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Mantle Q1 2026 DeFi TVL grew by 282.7% to 648 million USD, with Aave V3 expanding from zero to 547 million USD. RWA TVL increased by 27.4% to 248 million USD, mainly driven by the launch of Maple's syrupUSDT and xStocks. Mantle Vault TVL reached 221 million USD in the first quarter. Mantle Treasury decreased by 25.1% to 2.4 billion USD, and through a 127 million USD MI4 position, reduced MNT concentration from 94.3% to 90%. 87% of activity came from returning addresses, with average transactions per address rising from 8.4 to 14.7.

Odaily reports that Broadcom (AVGO) has released its latest financial results, leading to a clear divergence of views in the investor community regarding the company's future trajectory. Several bullish commentators believe that the company's AI business—especially its network infrastructure segment—is still undergoing rapid expansion. On the other hand, some bearish perspectives are concerned that the current level of profit margin will be difficult to maintain over the long term and argue that there is a lack of new short-term catalysts for the stock price. Many investors and analysts generally believe that Broadcom’s dominance in AI infrastructure—particularly in network chips and custom chips—remains solid. They view the recent share price correction as the market “nitpicking.” 1. Unprecedented order visibility stretching to 2028: @aleabitoreddit cited management’s statements in the earnings call, saying AI networking business demand is “almost impossible to meet” and that customer order sizes are huge—with order visibility now extending out to 2028. Based on this, they believe Broadcom is benefiting from an ongoing cycle of AI network infrastructure expansion, especially in AI Networking, and that the company’s growth prospects remain optimistic for the next few years. 2. Strong data backing, high-growth thesis unchanged: Addressing market concerns, qinbafrank presented core data to refute them: Broadcom’s projected total revenue for the third quarter is about $29.4 billion, significantly higher than the previous market expectation of $28.61 billion. In their view, whether in the AI semiconductor business or in total revenue, the company is in a phase of absolute high-speed growth. The current adjustment is only because revenue recognition is slower than some capital’s overly aggressive expectations—Broadcom’s core business logic remains completely intact. 3. Valuation pullback creates a “golden pit,” funds buying the dip with leverage: In terms of trading strategy, most bulls show a highly unified “buy the dip” attitude. Analyst Chuanmu notes that as the share price falls, Broadcom’s dynamic P/E ratio has fallen to around 20x. If one annualises Q4 profits and includes 50% growth, its forward P/E may even compress to around 10x, making the valuation very attractive. He revealed he had bought the dip around 60 and used 2x leveraged long positions. Investor nft_hu also made it clear he welcomes this correction, stating “I hope the pullback gets bigger, I’ll look for a good opportunity to add more.” Bearish side: 60% profit margin may have peaked, short-term lacks major positive catalysts 1. Questions about custom design moat; super high profits may be hard to sustain: Industry analyst jukan05 points out that Broadcom’s current profit margin of about 60% is already near the level of industry leaders like NVIDIA, but questions whether the company’s design capabilities constitute an irreplaceable competitive moat. Using the Google TPU project as an example, he notes that custom AI chips have been proven to succeed, so in the future large technology customers could gradually strengthen their independent design capabilities—thus weakening Broadcom’s bargaining power. Based on this, he doubts whether such high profit margins can be maintained long-term, and is cautious about current valuations. 2. Short-term catalyst vacuum, technicals facing downward pressure: Regarding the short-term outlook, trader labubu_trader gave a specific forecast based on capital flows and technical indicators. He expressed a bearish attitude towards AVGO in the short term, arguing that after the market digests the earnings report and before the next major positive catalyst appears, the stock price will lack upward momentum—so it’s highly likely to retrace all the way down to the $385–$400 range.

(1) The U.S. Department of Labor announced on Thursday that, for the week ending May 30, the number of first-time unemployment benefit claims increased by 13,000 to 225,000—the highest level since the outbreak of the Iran war in early February. Institutional survey analysts had expected only 211,000. (2) Although the U.S. added 115,000 jobs in April, exceeding expectations and the unemployment rate remained at a low 4.3%, the labor market has entered what economists call a "low hiring, low firing" stalemate, with many unemployed people struggling to find new jobs. (3) The Strait of Hormuz remains closed, and since the outbreak of the Iran war at the end of February, international oil prices have soared by approximately 50%. The average U.S. gasoline price increased from under $3 at the end of February to $4.24 per gallon, with consumer-level inflation rising by 3.8% year-on-year—the largest increase in three years. (4) U.S. wholesale prices have surged by 6% year-on-year, the highest level in more than three years. Inflation is now above the Federal Reserve's 2% target. The Fed kept the benchmark interest rate unchanged at its last meeting, and most analysts predict no rate cuts in the short term, with some policymakers even considering rate hikes within the year. (5) Recent companies laying off employees include Verizon, United Parcel Service, Amazon, Disney, Starbucks, and Walmart. Combined with market concerns triggered by Trump's tariff comments and the impact of federal government layoffs, U.S. employers added fewer than 200,000 new jobs last year, far below about 1.5 million in 2024.