Nasdaq 100 Stocks SEC Filings — June 03, 2026

USA NASDAQ-100

By Gunpowder Editorial ·

5 high priority 4 medium priority 9 total filings analysed

Executive Summary

This batch of 9 filings from NASDAQ-100 constituents and related entities reveals a stark divergence between AI-driven growth and traditional value drivers. Broadcom's record Q2 results, with AI semiconductor revenue surging 143% YoY, underscore the dominant theme of AI infrastructure investment, while Costco's steady 11.6% revenue growth and 15.2% net income increase highlight resilient consumer spending.

However, the filings also signal caution: Pineapple Financial's auditor resignation and going-concern warning, along with the Texas Precious Metals Trust's IPO risks, point to pockets of distress and speculative capital raising. Insider activity is notably absent across most filings, reducing one key signal source. Capital allocation trends show Broadcom aggressively returning cash via dividends and buybacks, while Costco maintains its conservative model. The forward-looking data is mixed, with Broadcom guiding Q3 revenue up 84% YoY, but Intuitive Machines' $500M ATM offering and Cottonwood's slow preferred stock placement suggest dilution risk. Overall, the portfolio is bifurcated between high-growth AI beneficiaries and defensive stalwarts, with limited cross-sector themes.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: 8-K · 10-Q · S-1

Tracking the trend? Catch up on the prior Nasdaq 100 Stocks SEC Filings digest from June 02, 2026.

Investment Signals (10)

  • Broadcom (BULLISH)

    Record Q2 FY2026 revenue of $22.2B (+48% YoY), AI semi revenue $10.8B (+143% YoY), non-GAAP EPS $2.44 (+54% YoY), Q3 guidance $29.4B (+84% YoY) with stable 67% operating margin

  • Costco (BULLISH)

    12-week revenue $70.5B (+11.6% YoY), net income $2.19B (+15.2% YoY), diluted EPS $4.93 (+15.2% YoY), operating cash flow $11.1B (+17.6% YoY)

  • Broadcom (BULLISH)

    GAAP net income $9.3B (+88% YoY) and cash from ops $10.5B (+60% YoY) show exceptional profitability and cash generation

  • Costco (BULLISH)

    36-week EPS $14.01 (+13.5% YoY) and operating income $2.8B (+11.3% YoY) demonstrate consistent compounding

  • Broadcom (BEARISH)

    Infrastructure software revenue grew only 9% YoY vs semi 79% growth, highlighting a lagging segment that may weigh on overall growth if AI capex slows

  • Auditor resignation with going-concern doubts in last two fiscal years, new digital asset strategy adds execution risk

  • $500M ATM offering (3% commission) could dilute existing shareholders significantly if fully utilized

  • Sponsor fee 0.24% of NAV is low, but 28% max tax rate on gains and gold price volatility are headwinds

  • Sponsor fee 0.39% of NAV is higher than gold trust, silver price volatility and benchmark discrepancies add risk

  • Comcast (NEUTRAL)

    Filing with no financial data or material events suggests a quiet period, but lack of disclosure may hide underlying issues

Risk Flags (9)

Opportunities (8)

  • AI semi revenue $10.8B (+143% YoY) driving record results, Q3 guidance $29.4B (+84% YoY) suggests continued acceleration; non-GAAP operating margin stable at 67%

  • 12-week revenue +11.6% YoY, net income +15.2% YoY, operating cash flow +17.6% YoY; membership fee growth provides recurring revenue stream

  • Low-cost (0.24% fee) way to gain physical gold exposure with U.S. vaulting, appealing during inflation/geopolitical uncertainty

  • First pure-play physical silver trust IPO on Nasdaq (YSAG), could attract precious metals investors seeking diversification

  • Cash from ops $10.5B (+60% YoY) provides ample capacity for dividends, buybacks, and M&A; GAAP net income $9.3B (+88% YoY)

  • Operating income grew 11.3% vs revenue 11.6%, showing stable margins; 36-week net income +13.5% outpacing revenue +9.7%

  • ATM offering provides capital for growth in lunar services; if successful, could capture first-mover advantage in emerging space economy

  • Series 2025 Preferred at $10/share with potential yield; if demand picks up, could offer attractive income for accredited investors

Sector Themes (6)

  • AI Infrastructure Dominance (SECTOR THEME)

    Broadcom's 143% YoY AI semi growth and 48% total revenue increase highlight the massive capex cycle in AI, with Q3 guidance suggesting acceleration to 84% YoY growth

  • Consumer Staples Resilience (SECTOR THEME)

    Costco's 11.6% revenue growth and 15.2% net income increase demonstrate consumer spending resilience despite macro headwinds, with membership model providing stability

  • Capital Raising in Growth Sectors (SECTOR THEME)

    Intuitive Machines ($500M ATM) and Texas Precious Metals Trust (dual IPOs) show active capital formation in space and precious metals, though dilution risk is high

  • Distress Signals in Small Caps (SECTOR THEME)

    Pineapple Financial's auditor resignation and going-concern warning contrast with large-cap strength, highlighting bifurcation in market health

  • Physical Asset Backing Trend (SECTOR THEME)

    Texas Precious Metals Trust's gold and silver IPOs reflect growing investor demand for tangible assets as inflation hedge, with low-cost structures (0.24-0.39% fees)

  • Software vs. Hardware Divergence (SECTOR THEME)

    Broadcom's infrastructure software growth (9% YoY) lags semiconductor (79% YoY), suggesting AI benefits are concentrated in hardware, not software, for now

Watch List (8)

Filing Analyses (9)
Blackstone Multi-Strategy Hedge Fund L.P. 8-K neutral materiality 5/10

03-06-2026

On May 28, 2026, Blackstone Multi-Strategy Hedge Fund L.P. and its affiliate entered into a Dealer Manager Agreement with Blackstone Securities Partners L.P. to engage third-party brokers for distribution of units and shares. The Dealer Manager will receive a servicing fee of up to 0.85% of net asset value per annum, which may be reallowed to participating brokers. The agreement includes standard representations and warranties.

  • · The Dealer Manager Agreement was entered into on May 28, 2026, and filed on June 3, 2026.
  • · The agreement includes a Form of Selected Dealer Agreement as Exhibit A.
  • · The registrant is an emerging growth company.
Broadcom Inc. 8-K positive materiality 9/10

03-06-2026

Broadcom Inc. reported record Q2 FY2026 revenue of $22,187 million, up 48% YoY, driven by AI semiconductor revenue surging 143% YoY to $10.8 billion. GAAP net income rose 88% YoY to $9,310 million, and non-GAAP net income increased 55% to $12,074 million. However, infrastructure software revenue grew only 9% YoY, significantly lagging the semiconductor segment's 79% growth, and the company guided Q3 FY2026 revenue of approximately $29.4 billion (up 84% YoY) with non-GAAP operating margin stable at 67%.

  • · GAAP diluted EPS was $1.91 in Q2 FY2026, up 85% from $1.03 in Q2 FY2025.
  • · Non-GAAP diluted EPS was $2.44 in Q2 FY2026, up 54% from $1.58 in Q2 FY2025.
  • · Cash from operations was $10,493 million in Q2 FY2026, up 60% from $6,555 million in Q2 FY2025.
  • · Capital expenditures were $231 million in Q2 FY2026.
  • · The company paid a cash dividend of $0.65 per share on March 31, 2026, totaling $3,092 million.
  • · The next quarterly dividend of $0.65 per share is payable on June 30, 2026 to stockholders of record on June 22, 2026.
  • · Q3 FY2026 non-GAAP operating income guidance is approximately 67% of projected revenue.
  • · Q3 FY2026 adjusted EBITDA guidance is approximately 68% of projected revenue.
  • · The company is not readily able to provide a reconciliation of projected non-GAAP measures to GAAP without unreasonable effort.
  • · Stock-based compensation expense was $2,092 million in Q2 FY2026, up from $1,771 million in Q2 FY2025.
  • · Infrastructure software revenue grew only 9% YoY, significantly underperforming the semiconductor segment's 79% growth.
COSTCO WHOLESALE CORP /NEW 10-Q positive materiality 8/10

03-06-2026

Costco reported strong financial results for the 12 and 36 weeks ended May 10, 2026, with total revenue increasing 11.6% to $70.5 billion (12-week) and 9.7% to $207.4 billion (36-week) year-over-year. Net income grew 15.2% to $2.19 billion (12-week) and 13.5% to $6.23 billion (36-week), driven by higher net sales and membership fee growth. However, comprehensive income for the 12-week period fell 4.0% to $2.14 billion due to a $52 million foreign-currency translation loss, while operating cash flow increased 17.6% to $11.13 billion.

  • · Diluted EPS for 12-week period rose to $4.93 from $4.28 YoY (up 15.2%)
  • · Diluted EPS for 36-week period increased to $14.01 from $12.34 YoY (up 13.5%)
  • · Operating income for 12-weeks: $2,815M vs $2,530M prior year (up 11.3%)
  • · Operating income for 36-weeks: $7,884M vs $7,042M prior year (up 12.0%)
  • · Interest income and other, net grew to $155M (12-week) from $85M prior year (+82.4%)
  • · Interest expense decreased slightly from $35M to $32M (12-week)
  • · Cash dividend declared for the quarter: $652M, up from $577M in prior-year period
  • · Repurchases of common stock: $603M (36-week) vs $623M prior year
  • · Capital expenditures (additions to PP&E) increased to $4,228M from $3,532M (19.7% increase)
  • · Total assets grew to $86.4B from $77.1B (up 12.1% since August 31, 2025)
Texas Precious Metals Trust S-1/A mixed materiality 8/10

03-06-2026

Texas Precious Metals Trust filed an S-1/A registration statement for an IPO of shares (symbol 'YSAU') that will track the LBMA Gold Price PM, backed by physical gold held in U.S. vaults. The Sponsor's Fee is 0.24% of net asset value, and the Trust qualifies as an emerging growth company opting out of extended transition periods. However, the filing highlights significant risks including gold price fluctuations, potential losses regardless of holding period, and tax treatment of gains at a maximum 28% rate for certain investors.

  • · The Trust is a Delaware statutory trust with a national banking association as Trustee.
  • · Physical gold is held at two vault locations: Shiner, Texas (primary) and Hempstead, New York (satellite); during volatility, over 25% may be held in Hempstead.
  • · The Fund does not engage in active trading or use derivatives; it holds only physical gold.
  • · The Trust is opting out of the extended transition period for new accounting standards, making the decision irrevocable.
  • · The minimum creation/redemption order is generally one Basket (10,000 Shares), but the Sponsor may temporarily increase it to up to four Baskets.
  • · The Fund's net asset value is determined using the LBMA Gold Price PM, with a fallback to the most recent LBMA Gold Price if the PM price is unavailable by 4:00 PM EST.
Texas Precious Metals Trust S-1/A neutral materiality 8/10

03-06-2026

Texas Precious Metals Trust filed an S-1/A registration statement with the SEC on June 3, 2026, for an IPO of shares (symbol YSAG) that track the price of silver bullion. The Trust will hold physical silver at vaults in Shiner, Texas and Hempstead, New York, with a Sponsor's Fee of 0.39% of net asset value. The Trust is an emerging growth company that has opted out of extended transition periods for new accounting standards, but faces risks including silver price fluctuations, taxable events for investors, and potential discrepancies in the LBMA Silver Price benchmark.

  • · The Trust is a Delaware statutory trust with a national banking association as Trustee.
  • · The Custodian (TPMD) holds physical silver at Shiner, Texas (primary) and Hempstead, New York (satellite) vaults; during high volatility, more than 25% may be held at Hempstead.
  • · The Fund's physical silver is segregated and not co-mingled with non-Fund metal.
  • · The Trust is an emerging growth company that has irrevocably opted out of the extended transition period for new accounting standards.
  • · The Sponsor's Fee of 0.39% covers ordinary administrative and marketing expenses.
  • · The minimum creation/redemption order is generally one Basket (10,000 Shares), but the Sponsor may temporarily increase it to up to four Baskets.
  • · The initial Physical Silver deposit for creation is 10,000 Troy Ounces per Basket.
  • · Shares are listed on the Exchange under symbol YSAG with CUSIP 882664204.
  • · The Fund does not actively trade silver; it only holds physical silver and does not use derivatives.
  • · All physical silver is held within the United States.
  • · The Fund's net asset value is calculated using the LBMA Silver Price as of 12:00 PM London time, determined daily by IBA.
  • · The Administrator values physical silver based on the LBMA Silver Price and calculates NAV after 4:00 PM EST on trading days.
  • · The Trust is subject to periodic audits of physical silver holdings.
  • · The Custodian has sole discretion over movement of silver among vault facilities, subject to operational and regulatory factors.
  • · The Fund's cash custodian is U.S. Bank National Association.
Intuitive Machines, Inc. 8-K neutral materiality 7/10

03-06-2026

Intuitive Machines, Inc. entered into a Sales Agreement with multiple agents to sell up to $500.0 million of its Class A common stock through an at-the-market offering, effective June 2, 2026. The agreement includes a 3.0% commission to agents and customary representations and indemnification. No prior-period comparison is available as this is a new agreement.

  • · The Registration Statement (File No. 333-296442) became effective on June 2, 2026.
  • · The Sales Agreement includes indemnification obligations for both the Company and the Agents.
  • · The Company agreed to reimburse certain expenses incurred by the Agents in connection with the Sales Agreement.
  • · The offering is made only by means of the Prospectus filed with the SEC on June 2, 2026.
Cottonwood Communities, Inc. 8-K neutral materiality 5/10

03-06-2026

Cottonwood Communities, Inc. disclosed the issuance and sale of 366,016 shares of Series 2025 Preferred Stock from May 18 to June 2, 2026, generating aggregate proceeds of $3,637,500 in a private placement offering exempt under Rule 506(b). The company paid $196,950 in selling commissions and $115,540 in placement fees, bringing total outstanding Series 2025 Preferred Stock to 11,680,749 shares as of June 2, 2026. The offering, launched December 9, 2024, has a maximum of $150,000,000 in shares, indicating significant remaining capacity.

  • · The offering is conducted as a best-efforts private placement under Rule 506(b) of Regulation D, exclusively to accredited investors without general solicitation.
  • · The Series 2025 Preferred Stock purchase price is $10.00 per share, with discounts available to certain categories of purchasers.
  • · The offering was launched on December 9, 2024, and has a maximum of $150,000,000 in shares.
  • · As of June 2, 2026, total outstanding shares of Series 2025 Preferred Stock were 11,680,749.
Pineapple Financial Inc. 8-K negative materiality 7/10

03-06-2026

Pineapple Financial Inc. (PAPL) disclosed the resignation of its independent auditor MNP LLP effective June 1, 2026, and the appointment of Davidson & Company LLP as its new auditor. The company also announced the approval of a Management Services and Advisory Agreement with Innovating Capital Management, LLC to oversee its digital asset treasury strategy, along with a new Treasury Reserve Policy. Notably, MNP's audit reports for fiscal years 2024 and 2025 included an explanatory paragraph about substantial doubt regarding the company's ability to continue as a going concern.

  • · MNP's audit reports for fiscal years ended August 31, 2025 and August 31, 2024 included an explanatory paragraph relating to substantial doubt about the Company's ability to continue as a going concern.
  • · There were no disagreements or reportable events between the Company and MNP during the relevant periods.
  • · The Company had not consulted Davidson & Co. prior to its appointment regarding any accounting or auditing matters.
  • · The Management Services and Advisory Agreement with Innovating Capital Management, LLC has an initial term of one year, subject to automatic renewal, and may be terminated by either party upon 30 days' notice.
  • · The Treasury Reserve Policy was approved effective May 31, 2026.
COMCAST CORP 8-K neutral materiality 1/10

03-06-2026

Comcast Corporation filed an 8-K on June 3, 2026, attaching a press release (Exhibit 99.1) as an other event. The filing does not disclose any financial results, material transactions, or period-over-period comparisons, and no quantitative data or performance metrics are provided.

  • · The press release is dated June 3, 2026, and is incorporated by reference.
  • · The filing covers securities registered under Section 12(b), including Class A Common Stock (CMCSA) and various notes and debentures listed on Nasdaq and NYSE.

Get daily alerts with 10 investment signals, 9 risk alerts, 8 opportunities and full AI analysis of all 9 filings

$30/mo after a 14-day free trial — no credit card required. See pricing or explore intelligence streams.

More from: Nasdaq 100 Stocks SEC Filings

🇺🇸 More from United States

View all →