Cramer's Charitable Trust Sells 40 Broadcom Shares at $486 After 38% Run-Up

3 articles · Updated · CNBC · Jun 2

40 Broadcom shares will be sold shortly after the open at about $486, cutting the trust's stake to 325 shares and its portfolio weighting to 3.75% from roughly 4.2%.
Broadcom jumped about 6% in premarket trading after Alphabet announced an $80 billion equity raise and reaffirmed 2026 capital spending of $180 billion to $190 billion.
That spending outlook matters because Broadcom supplies Google Cloud TPUs and also works with Meta, Anthropic and OpenAI, supporting expectations for a strong earnings report due after Wednesday's close.
The trust said it is trimming an outsized position after Broadcom climbed 38% since its last earnings report, locking in a gain of more than 430% on shares bought in September 2023.

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