Payrolls Rose 172,000, the Dow Printed a Record, and Broadcom Closed $418.91 Friday’s Daily Update — twenty-four stories on May payrolls at 172,000, a 51,561.93 Dow record, Broadcom’s 12.6 percent cash dump, and Linux and Android KEV rows due this morning.
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May payrolls printed 172,000 with unemployment still 4.3 percent as Thursday cash sent the Dow to a record and Broadcom’s unchanged AI-chip target punched a hole in the Nasdaq.
BLS: +172,000 jobs in May; unemployment 4.3 percent; leisure +70,000; local government +55,000; finance −22,000; March–April revised +93,000. Thursday cash: Dow 51,561.93 record; S&P 7,584.31; Nasdaq 26,830.96. Broadcom closed $418.91 (−12.6%); Brent $95.03. Alphabet’s common-stock sleeve settled June 4, including the over-allotment; depositary close is still due after this cutoff. Broadcom printed $10.8 billion of AI semis; Hock Tan did not raise the $100 billion 2027 target. Lila closed $350 million; Scispot $8 million. CISA Linux and Android KEV rows are due this morning; Acer Wave 7 still has no patch. Washington announced a Lebanon ceasefire as Iran talks split. ‘The Amazing Digital Circus’ opened Thursday ahead of Backrooms. Campbell named Gibbs the bell cow after Kendrick Law’s torn ACL. Browse past Daily Updates · Permalink for this edition