What I’m watching when Broadcom reports fiscal third-quarter results on September 2, 2026 Broadcom is approaching the kind of earnings report that makes reasonable investors behave like unpaid detectives. The company will report fiscal third-quarter 2026 results after the market closes on September 2. Between now and then, I expect analysts to inspect cloud capital-expenditure plans, custom accelerator shipments, networking demand, VMware contract trends, margin assumptions, and possibly the tone of Hock Tan’s breathing. This is what happens when a company becomes one of the market’s most important artificial-intelligence suppliers: excellent execution stops being impressive and becomes the minimum cover charge. I understand the excitement. Broadcom’s latest results were extraordinary. Fiscal second-quarter revenue reached $22.2 billion, up 48% from a year earlier. AI semiconductor revenue hit $10.8 billion, an increase of 143%. Adjusted EBITDA was $15.2 billion, or 69% of revenue. Fre...
I have learned that earnings season is where perfectly rational adults stare at a company growing revenue by more than 30% and ask why management has not also discovered cold fusion. That is the atmosphere surrounding Arista Networks as it prepares to report second-quarter 2026 results after the market closes on August 4. The company enters this report with enormous momentum, outstanding profitability, powerful exposure to artificial intelligence infrastructure, and a stock price that already assumes Arista will continue executing like a company whose executives have somehow negotiated an exemption from ordinary business problems. Arista is expected to report approximately $2.83 billion in second-quarter revenue and adjusted earnings of roughly $0.89 per share, although estimates vary slightly by source. Those numbers would represent another quarter of substantial growth. Under normal circumstances, that would be enough to make investors happy. These are not normal circumstances. Arist...