Market Dynamics: Filtronic's Decline and Broadcom's Impact on Chip Stocks

On this episode of Stock Movers:

  - Puma and Adidas fall as European athleisure stocks under-perform on Lululemon posting a second straight disappointing quarter, fueling concerns around the impact of rising competition and new tariffs.

 - Filtronic, a components maker who produce modules for SpaceX's Starlink, has been caught in the Musk-Trump crossfire.

 - Broadcom Inc., a chip supplier to companies like Alphabet and Apple, gave a lackluster revenue forecast for the current quarter, suggesting that the AI spending frenzy isn’t as strong as some investors anticipated.

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