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All three indexes have now closed at records five sessions in a row for the first time since February 2017.

Yahoo 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.

The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite rose less than 0.1%. Marvell Technology leaped to its biggest gain on record after Nvidia’s CEO suggested it could be the next company to be worth $1 trillion. The Nasdaq composite rose 7.09 points, or less than 0.1%, to 27,093.90.

Broadcom Faces High-Stakes Earnings Test. Oppenheimer Says AI Could Deliver Another Beat

Two years ago, Wall Street was asking whether AI would destroy Google Search. The question drove real anxiety among Alphabet investors and pushed some analysts to cut targets. The data Piper Sandler just published suggests that question may have been the wrong one entirely. The right question, it ...

Investing.com -- Goldman Sachs CEO David Solomon said Tuesday that there is sufficient capital available as major artificial intelligence companies prepare to enter public markets.

By Stephen Nellis SAN FRANCISCO, June 2 (Reuters) - Microsoft on Tuesday unveiled a new quantum computing chip that it redesigned with the help of AI, saying it now believes it will have commercially

Google parent Alphabet Inc. is raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc., to help fund ambitious and growing artificial intelligence spending plans. Ted Mortonson, Managing Director: Technology at Baird, discusses this offering, the historic AI infrastructure buildout, and the companies powering the current tech cycle.

(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 world's most valuable technology companies with the exception of Alphabet added billions ‌of dollars in market value in May, ‌as upbeat earnings outlooks and strong demand for AI chips fuelled ​a rally in their shares. Apple, memory chipmakers Micron Technology, Samsung Electronics and SK Hynix led the gains, adding $598 billion, $512 billion, $481 billion and $377 billion, respectively, in market value. Their ‌valuations rose to $4.58 ⁠trillion, $1.09 trillion, $1.10 trillion and $1.34 trillion, respectively.

Anthropic officially started its IPO clock yesterday, filing a confidential registration statement with the SEC.

In AI, money talks. The ability to tap stock market capital is important again, after a quarter of a century of being all but irrelevant.

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.

It is a golden rule of finance that what goes out must, at some point, come in. That’s why AI’s biggest spenders are starting to seek new ways...

Shares in Alphabet are down premarket after the Google parent unveiled a giant equity issue plan that underscored the epic bill for the AI buildout. The stock is down 2.5% premarket, enough to wipe more than $100 billion off the company’s market value.

Investing.com -- Broadcom shares gained over 6% in premarket trading Tuesday after Alphabet unveiled plans to raise $80 billion in equity, a massive fundraise aimed at accelerating its AI infrastructure buildout.

June 2 (Reuters) - The S&P 500 and the Nasdaq 100 futures edged lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment

The firm behind the Claude chatbot revealed on Monday it had filed paperwork for an expected 1.0 trillion US dollar IPO.

It's been a busy few days for Berkshire Hathaway CEO Greg Abel, who took over for Warren Buffett Jan 1. On Sunday night Berkshire announced it would buy home builder Taylor Morrison Home Corp. for $6.

Alphabet said on Monday it aims ‌to raise $80 billion ‌in equity offerings, which will include ​an investment deal with Berkshire Hathaway. The Google parent has agreed to sell $10 billion ‌worth of ⁠shares to Warren Buffett's Berkshire Hathaway in a ⁠private placement, comprising $5 billion in Class A common ​stock at $351.81 ​per ​share and $5 billion ‌in Class C capital stock at for $348.20 per share. "The company is experiencing strong demand for its AI solutions ‌and services from ​enterprises and ​consumers, at ​levels that are ‌exceeding the company's ​available supply," ​Alphabet said.

Anthropic has taken its first formal step toward a public listing, confidentially submitting a draft S-1 registrati...

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.

The filing follows a $965 billion Series H valuation.

(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

BRUSSELS/AMSTERDAM, June 1 (Reuters) - The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such ‌projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development ‌Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of a package aimed at reducing the bloc's dependence on U.

Broadcom's quarterly results and earnings calls are worth following for AI growth stock investors.

By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon

Europe plans to propose strict criteria for cloud computing services ‌in highly critical state tenders that could exclude Amazon, Microsoft ‌and Google from such projects, according to documents seen by Reuters. The proposal is part ​of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will announce on Wednesday as part of a package of measures aimed at reducing Europe's dependence on U.S. tech and promoting ‌European businesses. The drive for ⁠sovereignty requirements in sensitive sectors such as banking, energy, healthcare and comes amid fears of surveillance by the ⁠United States and that it may get unlawful access to Europeans' data on the basis of its laws such as the Cloud Act which ​requires U.S.-based ​providers to grant authorities access to ​data even if it is ‌stored abroad.

By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon

This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.