Reddit Is Going Absolutely Feral Over AVGO, CIEN, and CRWD Earnings — And the DD Is Actually Good
Three massive earnings reports, one AI supercycle thesis, and Reddit is already writing the victory lap
Ticker Ratings
Reddit's investing communities are locked in on a three-ticker earnings gauntlet that could either validate the AI infrastructure supercycle thesis or send a lot of people back to their day jobs. $AVGO reports June 3rd with EPS expected up 51% and revenue up 47% to $22B — the key swing factor being custom AI chip customer expansion. High-upvote DD threads on r/investing are treating Broadcom's AI revenue guidance like a Rorschach test for the entire semiconductor sector.
Meanwhile, the sleeper pick that's generating serious chatter is $CIEN — Ciena's fiscal Q2 drops June 4th with EPS expected to surge a face-melting 248% and revenue up 34% to $1.5B, all riding AI data center demand for optical gear. And $CRWD rounds out the trio on June 3rd with EPS up 46%, where the Anthropic partnership narrative is doing heavy lifting in the options activity threads.
Three reports. Two days. One thesis. Reddit is holding tickets — the question is whether Wall Street shows up to the same show.