Broadcom earnings, AI's PR problem, Musk takes the stand and more in Morning Squawk

Stock futures are down as the Senate blocks a resolution to pull back from the Iran conflict. The Dow gained over 200 points yesterday, but concerns linger over rising oil prices and their impact on the market.

Broadcom's earnings exceeded expectations, with shares up 6.5% after reporting a potential $100 billion in AI revenue by 2027. This positions the chipmaker as a major player in the AI boom, reflecting strong investor confidence.

Elon Musk testified in court, denying allegations of securities fraud related to his Twitter purchase. His statements highlight the unpredictable nature of social media's impact on stock prices, raising questions about transparency in tech investments.