🟢 AVGO is trading 5% up today following Alphabet's strong earnings

AVGO is trading at $324.58 (+5.37%) in pre-market following Alphabet's strong earnings, which provided indirect support for the AI infrastructure supplier.

• Broadcom serves as a key supplier to hyperscalers like Google, benefiting from positive momentum in cloud and AI infrastructure demand.
• The rally signals short-term stabilization after recent pressure from insider selling and broader AI sector volatility.
• The upward move comes despite mixed futures and ongoing tech pressure from AI market reassessments.