Interest Rate Cuts Gain Momentum After US Jobs Data, Broadcom Shares Rise, Tesla Proposes Historic Compensation Plan, ASML Upgraded to 'Buy' by UBS, and Roblox Positioned for Continued Momentum.

Palantir, Nvidia, Broadcom, Alphabet, and Apple shares were impacted by recent news. Broadcom's Q3 results exceeded expectations, with a new client ordering $10 billion in custom AI chips. Tesla proposed a historic compensation plan for CEO Elon Musk worth around $1 trillion if performance targets are met. ASML was upgraded to "buy" by UBS, citing the company's potential to return to form as a "quality compounder." Roblox Corp is expected to continue momentum with its Roblox Developer's Conference, while Wedbush highlighted AI as the next stage of the revolution, naming companies to benefit through year-end and into 2026.

Broadcom's Q3 Results Exceed Expectations

Broadcom (NASDAQ: AVGO) reported robust third-quarter results, with revenue climbing 22% year over year to $15.95 billion, and adjusted earnings per share (EPS) jumping 36% to $1.69. The company's AI-centric revenue accelerated 63% year over year to $5.2 billion, marking its 10th consecutive quarter of AI-fueled growth. Broadcom also announced a new client ordering $10 billion in custom AI chips, further boosting its backlog to $110 billion. The company raised its fourth-quarter revenue outlook to $17.4 billion, an increase of 24% compared to the prior-year quarter. CEO Hock Tan extended his tenure as CEO until at least 2030 [2].

Nvidia's AI Dominance

Nvidia (NASDAQ: NVDA), the leading provider of data center GPUs, continues to benefit from the AI revolution. The company's stock has soared more than 1,070% since the start of the AI revolution in 2023. Despite recent gains, the stock is currently trading at 27 times next year's expected earnings, making it an attractive investment. Nvidia's market share in the data center GPU market is 92%, and the company is well-positioned to benefit from AI's continued growth [2].

Tesla's Historic Compensation Plan

Tesla (NASDAQ: TSLA) proposed a historic compensation plan for CEO Elon Musk, valued at up to $1 trillion if all milestones are achieved. The 10-year plan ties Musk's payout to both Tesla's market value and operational goals. Musk must meet a $8.5 trillion market cap milestone and deliver 20 million vehicles, 10 million active FSD subscriptions, 1 million AI-powered robots, and 1 million Robotaxis in commercial operation to unlock the full award. The plan will be put to a shareholder vote at Tesla's annual meeting on November 6 [3].

ASML Upgraded to "Buy"

ASML (AMS: ASML), a leading supplier of lithography systems, was upgraded to "buy" by UBS. The analyst firm cited ASML's potential to return to form as a "quality compounder." ASML's stock has been impacted by geopolitical tensions and supply chain disruptions, but the upgrade suggests that the company's fundamentals remain strong [1].

AI as the Next Stage of the Revolution

Wedbush highlighted AI as the next stage of the revolution, naming companies to benefit through year-end and into 2026. The firm expects AI to drive growth in various sectors, including technology, healthcare, and finance. Companies like Nvidia, Broadcom, and others are well-positioned to capitalize on AI's continued growth [1].

Palantir, Alphabet, and Apple Shares Impacted

Recent news also impacted shares of Palantir (NYSE: PLNT), Alphabet (NASDAQ: GOOGL), and Apple (NASDAQ: AAPL). Palantir's stock was little changed after hours, while Alphabet and Apple shares had mixed sessions. The stock market rally had a mixed session, with Google-parent Alphabet gapping up while Apple cleared a buy point [1].

References

[1] https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-google-apple-tesla-nvidia-palantir/
[2] https://finance.yahoo.com/news/broadcom-ceo-hock-tan-just-134633312.html
[3] https://teslanorth.com/2025/09/05/tesla-proposes-1-trillion-compensation-plan-for-elon-musk/