Raunaq's World

Your week ahead: Broadcom earnings Wednesday, NBA Finals Game 1 tomorrow, Portola tickets on sale today, and a stacked concert calendar across the city.

AVGO Earnings Wednesday Is the Main Event
Semis ripping, META getting punished, SpaceX IPO looming.
Earnings Preview

Broadcom Reports After Close Wednesday

AVGO $459.97 (+3.0%) -- New All-Time High

Street expects $22.1B revenue (+47% YoY) and $2.40 adjusted EPS (+43%). AI-driven custom chip revenue expected $5.3B+ (50%+ growth). This is the last semi giant to report and your thesis catalyst.

Semiconductor

NVDA Surges 6.3% on COMPUTEX Momentum

NVDA $224.36 | Market cap $5.1T

Isaac GR00T reference humanoid, Cosmos 3, and new chip-fab tools lit up sentiment. Jensen's COMPUTEX keynote continues to drive the narrative.

AI Infrastructure

CoreWeave Pops 14% -- GPU Cloud Keeps Running

CRWV $124.82 (+14.0%) | Also reports Wednesday AMC

The AI infrastructure GPU cloud play surged Monday. Joined at the hip with AVGO on Wednesday's earnings calendar.

Mag 7

META Drops 5.1% -- Subscription Pivot Not Landing

META $600.47 | Down 24.6% from $796 high

The AI capex narrative isn't working yet. Still -5.1% YTD as the rotation trade you've been watching plays out.

Watchlist

Semi Snapshot: Everything Green Except ASML (Flat)

TSM $435.63 (+4.1%) | ASML $1,628.57 (+1.0%)

Your tranche targets are all near highs. MSFT +2.3% steady. TSLA -4.6% on OpenAI robotics competition fears. AMZN -3.5%, GOOGL -1.0%, AAPL -1.8%.


Packed June Starts Now
NBA Finals, Diljit at Chase Center, free bluegrass, and concerts every night of the week.
NBA

NBA Finals Game 1: Spurs vs Knicks -- Tomorrow

June 3 | NBC / Peacock

Wemby and the Spurs took down OKC 111-103 in Game 7. WCF MVP Wembanyama faces the Knicks. The Cinderella run continues.

Markets

AVGO + CRWD Earnings Watch -- Wednesday June 3

Both report after market close

Your semi thesis on the line. Broadcom expects $22.1B revenue (+47% YoY). CrowdStrike also reporting -- cybersecurity bellwether.

Festival

Portola Festival Tickets On Sale Today

On sale June 2 | Sept 20-21 @ Pier 80

Robyn, Swedish House Mafia, Tiesto headline. SF's best electronic music festival. portolamusicfestival.com

Concert

Human League + Soft Cell + Alison Moyet -- June 5

June 5 @ The Warfield, 8 PM

Three synth-pop legends on one bill. "Don't You Want Me," "Tainted Love," "Only You" -- all live, one night.

Concert

The Kid LAROI at The Masonic -- June 5

June 5 @ The Masonic

Australian pop-rap star. Friday night energy in one of SF's best rooms.

Free Event

SF Bluegrass Festival at Salesforce Park -- June 6

June 6 | Salesforce Park Rooftop | FREE

Free all-day music festival 70 feet above the city. Bluegrass, old-time, Americana. 11:15 AM to 6 PM.

Concert

Diljit Dosanjh -- Tour Finale at Chase Center

June 20-21 @ Chase Center, 8 PM | Two nights

The biggest Punjabi artist on earth closes the Aura World Tour in SF. $27M+ grossed globally. chasecenter.com

Comedy

Alex Edelman at JCC SF -- June 3

June 3 @ JCC SF, 7 PM

Tony-winning comedian, one night only. His show "Just For Us" about attending a white supremacist meeting is one of the funniest hours in recent memory.


Anthropic Files for IPO, SpaceX Roadshow Next Week
The biggest companies in AI are going public. VC pivots to physical world.
IPO Filing

Anthropic Files for IPO at $965B Valuation

$47B ARR | $65B Series H

The safety-first AI company overtook OpenAI and is going public. Revenue run-rate crossed $47B (up from $9B end of 2025). Samsung, Micron, SK Hynix joined as strategic investors in the Series H.

Mega IPO

SpaceX IPO Roadshow Begins June 8, Listing June 12

~$2T valuation | $75-86B raise | Ticker: SPCX

The largest IPO in history is days away. Nasdaq listing under SPCX. This could drain liquidity from tech -- Barron's warns it tests market stability.

VC Shift

VC Pivots to Hardware as AI Threatens Software

WSJ report

Paradigm invested in a sheet metal company. VC firms that specialized in SaaS and fintech are moving into the physical world -- robots, defense, manufacturing.


NVIDIA Drops Reference Humanoid, OpenAI Enters the Race
COMPUTEX shook the field. Every major player is now building robots.
Hardware Launch

NVIDIA Isaac GR00T Reference Humanoid

COMPUTEX 2026 | Unitree H2 Plus + Sharpa hands + Jetson Thor Blackwell

A full-stack, open humanoid design. Unitree chassis (6ft, 150lb), Sharpa dexterous hands, Jetson Thor Blackwell compute. The strategy: sell the brains, let everyone else build the body. NVIDIA as the Android of robots.

New Entrant

OpenAI Is Hiring for Robotics

Direct Tesla collision course

Sam Altman signals a physical AI push as OpenAI builds a robot team. Placing them in direct competition with Tesla Optimus.

Production

Tesla Converts Fremont Line to Optimus Production

Model S/X line retired for robots

Musk killed two car models to make robots instead. That's conviction. 1X Technologies also opened a 58K sqft factory targeting 10K humanoid units/year at $20K each.


June 5 Is Stacked
Death Cab, Modest Mouse, Vince Staples, Lizzo all drop Thursday.
Album Drop

Death Cab for Cutie -- I Built You a Tower

June 5 | Anti- Records

The indie veterans return. If you grew up on Transatlanticism and Plans, this one's for you.

Album Drop

Modest Mouse -- An Eraser and a Maze

June 5

Isaac Brock's crew drops the same day as Death Cab. A good week to be an early-2000s indie rock fan.

Hip-Hop

Vince Staples -- Cry Baby

June 5 | Section Eight Arthouse / Loma Vista

Long Beach's sharpest rapper returns. One of the most consistently interesting voices in hip-hop.

Upcoming

The Strokes -- Reality Awaits

June 26

The most anticipated indie rock album of the summer. Garage rock revival meets whatever the Strokes feel like doing now.


Season Done, Transfer Window Heating Up
3rd place locked, Bruno wins PL POTS, Ederson deal nearly done.
Season Review

Bruno Wins PL Player of the Season

21 assists -- all-time PL record broken

Bruno Fernandes broke Henry and De Bruyne's assists record with 21. Created 132 chances. It wasn't even close. Carrick's turnaround: 3rd place, 71 pts, Champions League secured.

Transfer

Ederson Deal Nearly Done

~GBP 38m from Atalanta | Fabrizio confirmed

Fabrizio Romano says it's happening barring a major twist. Brazilian midfielder set to be the first signing of the summer.

Transfer

Mateus Fernandes Is Target #2 After West Ham's Relegation

GBP 40-80m valuation gap

West Ham got relegated and their assets are up for grabs. United want him at GBP 40m, West Ham asking GBP 80m. Also tracking Mateta from Palace and midfield targets Anderson, Tonali, Baleba.