Alphabet's stock sale, Iran negotiations, Anthropic's IPO plans and more in Morning Squawk

Jun 2, 2026, 8:09 AM EDT - 6 minutes ago

Alphabet's stock sale, Iran negotiations, Anthropic's IPO plans and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

GOOG GOOGL


US FDA declines to approve Cingulate's ADHD drug

Jun 2, 2026, 8:08 AM EDT - 7 minutes ago

US FDA declines to approve Cingulate's ADHD drug

Cingulate ​said on ‌Tuesday that ​the ​U.S. Food ⁠and ​Drug Administration ​declined to approve ​its ​drug to ‌treat ⁠attention deficit hyperactivity ​disorder.

CING GOOGL


Travere licenses Everest's kidney disease drug in deal worth up to $1.14 billion

Jun 2, 2026, 8:07 AM EDT - 8 minutes ago

Travere licenses Everest's kidney disease drug in deal worth up to $1.14 billion

Travere Therapeutics said on Tuesday it has signed a licensing pact with privately held ​biotech Everest Medicines to develop and ‌commercialize an experimental kidney disease drug in a deal worth up ...

TVTX GOOGL


MetalQuest Mining to Conduct Site Visit to Lac Otelnuk and Superior Iron Projects Following Desktop Technical Work and Attend THE Mining Investment Event in Quebec City

Jun 2, 2026, 8:05 AM EDT - 10 minutes ago

MetalQuest Mining to Conduct Site Visit to Lac Otelnuk and Superior Iron Projects Following Desktop Technical Work and Attend THE Mining Investment Event in Quebec City

June 2, 2026 – TheNewswire - Rockport, Ontario - MetalQuest Mining Inc. ( TSXV: MQM; OTCQB: MQMIF) (“MetalQuest” or the “Company”) is pleased to announce that members of the Company's management and ...

TVTX GOOGL


Marvell stock could soar 410% and reach a $1 trillion valuation, Jensen Huang says

Jun 2, 2026, 8:03 AM EDT - 12 minutes ago

Marvell stock could soar 410% and reach a $1 trillion valuation, Jensen Huang says

Marvell Technology stock price has gone parabolic and moved to a record high, helped by the ongoing artificial intelligence boom and demand for custom chips. MRVL jumped to $225, up by 370% from its l...

MRVL GOOGL


How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap

Jun 2, 2026, 8:02 AM EDT - 13 minutes ago

How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap

Micron Technology's march toward a $1 trillion valuation is nothing ​if not dramatic: a year ago it was a little over $100 billion.

MU NVDA


Nvidia's new PC chips represent CEO Huang's bid to win at every layer of AI stack

Jun 2, 2026, 8:00 AM EDT - 15 minutes ago

Nvidia's new PC chips represent CEO Huang's bid to win at every layer of AI stack

Nvidia's announced entry into the PC chip market sent shares of AMD, Intel and Qualcomm lower on Monday as Wall Street recognized the threat. Jensen Huang, Nvidia's CEO, signaled his intent to "reinve...

NVDA NVDA


Oil prices drop after Trump tries to reassure traders that peace deal is coming

Jun 2, 2026, 7:57 AM EDT - 18 minutes ago

Oil prices drop after Trump tries to reassure traders that peace deal is coming

West Texas Intermediate and Brent crude's front-month contracts both edged lower after hitting monthly highs during Monday's session.

BNO DBO GUSH IEO OIH PXJ UCO


Meta expands teen content controls globally, tests new Instagram tool to diversify feeds

Jun 2, 2026, 7:50 AM EDT - 25 minutes ago

Meta expands teen content controls globally, tests new Instagram tool to diversify feeds

Meta is expanding its content settings for teen accounts on Instagram, Facebook and Messenger globally to ensure age-appropriate experiences ​for younger users, it said on Tuesday, as social ‌media pl...

META DBO GUSH IEO OIH PXJ UCO


S&P500: US Stocks Ease From Highs as Alphabet AI Spending Raises Questions

Jun 2, 2026, 7:44 AM EDT - 31 minutes ago

S&P500: US Stocks Ease From Highs as Alphabet AI Spending Raises Questions

US indices pull back from record highs as Alphabet's $80B AI funding plan weighs on sentiment, while Nvidia and HPE help limit losses.

IVV SPXL SPY SSO UPRO VOO UCO


Dollar General Posts Higher Profit, Sales

Jun 2, 2026, 7:43 AM EDT - 32 minutes ago

Dollar General Posts Higher Profit, Sales

Dollar General logged higher profit and sales in its fiscal first quarter as it opened new stores and as consumers continued relying on the company for low-cost goods.

DG SPXL SPY SSO UPRO VOO UCO


Genco Board Unanimously Rejects Diana Shipping's Latest Buyout Offer

Jun 2, 2026, 7:35 AM EDT - 40 minutes ago

Genco Board Unanimously Rejects Diana Shipping's Latest Buyout Offer

Genco Shipping & Trading's board has unanimously rejected Diana Shipping's revised unsolicited buyout offer, saying the offer continues to meaningfully undervalue the company and its assets.

DSX GNK SPY SSO UPRO VOO UCO


John Delaney's Forbright eyes $994 million in valuation in US IPO

Jun 2, 2026, 7:32 AM EDT - 43 minutes ago

John Delaney's Forbright eyes $994 million in valuation in US IPO

U.S. bank Forbright said ‌on Tuesday it was targeting a valuation of up to $993.8 ​million in its ​New York initial public offering.

FRBT GNK SPY SSO UPRO VOO UCO


Northern Lights Reports Strong Multi-Element Anomalies at Horetzky Copper Project, British Columbia Results from the 2025 Field Work

Jun 2, 2026, 7:30 AM EDT - 45 minutes ago

Northern Lights Reports Strong Multi-Element Anomalies at Horetzky Copper Project, British Columbia Results from the 2025 Field Work

Vancouver, BC – June 2 2026 - TheNewswire – Northern Lights Resources Corp. (CSE: NLR) (OTC: NLRCF)(FSE: 0ZH0)(“Northern Lights” or the “Company”) is pleased to report results from its 2025 field expl...

FRBT GNK SPY SSO UPRO VOO UCO


Philip Morris cuts annual profit forecast on cost pressure, weak pricing power

Jun 2, 2026, 7:29 AM EDT - 46 minutes ago

Philip Morris cuts annual profit forecast on cost pressure, weak pricing power

Philip Morris cut its annual profit forecast on Tuesday, with CEO Jacek Olczak citing margin pressure due to higher ​energy costs from the Iran conflict and currency ‌swings, at a time when consumers ...

PM GNK SPY SSO UPRO VOO UCO


Tesla's Chinese-made EV sales rise 39.4% in May

Jun 2, 2026, 7:29 AM EDT - 46 minutes ago

Tesla's Chinese-made EV sales rise 39.4% in May

Tesla's Chinese-made electric vehicle ​sales rose 39.4% from ‌a year earlier, extending six months of ​consecutive growth ​as the company held its ⁠ground in ​the face of intensifying ​competition fro...

TSLA GNK SPY SSO UPRO VOO UCO


Philip Morris to Post $500 Million Impairment on Canada Affiliate

Jun 2, 2026, 7:29 AM EDT - 46 minutes ago

Philip Morris to Post $500 Million Impairment on Canada Affiliate

Philip Morris International said it is booking a roughly $500 million impairment charge in the second quarter to reduce the carrying value of its investment in Canadian affiliate Rothmans Benson & Hed...

PM GNK SPY SSO UPRO VOO UCO


China's carmakers expand their presence in Europe

Jun 2, 2026, 7:25 AM EDT - 50 minutes ago

China's carmakers expand their presence in Europe

Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American brands, amid a global s...

XPEV GNK SPY SSO UPRO VOO UCO


Midstream: Robust Gas Backlogs Drive Growth Visibility

Jun 2, 2026, 7:22 AM EDT - 53 minutes ago

Midstream: Robust Gas Backlogs Drive Growth Visibility

North American natural gas demand is poised for a historic increase driven by growth in liquefied natural gas (LNG) exports and the demand for power, which includes data centers. This backdrop is driv...

DTM KMI LNG MPLX OKE PPL TRGP


Bra Sales Power Victoria's Secret Turnaround

Jun 2, 2026, 7:19 AM EDT - 56 minutes ago

Bra Sales Power Victoria's Secret Turnaround

The retailer swung to a $47.7 million profit in the first quarter, from a $1.7 million loss a year earlier.

DTM KMI LNG MPLX OKE PPL TRGP


Shoppers are treating themselves to bras and underwear at Victoria's Secret despite gas price gloom

Jun 2, 2026, 7:04 AM EDT - 1 hour ago

Shoppers are treating themselves to bras and underwear at Victoria's Secret despite gas price gloom

Victoria's Secret blew past Wall Street's expectations in its fiscal first quarter, reporting adjusted earnings per share that were double consensus estimates. The lingerie retailer raised its guidanc...

DTM KMI LNG MPLX OKE PPL TRGP


Signet Jewelers Reports Higher Sales, Raises Guidance

Jun 2, 2026, 7:02 AM EDT - 1 hour ago

Signet Jewelers Reports Higher Sales, Raises Guidance

Signet Jewelers lifted the low end of its guidance after reporting higher sales in the first quarter.

SIG KMI LNG MPLX OKE PPL TRGP


Dollar General raises annual profit forecast on resilient demand for discount goods

Jun 2, 2026, 7:01 AM EDT - 1 hour ago

Dollar General raises annual profit forecast on resilient demand for discount goods

Discount retailer Dollar General ‌raised its annual profit forecast on Tuesday, as shoppers seek affordable essentials amid ​economic uncertainty.

DG KMI LNG MPLX OKE PPL TRGP


Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell maker

Jun 2, 2026, 7:01 AM EDT - 1 hour ago

Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell maker

Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring doorbell cameras at friends and ​family members' homes collected and stored images o...

AMZN KMI LNG MPLX OKE PPL TRGP


Why the most important company to enable AI isn't Nvidia, according to this fund manager

Jun 2, 2026, 7:01 AM EDT - 1 hour ago

Why the most important company to enable AI isn't Nvidia, according to this fund manager

Portfolio manager Jonathan Cofsky talks about where to find the winners in the AI landscape and one company that is beating all comers.

TSM KMI LNG MPLX OKE PPL TRGP


Marvell Shares Soar In Premarket After Nvidia's Jensen Anoints Them As ‘Next Trillion Dollar Company'

Jun 2, 2026, 7:00 AM EDT - 1 hour ago

Marvell Shares Soar In Premarket After Nvidia's Jensen Anoints Them As ‘Next Trillion Dollar Company'

Marvell's stock price surged more than 25% premarket trading early on Tuesday to $274.58. The overnight surge follows a 7% rise in the stock's price on Monday.

MRVL KMI LNG MPLX OKE PPL TRGP


Meta Expands Safety Features for Teenagers

Jun 2, 2026, 7:00 AM EDT - 1 hour ago

Meta Expands Safety Features for Teenagers

The changes, after Meta's legal losses in two child safety cases, are aimed at limiting harmful content shown to teenagers on Instagram, Facebook and Messenger.

META KMI LNG MPLX OKE PPL TRGP


Pinnacle Receives More Positive Results from Second Round of Scoping Metallurgical Tests at El Potrero with Average Gold Recovery of 97.8% for the Main Dos de Mayo Vein

Jun 2, 2026, 7:00 AM EDT - 1 hour ago

Pinnacle Receives More Positive Results from Second Round of Scoping Metallurgical Tests at El Potrero with Average Gold Recovery of 97.8% for the Main Dos de Mayo Vein

VANCOUVER, BRITISH COLUMBIA – TheNewswire - June 2, 2026 - (TSXV: PINN, OTCQB: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. (" Pinnacle " or the “ Company ") is pleased to provide more posi...

META KMI LNG MPLX OKE PPL TRGP


MoneyGram Debuts MGUSD Stablecoin to Expand Blockchain Payments

Jun 2, 2026, 6:49 AM EDT - 1 hour ago

MoneyGram Debuts MGUSD Stablecoin to Expand Blockchain Payments

MoneyGram has launched its own stablecoin as it builds its blockchain payments infrastructure.  The native U.S. dollar coin, MGUSD, is designed less for crypto natives than for people who need to move...

META KMI LNG MPLX OKE PPL TRGP


Private equity firm JC Flowers buys Monte Paschi's French division

Jun 2, 2026, 6:47 AM EDT - 1 hour ago

Private equity firm JC Flowers buys Monte Paschi's French division

Private equity firm JC Flowers has agreed ​to buy the French ‌arm of Italian bank Monte dei Paschi di Siena (MPS) for ​an undisclosed sum, JC ​Flowers said on Tuesday.

META KMI LNG MPLX OKE PPL TRGP


The Stock Market Should Be More Worried About Google's AI Funding Plan

Jun 2, 2026, 6:47 AM EDT - 1 hour ago

The Stock Market Should Be More Worried About Google's AI Funding Plan

Anthropic files confidential IPO paperwork, Marvell can be the next trillion-dollar company, IBM stock notches record high, and more news to start your day.

GOOG GOOGL LNG MPLX OKE PPL TRGP


Fulcrum plummets 50% after scrapping lead sickle-cell drug on FDA concerns

Jun 2, 2026, 6:39 AM EDT - 1 hour ago

Fulcrum plummets 50% after scrapping lead sickle-cell drug on FDA concerns

Shares of Fulcrum Therapeutics plunged 50% in premarket trading on Tuesday after the company said it would abandon development of its experimental sickle-cell disease drug following cancer-risk ​conce...

FULC GOOGL LNG MPLX OKE PPL TRGP


Broadcom Stock Is Getting a Double Boost From Google and Marvell

Jun 2, 2026, 6:36 AM EDT - 1 hour ago

Broadcom Stock Is Getting a Double Boost From Google and Marvell

Google's plan to raise $80 billion bodes well for the AI chip maker.

AVGO GOOGL LNG MPLX OKE PPL TRGP


DHL Express considers aviation fuel supplies secure for summer despite Iran war

Jun 2, 2026, 6:31 AM EDT - 1 hour ago

DHL Express considers aviation fuel supplies secure for summer despite Iran war

DHL Express Europe considers its aviation fuel supplies secure for the summer months ​despite the uncertainty created by the Iran ‌war, helped by easing market pressures and diversified sourcing, its ...

AVGO GOOGL LNG MPLX OKE PPL TRGP


Headwater Gold and OceanaGold Commence Drilling at Jake Creek Project, Nevada

Jun 2, 2026, 6:30 AM EDT - 1 hour ago

Headwater Gold and OceanaGold Commence Drilling at Jake Creek Project, Nevada

Vancouver, British Columbia - TheNewswire - June 2, 2026:  Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the “Company” or “Headwater”) is pleased to announce the commencement of drilling at its Jake ...

OGC GOOGL LNG MPLX OKE PPL TRGP


INEOS signs LNG supply agreement with Marubeni Corporation

Jun 2, 2026, 6:27 AM EDT - 1 hour ago

INEOS signs LNG supply agreement with Marubeni Corporation

INEOS Energy ​said on Tuesday it ‌has signed a liquefied natural gas supply agreement with ​Marubeni Corporation for ​delivery into Asia from 2029.

OGC GOOGL LNG MPLX OKE PPL TRGP


ADNOC trading chief flags August as tipping point for oil prices

Jun 2, 2026, 6:25 AM EDT - 1 hour ago

ADNOC trading chief flags August as tipping point for oil prices

August could mark a tipping point for much higher oil prices if demand rises ​and the Iran war supply crisis persists, an ‌Abu Dhabi state oil company executive said on Tuesday, adding it could take u...

BNO DBO GUSH IEO OIH PXJ UCO


Nvidia Stock Pops as Cathie Wood's ARK Piles In, Sells This Rival Chip Maker's Shares

Jun 2, 2026, 6:21 AM EDT - 1 hour ago

Nvidia Stock Pops as Cathie Wood's ARK Piles In, Sells This Rival Chip Maker's Shares

Nvidia stock was gaining after Cathie Wood's ARK Invest funds acquired a total of 300,017 Nvidia shares on Monday.

NVDA DBO GUSH IEO OIH PXJ UCO


Nvidia's Jensen Huang says Marvell could be the next trillion-dollar company; stock jumps 25%

Jun 2, 2026, 6:10 AM EDT - 2 hours ago

Nvidia's Jensen Huang says Marvell could be the next trillion-dollar company; stock jumps 25%

Nvidia's CEO Jensen Huang says Marvel Technology is the "next trillion dollar company." Marvell Technology surged in premarket trading on Huang's comments.

MRVL NVDA GUSH IEO OIH PXJ UCO


Warren Buffett's successor is finally putting his nearly $400 billion cash pile to work

Jun 2, 2026, 6:07 AM EDT - 2 hours ago

Warren Buffett's successor is finally putting his nearly $400 billion cash pile to work

Berkshire Hathaway finally seems to be putting Warren Buffett's cash pile to work. It agreed to buy $10 billion of Alphabet stock the day after announcing an $8.5 billion acquisition.

GOOG GOOGL GUSH IEO OIH PXJ UCO


Microsoft expected to showcase new PC, cloud AI tools at developer conference

Jun 2, 2026, 6:06 AM EDT - 2 hours ago

Microsoft expected to showcase new PC, cloud AI tools at developer conference

Microsoft will hold its annual software developer conference on Tuesday, where the company is expected to showcase ​new tools for developers building AI software for PCs and ‌the cloud.

MSFT GOOGL GUSH IEO OIH PXJ UCO


Gold is an awkward asset for central banks to hold. It's now moved ahead of U.S. debt anyway.

Jun 2, 2026, 5:56 AM EDT - 2 hours ago

Gold is an awkward asset for central banks to hold. It's now moved ahead of U.S. debt anyway.

The debt of the world's biggest economy is no longer the primary reserve asset for central banks worldwide.

AAAU BAR DBP GLD GLDM IAU OUNZ


Nvidia's Huang said Marvell could join the trillion-dollar club — and the stock immediately surges

Jun 2, 2026, 5:53 AM EDT - 2 hours ago

Nvidia's Huang said Marvell could join the trillion-dollar club — and the stock immediately surges

Nvidia CEO Jensen Huang called the semiconductor company “so essential” to the development of artificial intelligence.

MRVL NVDA DBP GLD GLDM IAU OUNZ


Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Jun 2, 2026, 5:49 AM EDT - 2 hours ago

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Arm Holdings CEO Rene Haas said on Tuesday that it would be ​difficult to block the export to China of CPUs that are ‌useful for AI because of their widespread use and as it would be difficult to bloc...

ARM NVDA DBP GLD GLDM IAU OUNZ


STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says

Jun 2, 2026, 5:43 AM EDT - 2 hours ago

STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says

STMicroelectronics is likely to decide on ‌a further expansion of its Crolles chipmaking site in France by the end ​of 2026, as demand for ​silicon photonics used in AI data ⁠centres accelerates, its ...

STM NVDA DBP GLD GLDM IAU OUNZ


Berkshire Hathaway's $6.8 billion deal to acquire a major home builder reflects its conviction that the housing market will shake off its long slump and recover as it always has

Jun 2, 2026, 5:30 AM EDT - 2 hours ago

Berkshire Hathaway's $6.8 billion deal to acquire a major home builder reflects its conviction that the housing market will shake off its long slump and recover as it always has

Under its new chief executive, Greg Abel, Berkshire raises its bet on a market recovery by adding another housing company to its portfolio.

STM NVDA DBP GLD GLDM IAU OUNZ


Why ‘Nvidia Inside' Can Work in the PC Market

Jun 2, 2026, 5:30 AM EDT - 2 hours ago

Why ‘Nvidia Inside' Can Work in the PC Market

The world's only $5 trillion company can sell the concept that AI computing won't be confined to data centers.

NVDA NVDA DBP GLD GLDM IAU OUNZ


Costco is selling wild amounts of protein as whey shortages loom

Jun 2, 2026, 5:29 AM EDT - 2 hours ago

Costco is selling wild amounts of protein as whey shortages loom

Protein-packed foods and drinks are a huge hit at Costco, the company said last week. The popularity of GLP-1 drugs is fueling a broad demand for added protein in just about everything.

COST NVDA DBP GLD GLDM IAU OUNZ


Dell Stock Chases Longest Winning Run in 8 Years After Doubling in 8 Days

Jun 2, 2026, 5:25 AM EDT - 2 hours ago

Dell Stock Chases Longest Winning Run in 8 Years After Doubling in 8 Days

The PC and server maker is on track to lock in its longest winning run in more than eight years.

DELL NVDA DBP GLD GLDM IAU OUNZ


Oil products shipments exit Hormuz, LNG tanker loads at UAE

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

Oil products shipments exit Hormuz, LNG tanker loads at UAE

Two tankers carrying oil products exited ​the Strait of Hormuz over the past week, while a liquefied natural gas carrier loaded cargo ‌in the United Arab Emirates, shipping data showed - rare movement...

BNO DBO GUSH IEO OIH PXJ UCO


Eurozone Inflation Climbs Further as ECB Weighs Rate Hike

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

Eurozone Inflation Climbs Further as ECB Weighs Rate Hike

Inflation rose to 3.2% in May, a fourth-straight increase and the highest level since September 2023.

BBEU DBEF DBEU DFE EDEN EPOL EWD


Oil Prices Fall as Trump Says Iran Peace Talks Are Going Ahead

Jun 2, 2026, 5:03 AM EDT - 3 hours ago

Oil Prices Fall as Trump Says Iran Peace Talks Are Going Ahead

Brent crude and WTI crude prices were slipping as President Donald Trump said peace negotiations with Iran were continuing.

BNO DBO GUSH IEO OIH PXJ UCO


BP says it is set to transfer running of BTC pipeline to Azerbaijan's SOCAR

Jun 2, 2026, 5:01 AM EDT - 3 hours ago

BP says it is set to transfer running of BTC pipeline to Azerbaijan's SOCAR

British energy major BP said on ​Tuesday it was on track to hand ‌over the running of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline to Azerbaijan's SOCAR from July 1 as part of ​a contractual obligation.

BP DBO GUSH IEO OIH PXJ UCO


Nvidia's Huang Says Marvell May Join $1 Trillion Club

Jun 2, 2026, 4:48 AM EDT - 3 hours ago

Nvidia's Huang Says Marvell May Join $1 Trillion Club

Jensen Huang says Marvell Technology could be the next chip firm to join the trillion-dollar club, predicting a surge in demand for AI hardware fueled by the emergence of autonomous models.

MRVL NVDA GUSH IEO OIH PXJ UCO


Abivax Shares Plunge After Company Reports Adverse Events in Key Drug Trial

Jun 2, 2026, 4:45 AM EDT - 3 hours ago

Abivax Shares Plunge After Company Reports Adverse Events in Key Drug Trial

The biotech said some patients developed cancer in a late-stage clinical trial for the bowel-disease drug that were unrelated to the treatment.

ABVX NVDA GUSH IEO OIH PXJ UCO


Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'

Jun 2, 2026, 4:44 AM EDT - 3 hours ago

Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'

Marvell Technology's shares ​surged more than ‌24% in premarket trading on Tuesday ​after Nvidia CEO ​Jensen Huang called the chipmaker ⁠the next "trillion-dollar company."

MRVL NVDA GUSH IEO OIH PXJ UCO


Google parent Alphabet to raise $80 bn to fuel AI expansion

Jun 2, 2026, 4:40 AM EDT - 3 hours ago

Google parent Alphabet to raise $80 bn to fuel AI expansion

Google parent Alphabet announced Monday it plans to raise up to $80 billion in stock to fund a major expansion of its artificial intelligence (AI) infrastructure, with Warren Buffett's Berkshire Hatha...

GOOG GOOGL GUSH IEO OIH PXJ UCO


Google owner Alphabet to sell $80bn in stock to fund AI spending spree

Jun 2, 2026, 4:38 AM EDT - 3 hours ago

Google owner Alphabet to sell $80bn in stock to fund AI spending spree

One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway

GOOG GOOGL GUSH IEO OIH PXJ UCO


Japan's newly crowned top company gets a downgrade on AI ‘mania' concerns

Jun 2, 2026, 4:35 AM EDT - 3 hours ago

Japan's newly crowned top company gets a downgrade on AI ‘mania' concerns

Deutsche Bank analyst downgraded SoftBank to hold.

GOOG GOOGL GUSH IEO OIH PXJ UCO


HPE surges 29% as AI infrastructure boom boosts server demand

Jun 2, 2026, 4:29 AM EDT - 3 hours ago

HPE surges 29% as AI infrastructure boom boosts server demand

Hewlett Packard Enterprise shares rallied nearly 29% in premarket trade on Tuesday, as investors cheered the AI server maker ​pulling forward its long-term financial targets by two years, buoyed by ‌s...

HPE GOOGL GUSH IEO OIH PXJ UCO


Oil Pares Gains After Trump Efforts to Broker Israel-Hezbollah Ceasefire

Jun 2, 2026, 4:29 AM EDT - 3 hours ago

Oil Pares Gains After Trump Efforts to Broker Israel-Hezbollah Ceasefire

U.S. stock futures were in the red after Asian markets broadly slipped, though European stocks were buoyed by AI exuberance.

BNO DBO GUSH IEO OIH PXJ UCO


Estee Lauder still open to acquisitions after failed Puig talks, CEO says

Jun 2, 2026, 4:25 AM EDT - 3 hours ago

Estee Lauder still open to acquisitions after failed Puig talks, CEO says

An Estee Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the ​price tag, Stephane de La Faverie, President ‌and CEO of the U.S. cosmetics maker said on Tuesday, but ad...

EL DBO GUSH IEO OIH PXJ UCO


Abivax stock crashes as safety fears overshadow bowel disease drug trial win

Jun 2, 2026, 4:21 AM EDT - 3 hours ago

Abivax stock crashes as safety fears overshadow bowel disease drug trial win

Abivax shares fell 31% even after the French biotech reported strong late-stage data for obefazimod, its experimental treatment for ulcerative colitis. The once-daily oral therapy met the main goal an...

ABVX DBO GUSH IEO OIH PXJ UCO


Abivax shares sink after key trial results for inflammatory bowel drug

Jun 2, 2026, 4:21 AM EDT - 3 hours ago

Abivax shares sink after key trial results for inflammatory bowel drug

Abivax shares tumbled on Tuesday after the French biotech reported late-stage data for its experimental inflammatory bowel drug, with investors focusing on safety concerns even as the treatment ​showe...

ABVX DBO GUSH IEO OIH PXJ UCO


Marvell Stock Soars. Why Nvidia CEO Says It Will Hit $1 Trillion

Jun 2, 2026, 4:20 AM EDT - 3 hours ago

Marvell Stock Soars. Why Nvidia CEO Says It Will Hit $1 Trillion

Marvell stock was rising after Nvidia CEO Jensen Huang gave the company a big vote of confidence.

MRVL NVDA GUSH IEO OIH PXJ UCO


British American Tobacco Cuts Cigarette Outlook But Expects Lift in New-Category Revenue

Jun 2, 2026, 4:18 AM EDT - 3 hours ago

British American Tobacco Cuts Cigarette Outlook But Expects Lift in New-Category Revenue

The company said global industry volumes in its traditional cigarette market would likely be lower than previously expected this year.

BTI NVDA GUSH IEO OIH PXJ UCO


Uber is facing a David-and-Goliath battle in a 'must-win' market

Jun 2, 2026, 4:11 AM EDT - 4 hours ago

Uber is facing a David-and-Goliath battle in a 'must-win' market

Rapido has become one of the leading ride-hailing providers in India. The startup was founded in 2015, two years after Uber first launched a service in the country.

UBER NVDA GUSH IEO OIH PXJ UCO


HPE stock soars 36% as AI server boom fuels record quarter, outlook raised

Jun 2, 2026, 4:05 AM EDT - 4 hours ago

HPE stock soars 36% as AI server boom fuels record quarter, outlook raised

Hewlett Packard Enterprise shares surged more than 36% in after-hours trading after the company reported record second-quarter results and raised its growth outlook, underscoring the strength of enter...

HPE NVDA GUSH IEO OIH PXJ UCO


OpenAI draws a line between the company and a cofounder's political donations

Jun 2, 2026, 4:04 AM EDT - 4 hours ago

OpenAI draws a line between the company and a cofounder's political donations

OpenAI's president has donated millions of dollars to a pro-AI political network. The AI company said on Monday it has not donated to any super PACs or political campaigns.

HPE NVDA GUSH IEO OIH PXJ UCO


Fiserv Co-President Dhivya Suryadevara Says AI Could Be Banks' Shortcut to Modernization

Jun 2, 2026, 4:03 AM EDT - 4 hours ago

Fiserv Co-President Dhivya Suryadevara Says AI Could Be Banks' Shortcut to Modernization

Banks spent years treating core modernization as a lengthy infrastructure project. Dhivya Suryadevara believes artificial intelligence may alter that timetable.

FISV NVDA GUSH IEO OIH PXJ UCO


Huntington Bank Joins Push to Make Big Payments More Resilient

Jun 2, 2026, 4:02 AM EDT - 4 hours ago

Huntington Bank Joins Push to Make Big Payments More Resilient

For years, payment infrastructure was treated as plumbing: necessary and expensive. But increasingly, financial institutions are approaching it differently, weighing payment architecture as part of li...

HBAN NVDA GUSH IEO OIH PXJ UCO


Stock Market Today: Oil Prices Slip, U.S. Stock Futures Pause

Jun 2, 2026, 4:01 AM EDT - 4 hours ago

Stock Market Today: Oil Prices Slip, U.S. Stock Futures Pause

Bond yields ease after Trump pushes for Israel-Hezbollah halt in fighting

BNO DBO GUSH IEO OIH PXJ UCO


Rolls-Royce share price has recoiled: will it jump to 1,500p in June?

Jun 2, 2026, 4:00 AM EDT - 4 hours ago

Rolls-Royce share price has recoiled: will it jump to 1,500p in June?

Rolls-Royce's share price is having a more difficult year than it did in 2025, when it surged to a record high. While it has jumped 21.8% over the past six months, it remains up just 10% year to date.

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STMicroelectronics Shares Rally After Chip Maker Raises Data-Center Revenue Target

Jun 2, 2026, 3:59 AM EDT - 4 hours ago

STMicroelectronics Shares Rally After Chip Maker Raises Data-Center Revenue Target

Paris-listed shares were up 8.2%, adding to a rally that has led the stock to nearly triple its value since the start of the year.

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UniCredit set to exceed 30% stake in Commerzbank, Bloomberg News reports

Jun 2, 2026, 3:50 AM EDT - 4 hours ago

UniCredit set to exceed 30% stake in Commerzbank, Bloomberg News reports

Italy's UniCredit ​has secured ‌commitments that ​will ​take its stake ⁠in ​Commerzbank well ​above 30%, Bloomberg News ​reported ​on Tuesday, citing ‌people ⁠familiar with the ​matter.

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Anthropic files confidentially for U.S. listing

Jun 2, 2026, 3:49 AM EDT - 4 hours ago

Anthropic files confidentially for U.S. listing

Anthropic is joining the A.I. IPO race, filing confidentially following last week's latest funding session revealed the company being valued at close to $1tn.

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Stellantis to produce three new Peugeot models in Mulhouse

Jun 2, 2026, 3:45 AM EDT - 4 hours ago

Stellantis to produce three new Peugeot models in Mulhouse

Stellantis will produce three new ​electric and hybrid Peugeot models ‌in its Mulhouse factory from 2029, it said on Tuesday, part of a ​revamped global that includes a major ​new product blitz.

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Oil Price Forecast: WTI and Brent Slide as Iran Talks Keep Hormuz Risk High

Jun 2, 2026, 3:44 AM EDT - 4 hours ago

Oil Price Forecast: WTI and Brent Slide as Iran Talks Keep Hormuz Risk High

Crude oil prices remain volatile as U.S.-Iran peace talks, Strait of Hormuz risks, and tight supply conditions keep WTI and Brent trapped in broad consolidation ranges.

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European Gas Prices Fall But Winter Supply Risks Loom

Jun 2, 2026, 3:38 AM EDT - 4 hours ago

European Gas Prices Fall But Winter Supply Risks Loom

European natural-gas prices fell after President Trump said talks with Iran were continuing, though losses were limited by uncertainty about whether they'll reach an agreement.

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SK Hynix plans major capacity expansion amid continued AI-driven demand

Jun 2, 2026, 3:37 AM EDT - 4 hours ago

SK Hynix plans major capacity expansion amid continued AI-driven demand

SK Group Chairman Chey Tae-won said on Tuesday that the company's memory chip subsidiary, SK Hynix, plans to double its wafer capacity over the next five years as demand for advanced semiconductor pro...

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Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update

Jun 2, 2026, 3:20 AM EDT - 4 hours ago

Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update

Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update

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SK Hynix plans to double wafer capacity in next five years, group chairman says

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

SK Hynix plans to double wafer capacity in next five years, group chairman says

The chairman of South Korea's SK Group said on Tuesday its ​memory chip unit SK Hynix aims to double ‌wafer capacity over the next five years.

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Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Metals — Will XAU & XAG Extend Gains?

Jun 2, 2026, 3:04 AM EDT - 5 hours ago

Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Metals — Will XAU & XAG Extend Gains?

The ongoing US-Iran ceasefire allowed gold and silver to focus on technical recoveries. Gold defended $4,534 support with bullish continuation while silver surged above $76.55.

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Natural Gas and Oil Forecast: WTI Breakdown Below $92 While Brent Tests $94 — NatGas Holding Strong?

Jun 2, 2026, 2:56 AM EDT - 5 hours ago

Natural Gas and Oil Forecast: WTI Breakdown Below $92 While Brent Tests $94 — NatGas Holding Strong?

With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.14, Brent tests channel ...

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Alphabet to raise $80bn from share sales to fund AI spending splurge – business live

Jun 2, 2026, 2:49 AM EDT - 5 hours ago

Alphabet to raise $80bn from share sales to fund AI spending splurge – business live

Rolling coverage of the latest economic and financial news

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SMFG calls for clear BOJ normalisation roadmap after June hike

Jun 2, 2026, 2:45 AM EDT - 5 hours ago

SMFG calls for clear BOJ normalisation roadmap after June hike

The Bank of Japan should provide a clear roadmap for policy normalisation following an anticipated interest rate increase in June to help stabilise the government bond market, according to Arihiro Nag...

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What smart people are saying about Anthropic's IPO

Jun 2, 2026, 2:32 AM EDT - 5 hours ago

What smart people are saying about Anthropic's IPO

Anthropic has joined what could be the biggest tech IPO wave in years, filing confidentially to go public. The move comes amid SpaceX's IPO plans and expectations for an OpenAI debut.

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STMicroelectronics raises data centre revenue target on AI demand

Jun 2, 2026, 2:11 AM EDT - 6 hours ago

STMicroelectronics raises data centre revenue target on AI demand

STMicroelectronics raised the ​revenue target ‌for its data centre business ​on ​Tuesday, citing continued ⁠strong demand ​tied to ​AI infrastructure and progress in expanding ​capacity.

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Nvidia secures AI chip supply as Jensen Huang signals massive growth ahead

Jun 2, 2026, 2:09 AM EDT - 6 hours ago

Nvidia secures AI chip supply as Jensen Huang signals massive growth ahead

Nvidia Chief Executive Officer Jensen Huang said the company has secured enough supply to support strong growth in central and graphics processors, even as demand for artificial intelligence keeps the...

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Has India missed the AI boat? South Korea now ahead in market cap

Jun 2, 2026, 2:04 AM EDT - 6 hours ago

Has India missed the AI boat? South Korea now ahead in market cap

Venugopal Garre, Managing Director and Head of India Research at Bernstein, discusses India's AI ambitions. He sees opportunities in India's capital equipment and data center developer companies as wa...

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Wedgemount Announces Operational Update

Jun 2, 2026, 2:00 AM EDT - 6 hours ago

Wedgemount Announces Operational Update

Vancouver, BC – TheNewswire - June 2, 2026 - Wedgemount Resources Corp. (CSE: WDGY) (FSE: 8H5) (“ Wedgemount ” or the “ Company ”), is pleased to provide an operational update on its ongoing productio...

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Arm names ByteDance and Oracle as users of its AI data centre CPUs

Jun 2, 2026, 1:44 AM EDT - 6 hours ago

Arm names ByteDance and Oracle as users of its AI data centre CPUs

Arm Holdings has named ByteDance and Oracle as customers for its artificial intelligence data centre chips, marking a notable disclosure for the UK-based chip designer as it seeks a larger role in the...

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Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation

Jun 2, 2026, 1:34 AM EDT - 6 hours ago

Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation

Amazon's annual Prime Day event is scheduled for June 23 through June 26. The four-day shopping fest comes after U.S. consumer sentiment dropped in May to a record low.

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Amazon moves Prime Day back to June, keeps it a four-day event

Jun 2, 2026, 1:06 AM EDT - 7 hours ago

Amazon moves Prime Day back to June, keeps it a four-day event

Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years, citing ​major holidays and sporting events as factors in its de...

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EasyJet lures takeover interest as investors spot a bargain

Jun 2, 2026, 1:01 AM EDT - 7 hours ago

EasyJet lures takeover interest as investors spot a bargain

British budget airline easyJet has caught the eye of U.S. investment firm Castlelake for a possible takeover.

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‘GOOD STOCK': Why Microsoft just got a MAJOR vote of confidence

Jun 2, 2026, 1:00 AM EDT - 7 hours ago

‘GOOD STOCK': Why Microsoft just got a MAJOR vote of confidence

Citi co-head of U.S. software equity research Tyler Radke offers insight into the software revival and unpacks the impact of artificial intelligence on ‘Making Money.' #fox #media #breakingnews #us #u...

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Palo Alto Reports Earnings as It Prepares for AI Security

Jun 2, 2026, 1:00 AM EDT - 7 hours ago

Palo Alto Reports Earnings as It Prepares for AI Security

Palo Alto Networks reports earnings Tuesday as the cybersecurity company integrates CyberArk and positions itself to secure AI agents across enterprise networks.

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Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'

Jun 2, 2026, 12:18 AM EDT - 7 hours ago

Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'

The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head ​of Australia's biggest bank said on Tuesday, calling the expense a ‌key emerging...

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Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment

Jun 2, 2026, 12:16 AM EDT - 7 hours ago

Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment

Asian equities fell on Tuesday as doubts over a Middle East ceasefire weighed on risk appetite, offsetting optimism around artificial intelligence funding and potential listings. MSCI's Asia-Pacific i...

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Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices

Jun 2, 2026, 12:13 AM EDT - 8 hours ago

Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices

U.S Trade Representative Jamieson Greer said that the investigation under Section 301 was launched at the direction of U.S. President Donald Trump.

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