On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:

- Broadcom (AVGO) shares plunged by the most in more than 16 months after the company’s forecast for sales of its artificial intelligence chips disappointed investors. The outlook spooked investors, triggering a rotation out of AI-related tech stocks which led to a broader market selloff on Friday. The concerted slide in stocks, bonds and crypto was the biggest setback in months for the latest leg of the bull market, which traces to the end of March when negotiations began in earnest to end war in Iran. Concern has grown recently about the sustainability of an AI-fueled rally that had pushed the Philadelphia Semiconductor Index toward its best quarter ever.

- Coinbase (COIN) shares fell on Friday trading after Baird named the crypto exchange a new bearish pick due to weak trading volumes. Analyst David Koning sees lower trading volumes and the US crypto market legislation likely not passing until after mid-term elections weighing on Coinbase’s valuation.

- Humana (HUM) shares advanced in trading this week, after Morgan Stanley increased its price target on the managed care firm to $249 from $217. The health-care sector broadly climbed on Thursday, in contrast to the tech stock decline.

On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:
- Broadcom (AVGO) shares plunged by the most in more than 16 months after the company&rsquo;s forecast for sales of its artificial intelligence chips disappointed investors. The outlook spooked investors, triggering a rotation out of AI-related tech stocks which led to a broader market selloff on Friday. The concerted slide in stocks, bonds and crypto was the biggest setback in months for the latest leg of the bull market, which traces to the end of March when negotiations began in earnest to end war in Iran. Concern has grown recently about the sustainability of an AI-fueled rally that had pushed the Philadelphia Semiconductor Index toward its best quarter ever.
- Coinbase (COIN) shares fell on Friday trading after Baird named the crypto exchange a new bearish pick due to weak trading volumes. Analyst David Koning sees lower trading volumes and the US crypto market legislation likely not passing until after mid-term elections weighing on Coinbase&rsquo;s valuation.
- Humana (HUM) shares advanced in trading this week, after Morgan Stanley increased its price target on the managed care firm to $249 from $217. The health-care sector broadly climbed on Thursday, in contrast to the tech stock decline.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. 

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Weekly Roundup: Broadcom Sparks Tech Selloff, Coinbase Slips, Humana Advances 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/39e58fad-cd7c-4be2-9033-b460016273ee/transcript