Today is Thursday, March 5, 2026.

The Early Bird Index today is 77.95.

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Broadcom's AI "Robust Demand"

Broadcom $AVGO ( ▲ 1.18% ) jumped 5.27% in after-hours trading on Wednesday after the semiconductor company posted good financial earnings results.

Financials: Broadcom reported earnings of $2.05 per share in the past quarter and revenue of $19.31 billion. Both were better than expected.

Quote: “Q1 AI revenue of $8.4 billion grew 106% year-over-year, above our forecast, driven by robust demand for custom AI accelerators and AI networking. Our AI revenue growth is accelerating, and we expect AI semiconductor revenue to be $10.7 billion in Q2.” - CEO Hock Tan.

Early Bird’s Nest Egg Gains: Broadcom is seeing robust demand primarily because hyperscale cloud providers are ramping orders for its custom AI chips and Ethernet networking to build out AI data centers, creating a large, multi‑year backlog of AI-related semiconductor revenue.

Final Thoughts: This marks a small recovery for Broadcom after the stock started 2026 with an 8% decline.

Notables

Notable Earnings Today: Marvell (Nasdaq: MRVL), Costco (Nasdaq: COST), Kroger (NYSE: KR), The Gap (NYSE: GAP), BJ's Wholesale (NYSE: BJ), Smith & Wesson Brands (Nasdaq: SWBI) Ciena (NYSE: CIEN), Samsara (NYSE: IOT), Victoria's Secret (NYSE: VSCO), Burlington Stores (NYSE: BURL), JD.com (Nasdaq: JD), Omada Health (Nasdaq: OMDA), Guidewire Software (NYSE: GWRE), Pattern Group (Nasdaq: PTRN),  AudioEye (Nasdaq: AEYE), Autohome N(YSE: ATHM), BCP Investment (Nasdaq: BCIC), Bilibili (Nasdaq: BILI), Cooper (Nasdaq: COO), Global Ship Lease (NYSE: GSL), GoPro (Nasdaq: GPRO), Grid Dynamics (Nasdaq: GDYN), Kura Oncology (Nasdaq: KURA), Liquidia (Nasdaq: LQDA), Methanex (Nasdaq: MEOH), Olaplex (Nasdaq: OLPX), Stratasys (Nasdaq: SSYS), Tango Therapeutics (Nasdaq: TNGX).

Notable IPOs Today: Presidio Production Company (NYSE: FTW), Inflection Point Acquisition Corp. VI Units (Nasdaq: IPFXU), SUMA Acquisition Corporation Units (Nasdaq: SUMAU).

Notable Equity Crowdfunding Campaigns Ending Today: Quantic (Republic), Settantatre Pasta (Honeycomb), Have It SUST (Crowdcube), Unicorns of Love (Crowdcube).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Import Price Index (8:30 a.m. ET), Export Price Index (8:30 a.m. ET), Nonfarm Productivity (8:30 a.m. ET), Factory Orders (10:00 a.m. ET), Fed's Balance Sheet (4:30 p.m. ET).

Ethereum's Early March Rally

Wednesday was a recovery day for cryptocurrency prices, especially for Ethereum $ETH ( ▲ 2.42% ), which saw an increase of about 7%.

Details: Analysts such as Tom Lee highlighted the potential for a March rebound despite geopolitical tensions. Meanwhile, research desks have reiterated upside targets toward $4,000 for Ethereum.

Final Thoughts: Despite the recent rally, Ethereum is still down about 28% in 2026.

StubHub’s Year-Over-Year Struggles

StubHub Holdings $STUB ( 0.0% ) fell 9.32% in after-hours trading on Wednesday after reporting bad financial results.

Financials: StubHub reported a loss of $1.56 per share in the past quarter and revenue of $449 million. Both were lower than expected.

Final Thoughts: Sales were only up year-over-year after excluding Taylor Swift’s “Eras” Tour.

Powerful and Powerless: Trump Announces A.I. Industry Pledge to Pay for Power (New York Times)

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.

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