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European stock markets closed higher in Tuesday trading as the Stoxx Europe rose 0.6%, Germany's DAX

The artificial intelligence boom has survived just about everything investors have thrown at it. Concerns over China, export restrictions, sky-high valuations, and even recession fears have failed to derail a rally that has added trillions of dollars in market value to companies like Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Broadcom (NASDAQ:AVGO), and Meta Platforms (NASDAQ:META). Yet there ... Only One Man Can Kill the AI Boom: Fed Chair Kevin Warsh

On a recent Rich Habits Podcast segment, market commentator Ron Santella put it bluntly: “The playbook from last week hasn’t changed. It’s actually gotten more entrenched. Higher for longer is the base case.” For households waiting on a refinance or a first home purchase, he was even more direct: “Today’s report tells you it’s not ... Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts

(Bloomberg) -- Treasuries retreated from near their best levels of the past month as the first of three labor-market reports this week backed wagers that the Federal Reserve’s next move will be to raise interest rates.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

While more US companies and businesses apply to receive tariff refunds, the Trump administration is seeking to appeal the federal court order and bring these payouts to a screeching halt. The administration has already issued $20.6 billion in refunds, while US Customs reports that another $85 billion in refund applications have been submitted. Yahoo Finance Washington Correspondent Ben Werschkul tracks the payouts that President Trump while reporting on the administration's latest tariff cuts on farming equipment.

(Bloomberg) -- Oil flipped between gains and losses as traders parsed discordant signals on the prospects of a US-Iran peace deal. 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 Transit Are ProhibitedWest Texas Intermediate traded above $92 a

D-Wave noted a second funding award from the government in May, as the quantum computing company continues to build on its R&D efforts.

FedEx Freight began trading as an independent company this week, but analysts say stronger margins and operating performance are needed before they become more bullish on the stock.

(Bloomberg) -- Victoria’s Secret & Co. shares soared after the company beat earnings estimates and boosted its outlook, adding to signs of progress for Chief Executive Officer Hillary Super’s turnaround plan.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

(Bloomberg) -- A rapid rally in shares of Virgin Galactic Holdings Inc. has burned short sellers betting against the space tourism firm, according to data from S3 Partners.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 Transit Are ProhibitedSh

Investors need to pay close attention to FDX stock based on the movements in the options market lately.

(Bloomberg) -- Elon Musk’s SpaceX is negotiating to pay razor-thin fees to Wall Street firms handling its IPO — but banks are still likely to rake in about $500 million from the record-setting market debut.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 Sa

(Bloomberg) -- Shareholders at Palo Alto Networks Inc. have a recurring beef with the company over how much it pays the chief executive officer and other senior leaders. 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 Transit Are ProhibitedA ma

The 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.

(Bloomberg) -- US stocks may be vaulting from one record to the next, but Wall Street analysts covering them are in no rush to keep up. 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 Transit Are ProhibitedResearchers who follow individual comp

Increased spending on data center expansion and road building projects bolstered equipment sales during the second quarter.

Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring ‌doorbell cameras at friends and family members' homes collected and stored images of his ‌face using facial recognition software. The plaintiff, Charles Sigwalt, who is seeking class-action status, sued Amazon in federal court in Seattle ​alleging a feature known as “Familiar Faces” retains images of passersby without their consent. Familiar Faces, which is optional, uses artificial intelligence to identify and remember people so that when they return to a home or a business, notifications can include specific ‌names.

(Bloomberg) -- Bitcoin dipped below $70,000 for the first time in almost two months, as concerns about the conflict in Iran and selling by major holder Strategy Inc. dented investor appetite.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 SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spoo

(Bloomberg) -- The White House said it will reduce tariffs on farm and construction equipment such as harvesters and forklifts, in an effort to boost investment in the industrial economy through next year.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 SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in

(Bloomberg) -- Extended positioning in US technology stocks is putting investors at risk of a reversal, according to Citigroup Inc. strategists. 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 SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spooked Short SellersSustained enthusiasm over the

(Bloomberg) -- SK Hynix Inc. plans to double its memory chip capacity over the coming half-decade, a major expansion that should help ease a global shortage of an essential component of AI.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 SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spooke

(Bloomberg) -- Goldman Sachs Group Inc. is working on a potential initial public offering of a Kuwaiti online beauty and fashion retailer, a deal that could mark the Wall Street bank’s first listing mandate in the Gulf nation as it seeks to expand there.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 SpendingUS Says Deals With Iran for Safe Hormuz T

The US Senate has returned from recess with the Digital Asset Clarity Act at the top of the legislative calendar, and the bill’s most consequential provision is not market structure-it is the explicit prohibition on the Federal Reserve issuing a retail Central Bank Digital Currency. That CBDC block, if enacted, ...

The new head of the Fed has a virtually impossible task of appeasing the president and Wall Street concerning interest rates.

Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.

MU joined the $1 trillion market-cap club as AI-driven stocks extend gains, while investors await key jobs and inflation data.

June 2 (Reuters) - European shares opened higher on Tuesday as strong forecasts from chipmaker STMicroelectronics lifted technology stocks, while investors awaited a key inflation report later in the

(Bloomberg) -- Arm Holdings Plc may achieve its target of $15 billion in sales of its own chips earlier than anticipated, its chief executive officer said, reflecting stronger-than-projected demand from the AI boom.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 SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found

Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

(Bloomberg) -- Famed short seller Andrew Left faces the possibility of decades behind bars after being found guilty of using disingenuous social media posts to manipulate stocks, in a landmark case that threatens to chill a broader trading strategy loathed by corporate executives.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedCanada Dips Into Technical Recession for First Time Since 2020Berkshi