News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Power solutions provider ERock is expected to take to the market on June 10.
If you closed Thursday with $10,000 in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL), you opened the weekend with about $8,000. TECL closed Friday June 5 at $202.59, down 19.93% from Thursday’s $253.01. The underlying it leverages, Technology Select Sector SPDR Fund (NYSEARCA:XLK), fell 6.66% from $193.17 to $180.30, its worst session in over a ... Direxion’s 3x Tech ETF TECL Collapsed 19.93% Friday While XLK Fell Just 6.66%: Here’s Why
Investing.com -- UBS maintained "buy" ratings on three major cloud providers as their combined revenue rose to $84.8 billion in the first quarter of 2026, up 39% from a year earlier, marking a 15-percentage-point acceleration from the growth rate recorded in the same period last year.
Investors were confronted this past week with four difficult realities that may fundamentally change the way they think about AI the business vs. AI the technology:
Ten thousand dollars dropped into Technology Select Sector SPDR Fund (NYSEARCA:XLK) at the close on December 31, 2025 was worth about $13,434 at the close on June 4, 2026. The same ten grand in SPY was worth about $11,102. That is the entire "three to one" story, 34% for the tech SPDR against 11% for ... $10,000 Invested in XLK on New Year’s Eve Is Worth $13,434 Today
DocuSign, Inc. has reported its first-quarter 2026 results, with revenue rising to US$830.24 million and net income reaching US$78.2 million, while also issuing guidance for up to US$869 million in second-quarter revenue and up to US$3.50 billion for the full fiscal year. At the same time, DocuSign is deepening its AI push by launching an app for OpenAI’s ChatGPT and Codex and appointing former UiPath and Microsoft product leader Graham Sheldon as Chief Product Officer to advance its...
A $10,000 position in the MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) at Thursday’s $32.16 close was worth about $8,392 by Friday’s $26.99 close, a 16% single-session drop on June 5, 2026. Stretch the window back one week and the damage gets uglier. FNGU went from $34.76 on May 29 to $26.99 on June 5, a ... $10,000 in FNGU Became $8,392 in One Session as Tech Leverage Cut Both Ways
(Bloomberg) -- Sriram Krishnan, a top White House adviser on artificial intelligence, is stepping down from the post.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PA former Andreessen Horowitz partner, Krishnan was
A handful of megacaps have closed enough ground to make the AI chip leader's crown look less than permanent -- but each would need a specific set of things to break its way.
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Big Company Stocks to Buy Right Now. On June 1, Wells Fargo analyst Michael Turrin lifted its price objective on the company’s stock to $650 from $625 and kept an “Overweight” rating on the shares. As per the analyst, investor concerns related to Microsoft’s AI strategy have […]
The oldest stock index in the world is suffering from a severe case of split personality. This internal friction has triggered a mechanical phenomenon, the likes of which I cannot recall, at least to this degree.
Major hyperscalers in the U.S. are going to spend a significantly higher amount on building AI infrastructure this year, and that's great news for Nvidia and Sandisk.
These three SaaS stocks have plenty more upside ahead.
As Congress debates new regulations around artificial intelligence and cryptocurrency, lawmakers' stock portfolios have surged in recent years toward investments in these sectors.
Investing.com -- Yardeni Research said growing evidence suggests the artificial intelligence boom is extending beyond major technology companies and into the broader U.S. economy, supporting hiring, business formation, and investment despite ongoing geopolitical and inflation risks.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 5.9% in the afternoon session after macro pressure and an impending Senate hearing on China chip sales overwhelmed the impressive product updates earlier in the week.
After a very profitable decade on Microsoft's board, Reid Hoffman is stepping down to focus on his AI drug discovery startup Manus.
In the last five years, Oracle (ORCL) stock has returned a notable $54 Bil back to its shareholders through cold, hard cash via dividends and buybacks. That is not a small feat for a company that has simultaneously been funding one of the more aggressive infrastructure build-outs in enterprise tech. Let's look at some numbers and compare how this payout power stacks up against the market's biggest capital-return machines.
Microsoft (NasdaqGS:MSFT) used Build 2026 to unveil seven in house AI models, led by its new MAI-Thinking-1 reasoning model. The company outlined deeper AI collaborations in healthcare and scientific research, including Mayo Clinic, Causaly, First Foundation Labs, and Cortechs.ai. Management highlighted a plan to rely more on proprietary models and reduce dependence on external partners such as OpenAI. For investors watching Microsoft’s AI plans, Build 2026 adds new detail to how the...
Microsoft (MSFT) concluded the recent trading session at $416.67, signifying a -2.66% move from its prior day's close.
(Bloomberg) -- US national security agencies must make a priority of working with more than one artificial intelligence provider, according to a memo from President Donald Trump that follows an extended feud between the Pentagon and Anthropic PBC, which until recently was the only vendor approved for classified military use.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX, Other Mega IPO
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -2.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -4.77%. June E-mini S&P futures (ESM26 ) fell -2.97%, and June E-mini Nasdaq futures...
Microsoft is looking to become a more significant player in artificial intelligence.