Ed Ludlow

What are we going to wait for?

What are we going to watch for?

Yeah, software has been beaten up.

But what's notable is Broadcom shares have down significantly, but they're still quite expensive in comparison to, well, historical numbers.

It's kind of funny timing in the earnings cycle.

We're either kind of late, depending on how you look at it.

And this is their fiscal fiscal first quarter.

I think they have like a 73 billion dollar backlog for the A6 part or AI chips part.

Do we do we look at Broadcom as like a learning for what's happening in aggregate in AI data center demand and so on?

How have people seen it as a key competitor to NVIDIA going forward?

No matter how many of these companies say they're developing their own ASICs, OpenAI has, Meta has, and many, we still just can't get away from what feels like the dominance of NVIDIA in GPU and now CPU.

On any given day, Carmen, you're usually responsible or partly responsible for some of the most red stuff on the terminal.

And you've got a piece about chart watches, the risk of S&P 500 correction and what's happening in Iran.

Summarize that and the data that you're seeing as best you can.

Carmen Reinecke, across the markets, we so appreciate it.

Thank you.

Hello, I'm Stephen Carroll.

I'm in Brussels, where many of Europe's biggest decisions get made.

And I'm Caroline Hepke in London.

We're the hosts of the Bloomberg Daybreak Europe podcast.