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Associated Press65d agoneutral
How major US stock indexes fared Tuesday 6/2/2026

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.

'Nobody wants to be left behind' in AI adoption: HPE CEO on Q2 earnings
Yahoo Finance Video65d agoneutralVIDEO
'Nobody wants to be left behind' in AI adoption: HPE CEO on Q2 earnings

Hewlett Packard Enterprise (HPE) is holding onto major gains ahead of Tuesday's close after topping fiscal second quarter estimates for adjusted earnings ($0.79 per share vs. forecasts of $0.54) and revenue ($10.68 billion vs. forecasts of $9.74 billion). The tech company's stock moves are driven by the growth of its AI server business, now being considered a new contender in the AI infrastructure race. HPE CEO Antonio Neri sits down with Yahoo Finance Executive Editor Brian Sozzi to talk more about the earnings results, 2027 guidance, AI infrastructure, and supply constraints. This was HPE's biggest earnings beat seen since 2018, on top of record revenue.

Investing.com65d agoneutral
Huang’s copper-vs-optics call sends optical stocks surging

Huang's remarks crystallized a hierarchy that Wall Street is now pricing in aggressively. "We should use copper as much as we can, for as long as we can, but copper has its limits," he said. "The right strategy is to scale up with copper as long as you can — after that you scale up further with optics, you scale out with optics and you scale across with optics. So you use optics wherever you must, you use copper wherever you can."

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China
Reuters65d agoneutral
Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Arm Holdings CEO Rene Haas said on Tuesday that it would be difficult to block the ‌export to China of CPUs that are useful for AI because of ‌their widespread use and as it would be difficult to block only AI CPUs. "CPUs are kind of ​like oil relative to the application space," Haas said in an interview with Reuters. Banning artificial intelligence CPUs would be nearly impossible because of the challenge of establishing specific performance thresholds and memory bandwidth limits as is possible with the ‌graphics processing units (GPUs) made by ⁠Nvidia, Haas said.

Nvidia just hit a jackpot in the Chinese market
TheStreet65d agoneutral
Nvidia just hit a jackpot in the Chinese market

Jensen Huang walked onto the GTC Taipei stage on June 1 and described a humanoid robot by its weight and height before anything else. Six feet. 150 pounds. "Just like me," he said. The robot standing behind him was built by a Chinese startup. And that detail is more significant than it first ...

SK Hynix plans to double wafer capacity in next five years, group chairman says
Reuters65d agoneutral
SK Hynix plans to double wafer capacity in next five years, group chairman says

The chairman of South Korea's SK Group said on Tuesday its memory chip ‌unit SK Hynix aims to double wafer capacity ‌over the next five years. Chey Tae-won was speaking at the Computex conference ​in Taipei, where executives from some of the world's top technology companies, including Nvidia, are gathering. He added that he hopes his company can be a major high-bandwidth memory (HBM) supplier for Nvidia's Vera Rubin system.

Nvidia CEO says has capacity to supply robust CPU and GPU growth
Reuters65d agoneutral
Nvidia CEO says has capacity to supply robust CPU and GPU growth

Nvidia boss Jensen Huang said on ‌Tuesday the company has enough supply ‌to accommodate robust growth for central processing units (CPUs) as ​well as graphics processing units (GPUs) as it rides a boom in artificial intelligence. Chief Executive Huang was speaking at Nvidia's GTC ‌press conference during ⁠Computex week in Taipei, a day after the $5 trillion chip giant ⁠unveiled a new chip that processes AI capabilities directly. Nvidia's new chip, which will ​be launched ​in the fall, ​puts AI capabilities directly ‌into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple.

Nvidia sends PC makers a message they can't ignore
TheStreet66d agoneutral
Nvidia sends PC makers a message they can't ignore

Nvidia (NVDA) believes the next battle will take place somewhere altogether different. At GTC Taipei, the firm unveiledRTX Spark, a new Windows platform designed for artificial intelligence agents. Rather than just helping users work faster, Nvidia envisions computers that can also reason through ...

AI Trade Gets a Fresh Boost—Heard on the Street Recap
The Wall Street Journal66d agoneutral
AI Trade Gets a Fresh Boost—Heard on the Street Recap

The AI ecosystem got another boost Monday. Anthropic’s surprise IPO filing and Nvidia’s move into the PC market proved good news for a host of tech names exposed to AI. Among them, ARM Holdings jumped nearly 16% on the belief that Nvidia’s entry into PCs will boost the market share of its basic chip designs that rival the x86 chips made by Intel and AMD.

I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?
24/7 Wall St.66d agoneutral
I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?

A 60-year-old with $5 million in retirement assets peels off $1 million for 30-year Treasury Inflation-Protected Securities and lets the remaining $4 million chase growth. The host of the Retire SMART Podcast walked through exactly this allocation on Ep. 419, “Bond vs Bond Fund,” arguing that individual TIPS can carry the income side of a ... I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?

After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition
24/7 Wall St.66d agoneutral
After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition

The Caesars deal just put a clock on the rest of corporate America. On May 28, 2026, Caesars Entertainment (NASDAQ: CZR) announced a definitive agreement to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt. Shareholders take home $31.00 ... After Caesars Deal, These 4 Struggling Companies Look Ripe for Acquisition

Wall Street futures gain as AI advances overshadow US-Iran tensions
Reuters66d agoneutral
Wall Street futures gain as AI advances overshadow US-Iran tensions

U.S. stock index futures climbed on Monday, starting June on a firm footing, as the latest AI push from Nvidia and Microsoft ‌lifted shares, even as uncertainty over the Middle East war lingered. Nvidia rose 1.6% ‌in premarket trading after the world's most valuable company unveiled a new chip that brings AI capabilities to ​laptops and desktops, set for release this fall. The chip is a result of a three-year partnership with Microsoft to "reinvent the PC" for the AI era, Nvidia CEO Jensen Huang said.