Stock Market Today: Nasdaq Slumps 2% As Broadcom Sell-Off Slams AI Space (Live Coverage)

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ANALYSIS: The Quantum Computing Threat To BitcoinThe pace of selling picked up in AI stocks Friday, sending the Nasdaq composite and S&P 500 to session lows on the stock market today. Broadcom (AVGO) sold off hard after its earnings report, fueling double-digit percentage declines in other AI leaders like Celestica (CLS) and leading fiber-optic stocks such as Lumemtum (LITE) and Ciena (CIEN). The Nasdaq composite tumbled… 3:55 AM ET Skittish investors sold off Broadcom stock even though the company beat estimates with its fiscal Q4 results and guidance. 3:55 AM ET Skittish investors sold off Broadcom stock even though the company... In the wrong hands, quantum computing could undo cryptocurrency security features. (© Gary Neill)Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!Get market updates, educational videos, webinars, and stock analysis.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our Terms of Use.*Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet.IBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC.©2025 Investor’s Business Daily, LLC.
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