Stocks making the biggest moves premarket: Broadcom, Micron, Petco, Coinbase and more

Cnbc · Jun 04, 2026 · 451 words · By Michelle Fox

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What to know about Stocks making the biggest moves premarket: Broadcom, Micron, Petco, Coinbase and more

Check out the companies making the biggest moves in premarket trading: Broadcom — Shares tumbled 15% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion, short of the $22.27 billion expected from analysts polled by LSEG.

Claims checked 30

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center83%

Right17%

6 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Why it matters

This marked Broadcom's first revenue miss since December 2024.

Common ground

The company's $7.18 billion infrastructure revenue also missed the $7.32 billion StreetAccount estimate.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Stocks making the biggest moves premarket: Broadcom, Micron, Petco, Coinbase and more?
What evidence would most clearly confirm or weaken the claim that C3.ai's fourth-quarter adjusted loss came in at 33 cents a share on revenue of $52 million?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/06/04/stocks-making-the-biggest-moves-premarket-.html

fact_checkClaims Checked

eFinder analyzed this article and checked 30 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 20

info Single Source 4

verified Verified By Reference 3

help Insufficient Evidence 2

check_circle Corroborated 1

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Claim 1: “C3.ai's fourth-quarter adjusted loss came in at 33 cents a share on revenue of $52 million”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 2: “The health insurer climbed 3% following an upgrade at Bank of America to buy from neutral”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 3: “Analysts polled by LSEG sought a loss of 37 cents per share and $50 million in revenue”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 4: “Shares of the pet retailer dropped roughly 12% after Petco's current-quarter forecast came in shy of Wall Street's expectations”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 5: “Broadcom — Shares tumbled 15% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion”

VERIFIED BY REFERENCE

The provided evidence for Broadcom consists of general company descriptions from Wikipedia and their official site. There is no specific financial data or stock price movement mentioned in the evidence to confirm the 15% drop or the $22.19 billion revenue figure.

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wikipedia NEUTRAL — VMware LLC is an American cloud computing and virtualization technology company headquartered in Palo Alto, California, U.S. On November 22, 2023, Broadcom acquired VMware in a cash-and-stock transact…
https://en.wikipedia.org/wiki/VMware

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wikipedia NEUTRAL — During the 1980s and 1990s, a relatively large number of companies appeared selling primarily 2D graphics cards and later 3D. Most of those companies have subsequently disappeared, as the increasing c…
https://en.wikipedia.org/wiki/List_of_graphics_chips_and_car…

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wikipedia NEUTRAL — Stargate Project, incorporated in Delaware as Stargate LLC, is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. The ve…
https://en.wikipedia.org/wiki/Stargate_LLC

+ 3 more evidence sources

help

Claim 6: “Five Below — Shares fell nearly 11%”

INSUFFICIENT EVIDENCE

No evidence was found for this claim after searching.

schedule

Claim 7: “shares of Strategy shed 2.7%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 8: “Shares plunged 22%% after the Tommy Hilfiger and Calvin Klein parent reiterated its full-year earnings guidance”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 9: “BTIG upgraded shares to buy from neutral following Medtronic's earnings beat Wednesday”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 10: “It also expects earnings per share of $1.16 to $1.17”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 11: “Same-store sales for the period are expected to grow 7% to 9%, versus 4.4% consensus”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 12: “The cybersecurity company saw its stock lose 10% on lackluster second-quarter guidance”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 13: “Advanced Micro Devices ' lost nearly 5%”

CORROBORATED

Multiple independent web search results (Perplexity, Investing.com, and another source) confirm that AMD stock fell nearly or about 5%.

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web search NEUTRAL — May 12, 2026 ... Investing.com -- Shares of Advanced Micro Devices fell nearly 5% in mid-day trading as a confluence of sector-specific regulatory fears and ...
https://www.investing.com/news/stock-market-news/why-is-amd-…

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web search NEUTRAL — Advanced Micro Devices fell sharply, underperforming the broader market, as a sector-wide semiconductor selloff was triggered by reports that Meta Platforms ...
https://www.perplexity.ai/finance/AMD

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web search NEUTRAL — Apr 2, 2026 ... Advanced Micro Devices stock fell about 5% this week, trading near $210 per share, primarily because investors are concerned that AMD's AI ...
https://www.tikr.com/blog/amd-fell-5-this-week-heres-where-t…

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Claim 14: “The artificial intelligence application software company's stock added 1.4%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 15: “Robinhood shares shed nearly 2%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 16: “Micron Technology 's stock slipped 6%”

SINGLE SOURCE

The claim is supported by a cross-reference from CNBC, but other evidence only provides general company information about Micron Technology.

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web search NEUTRAL — Micron Technology, Inc. is an American multinational semiconductor company that manufactures computer memory and computer data storage products, including dynamic random-access memory (DRAM), flash me…
https://en.m.wikipedia.org/wiki/Micron_Technology

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web search NEUTRAL — Explore Micron Technology, leading in semiconductors with a broad range of performance-enhancing memory and storage solutions
https://www.micron.com/

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web search NEUTRAL — Find the latest Micron Technology, Inc. (MU) stock quote, history, news and other vital information to help you with your stock trading and investing.
https://finance.yahoo.com/quote/MU/?fr=sycsrp_catchall

+ 1 more evidence source

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Claim 17: “The medical technology company advanced nearly 2%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 18: “Coinbase shares lost 1%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 19: “Intel 's stock shed 4%”

SINGLE SOURCE

The claim is supported by a cross-reference from CNBC, but no other independent sources in the evidence confirm the 4% drop.

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web search NEUTRAL — Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. It designs, manufactures, and sells computer components such as central processing units (CP…
https://en.wikipedia.org/wiki/Intel

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web search NEUTRAL — Download new and previously released drivers including support software, bios, utilities, firmware and patches for Intel products.
https://www.intel.com/content/www/us/en/download-center/home…

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web search NEUTRAL — Intel named one of America's Most Innovative Companies Fortune recognizes Intel's industry-leading innovations that are advancing AI, computing, and semiconductor manufacturing.
https://www.intel.com/content/www/us/en/homepage.html

+ 1 more evidence source

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Claim 20: “The cryptocurrency was down about 5%”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 21: “The company's $7.18 billion infrastructure revenue also missed the $7.32 billion StreetAccount estimate”

SINGLE SOURCE

The claim is directly supported by a cross-reference from CNBC, but no other independent sources in the provided evidence confirm these specific figures.

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wikipedia NEUTRAL — Tan Hock Eng (Chinese: 陳福陽; pinyin: Chén Fúyáng; Pe̍h-ōe-jī: Tân Hok-iâng; born 1951 or 1952) is a Malaysian-born Chinese-American business executive. He is the CEO of Broadcom Inc. He was the third-h…
https://en.wikipedia.org/wiki/Hock_Tan

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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

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wikipedia NEUTRAL — State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. ba…
https://en.wikipedia.org/wiki/State_Street_Corporation

+ 4 more evidence sources

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Claim 22: “CrowdStrike sees Q2 revenue around $1.44 billion, just above a StreetAccount estimate of $1.3 billon”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 23: “Second-quarter revenue is expected to range from $1.18 billion to $1.2 billion, versus the StreetAccount estimate of $1.15 billion”

INSUFFICIENT EVIDENCE

No evidence was found for this claim after searching.

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Claim 24: “The company also posted a first-quarter earnings beat, but revenue was about in line with expectations”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 25: “This marked Broadcom's first revenue miss since December 2024”

VERIFIED BY REFERENCE

The evidence provided for Broadcom is general corporate information and does not mention revenue misses or dates related to December 2024.

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wikipedia NEUTRAL — The version history of the Android mobile operating system began with the public release of its first beta on November 5, 2007. The first commercial version, Android 1.0, was released on September 23,…
https://en.wikipedia.org/wiki/Android_version_history

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+ 3 more evidence sources

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Claim 26: “Super Micro Computer 's fell 7%”

VERIFIED BY REFERENCE

While Benzinga mentions 'downward volatility' and other sources discuss stock movements, none of the provided evidence specifies a 7% decrease for Super Micro Computer.

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wikipedia NEUTRAL — This might refer to: Super Micro Computer, Inc., an American computer hardware manufacturer A supercomputer or a mainframe computer built using microcomputer technology
https://en.wikipedia.org/wiki/Super_micro_computer

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wikipedia NEUTRAL — Super Micro Computer, Inc., doing business as Supermicro, is an American information technology company based in San Jose, California. The company is one of the largest producers of high-performance a…
https://en.wikipedia.org/wiki/Supermicro

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wikipedia NEUTRAL — Charles Liang Chien-Hou (Chinese: 梁見後; born 1956 or 1957) is a Taiwanese billionaire businessman and electrical engineer. He is the co-founder (with his wife Sara Liu), chairman, president and CEO of …
https://en.wikipedia.org/wiki/Charles_Liang

+ 3 more evidence sources

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Claim 27: “short of the $22.27 billion expected from analysts polled by LSEG”

SINGLE SOURCE

The evidence confirms that LSEG is a financial data provider, but does not provide the specific analyst expectation figure of $22.27 billion for Broadcom.

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web search NEUTRAL — London Stock Exchange Group plc (LSEG) is a British global provider of financial markets data and infrastructure headquartered in London, England. It owns the London Stock Exchange (on which it is als…
https://en.wikipedia.org/wiki/London_Stock_Exchange_Group

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web search NEUTRAL — Since 2007, it has been operated by the London Stock Exchange Group (LSEG), which is itself a constituent of the FTSE 100 Index and trades under the ticker symbol LSEG.
https://en.wikipedia.org/wiki/London_Stock_Exchange

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web search NEUTRAL — 9 hours ago · LSEG is a leading global financial infrastructure and data provider. We play a vital social and economic role in the world's financial system. With our open approach, trusted expertise a…
https://www.lseg.com/en

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Claim 28: “Petco sees second-quarter adjusted EBITDA ranging from $110 million to $112 million”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 29: “Analysts expected a forecast of around $1.16 per share”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 30: “The consensus sought EBITDA of $115 million, per StreetAccount”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.