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Bolt, Stellantis, Pony.ai to launch autonomous vehicle test program in Luxembourg
Reuters76d agoneutral
Bolt, Stellantis, Pony.ai to launch autonomous vehicle test program in Luxembourg

Estonian vehicle sharing platform Bolt will launch its first ‌autonomous mobility test program in ‌Luxembourg in collaboration with carmaker Stellantis and Chinese ​robotaxi operator Pony.ai, the companies said on Monday. The announcement followed a joint declaration of intent signed by 18 ‌European Union member ⁠states on large-scale cross-border tests for autonomous vehicles under the ⁠European Automotive Action Plan. Their pilot program will focus on validating the safety, ​performance and ​regulatory readiness ​of Pony.ai's autonomous vehicles ‌in Luxembourg's traffic environment, the companies said.

Strategy Just Backflipped On Key Goal To Defend Bitcoin
Investor's Business Daily76d agoneutral
Strategy Just Backflipped On Key Goal To Defend Bitcoin

Strategy reversed course last week, buying bitcoin under market conditions that founder Michael Saylor had said were conducive to selling the cryptocurrency under its recent modus operandi. While the bitcoin purchase was relatively modest, it appears to signal an important shift. Last week's sale of common stock to buy bitcoin and add cash to the balance sheet put credit concerns and support for the cryptocurrency ahead of the focus on increasing bitcoin per share.

Apple Knocks Big Tech Rivals for Making 'AI for the Sake of AI'
Barrons.com76d agoneutral
Apple Knocks Big Tech Rivals for Making 'AI for the Sake of AI'

As he announced Apple's new AI services, senior VP Craig Federighi was critical of other companies' pursuit of AI. "Some appear to be racing forward, seemingly pursuing AI for the sake of AI. without clear regard for the people--all of us--that it's ultimately meant to serve," he said.

Apple Stock Rises With Developer Conference Under Way
The Wall Street Journal76d agoneutral
Apple Stock Rises With Developer Conference Under Way

Apple stock held gains Monday afternoon as Chief Executive Tim Cook kicked off his 15th Worldwide Developers Conference. The iPhone maker is expected to unveil a new version of its Siri chatbot on Monday, hoping to power a comeback in AI.

Microsoft and Copilot just hit a jackpot in healthcare
TheStreet76d agoneutral
Microsoft and Copilot just hit a jackpot in healthcare

Wall Street has spent two years asking technology companies to stop talking about what AI will do and start showing what it has already done. The data, when it finally arrives, tends to matter more than any product launch or analyst note. On June 7, Microsoft produced a number that is hard to ...

Where the Stock Market Goes Next
Barrons.com76d agoneutral
Where the Stock Market Goes Next

Wall Street can’t agree on where it is heading next. Savita Subramanian, head of U.S. equity strategy at Bank of America and a broader market skeptic during much of the tech-paced rally that began in late March, thinks the easy market gains might be behind us. Monday’s recovery comes after Wall Street last week faced its sternest test in months, with tech leading a broader market tumble tied to accelerating bets on a Federal Reserve rate hike and the backdrop of increasing tensions in the U.S. war with Iran.

BofA Warns It’s Time to ‘Take Profits’ as Red Flags Multiply
Bloomberg76d agoneutral
BofA Warns It’s Time to ‘Take Profits’ as Red Flags Multiply

(Bloomberg) -- Investors should exercise caution regarding US stocks as an increasing number of “bear market signposts” point to an approaching top, according to Bank of America Securities.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missil

As Apple's WWDC conference kicks off, investors want to know if AI will save Siri
Reuters76d agoneutral
As Apple's WWDC conference kicks off, investors want to know if AI will save Siri

Apple on Monday will test its standing in the AI race, with analysts expecting the iPhone maker to open its developer conference with a long-awaited Siri overhaul and tools to ‌tap the computing power of its 2.5 billion devices. Apple has been seeking to close a gap with rivals such as Microsoft ‌and Alphabet's Google, which have moved faster to embed “agentic” AI — software that can carry out complex tasks — into everyday computing. The question is how far Apple is willing to go.

As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner
24/7 Wall St.76d agoneutral
As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Micron Technology (NASDAQ:MU) is the stock everyone wants to talk about right now, with shares up 202.87% year to date on an AI memory supercycle narrative that has order books reportedly stretching into 2027. But here’s what you should actually be watching. The Crowded Trade At The Top Of Its Cycle Micron just reported a ... As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth
24/7 Wall St.76d agobearish
Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Jim Cramer used his June 8, 2026, Squawk on the Street appearance to deliver a direct warning to anyone riding the AI chip rally. His line, after a brutal Friday that saw the Philadelphia semiconductor index post its fourth-worst decline ever: “Unless you have accelerated earnings, your stock is pretty much done. Got to go ... Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

US says BYD, Baidu and Alibaba and other tech giants are aiding China's military
Reuters76d agoneutral
US says BYD, Baidu and Alibaba and other tech giants are aiding China's military

The U.S. on Monday issued an updated list of Chinese companies it believes are aiding Beijing's military, including e-commerce group Alibaba, Internet search provider Baidu and automaker BYD. The long-awaited update supersedes ‌a list from early 2025, and comes less than a month after President Donald Trump met China's Xi Jinping on a ‌visit to Beijing, where the two leaders maintained a delicate trade war truce. In February, when Trump's trip to China had been pending, the Pentagon briefly posted an updated list, known ​as the 1260H or CMC list, but then quickly withdrew it with little explanation.

Micron erases weeks of 2026 rally in shocking move
TheStreet76d agobullish
Micron erases weeks of 2026 rally in shocking move

Micron Technology (MU) has been a standout name in the artificial intelligence trade for most of 2026, with its stock gaining an explosive 173.92% since the beginning of the year. It crossed $1 trillion in market value in late May. And then, things changed. Over two trading days, a large piece of ...

Italy regulator drops investigation into Meta's WhatsApp AI bot
Reuters76d agobearish
Italy regulator drops investigation into Meta's WhatsApp AI bot

Italy's competition authority ‌said on ‌Monday it had dropped ​an investigation into Meta Platforms over allegations the company ‌abused its ⁠dominant position by installing its ⁠artificial intelligence tool on messaging ​service WhatsApp. The ​investigation ​had been ‌launched in July 2025. The regulator, known as AGCM, said it closed its ‌probe because the ​European ​Commission ​had extended ‌its own investigation into ​the ​same issue to include the ​Italian ‌territory.

Saylor buys $101M worth Bitcoin as price crashes
TheStreet76d agobearish
Saylor buys $101M worth Bitcoin as price crashes

Strategy (NASDAQ: MSTR) is back to doing what it does best. Buying Bitcoin (BTC). The buying comes just a week after the Bitcoin treasury giant led by Michael Saylor rattled crypto markets with its first Bitcoin sale in four years. Between May 26 and May 31, Strategy sold 32 ...

Bloomberg76d agobearish
Blue Owl Fund Hit by Redemptions Set to Sell $500 Million Bond

(Bloomberg) -- One of Blue Owl Capital Inc.’s private credit funds that capped redemptions earlier this year is set to raise $500 million from an investment-grade bond sale.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperi

Cramer drops rare message on 2 surging AI stocks and SpaceX
TheStreet76d agobearish
Cramer drops rare message on 2 surging AI stocks and SpaceX

You know that feeling when a friend aces every exam, lands a dream job offer, and somehow still can't catch a break? That's the market handing CrowdStrike Holdings (CRWD) and Broadcom Inc. (AVGO) their report cards right now. Both companies just delivered earnings that would make most CEOs weep ...

Germany Drops Jet Project With France in Setback for European Defense Sovereignty
The Wall Street Journal76d agobearish
Germany Drops Jet Project With France in Setback for European Defense Sovereignty

Germany has pulled out of a stalled stealth-fighter project with France and Spain whose lack of progress has become a symbol for the hurdles Europe faces in rebuilding its militaries as the U.S. reduces its presence on the continent. Berlin will no longer pursue building and ordering the aircraft after failing to resolve a spat between Airbus and Dassault over which should take the lead on its development, a senior German government official said. Paris had long taken the view that governments behind the project needed to apply more pressure on the defense firms to cooperate and advance the project.