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Broadcom earnings, SpaceX's IPO price, World Cup worries and more in Morning Squawk
- Futures for the S&P 500 and Nasdaq 100 declined this morning as oil prices surged and Treasuries yields rose.
- Investors monitor geopolitical risk and oil routing through the Strait of Hormuz as part of the Iran war backdrop.
- SpaceX facing investor scrutiny ahead of a potential $75 billion fundraise and a multi-trillion-dollar valuation.
- Broadcom and CrowdStrike reported mixed results, with Broadcom missing revenue expectations but maintaining AI chip demand.
- Two strikes: cybersecurity group CrowdStrike also fell after reporting results and announcing a stock split.
- World Cup health officials warn infectious disease risk remains, with measles, Covid-19, and influenza on watch lists.
- CNBC notes Morning Squawk newsletter highlights notable market calls and leadership changes.
- U.S. stock market momentum shows a nine-week win streak facing renewed scrutiny amid valuation concerns.
- Investors await guidance on AI demand, with Broadcom and other tech names in focus for earnings signals.
- Analysts monitor interest rate levels as the 10-year Treasury nears the 4.5% mark.
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