AI Cracks Deepen: $Broadcom(AVGO)$  Beat… but the Market Still Sold It

The last 48 hours just exposed the real fragility under this market.

🔹 Oracle dropped 11% after admitting AI spending isn’t turning into revenue fast enough.

🔹 Broadcom actually beat on revenue — yet the stock fell anyway.

Why?

Their CFO warned margins are shrinking, even as AI orders rise.

That’s the part investors hate:

•AI growth without AI profits.

When BOTH cloud (Oracle) and infrastructure (Broadcom) show pressure, it’s no longer noise — it’s a trend.

⸻

🚨 Meanwhile, the U.S. Treasury just executed another record $12.5B buyback of its own debt.

Governments only step in like this when liquidity is thinning and markets can’t absorb supply.

Pair that with a Fed chair that says:

- “Inflation is still elevated,”

- “Employment risks are rising,”

- “Rates are now near neutral,

- “we are in a bit of a tension”

…meaning no big rescue cuts are coming.

⸻

🔥 Bottom line:

H200 exports approval is not going to save the market.

The AI hype is wobbling.

The bond market needs support.

The Fed is boxed in.

Everything looks calm on the surface — but the foundation is starting to shake.

This is exactly how tops form.