared his perspective that Bitcoin’s price is currently precisely at the 200-week moving average (MA). Looking back at historical price movements, BTC has only effectively broken below this moving average during the bear market phase when the collapses of Terra, Three Arrows Capital, and FTX triggered a chain of industry liquidations, representing some of the most destructive systemic crises in crypto history. In his view, the market risks introduced by moves such as Michael Saylor’s Strategy issuing convertible bonds are far from reaching the level of harm caused by the chain of collapses in those years. Additionally, he has disclosed the cost basis of his positions: NEAR accumulation cost around $1.4, HYPE around $45, and ZEC around $560.

Svmuu reported that Coinbase announced on the X platform that the first mortgage in the United States backed by Bitcoin as the underlying asset and guaranteed by Fannie Mae has been successfully issued. The loan was originated and serviced by Better, with technology provided by Coinbase. Coinbase stated that the product will be rolled out nationwide this summer, offering innovative mortgage options for Bitcoin holders while advancing the application of crypto assets in traditional finance.

Svmuu News: Following Broadcom's (AVGO) latest earnings report, the investor community is showing clear divergence on the company's future trajectory. Multiple bullish voices believe the company's AI business, particularly demand related to network infrastructure, is still in a phase of rapid expansion. Conversely, some bearish views worry that current profit margins are difficult to sustain long-term and argue there is a lack of near-term stock catalysts.
Bullish investors and analysts generally believe Broadcom's dominance in AI infrastructure—especially in networking chips and custom chips—remains solid, and the recent stock price adjustment is merely the market "nitpicking."
1. Order Visibility Unprecedentedly Extends to 2028:
@aleabitoreddit cited management's remarks during the earnings call, stating that demand for AI networking business is "nearly impossible to meet," with massive customer order volumes and order visibility extending to 2028. Based on this information, they believe Broadcom is benefiting from a continuously expanding AI network infrastructure construction cycle, particularly in the AI Networking field, and the company's growth prospects for the coming years remain optimistic.
2. Hard Data Support: High-Speed Growth Logic Unchanged:
Addressing market concerns, qinbafrank countered with core data: Broadcom expects third-quarter total revenue of approximately $29.4 billion, significantly above the market's prior expectation of $28.61 billion. He argues that both AI semiconductor business and total revenue are in absolute high-speed growth. The current adjustment is merely due to revenue recognition lagging behind some funds' extreme expectations, while the core business logic remains completely intact.
3. Valuation Pullback Creates a "Golden Opportunity," Funds Use Leverage to Buy the Dip:
In terms of strategy, the bullish camp exhibits a highly unified "Buy the Dip" stance. Chuanmu Analysis stated that with the stock price decline, Broadcom's forward P/E ratio has fallen to around 20x. If annualized based on Q4 profits and factoring in 50% growth, its forward P/E could even compress to around 10x, making the valuation highly attractive. He revealed that he had already bought the dip near 60, using a 2x leveraged instrument. Investor nft_hu also explicitly stated a welcome for this pullback, expressing hope for "an even larger correction to find opportunities to add positions."

Bearish Camp: 60% Profit Margin May Have Peaked, Lack of Major Near-Term Catalysts
1. Questioning Custom Design Moat, Sustainability of Super Profits in Doubt:
Industry analyst jukan05 stated that Broadcom's current profit margin of about 60% is already close to levels of industry leaders like Nvidia, but the company's design capabilities may not constitute an irreplaceable competitive barrier. Citing the Google TPU project as an example, he noted that custom AI chips have been proven successful in real-world applications. Therefore, large tech clients may gradually enhance their own design capabilities, weakening Broadcom's pricing power. Under this logic, he doubts whether the company's ultra-high profit margins can be maintained long-term and adopts a cautious stance on the current valuation.
2. Catalyst Vacuum, Technical Resistance Points to Pullback Risk:
Regarding short-term price action, trader labubu_trader provided specific correction forecasts from capital flow and technical perspectives. He explicitly expressed a bearish view on AVGO's short-term trend, believing that during the vacuum period after the market digests the earnings report and before the next major positive catalyst emerges, the stock lacks upward momentum. He predicts it will likely pull back to the $385-$400 price range.

Svmuu reported that “new stock god” Serenity posted on X platform, stating that Swedish hedge fund Origo has suffered significant losses due to shorting SIVE, calling it “one of the biggest losses of the year.”
Serenity pointed out that many Swedish hedge funds are currently in a state of severe floating losses, which is related to SIVE’s core position in the CPO supercycle. He further analyzed that this may explain the recent flood of fake news in the market, especially in situations where funds could potentially face unlimited losses. This incident highlights the potential vulnerability of some institutional investors in high-risk short-selling operations, while also reflecting the impact of asset volatility in specific industries on the dissemination of market information.