TechFlow News: On June 2, U.S. stock indices hit new highs, but technology sector performance was mixed—space, crypto, and defense stocks faced pressure, while AI-related and Chinese ADR stocks rose against the trend. This week features a密集 release of earnings reports from major tech companies, with Palo Alto Networks (PANW), Broadcom (AVGO), and CrowdStrike (CRWD) set to announce their latest quarterly results and hold earnings calls. PANW will release its earnings after market close on June 2; its stock price has risen nearly 6% to $298.43. CRWD will report earnings after market close on June 3, with its share price hitting a 52-week high of $782.17. AVGO will also release its earnings after market close on June 3; its stock rose over 3% on Monday, and options markets anticipate post-earnings volatility exceeding 10%. WEEX Labs notes that overall valuations for tech stocks continue rising, and market focus is now centered on whether AI growth expectations materialize and whether corporate earnings guidance proves accurate—earnings outcomes are likely to persistently influence risk sentiment in the tech sector.
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