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UBS joins Meta in sending shocking message to employees
TheStreet78d agoneutral
UBS joins Meta in sending shocking message to employees

Three years after brokering one of the most consequential emergency acquisitions in banking history, UBS is still working through what that deal cost in human terms. The latest bill arrived on May 29. Hundreds of employees across Europe, the Middle East, and Africa found out their jobs were gone. ...

Victoria's Secret Stock Rises 47% | Closing Bell
Bloomberg78d agoneutralVIDEO
Victoria's Secret Stock Rises 47% | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Palo Alto Networks Revenue Rises as Customers Beef Up Cyber Defenses
The Wall Street Journal78d agoneutral
Palo Alto Networks Revenue Rises as Customers Beef Up Cyber Defenses

Chief Executive Officer Nikesh Arora said the results should demonstrate that fears of a so-called “SaaS-Pocalypse,” in which AI-native firms will come to displace legacy software incumbents, are misplaced as applied to the cybersecurity industry.

Google Sends a Clear Signal
The Wall Street Journal78d agoneutral
Google Sends a Clear Signal

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today Mixed day for stocks.

Trump signs executive order scaling back AI review requirements
Yahoo Finance Video78d agoneutralVIDEO
Trump signs executive order scaling back AI review requirements

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.

Texas Instruments names insider Julie Knecht as finance chief
Reuters78d agoneutral
Texas Instruments names insider Julie Knecht as finance chief

Texas Instruments on Tuesday named insider Julie Knecht as its finance ‌chief, succeeding Rafael Lizardi, who will retire ‌after 25 years with the analog chipmaker. Knecht, currently chief ​accounting officer and vice president of accounting and tax, will assume the role on August 1, while Lizardi will take an advisory role through ‌Aug. 31 to ⁠support the transition. CEO Haviv Ilan said Lizardi helped steer the company's capital ⁠allocation strategy, including investments in 300-millimeter manufacturing capacity and a focus on returning free cash flow ​to shareholders.

Associated Press78d 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.

Exec Edge78d agoneutral
Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq

Watch the interview below, or Click HERE: Tech Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ann Bowering, CEO, Issuer Services, North America at Computershare Limited (ASX: CPU.AX). The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how large IPOs are bringing more retail investors into public markets, ways […] The post Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq appeared first o

Morgan Stanley resets Monster stock price target after earnings
TheStreet78d agoneutral
Morgan Stanley resets Monster stock price target after earnings

Monster Beverage (MNST) just earned another vote of confidence from Wall Street, and the reasoning behind it tells investors more than the new price tag does. Morgan Stanley lifted its target on the energy drink giant and kept its bullish rating in place. The size of the increase is small. The ...

Exclusive-Meta scales back plan for internal mouse-tracking tech, citing staff concerns
Reuters78d agoneutral
Exclusive-Meta scales back plan for internal mouse-tracking tech, citing staff concerns

Meta is dialing back elements of its plan to collect employee mouse movements, keystrokes and other actions ‌for use as AI training data, it said in an ‌internal memo on Tuesday, following weeks of angry pushback from staffers. New controls will allow ​employees to pause the data collection for up to 30 minutes at a time and request exemptions from the initiative, according to the memo, authored by Stephane Kasriel, a vice president in Meta's AI model-building Superintelligence Labs ‌unit. A Meta spokesperson declined to comment.

Pizza Hut has a $100 million AI problem
TheStreet78d agoneutral
Pizza Hut has a $100 million AI problem

While Yum Brands has been pursuing a sale of the Pizza Hut Brand, the struggling pizza purveyor has been sued by one of its largest franchise operators. Chaac Pizza Northeast, which operates more than 110 Pizza Hut locations across New York, New Jersey, Maryland, Pennsylvania and Washington, D.C., ...

'Nobody wants to be left behind' in AI adoption: HPE CEO on Q2 earnings
Yahoo Finance Video78d 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.

5-star analyst resets Google stock price target on key move
TheStreet78d agoneutral
5-star analyst resets Google stock price target on key move

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 ...