# 9AM Hour: Broadcom Tumbles and Drags Down the AI trade, Dow Rallies, SpaceX IPO Roadshow 6/4/26

Page: https://stenobird.com/podcast/squawk-on-the-street-731896/9am-hour-broadcom-tumbles-and-drags-down-the-ai-trade-dow-rallies-spacex-ipo-roadshow-6-4-26
Text version: https://stenobird.com/podcast/squawk-on-the-street-731896/9am-hour-broadcom-tumbles-and-drags-down-the-ai-trade-dow-rallies-spacex-ipo-roadshow-6-4-26.md
Podcast: [Squawk on the Street](https://stenobird.com/podcast/squawk-on-the-street-731896)
Published: 2026-06-04T14:24:12+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/772daf2b-4aa5-445b-9969-6ecd181231b1/episodes/d9522417-62cf-408f-be4b-011a166526ba/audio/128/default.mp3?aid=rss_feed&awCollectionId=772daf2b-4aa5-445b-9969-6ecd181231b1&awEpisodeId=d9522417-62cf-408f-be4b-011a166526ba&feed=GcylmXl7
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Duration seconds: 2595

## Resource

Carl Quintanilla, Jim Cramer and David Faber explored the tech sector being dragged down by a member of the trillion-dollar club: Broadcom shares tumbled in reaction to the company missing on quarterly revenue and reiterating long-term AI chip sales guidance. A different story for the Dow: The blue-chip index gained more than 700 points. The anchors also discussed Elon Musk's SpaceX gearing up for its IPO roadshow after it filed plans for a $135 per share offering, valuing the company at nearly $1.8 trillion. Public debut day for Honeywell's Quantinuum, whose CEO joined the show to discuss the future for the quantum computing company. Also in focus: CrowdStrike slides, Blackstone's flagship private credit fund redemptions. Squawk on the Street Disclaimer

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