Kiplinger56d agobearish
Dow Falls as Fed Chair Warsh Speaks of Price Stability: Stock Market TodayStocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.
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Investor's Business Daily57d agoneutral
Dow Jones Hits High, SpaceX Keeps Rising, But AI Stocks Skid; Warsh's Fed Debut On TapThe Dow Jones hit a new high and SpaceX kept rising. But chips and most AI stocks fell. Fed chief Kevin Warsh's comments will be in focus Wednesday.
Reuters57d agoneutral
Amazon may face penalties from potential FTC ad suit, Bloomberg News reportsAmazon.com may face a U.S. Federal Trade Commission lawsuit that could result in civil penalties, following allegations that the e-commerce giant misled advertisers, Bloomberg News reported on Tuesday. The FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, citing people familiar with the matter. The agency has been investigating whether Amazon and Alphabet's Google misled advertisers that place ads on their websites, Reuters reported last year.
24/7 Wall St.57d agoneutral
Who Is The World’s Second Richest Person?After SpaceX’s (NASDAQ: SPCX) IPO, Elon Musk’s net worth rose to $1.27 billion, making him the first trillionaire in world history (at least as far as most people know, based on inflation-adjusted dollars). His net worth has risen to $653 billion this year. That increase alone is larger than the net worth of the second-richest ... Who Is The World’s Second Richest Person?
Barrons.com59d agoneutral
Markets Get an Iran Peace Boost. Forget a Return to the Pre-War World.Trump declares Hormuz strait open, what to expect at Warsh’s first Fed meeting, where SpaceX stock goes from here, and more news to start your day.
MT Newswires61d agoneutral
S&P 500 Posts Weekly Gain Amid Heightened Iran Deal Expectations, Dovish Inflation PrintsThe Standard & Poor's 500 index rose 0.7% this week as the US edged closer to signing a peace deal w
Trefis61d agoneutral
The Tariff Threat To Apple Stock Vanished. Its Replacement Is A Bigger Worry.Management has gone quiet on the geopolitical cost pressures that once dominated its calls, but the new, unquantified component headwind they're flagging instead could pose a more direct threat to record profits.
24/7 Wall St.64d agoneutral
Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private InfrastructureApple (NASDAQ:AAPL), the most vertically integrated company in tech, is turning to Nvidia and Google Cloud to power its most advanced AI workloads. According to CNBC’s MacKenzie Sigalos, Apple software chief Craig Federighi confirmed that the company’s new frontier language model, FM Cloud Pro, will run on Nvidia GPUs hosted in Google Cloud for agentic ... Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure
Reuters Videos65d agoneutralVIDEO
S&P 500, Nasdaq end up as chipmakers rebound<body><p>STORY: U.S. stocks ended mostly higher Monday boosted by shares of chip companies.</p><p>While the Dow fell slightly, the S&P 500 added three tenths of one percent and the Nasdaq climbed about nine tenths.</p><p>:: Intel</p><p>Intel shares jumped 11% after news website The Information reported that Alphabet's Google had placed an order to manufacture more than 3 million tensor processing units in 2028.</p><p>:: Marvell Technology</p><p>And shares of Marvell Tech rose 9.5% after S&P announced that the company would be added to the S&P 500 index later this month.</p><p>Also, Iran and Israel said they had halted attacks on each other.</p><p>This came after an appeal from U.S. President Donald Trump that they immediately "stop shooting." </p><p>The attacks over 24 hours were the most direct confrontation between Iran and Israel since an April ceasefire in the war.</p><p>Justin Livengood, senior portfolio manager with Invesco, says he thinks regardless of when there is an end to the conflict in the Middle East, energy prices could stay higher, which could lead the Federal Reserve to raise interest rates.</p><p>“Inflation's been drifting up in general the last six to nine months, not just for oil prices but even for core elements. And that's a concern. I think that concern persists as oil and natural gas prices linger higher. And the longer that persists, the more likely we are to have a Fed feel they need to raise rates late this year. I certainly feel that right now the base case for the Fed is a hike, not a cut, as their next move. And I think with each week and month that this Middle East conflict continues. The odds of that hike get pulled forward.” </p><p>:: Apple</p><p>Other stocks on the move included Apple which dropped almost 2% after announcing a Siri revamp at its annual Worldwide Developers Conference.</p><p>:: AWS</p><p>And shares of Corning gained 5.5% after Amazon announced a multi-year multi-billion-dollar deal to buy the company's optical fiber and cables for its data centers. </p></body>
Financial Post65d agoneutral
News of the day: Hidden housing bottleneck, unlocking North America's potential, bond market warnings, new U.K. rules for Google AI, economists on jobs report and moreCatch up on the stories we’re following today
Barrons.com66d agoneutral
Wall Street’s ‘Fear Gauge’ Leaps. What’s Weighing Hard on the Stock Market.Stock market investors could be facing a specter they haven’t had to navigate since early April, when the bull market in tech caught fire and powered domestic indices out of their early year torpor and tensions between Washington and Tehran simmered into a fragile truce effort. The two-day surge in volatility follows a series of events that have tested the strength of the current tech market wave, pushed the Federal Reserve into a challenging position of moving toward rate hikes while defying President Donald Trump’s public call for easier policy, and unsettled investors hoping for an extended cease-fire agreement between the U.S. and Iran. “At the same time, growing expectations of Fed tightening have caught an investor base overweight equities and overweight emerging markets,” said ING’s Chris Turner, the bank’s global head of markets.
Barchart66d agobearish
SpaceX IPO, CPI Report and Other Can't Miss Items this WeekMarkets face a pivotal week marked by a significant structural shift away from richly valued AI and technology stocks toward lagging sectors, evident in Friday's steep Nasdaq and S&P 500 plunges that signal investor rotation and risk reassessment.
TheStreet67d agoneutral
Google targets costly problem for Android usersAmericans are losing more money to scams, and fraudsters are getting better at making their messages look and sound familiar. In 2025, the Federal Trade Commission received 3 million fraud reports from consumers, who reported $15.9 billion in losses. That was a sharp increase from the ...
Investing.com68d agoneutral
Is Wall Street’s AI boom spreading to main Street?Investing.com -- Yardeni Research said growing evidence suggests the artificial intelligence boom is extending beyond major technology companies and into the broader U.S. economy, supporting hiring, business formation, and investment despite ongoing geopolitical and inflation risks.
Investor's Business Daily69d agobearish
Dow Jones Hits High, AI Stocks Shrug Off Broadcom, Ciena Sell-Offs; Jobs Report LoomsDow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. The May jobs report is on tap before Friday's open. The stock market saw the Dow Jones jump to a record high, aided by lower oil prices and Treasury yields.
Reuters70d agoneutral
US FCC plans tighter rules that will help US firms in undersea internet cable marketBy David Shepardson WASHINGTON, June 3 (Reuters) - The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle 99% of
Reuters Videos71d agoneutralVIDEO
Trump asks US AI firms to submit models for cybersecurity tests<body><p>STORY: The Trump administration is asking top AI companies to submit their most powerful models for cybersecurity testing.</p><p>The testing would be voluntary and happen before the models are released to the public.</p><p>This comes as security fears mount in Washington over powerful new AI systems such as Anthropic's Mythos.</p><p>:: Archive</p><p>President Trump signed an executive order directing several federal agencies to reach agreement with developers over such tests.</p><p>Under the order, U.S. agencies will have up to 30 days to test the models before public release.</p><p>The move signals a shift in Trump’s AI strategy, from a fully hands-off approach to more active government oversight on national security risks.</p><p>Google, Anthropic and OpenAI have welcomed the order.</p><p>:: Archive</p><p>OpenAI CEO Sam Altman said it “gets the balance right” by developing the best models while keeping them safe and strengthening cyber defenses.</p><p>The order also aims to protect critical infrastructure such as banks, hospitals and emergency services by scanning for cybersecurity weaknesses.</p></body>
Bloomberg71d agoneutral
SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says(Bloomberg) -- SpaceX aims to sell 555.6 million shares at $135 apiece for its record-breaking $75 billion initial public offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr
Bloomberg71d agoneutral
Broadcom Backing Lowers Debt Costs on $36 Billion Anthropic Deal(Bloomberg) -- Broadcom Inc.’s promise to backstop the largest portion of a record-setting microchip financing deal for Anthropic is keeping yields for the deal in check, according to people familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise
Investor's Business Daily71d agobearish
Dow Jones Futures: These Sectors Lead Market, Google Tests Support; Palo Alto Jumps Late On EarningsThe stock market hit new highs amid a win streak. AI and metals led while Google tested support. Palo Alto jumped late on earnings.
Yahoo Finance Video71d agoneutralVIDEO
Trump signs executive order scaling back AI review requirementsYahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading and trending tech stories, including President Trump's executive order to scale back review requirements for AI model developers when they submit them to the federal government for assessment.
Bloomberg71d agoneutral
Trump Signs Order on AI Security, Stops Short of Mandatory Tests(Bloomberg) -- President Donald Trump signed a long-awaited executive order directing US agencies to work with artificial intelligence companies to protect networks from AI-enabled cyber attacks. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz
The Wall Street Journal71d agoneutral
How Google’s $80 Billion Equity Plan Compares to the Biggest EverThe gargantuan funding requirements of developing artificial intelligence has already set records for the funding rounds in private markets. Now the list of largest-ever equity issues on the stock market is set to be rewritten too. The largest component of Alphabet’s proposed $80 billion equity issue—$40 billion, to be sold into the market—will be roughly on par with the size of Saudi oil giant Aramco’s 2019 initial public offering, adjusted for inflation.
Moneywise72d agoneutral
Google's parent company wants to set loose 32 million lab-bred mosquitoes in America — and time is running out to objectAlphabet is seeking federal approval to release up to 32 million treated mosquitoes across California and Florida to curb the spread of mosquito-borne diseases. Here’s why — and what to consider.
Bloomberg72d agoneutral
McDonald's Wants to Feel More Upscale With Wings, Restaurant Remodels(Bloomberg) -- McDonald’s Corp. is betting on everything from fancier chicken to new playgrounds as part of a campaign to make fast food feel less like fast food.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin War Spending Is UnaffordableStocks Up as Trump Cites Rapid Pace in Iran Talks: Markets Wra
Quartz75d agoneutral
Tesla Texas robotaxi fleet dwarfed by Waymo in new filingsNew Texas DMV registration data reveals Tesla has just 42 autonomous vehicles in the state, versus 577 for Alphabet's Waymo
Reuters Videos76d agoneutralVIDEO
Dell shares rocket on bullish forecast for AI demand<body><p>STORY: :: Dell</p><p>Dell shares rocketed higher in after-hours trade Thursday, jumping around 39%.</p><p>The surge came after the computer maker lifted revenue and profit expectations.</p><p>Dell says it is seeing soaring demand for AI-optimized servers used in data centers.</p><p>It’s benefiting as tech giants like Alphabet and Amazon plan to spend over $700 billion on AI-related infrastructure this year.</p><p>Dell now expects annual revenue of up to $169 billion - way up on the previous forecast of up to $142 billion.</p><p>AI server revenue is expected to hit $60 billion for fiscal 2027, $10 billion up on previous expectations.</p><p>The company has been adjusting prices constantly as strong global demand causes the cost of memory chips to soar.</p><p>:: Dell</p><p>On a call with analysts, Chief Operating Officer Jeff Clarke said he knew customers were feeling the pain.</p><p>But he said there was little sign of inflationary pressure easing.</p><p>One analyst told Reuters that Dell looked well placed to cope with the chip shortage, helped by its scale and strong relationships with suppliers.</p></body>
decrypt76d agoneutral
Google Engineer Charged Over $2.75 Million in Alleged Polymarket Insider Trading BetsThe Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.