
Stock Movers Closing Bell: Broadcom Rallies, Sable Offshore Higher, Roche Slumps
Mar 5, 2026
Broadcom's push to capture massive AI chip sales and its $100 billion projection. A surge in Sable Offshore shares amid talk of invoking Cold War-era powers to speed permitting. Roche and Zealand's obesity shot misses a high bar, knocking down its ADRs. Market movers include travel, shipping, and data-center chip results that shifted investor sentiment.
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Mizuho Shifts Top Internet Pick To Booking Holdings
- Mizuho moved its top internet pick from Airbnb to Booking Holdings, citing a possible relief rally after reported OpenAI pivot away from native ChatGPT checkout.
- The firm sees reduced disruption risk to online marketplaces if ChatGPT shifts to app-based purchases.
Broadcom Targets $100B In AI Chip Sales
- Broadcom expects AI chip sales to top $100 billion and says it has secured the supply chain to hit that milestone.
- CEO Hock Tan positioned Broadcom as making major inroads into territory dominated by NVIDIA, driving a ~4.8% intraday gain.
Sable Offshore Rally Fueled By Possible Emergency Powers
- Sable Offshore jumped roughly 37% after news the U.S. may invoke Cold War era emergency powers to ease permitting for offshore drilling.
- Romaine Bostick noted the stock is up ~60% over five days and 27% of the float is short, amplifying the rally.
