Why Broadcom Stock Is Tumbling Today

Contributing sentiments towards policy:

42% : Broadcom's share price is down by nearly 30% since the beginning of this year, and much of that drop came after Trump announced his tariffs.
33% : Trump's current tariffs don't apply to semiconductor companies, but his team is looking into how he might impose chip tariffs, and Trump said earlier this month that such tariffs were "coming soon."
30% : On Monday, Trump again called on Federal Reserve Chairman Jerome Powell to lower interest rates.
20% : That sentiment was made worse Monday as Trump pressured the Fed chair on social media to cut interest rates.
14% : The Fed operates independently from the White House and the rest of the federal government, but Trump has ratcheted up his expressions of displeasure with Powell, and presidential aides are reportedly looking for ways that the administration might be able to fire Powell legally before his term as chairman is up in 2026.
14% : Investors remain concerned that Trump will attempt to remove Powell.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.