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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

(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang said he pays his workers as much as possible, weighing in on a growing global debate about how profits from the AI infrastructure boom should be shared.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 Foun

Fast food has become more of a luxury for U.S. consumers in recent years, as menu prices have continued to climb amid inflation. The average restaurant menu prices increased by 31% between February 2020 and April 2025, according to Bureau of Labor Statistics data analyzed by the National ...

(Bloomberg) -- China is pitching itself as the global fulcrum for the next phase of artificial intelligence and a legion of robotics companies is lining up initial public offerings to test investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionAlphabet to Raise $80 Billion in Equity for AI SpendingStocks Rise on Trump’s Iran Re

D-Wave Quantum (NYSE:QBTS) is set to receive a direct $100 million capital injection from the U.S. Department of Commerce. The company is also included in a wider federal quantum computing initiative totaling around $2 billion in funding. Additional federal project grants are aimed at speeding up D-Wave's quantum hardware development and commercialization efforts. D-Wave Quantum comes into this funding wave with a share price of $29.18 and very large 3-year and multi-year returns, alongside...

(Bloomberg) -- Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets WrapA Rare

(Bloomberg) -- Bloom Energy Corp., a supplier to Oracle Corp. that’s seen its stock price double in the past two months, doesn’t see a need to sell shares to meet surging demand from data centers, its chief executive officer says.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets Wrap

The Dow Jones Industrial Average added 0.1% while the S&P 500 was up 0.3% and the Nasdaq Composite gained 0.4%. The tail end of a robust first-quarter earnings season, ongoing artificial intelligence strength, and inflation figures roughly in line with expectations were enough to push equities higher today—familiar trends that have helped push the Nasdaq to its best two-month stretch in decades.

Massachusetts has filed a lawsuit against UnitedHealth Group, alleging the company exaggerated illness severity for Medicaid patients to obtain higher payments. The case focuses on claimed inflation of patient risk scores within the state’s Medicaid program and UnitedHealth has denied any wrongdoing. The lawsuit introduces additional legal and reputational questions for UnitedHealth Group that go beyond routine operational updates. UnitedHealth Group (NYSE:UNH) is facing this legal...

(Bloomberg) -- It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s I

In the latest trading session, FedEx (FDX) closed at $338.49, marking a -17.79% move from the previous day.

The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) has done something this year that surprises a lot of holders. Despite the Federal Reserve cutting rates 75 basis points over the past 12 months to a 3.75% upper bound, TLT is down about 1% year to date and trades near $85. The long end of the ... Watch This One Number to Know If TLT Will Rally Over the Next 12 Months

FedEx’s much-awaited Freight spin-off is finally here, but can newly listed FDXF become the next premium trucking giant?

Anthropic, maker of the chatbot Claude, said Monday that it had filed confidential paperwork with federal regulators in preparation for selling its stock to the public. The company is expected to be one of three trillion-dollar debuts on the stock market this year, along with Elon Musk’s rocket and AI venture SpaceX and OpenAI, maker of ChatGPT. SpaceX filed to go public in April and OpenAI is expected to do so soon. (The Washington Post has a content partnership with OpenAI.)Subscribe to The Po

Expedia Group (NASDAQ:EXPE) is back in the spotlight after a 42.34% Q1 adjusted EPS beat and a freshly minted $5 billion buyback authorization that has the travel-rebound crowd piling back in. But here’s what you should actually be watching: FedEx (NYSE:FDX), the irreplaceable logistics monopoly quietly compounding while everyone else chases hotel bookings. The Case ... Forget Expedia: This Unstoppable Monopoly Is a Far Smarter Bet

After two years of testing, “the technology is there,” says CEO John Smith. Now the ball is in the regulators’ court.

CPI FIM (BDL:ORCL) continues to draw attention after a recent shift in its share performance, with the stock down 5% year to date but up over the past month and over the past 3 months. See our latest analysis for CPI FIM. Recent trading paints a mixed picture for CPI FIM, with the 30 day share price return of 10.47% and 90 day share price return of 6.74% contrasting with a year to date share price decline of 5%. At the same time, the 3 year total shareholder return of 155.38% and 5 year total...

(Bloomberg) -- A data center tied to CoreWeave Inc. is set to get funding from a $850 million junk-bond sale by Elk Grove Village Property LLC, which joins a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.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

Alphabet 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.

(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

FedEx Corporation (NYSE:FDX) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer highlighted the company’s LTL division spin-off, as he commented: Monday’s also got a host of important corporate events. The Federal Express less-than-truckload, LTL, division is going to be spun off as […]

Investing.com -- Citi has turned bullish on copper after several months of a broadly neutral stance, raising its near-term price forecast to $14,500 per metric ton and targeting $15,000 per ton within the next six to twelve months, driven by U.S. tariff tailwinds, tighter supply and resilient demand from energy transition and AI infrastructure.

The separation creates an independent less-than-truckload carrier focused on North America.

Iran deal hopes, AI-fueled tech gains and Dell's upbeat outlook lifted stocks to record highs, while inflation fears and space-stock volatility persisted.

Bitcoin and chip stocks have dramatically diverged over the past six months. Bitcoin traded at around $71,000 Monday, down more than 40% since its peak above $126,000 in early October. Meanwhile, the PHLX Semiconductor Index, stuffed with high-fliers like Nvidia, Intel and Micron, just posted its strongest performance through the first 100 trading days of any year on record.

FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.