Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

Jun 3, 2026, 8:00 PM EDT - 6 minutes ago

Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

Amazon engineers railed at their employer for conducting mass layoffs while committing to spend $200 billion this year on AI infrastructure, including data centers. The engineers spoke at a Seattle Ci...

AMZN


SoftBank CEO's Bad Bets Left Him in Despair. An AI Spree Has Him Back on Top.

Jun 3, 2026, 8:00 PM EDT - 6 minutes ago

SoftBank CEO's Bad Bets Left Him in Despair. An AI Spree Has Him Back on Top.

Masayoshi Son said that his Tokyo-based technology conglomerate would unleash at least $52 billion of investment in French data centers.

AMZN


IG4, Petrobras confirmed as co-controllers of Brazil's Braskem, concluding April deal

Jun 3, 2026, 7:47 PM EDT - 19 minutes ago

IG4, Petrobras confirmed as co-controllers of Brazil's Braskem, concluding April deal

Private equity management firm IG4 Capital and Brazilian ​state-run oil company Petrobras on Wednesday became ‌the co-controllers of petrochemical firm Braskem , completing a deal signed in April, IG4...

BAK PBR


Apple to Scrap Vision Pro Successor and Focus on Smart Glasses

Jun 3, 2026, 7:47 PM EDT - 19 minutes ago

Apple to Scrap Vision Pro Successor and Focus on Smart Glasses

Apple has dropped its plans for a successor to its Vision Pro mixed reality headset and will focus instead on smart glasses, Seeking Alpha reported Wednesday (June 3), citing TF International Securiti...

AAPL PBR


Oil Futures Fall on Possible Technical Correction

Jun 3, 2026, 7:41 PM EDT - 25 minutes ago

Oil Futures Fall on Possible Technical Correction

Oil futures fell in early Asian trade on a possible technical correction after crude futures rose for the third straight session overnight.

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Jim Cramer: I fear SpaceX is losing so much money the stock could be a drain for some time

Jun 3, 2026, 7:38 PM EDT - 28 minutes ago

Jim Cramer: I fear SpaceX is losing so much money the stock could be a drain for some time

'Mad Money' host Jim Cramer weighs in on the latest news on the upcoming SpaceX IPO and how tech companies are racing to raise funds.

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Fmr. SEC Chair: Giants Like SpaceX Need To Find Revenue Model

Jun 3, 2026, 7:35 PM EDT - 31 minutes ago

Fmr. SEC Chair: Giants Like SpaceX Need To Find Revenue Model

Gary Gensler, former chair of both the CFTC and SEC, discusses the capital markets and the regulatory challenges they face. The discussion highlights the anticipated surge in IPO activity in 2026, wit...

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CrowdStrike's stock falls as investors find more reason to pan cybersecurity earnings

Jun 3, 2026, 7:16 PM EDT - 50 minutes ago

CrowdStrike's stock falls as investors find more reason to pan cybersecurity earnings

Like Palo Alto Networks before it, CrowdStrike beats financial expectations but sees its stock get punished

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British drug-cost watchdog recommends use of AbbVie's ovarian cancer therapy

Jun 3, 2026, 7:04 PM EDT - 1 hour ago

British drug-cost watchdog recommends use of AbbVie's ovarian cancer therapy

The UK cost-effectiveness watchdog on Thursday recommended AbbVie's "guided missile" cancer therapy, Elahere, for patients with a hard-to-treat form of ovarian cancer.

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Elon Musk's net worth poised to sail past $1 trillion in SpaceX IPO

Jun 3, 2026, 6:58 PM EDT - 1 hour ago

Elon Musk's net worth poised to sail past $1 trillion in SpaceX IPO

Based on SpaceX's updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion. That's on top of Musk's $350 billion-plus stake in Tesla.

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Lovable signs multi-year deal with Google Cloud to up usage 5x, source says

Jun 3, 2026, 6:56 PM EDT - 1 hour ago

Lovable signs multi-year deal with Google Cloud to up usage 5x, source says

Lovable and Google announced an expanded multi-year collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user.

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SpaceX Targets $75 Billion For IPO—Valuing Company Above $1.75 Trillion

Jun 3, 2026, 6:50 PM EDT - 1 hour ago

SpaceX Targets $75 Billion For IPO—Valuing Company Above $1.75 Trillion

It appears very likely, as he owns 42% of SpaceX's common stock and 350 million stock options, all of which would be worth $688 billion if SpaceX maintains its $135 trade price.

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Morgan Stanley and Goldman Sachs Land Anthropic IPO

Jun 3, 2026, 6:42 PM EDT - 1 hour ago

Morgan Stanley and Goldman Sachs Land Anthropic IPO

Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering (IPO), with JPMorganChase also involved in the deal, Bloomberg reported Wednesday (June 3), citing unnamed s...

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How single-stock turbulence presents ‘asymmetric' downside risk for a rather calm S&P 500

Jun 3, 2026, 6:26 PM EDT - 1 hour ago

How single-stock turbulence presents ‘asymmetric' downside risk for a rather calm S&P 500

A “dispersion trade” is being fueled by rising volatility for individual stocks while index volatility is falling — suggesting the risks of a selloff are rising

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Perpetual futures incite bad behavior, says CME CEO Terry Duffy

Jun 3, 2026, 6:24 PM EDT - 1 hour ago

Perpetual futures incite bad behavior, says CME CEO Terry Duffy

CME Chairman and CEO Terry Duffy joins 'Fast Money' to share his take on the use of perpetual futures in trading and why he is cautious on them.

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SpaceX wants to raise $75 billion for a record-setting IPO

Jun 3, 2026, 6:21 PM EDT - 1 hour ago

SpaceX wants to raise $75 billion for a record-setting IPO

Elon Musk's SpaceX is planning for the largest IPO ever. The company said in a filing its seeking to raise $75 billion.

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Alnylam, Inceptive sign up to $2 billion AI drug discovery deal

Jun 3, 2026, 6:05 PM EDT - 2 hours ago

Alnylam, Inceptive sign up to $2 billion AI drug discovery deal

Alnylam Pharmaceuticals said on Wednesday it has teamed up with artificial-intelligence biotech ​Inceptive in a deal worth up ‌to $2 billion to use AI to speed up discovery of RNA-based medicines.

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SpaceX IPO to Be Largest Ever at $135 Share Price

Jun 3, 2026, 6:04 PM EDT - 2 hours ago

SpaceX IPO to Be Largest Ever at $135 Share Price

The $135 share price means Elon Musk's rocket maker is poised to exceed the 2019 initial public offering of Saudi Aramco in both valuation and money raised.

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Apple Stock Has Been Hot Lately. New AI Features Could Provide the Next Boost

Jun 3, 2026, 6:02 PM EDT - 2 hours ago

Apple Stock Has Been Hot Lately. New AI Features Could Provide the Next Boost

Apple's annual Worldwide Developers Conference is scheduled to kick off Monday. The event looks set to follow what has been a strong stretch for the stock.

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These Experts Say the Memory-Stock Runup May Not Be Over Yet

Jun 3, 2026, 6:02 PM EDT - 2 hours ago

These Experts Say the Memory-Stock Runup May Not Be Over Yet

Booming AI demand and rising memory prices could mean even more gains ahead for memory investor favorites Micron and Sandisk, after a blistering rally in recent months, according to analysts at Morgan...

MU SNDK SPY SSO UPRO VOO UCO


Vanguard index product becomes first ETF to top $1 trillion in assets

Jun 3, 2026, 5:44 PM EDT - 2 hours ago

Vanguard index product becomes first ETF to top $1 trillion in assets

The Vanguard S&P 500 ETF , the index investing pioneer's flagship exchange-traded ​product, became the first in the history of ‌ETFs to reach and exceed $1 trillion in assets, the investment firm conf...

VOO SNDK SPY SSO UPRO VOO UCO


JPMorgan's Dimon to discuss SpaceX IPO roadshow with ultra-rich clients, Bloomberg News reports

Jun 3, 2026, 5:44 PM EDT - 2 hours ago

JPMorgan's Dimon to discuss SpaceX IPO roadshow with ultra-rich clients, Bloomberg News reports

JPMorgan Chase CEO Jamie Dimon plans to discuss the upcoming initial public offering of SpaceX with thousands of the bank's high-net-worth clients ​this week, according to a report by Bloomberg News o...

JPM SPCX SPY SSO UPRO VOO UCO


Google search facing UK 'conduct requirement'

Jun 3, 2026, 5:44 PM EDT - 2 hours ago

Google search facing UK 'conduct requirement'

Google search is facing a series of targeted rules that a UK regulator says will secure a fairer deal for publishers and consumers, and improve its services at the same time.

GOOG GOOGL SPY SSO UPRO VOO UCO


Gold breaks $4,440 as U.S.-Iran fighting pressures markets - Kitco PM Report

Jun 3, 2026, 5:42 PM EDT - 2 hours ago

Gold breaks $4,440 as U.S.-Iran fighting pressures markets - Kitco PM Report

Spot gold and silver prices are sharply lower after the close Wednesday, as crude oil rallied, Treasury yields rose and renewed U.S.-Iran fighting pressured non-yielding metals.

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Kalshi reports ex-congressman George Santos to DOJ over suspicious trades

Jun 3, 2026, 5:22 PM EDT - 2 hours ago

Kalshi reports ex-congressman George Santos to DOJ over suspicious trades

A prediction market reported U.S. Rep. George Santos to federal prosecutors after he boasted he'd be going to President Donald Trump's State of the Union address, then bet against his own attendance, ...

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SpaceX Seeks to Raise $75 Billion in IPO Plan

Jun 3, 2026, 5:22 PM EDT - 2 hours ago

SpaceX Seeks to Raise $75 Billion in IPO Plan

SpaceX is seeking to raise $75 billion in an IPO that would be the biggest of all time, as Elon Musk's rocket, space and artificial intelligence company targets a historic debut that could clear a pat...

SPCX DGP GLD GLDM IAU OUNZ UGL


Baillie Gifford Debuts Suite of Active Growth ETFs

Jun 3, 2026, 5:21 PM EDT - 2 hours ago

Baillie Gifford Debuts Suite of Active Growth ETFs

On Wednesday, June 3, Baillie Gifford made its foray into the world of U.S. ETFs with the launch of its first suite of actively managed ETFs. Each new fund provides a different approach to equity expo...

BGCG BGGG GLD GLDM IAU OUNZ UGL


SpaceX is set to crush global records by targeting a massive IPO haul of up to $86 billion

Jun 3, 2026, 5:21 PM EDT - 2 hours ago

SpaceX is set to crush global records by targeting a massive IPO haul of up to $86 billion

Elon Musk will hold more than 80% of the voting power of SpaceX shares, cementing his control over the company.

SPCX BGGG GLD GLDM IAU OUNZ UGL


Helix BioPharma Corp. Announces Closing of Private Placement of Convertible Debentures

Jun 3, 2026, 5:15 PM EDT - 2 hours ago

Helix BioPharma Corp. Announces Closing of Private Placement of Convertible Debentures

Vancouver, British Columbia – TheNewswire - 3 June, 2026 – Helix BioPharma Corp. (TSX: “ HBP ”, OTC PINK: “ HBPCF ”, FRANKFURT: “ HBP0 ”) (“ Helix ” or the “ Company ”), a clinical-stage oncology comp...

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Neurothera Labs Inc. Announces Closing Of Acquisition Of Majority Stake In Cliniquantum Ltd.

Jun 3, 2026, 5:15 PM EDT - 2 hours ago

Neurothera Labs Inc. Announces Closing Of Acquisition Of Majority Stake In Cliniquantum Ltd.

Toronto, Ontario – June 3, 2026 – TheNewswire –  NeuroThera Labs Inc. (TSXV: NTLX) (the “ Company ” or “ NeuroThera ”), a clinical-stage biotech company and a majority-owned subsidiary of SciSparc Ltd...

SPRC BGGG GLD GLDM IAU OUNZ UGL


Bitcoin falls 4% to over three-month low

Jun 3, 2026, 5:12 PM EDT - 2 hours ago

Bitcoin falls 4% to over three-month low

Bitcoin, ​the world's ‌largest ​cryptocurrency ​by market ⁠value, ​on ​Wednesday fell ​4% ​to $64,721.39, the lowest ‌since ⁠February 28.

ARKB ARKW BETE BETH BITB BITC BITO


Sticker Shock at the Pump Fuels a Surge in Hybrid Sales

Jun 3, 2026, 5:11 PM EDT - 2 hours ago

Sticker Shock at the Pump Fuels a Surge in Hybrid Sales

Sales of hybrid vehicles rose 33% in May versus last year, as buyers seek better fuel economy.

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Macy's CEO on Earnings, Brand Strategy and Outlook

Jun 3, 2026, 5:09 PM EDT - 2 hours ago

Macy's CEO on Earnings, Brand Strategy and Outlook

Macy's CEO Tony Spring discusses the company's earnings, consumer spending trends and the outlook for retail sales with Romaine Bostick on "Bloomberg The Close." -------- More on Bloomberg Television ...

M DRIV IDRV KARS LIT BITC BITO


SpaceX IPO Would Raise $75 Billion

Jun 3, 2026, 5:08 PM EDT - 2 hours ago

SpaceX IPO Would Raise $75 Billion

The company plans to sell at $135 a share, eschewing norm of setting a price range and incorporating investor feedback.

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SpaceX looking to price IPO at $135 per share, offering 555.6 million shares

Jun 3, 2026, 5:07 PM EDT - 2 hours ago

SpaceX looking to price IPO at $135 per share, offering 555.6 million shares

CNBC's Leslie Picker has the latest on SpaceX's upcoming IPO.

SPCX DRIV IDRV KARS LIT BITC BITO


Leocor Mining Announces Results of its Annual General and Special Meeting and Sets Anticipated Closing and Record Date for Intrepid Share Distribution

Jun 3, 2026, 5:01 PM EDT - 3 hours ago

Leocor Mining Announces Results of its Annual General and Special Meeting and Sets Anticipated Closing and Record Date for Intrepid Share Distribution

Vancouver, British Columbia ( June 3, 2026) – TheNewswire – Leocor Mining Inc. (CSE: LECR, OTCQB: LECRF, Frankfurt: LGO0) (“ Leocor ” or the “ Company ”) is pleased to announce the results of its annu...

SPCX DRIV IDRV KARS LIT BITC BITO


Avrupa Minerals Announces Initial Mineral Resource Estimate for the Sesmarias Copper/Zinc Project, Portugal

Jun 3, 2026, 5:00 PM EDT - 3 hours ago

Avrupa Minerals Announces Initial Mineral Resource Estimate for the Sesmarias Copper/Zinc Project, Portugal

Total Inferred Mineral Resource Estimate of 6.5 million tonnes grading 2.9% Zn, 1.2% Pb, 0.6% Cu, and 35 g/t Ag, or CuEq of 2.2%, or ZnEq of 6.2%.    Several areas identified for additional drilling, ...

SPCX DRIV IDRV KARS LIT BITC BITO


Hasbro's New AI Studio Looks to Bring Its Iconic Characters to Next-Generation Experiences

Jun 3, 2026, 5:00 PM EDT - 3 hours ago

Hasbro's New AI Studio Looks to Bring Its Iconic Characters to Next-Generation Experiences

Hasbro launched Sixth Wall, a new artificial-intelligence studio aiming to bring the toymaker's cast of characters into the new technological era.

HAS DRIV IDRV KARS LIT BITC BITO


CrowdStrike Lifts Outlook After Swinging to First-Quarter Profit

Jun 3, 2026, 4:59 PM EDT - 3 hours ago

CrowdStrike Lifts Outlook After Swinging to First-Quarter Profit

The cybersecurity company said it now expects annual recurring revenue of $6.53 billion to $6.56 billion for all of fiscal 2027, up from its previous target of $6.47 billion to $6.52 billion.

CRWD DRIV IDRV KARS LIT BITC BITO


Exclusive: Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says

Jun 3, 2026, 4:58 PM EDT - 3 hours ago

Exclusive: Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says

Honeywell's Quantinuum raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, a source familiar with the matter said on Wednesday, as investors flocked ​to one of...

HON QNT IDRV KARS LIT BITC BITO


Stocks take a breather on Wednesday as torrid rally cools — putting potentially historic S&P 500 winning streak in jeopardy

Jun 3, 2026, 4:58 PM EDT - 3 hours ago

Stocks take a breather on Wednesday as torrid rally cools — putting potentially historic S&P 500 winning streak in jeopardy

The powerful stock-market rally took a breather on Wednesday after a solid stretch of gains. As of the closing bell, the S&P 500 had wiped out its advance from earlier in the week, placing a lengthy w...

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Elon Musk's SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

Jun 3, 2026, 4:57 PM EDT - 3 hours ago

Elon Musk's SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

The company is aiming to raise $75 billion, the most ever for an IPO, in a deal that would value it at $1.75 trillion.

SPCX SPXL SPY SSO UPRO VOO BITO


Amazon.com (AMZN) Price Forecast: Double Top Breakdown Tests Support

Jun 3, 2026, 4:52 PM EDT - 3 hours ago

Amazon.com (AMZN) Price Forecast: Double Top Breakdown Tests Support

Amazon has broken down from a double top pattern and is testing key technical support zones, with downside risk increasing if support fails to hold.

AMZN SPXL SPY SSO UPRO VOO BITO


Google's AI Overviews search feature will be impacted by a ‘world first' rule in the U.K. Here's what will change

Jun 3, 2026, 4:52 PM EDT - 3 hours ago

Google's AI Overviews search feature will be impacted by a ‘world first' rule in the U.K. Here's what will change

AI-generated summaries in Google search results take content from online publishers while reducing traffic to their websites—a tricky relationship that has been seemingly inevitable until now.

GOOG GOOGL SPY SSO UPRO VOO BITO


PVH Cuts Outlook Citing Iran War Impact on Sales

Jun 3, 2026, 4:50 PM EDT - 3 hours ago

PVH Cuts Outlook Citing Iran War Impact on Sales

The owner of Tommy Hilfiger and Calvin Klein said it now expects full-year revenue to stay approximately flat, compared to previous guidance of a slight increase.

PVH GOOGL SPY SSO UPRO VOO BITO


CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 9%

Jun 3, 2026, 4:47 PM EDT - 3 hours ago

CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 9%

CrowdStrike announced a four-for-one stock split and narrowly beat Wall Street's fiscal 2027 first-quarter estimates. Shares are up about 60% this year as companies lean into more cyber tools to fend ...

CRWD GOOGL SPY SSO UPRO VOO BITO


Hasbro AI Studio Unveils Interactive AI Versions Of Iconic Characters

Jun 3, 2026, 4:45 PM EDT - 3 hours ago

Hasbro AI Studio Unveils Interactive AI Versions Of Iconic Characters

Toymaker Hasbro today unveiled a project it has been working on in stealth mode for the past year - an AI studio tasked with giving iconic Hasbro properties like Mr. Potato Head interactive, AI-powere...

HAS GOOGL SPY SSO UPRO VOO BITO


Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

Jun 3, 2026, 4:43 PM EDT - 3 hours ago

Gold (XAU/USD) Price Forecast: Bearish Structure Tests Key Support Zones

Gold is testing key long-term support as bearish momentum builds, with downside targets emerging, while only a reclaim of short-term resistance would signal stabilization.

AAAU BAR DBP GLD GLDM IAU OUNZ


CrowdStrike reports higher operating expenses as AI investments gain pace

Jun 3, 2026, 4:41 PM EDT - 3 hours ago

CrowdStrike reports higher operating expenses as AI investments gain pace

CrowdStrike reported a 15% jump in its first-quarter operating expenses on Wednesday, ​as the cybersecurity company ramps up ‌investments in AI and product development.

CRWD BAR DBP GLD GLDM IAU OUNZ


Shopify Resolves 2-Hour Outage Impacting Storefronts and Checkouts

Jun 3, 2026, 4:40 PM EDT - 3 hours ago

Shopify Resolves 2-Hour Outage Impacting Storefronts and Checkouts

Shopify has resolved a two-hour outage that started Wednesday morning (June 3). The company announced the problem at 9:27 a.m.

SHOP BAR DBP GLD GLDM IAU OUNZ


SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

Jun 3, 2026, 4:39 PM EDT - 3 hours ago

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending ​the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk's determination to ...

SPCX BAR DBP GLD GLDM IAU OUNZ


Cipher Digital CEO on powering data centers and the company's growth strategy

Jun 3, 2026, 4:39 PM EDT - 3 hours ago

Cipher Digital CEO on powering data centers and the company's growth strategy

Tyler Page, Cipher Digital CEO, joins 'Power Lunch' to discuss the company's pipeline, latency issues and much more.

CIFR BAR DBP GLD GLDM IAU OUNZ


Meta's Metaverse lead quietly left four months ago

Jun 3, 2026, 4:38 PM EDT - 3 hours ago

Meta's Metaverse lead quietly left four months ago

Gabriel Aul, who led the Metaverse Products Group, retired and left Meta earlier this year. Aul announced his retirement after a few months on the job and was replaced by Saxs Persson.

META BAR DBP GLD GLDM IAU OUNZ


TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion

Jun 3, 2026, 4:37 PM EDT - 3 hours ago

TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion

TransAlta Corp ​said on Wednesday it ‌will acquire two natural gas-fired peaking facilities near ​Denver, Colorado, from Blackstone for ​about $1 billion.

BX TAC DBP GLD GLDM IAU OUNZ


Broadcom Revenue Climbs on AI Chip Demand

Jun 3, 2026, 4:37 PM EDT - 3 hours ago

Broadcom Revenue Climbs on AI Chip Demand

The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Ch...

AVGO TAC DBP GLD GLDM IAU OUNZ


Tesla expands service area of unsupervised robotaxis in Austin

Jun 3, 2026, 4:34 PM EDT - 3 hours ago

Tesla expands service area of unsupervised robotaxis in Austin

Tesla on Wednesday said it expanded the coverage area in Austin for unsupervised robotaxis. The company didn't say if it was adding more vehicles within the service zone.

TSLA TAC DBP GLD GLDM IAU OUNZ


SpaceX IPO Could Be a Killer—in More Ways Than One

Jun 3, 2026, 4:33 PM EDT - 3 hours ago

SpaceX IPO Could Be a Killer—in More Ways Than One

Markets are making room for Elon Musk's biggest venture—and the spillover could be painful.

SPCX TAC DBP GLD GLDM IAU OUNZ


Real-Estate Giant Compass Under Antitrust Investigation in New York

Jun 3, 2026, 4:31 PM EDT - 3 hours ago

Real-Estate Giant Compass Under Antitrust Investigation in New York

The state attorney general is investigating Compass after it closed a $1.6 billion acquisition of a rival brokerage firm. Compass shares fell 12% Wednesday.

COMP TAC DBP GLD GLDM IAU OUNZ


FintechWerx Launches EMTWerx 2.0 Featuring Automated Interac E-Transfer Capability

Jun 3, 2026, 4:30 PM EDT - 3 hours ago

FintechWerx Launches EMTWerx 2.0 Featuring Automated Interac E-Transfer Capability

Vancouver, British Columbia - 3 June, 2026 - TheNewswire - FintechWerx International Software Services Inc. (CSE: WERX) (“FintechWerx” or the “Company”) is pleased to announce that EMTWerx 2.0, now in...

COMP TAC DBP GLD GLDM IAU OUNZ


Broadcom stock drops 5% on revenue miss

Jun 3, 2026, 4:20 PM EDT - 3 hours ago

Broadcom stock drops 5% on revenue miss

Broadcom reported weaker-than-expected revenue in its fiscal second-quarter earnings report on Wednesday. Leading up to the report, revenue has surged in recent quarters, driven by demand for custom A...

AVGO TAC DBP GLD GLDM IAU OUNZ


AMD stock jumps as AI optimism pushes valuation toward $900 billion

Jun 3, 2026, 4:20 PM EDT - 3 hours ago

AMD stock jumps as AI optimism pushes valuation toward $900 billion

Advanced Micro Devices (AMD) shares climbed on Wednesday as investors returned to the semiconductor sector, pushing the stock toward a market capitalization milestone that it has never previously reac...

AMD TAC DBP GLD GLDM IAU OUNZ


S&P 500 Nine-Day Winning Streak Ends | Closing Bell

Jun 3, 2026, 4:19 PM EDT - 3 hours ago

S&P 500 Nine-Day Winning Streak Ends | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alexis Christoforous, and Isabelle Lee.

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Broadcom forecasts quarterly revenue above estimates on strong  AI chip demand

Jun 3, 2026, 4:18 PM EDT - 3 hours ago

Broadcom forecasts quarterly revenue above estimates on strong  AI chip demand

Broadcom forecast third-quarter revenue ​above Wall Street expectations on Wednesday, betting ‌on robust demand for its custom AI chips and networking gear.

AVGO SPXL SPY SSO UPRO VOO OUNZ


Ford recalls nearly 420,000 Expedition and Lincoln Navigator SUVs over seat belt locking issue

Jun 3, 2026, 4:15 PM EDT - 3 hours ago

Ford recalls nearly 420,000 Expedition and Lincoln Navigator SUVs over seat belt locking issue

Ford recalls nearly 420,000 Expedition and Lincoln Navigator SUVs over seat belt retractor pretensioners that may lock and cause injury in a crash.

F SPXL SPY SSO UPRO VOO OUNZ


S&P 500 Elliott Wave Count Warns of Correction as Breadth Divergence Deepens

Jun 3, 2026, 4:14 PM EDT - 3 hours ago

S&P 500 Elliott Wave Count Warns of Correction as Breadth Divergence Deepens

The S&P 500 likely completed its final rally wave near target, while worsening breadth divergences suggest a correction or larger multi-month decline may be underway.

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Uber to put 500 data-collection vehicles on the road this year

Jun 3, 2026, 4:08 PM EDT - 3 hours ago

Uber to put 500 data-collection vehicles on the road this year

Uber revealed on Wednesday a prototype car that it plans to use to scoop up real-world driving data that can be used by its growing list of autonomous vehicle partners such as Avride, Waymo, and WeRid...

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Bill Ackman's Pershing Square Set To Make $600 Million on Universal Stake

Jun 3, 2026, 4:08 PM EDT - 3 hours ago

Bill Ackman's Pershing Square Set To Make $600 Million on Universal Stake

Bill Ackman is set to make hundreds of millions of dollars on his investment in Universal Music Group despite two unsuccessful attempts to clinch deals with the company.

PS SPXL SPY SSO UPRO VOO OUNZ


Rocket Lab Insiders Cash Out After SpaceX-Fueled Surge in Shares

Jun 3, 2026, 4:03 PM EDT - 4 hours ago

Rocket Lab Insiders Cash Out After SpaceX-Fueled Surge in Shares

Four Rocket Lab insiders sold roughly $18 million worth of stock after the company's shares surged amid excitement surrounding SpaceX's planned IPO.

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Bank of America to hire interns, campus recruits despite AI threat

Jun 3, 2026, 3:52 PM EDT - 4 hours ago

Bank of America to hire interns, campus recruits despite AI threat

Bank of America said on Wednesday it would ​welcome about 4,000 summer interns ‌and full-time campus hires, signaling a commitment to entry-level talent even ​as the rise of ​AI fuels industry concern...

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As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

Jun 3, 2026, 3:48 PM EDT - 4 hours ago

As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

Honeywell Aerospace CEO Jim Currier is forecasting earnings growth when the division completes its separation from its conglomerate parent later this month. "We have a purpose-built management team ju...

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Bitcoin's Break With Tech Widens as Strategy's Sale Feeds Rout

Jun 3, 2026, 3:47 PM EDT - 4 hours ago

Bitcoin's Break With Tech Widens as Strategy's Sale Feeds Rout

Bitcoin's selloff extended into Wednesday after Strategy Inc.'s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token's divergence from record-setting ...

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Clean Seed Capital Announces TSX Venture Reactivation

Jun 3, 2026, 3:45 PM EDT - 4 hours ago

Clean Seed Capital Announces TSX Venture Reactivation

June 3, 2026 - TheNewswire - Vancouver, British Columbia – Clean Seed Capital Group Ltd. (“Clean Seed” or the “Company”) (NEX: CSX.H) announces it has satisfied the requirements of the TSX-V for react...

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Barry Diller Bids For the Rest of MGM Resorts

Jun 3, 2026, 3:43 PM EDT - 4 hours ago

Barry Diller Bids For the Rest of MGM Resorts

Bloomberg Intelligence's Jody Lurie joins Scarlet Fu on "Bloomberg Deals." Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn't already own, marking the lat...

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Alphabet Increases Record-Breaking Stock Offering to Feed AI Demand

Jun 3, 2026, 3:43 PM EDT - 4 hours ago

Alphabet Increases Record-Breaking Stock Offering to Feed AI Demand

Two days after announcing a plan to raise $80 billion in equity capital to expand its artificial intelligence infrastructure, Alphabet raised it to $84.75 billion. The underwritten public offerings th...

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Alphabet's record-breaking $85B raise for Google's AI business is a helluva good signal

Jun 3, 2026, 3:38 PM EDT - 4 hours ago

Alphabet's record-breaking $85B raise for Google's AI business is a helluva good signal

If Alphabet's record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings — and it does — we can safely say that investors are voracious.

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Meta shares climb as AI agent strategy expands beyond advertising

Jun 3, 2026, 3:36 PM EDT - 4 hours ago

Meta shares climb as AI agent strategy expands beyond advertising

Meta Platforms (META) shares rose more than 4% on Wednesday as investors assessed the company's latest push to monetize artificial intelligence through a new business-focused AI agent platform. The ga...

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SpaceX Said to Target $75 Billion in IPO at $135 Per Share

Jun 3, 2026, 3:30 PM EDT - 4 hours ago

SpaceX Said to Target $75 Billion in IPO at $135 Per Share

SpaceX is planning to offer shares ​at $135 apiece to raise $75 ​billion in its ⁠initial public ​offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street conven...

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AI Memory "New Oil?" Noah Kann on Upside Potential in MU & Related Stocks

Jun 3, 2026, 3:30 PM EDT - 4 hours ago

AI Memory "New Oil?" Noah Kann on Upside Potential in MU & Related Stocks

There's still plenty of room for AI memory stocks to run, both in the U.S. and abroad, says Noah Kann. He touches on the low valuations in companies like Micron (MU) in the U.S. and Samsung overseas, ...

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Exclusive: Uber's commitment to self-driving startup Nuro is close to $500 mln, sources say

Jun 3, 2026, 3:24 PM EDT - 4 hours ago

Exclusive: Uber's commitment to self-driving startup Nuro is close to $500 mln, sources say

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the extent of a major investment ​by the ride-hailing ...

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Meta mercifully spun out VR fitness game Supernatural instead of just killing it

Jun 3, 2026, 3:22 PM EDT - 4 hours ago

Meta mercifully spun out VR fitness game Supernatural instead of just killing it

Meta's attempt to pioneer a metaverse and make VR cool totally flopped, except for one shining diamond in the rough: Supernatural, a VR fitness game that made working out feel fun and accessible. Now,...

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Navigating Market Volatility: Nuveen Launches 2 New Active ETFs

Jun 3, 2026, 3:20 PM EDT - 4 hours ago

Navigating Market Volatility: Nuveen Launches 2 New Active ETFs

Nuveen expanded its suite of active ETFs on June 3, introducing the Nuveen Dividend Growth Fund (NUDG) and Nuveen Global Infrastructure Fund (NGIF) on the NYSE. NUDG, with an expense ratio of 0.

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GAMR Captures More Than Just Video Games

Jun 3, 2026, 3:20 PM EDT - 4 hours ago

GAMR Captures More Than Just Video Games

A benchmark tracked by the Amplify Video Game Leaders ETF (GAMR), the VettaFi Video Game Leaders Index, returned 11.5% for the month, according to VettaFi data. Technology stocks, which make up about ...

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ELFY Bets on Grid Growth Beyond Big Tech

Jun 3, 2026, 3:20 PM EDT - 4 hours ago

ELFY Bets on Grid Growth Beyond Big Tech

The electrification of the U.S. economy is straining power grid infrastructure from multiple directions. State renewable mandates, fossil fuel plant retirements, manufacturing reshoring, and AI data c...

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Get Multiple Market Themes in Active ETF SAMT

Jun 3, 2026, 3:20 PM EDT - 4 hours ago

Get Multiple Market Themes in Active ETF SAMT

The investing landscape this year is marked by several crucial, competing, intertwined themes. AI looms over areas from robotics to electrification, space to semiconductors.

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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Attacks U.S. Bases In Bahrain And Kuwait

Jun 3, 2026, 3:18 PM EDT - 4 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Attacks U.S. Bases In Bahrain And Kuwait

In turn, the U.S. attacked an empty oil tanker that was headed to Iran.

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BofA CEO Moynihan on Affordability, Lending and AI Spending

Jun 3, 2026, 3:17 PM EDT - 4 hours ago

BofA CEO Moynihan on Affordability, Lending and AI Spending

Bank of America CEO Brian Moynihan discusses consumer spending trends amid rising inflation, affordability issues and the impact of AI on the banking industry. He speaks with Bloomberg's Dani Burger a...

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Vanguard's S&P 500 ETF Just Hit $1 Trillion in Assets

Jun 3, 2026, 2:57 PM EDT - 5 hours ago

Vanguard's S&P 500 ETF Just Hit $1 Trillion in Assets

The VOO marked the milestone ahead of rival index funds from State Street and iShares.

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Citi hires Konstantynova as new COO for wealth from McKinsey

Jun 3, 2026, 2:56 PM EDT - 5 hours ago

Citi hires Konstantynova as new COO for wealth from McKinsey

Andy Sieg, ​Citi's head ‌of wealth management, announced on ​Tuesday the ​hiring of Nadiya ⁠Konstantynova as ​the division's new ​chief operating officer.

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Ross Fubini wrote Anduril's first check. Here's what he's looking for in defense tech.

Jun 3, 2026, 2:44 PM EDT - 5 hours ago

Ross Fubini wrote Anduril's first check. Here's what he's looking for in defense tech.

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget.

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Netflix stock heads for worst losing streak in nearly four years

Jun 3, 2026, 2:44 PM EDT - 5 hours ago

Netflix stock heads for worst losing streak in nearly four years

Shares of Netflix (NFLX) fell on Wednesday, putting the streaming giant on track for its longest losing streak since late 2022, even as the company continues to expand its advertising business and mai...

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Consumer Stocks Have Fallen Behind. These Retail Names Still Stand Out.

Jun 3, 2026, 2:40 PM EDT - 5 hours ago

Consumer Stocks Have Fallen Behind. These Retail Names Still Stand Out.

UBS says the best consumer stocks share a handful of traits, including strong growth, solid returns, and an ability to exceed expectations. Viking Holdings, TJX, and Amazon are among its favorites.

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Bitcoin's high conviction holders are turning into sellers as the crypto's price hits new lows

Jun 3, 2026, 2:37 PM EDT - 5 hours ago

Bitcoin's high conviction holders are turning into sellers as the crypto's price hits new lows

In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.

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Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund

Jun 3, 2026, 2:25 PM EDT - 5 hours ago

Bernie Sanders unveils plan to take 50% stake in AI companies for government wealth fund

Sen. Bernie Sanders plans legislation to take 50% of stock in AI companies like OpenAI, Anthropic and xAI to create a sovereign wealth fund.

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Uber lays off almost a quarter of its HR and recruitment staff, but says it has nothing to do with AI

Jun 3, 2026, 2:24 PM EDT - 5 hours ago

Uber lays off almost a quarter of its HR and recruitment staff, but says it has nothing to do with AI

Uber is laying off 23% of its People and Places staff, the company said Wednesday. The layoffs affected employees in HR and recruitment roles.

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Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC

Jun 3, 2026, 2:23 PM EDT - 5 hours ago

Central banks buy net 17 tonnes of gold in April, led by Poland and China – WGC

After March saw central banks flip to net sellers of gold, the sovereign sector switched back to bullion purchases in April, according to the latest data from the World Gold Council (WGC).“Central ban...

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Industrial ETFs: Riding the Physical AI Supercycle

Jun 3, 2026, 2:20 PM EDT - 5 hours ago

Industrial ETFs: Riding the Physical AI Supercycle

Investors once shrugged off industrials as slow-growth cyclical businesses that lagged tech at every turn. But the AI boom has driven a significant re-rating of the sector.

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Demand For Reliable Power Is Fueling Nuclear Renaissance

Jun 3, 2026, 2:20 PM EDT - 5 hours ago

Demand For Reliable Power Is Fueling Nuclear Renaissance

The global energy landscape is leaning towards an emphasis on security and sustainability. Because of this shift, the role of nuclear power has gone from a debated alternative to a strategic necessity...

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Wellington Announces Plan to Buy Hartford Funds for $1.9B

Jun 3, 2026, 2:20 PM EDT - 5 hours ago

Wellington Announces Plan to Buy Hartford Funds for $1.9B

On Wednesday, June 3, Wellington Management and The Hartford announced that Wellington will be acquiring Hartford Funds. Once the acquisition is complete, Hartford Funds will operate under Wellington'...

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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Oil Tests New Highs

Jun 3, 2026, 2:14 PM EDT - 5 hours ago

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Oil Tests New Highs

Precious metals are under strong pressure as traders bet on hawkish central banks.

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SpaceX Rejects Another Wall Street Convention Ahead of IPO

Jun 3, 2026, 2:11 PM EDT - 5 hours ago

SpaceX Rejects Another Wall Street Convention Ahead of IPO

SpaceX plans to offer shares at $135 apiece to raise $75 billion in its IPO, rejecting yet another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Bloomberg's...

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