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Google Sends a Clear Signal
The Wall Street Journal76d 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.

Associated Press76d 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.

Dow, S&P 500, and Nasdaq Hit Records for 5th Day
Barrons.com76d agoneutral
Dow, S&P 500, and Nasdaq Hit Records for 5th Day

The S&P 500 eked out a gain to bring its winning streak to nine days, but this time breadth was actually solid. The Dow rose 230 points, or 0.5%. “While the rally in tech/AI seems like it will never reverse, the fact remains the breadth issue works both ways,” writes Jonathan Krinsky, BTIG’s chief market technician.

Hyperliquid among the tokens moving on its own, not on bitcoin news
Yahoo Finance Video76d agoneutralVIDEO
Hyperliquid among the tokens moving on its own, not on bitcoin news

Scott Melker discusses the handful of crypto tokens trading higher on their own merit and not on bitcoin's (BTC-USD) own price moves, including Hyperliquid (HYPE32196-USD)."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Alphabet Convertibles Could Yield 6%, But Will Offer No Downside Protection
Barrons.com76d agoneutral
Alphabet Convertibles Could Yield 6%, But Will Offer No Downside Protection

Alphabet will appeal to yield-oriented investors with the $15 billion of mandatory convertible preferred stock that it plans to sell as part of its plan to raise $80 billion of equity to fund its huge AI capital spending program. The Alphabet convertible preferred offering, one of several equity deals announced late Monday by the company, is expected to be priced later Tuesday after the close of trading at $50 a share with a dividend yield about 6.5%, in line with the dividend on an Oracle mandatory convertible sold in February. It will amount to a twin offering with $7.5 billion of preferred convertible into Alphabet’s class A voting shares and the other $7.5 billion of preferred exchangeable into the company’s nonvoting class C stock.