Market News - Mboum.com

Jun 2, 2026, 9:05 PM EDT - 42 minutes ago

Gold Futures' Technical Backdrop Likely Improved, Charts Show

Gold futures' technical backdrop has likely improved in recent weeks, StoneX's Matt Simpson says in commentary. Prices have repeatedly found support around $4,400 an ounce and momentum indicators are ...

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Jun 2, 2026, 9:04 PM EDT - 43 minutes ago

Applied Aerospace & Defense raises $650 million in US IPO, Bloomberg News reports

Private equity-backed government contractor Applied Aerospace & Defense has raised $650 million in its U.S. initial public offering after pricing shares at $20 each, Bloomberg ‌News reported on Tuesd...

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Jun 2, 2026, 9:00 PM EDT - 47 minutes ago

America's Data Center Build-Out Is Falling Way Behind Schedule

Google, which is raising a fresh $80 billion, has a strategy for getting around the biggest bottleneck.

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Jun 2, 2026, 8:53 PM EDT - 54 minutes ago

South Korea secures access to Anthropic's Mythos AI model, Science Ministry says

South Korea's Science Ministry said on Wednesday that the Korea Internet & Security Agency (KISA) had secured access to ‌Anthropic's cybersecurity AI model, Mythos, through participation in the compa...

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Jun 2, 2026, 8:50 PM EDT - 57 minutes ago

Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway

Oil prices edged higher as investors weighed uncertainty over U.S.-Iran talks. U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles.

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Jun 2, 2026, 8:36 PM EDT - 1 hour ago

Oil prices rise as new Middle East hostilities flare and talks stall

Oil prices climbed more than 1% in early trade on Wednesday as hostilities in the Middle East erupted anew with Iran firing missiles at Kuwait and Bahrain, while diplomatic talks ‌between Iran and th...

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Jun 2, 2026, 8:36 PM EDT - 1 hour ago

How FRE Nicotine Pouches landed a first-of-its-kind sponsorship with UFC and TKO properties

As the nicotine pouch market continues to surge, FRE Nicotine Pouches became UFC's first official nicotine pouch partner in a landmark deal with TKO Group Holdings.

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Jun 2, 2026, 8:33 PM EDT - 1 hour ago

Australia approves Ampol's $789 million acquisition of EG Australia

Australia's competition watchdog on Wednesday approved Ampol's A$1.1 billion ($789.47 million) acquisition of EG Australia, the local arm of Britain's EG Group, subject to the ‌divestment of 41 Ampol...

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Jun 2, 2026, 8:26 PM EDT - 1 hour ago

Exclusive: SpaceX plans to raise $75 billion in IPO at $135 per share, source says

SpaceX plans to raise $75 billion ⁠in its initial public offering by selling 555.6 million shares at a ‌target ⁠price of $135 per share, a source familiar ⁠with the matter told Reuters.

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Jun 2, 2026, 7:54 PM EDT - 1 hour ago

Palo Alto Networks CEO Nikesh Arora goes one-on-on with Jim Cramer

Palo Alto Networks CEO Nikesh Arora joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of cybersecurity, AI integration, and more.

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Jun 2, 2026, 7:44 PM EDT - 2 hours ago

Oil Rises Amid Signs of U.S.-Iran Peace Talks Stalling

Oil prices gained amid signs that U.S.-Iran peace talks may struggle to remain on track.

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Jun 2, 2026, 7:20 PM EDT - 2 hours ago

Dollar General Attracts All Income Groups as Economic Pressures Mount

Dollar General's core customers are cutting back on food purchases and other household expenses due to rising gas prices and reductions in SNAP benefit payments, CEO Todd Vasos said Tuesday (June 2).

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Jun 2, 2026, 7:11 PM EDT - 2 hours ago

Bayer says no plans to restructure despite litigation threat

Bayer has no plans to spin off Monsanto, a representative said on Tuesday, ‌even as the company faces an avalanche of lawsuits over its Roundup weedkiller.

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Jun 2, 2026, 7:10 PM EDT - 2 hours ago

Yocale.ai Appoints Former Electronic Arts CTO Marija Radulovic-Nastic to Advisory Board as Data and Intelligence Advisor

Radulovic-Nastic brings more than two decades of experience scaling AI and engineering at one of the world's largest interactive entertainment companies. VANCOUVER, British Columbia, June 2, 2026 – Th...

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Jun 2, 2026, 7:06 PM EDT - 2 hours ago

UK lawmakers call Palantir's role in public sector an unacceptable weakness

A parliamentary committee ‌singled out U.S. tech group Palantir as an instance of Britain's over-reliance on U.S. companies in the public sector, calling it an "unacceptable point of weakness" in a re...

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Jun 2, 2026, 7:05 PM EDT - 2 hours ago

Enel eyes agreement with Brazil regulator over Sao Paulo power contract

Italy's Enel met with Brazil's power regulator last week, according to official minutes of the meeting, which occurred amid a spat over the firm's ‌concession in Sao Paulo, with authorities consideri...

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Jun 2, 2026, 6:55 PM EDT - 2 hours ago

Palo Alto CEO says customer meeting requests have surged amid AI security concerns

Palo Alto Networks CEO Nikesh Arora said artificial intelligence is increasing demand for cybersecurity solutions. He said customer engagement has surged as organizations seek help preparing for AI-re...

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Jun 2, 2026, 6:40 PM EDT - 3 hours ago

Alibaba's Qwen3.7-Plus supports text, video and imagery inputs at low cost of $0.4/$1.6 per 1M token — but it's proprietary

Alibaba this week released Qwen3.7-Plus, the latest AI large language model (LLM) in its globally beloved and increasingly expansive Qwen family, boasting more multimodal capabilities and a 60% lower ...

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Jun 2, 2026, 6:34 PM EDT - 3 hours ago

Microsoft Build 2026: See the Highlights in 15 Minutes

See all the biggest announcements from Microsoft CEO, Satya Nadella at Microsoft's Build conference in San Francisco. Microsoft showed off it's native OpenClaw app for Windows, new Unmetered Agentic A...

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Jun 2, 2026, 6:32 PM EDT - 3 hours ago

Mary Jo Foley: No Copilot ‘Super App' at Microsoft Build, but plenty of agentic fodder

The token-hungry developers were there. Nvidia CEO Jensen Huang was there (virtually). The Chainsmokers were there. But Microsoft's rumored Copilot “Super App” was not.

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Jun 2, 2026, 6:24 PM EDT - 3 hours ago

Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification

CNBC's Jim Cramer said investors should consider adding exposure to out-of-favor sectors if investors begin rotating away from high-flying technology stocks. He highlighted JPMorgan, Johnson & Johnson...

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Jun 2, 2026, 6:22 PM EDT - 3 hours ago

ChatGPT app hits 1 billion monthly active users in record time, data shows

OpenAI's ChatGPT has crossed 1 billion global monthly active app users, becoming the fastest app ever to reach the milestone, ‌according to estimates from market intelligence firm Sensor Tower.

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Jun 2, 2026, 6:18 PM EDT - 3 hours ago

Australia's Megaport secures four new AI infrastructure contracts, to raise $594 million

Australia's Megaport said on Wednesday it has secured four new AI infrastructure contracts with a combined total contract value ‌of about A$458.9 million ($329.49 million), and launched a fully under...

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Jun 2, 2026, 6:17 PM EDT - 3 hours ago

GameStop wants to buy back $2 billion of its own stock after an eBay-fueled selloff

The videogame retailer also said that collectibles helped drive a 14% sales gain in the first quarter.

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Jun 2, 2026, 6:07 PM EDT - 3 hours ago

Iran has mined 'large segments' of Hormuz Strait, Secretary of State Rubio says

Secretary of State Macro Rubio indicated to the Senate Foreign Relations Committee that mines in the Strait of Hormuz pose a significant threat. It is unclear how many mines Iran has laid in the sea l...

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Jun 2, 2026, 6:06 PM EDT - 3 hours ago

Biz group shells out $200K for NBA Finals ad ripping NYC bill aimed at forcing Amazon to hire thousands of delivery workers

Amazon is ramping up pressure on the City Council not to pass the so-called Delivery Protection Act, running its first television ad during the first game of the NBA finals on ESPN on Wednesday, The P...

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

Zonetail Announces Closing Private Placement of Shares

Toronto, Canada – June 2, 2026 – TheNewswire - (TSXV:ZONE) - Zonetail Inc. ("Zonetail" or the "Company") is pleased to announce the closing (the “Closing”) of the first tranche of non-brokered privat...

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Jun 2, 2026, 5:49 PM EDT - 3 hours ago

Microsoft Build event in 25 minutes

Microsoft just wrapped its annual Build conference for 2026. Along with agent-first Windows updates, we got a look at the Surface RTX Spark Dev Box, powered by Nvidia's new Arm-based RTX Spark chips.

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Jun 2, 2026, 5:43 PM EDT - 4 hours ago

Exclusive: Cigna drops coverage of GLP-1 obesity drugs for its own employees

Health insurer Cigna will stop covering GLP-1 weight-loss ‌drugs including Novo Nordisk's Wegovy and Eli Lilly's Zepbound in its employee health plan effective July 1, according to ⁠materials viewe...

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Jun 2, 2026, 5:43 PM EDT - 4 hours ago

CopperTech Metals reports revenue surge in US IPO filing

CopperTech Metals reported a jump in revenue in its filing for U.S. initial public offering on Tuesday, as it looks to capitalize on the Trump administration's policy push for mineral self-reliance.

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Jun 2, 2026, 5:38 PM EDT - 4 hours ago

What VCs think about SpaceX, AI-valuation fever and where to bet next

For this episode of StrictlyVC Download, we're bringing you a conversation from the StrictlyVC Athens event. Connie Loizos sat down with Niko Bonatsos: Founder & General Partner, Verdict Capital; Ben ...

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Jun 2, 2026, 5:36 PM EDT - 4 hours ago

Microsoft AI CEO: Healthcare is the most important application of AI

Dr. Gianrico Farrugia, Mayo Clinic president and CEO, and Mustafa Suleyman, Microsoft AI CEO, join CNBC's Kate Rooney at the Microsoft Build event in San Francisco.

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Jun 2, 2026, 5:24 PM EDT - 4 hours ago

Gold steadies, silver slips as oil rises on Iran uncertainty - Kitco PM Report

Spot gold prices are near steady and spot silver prices are lower after the close Tuesday, as a stronger U.S. dollar and firmer crude oil offset support from lower Treasury yields.

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Jun 2, 2026, 5:22 PM EDT - 4 hours ago

Mark Zuckerberg's Meta scales back plan to track keystrokes, mouse movements after staff uproar

The Facebook parent announced last month that it was installing new tracking software on US-based employees' computers to capture mouse movements, clicks and keystrokes for use in training its AI mod...

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Jun 2, 2026, 5:21 PM EDT - 4 hours ago

Palo Alto Networks' stock is rising as earnings show AI is a friend, not a foe

The “latest advancements at the AI frontier have increased the level of urgency around cybersecurity,” Palo Alto Networks' CEO said.

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Jun 2, 2026, 5:15 PM EDT - 4 hours ago

Canadian Uranium Announces New Director And AGM Results

Vancouver, British Columbia – June 2, 2026 – TheNewswire - Canadian Uranium Corp. (the “Company”) (CSE: CANU ; FWB : A41WE6; OTCQB : CANUF) is pleased to announce that at the annual general meeting o...

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Jun 2, 2026, 5:11 PM EDT - 4 hours ago

GameStop Reports Higher Profit, Launches $2 Billion Buyback Program

The videogame retailer reported a first-quarter profit of $389.6 million, up from $44.8 million a year earlier.

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Jun 2, 2026, 5:09 PM EDT - 4 hours ago

GitLab to Cut 14% of Workforce as Part of AI Pivot

The maker of software-development tools is cutting 350 full-time employees and exiting 22 countries as part of a restructuring it floated in May.

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Jun 2, 2026, 5:05 PM EDT - 4 hours ago

Intuit Becomes S&P 500's Worst Performer This Year: Here's Why

$131 billion. That's how much Intuit's market value has decreased over the last year, falling from an all-time high of just over $219 billion in July 2025 to $88.1 billion on Friday.

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Jun 2, 2026, 4:55 PM EDT - 4 hours ago

Gold Rises As Traders Weigh Confusion Over US-Iran Talks

Axel Merk, founder and CIO of Merk Investments, said that while gold remains a relatively 'calm' investment, the world around the commodity and the geopolitical and economic 'crosscurrents' including ...

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Jun 2, 2026, 4:54 PM EDT - 4 hours ago

Salesforce (CRM) Price Forecast: Bullish Reversal Gains Strength

Salesforce breaks out from a double bottom and consolidation base on strong volume, reclaiming key moving averages as bullish momentum signals potential continuation toward higher resistance zones.

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Jun 2, 2026, 4:53 PM EDT - 4 hours ago

GameStop reports 14% rise in quarterly revenue, unveils $2 billion share buyback

GameStop on Tuesday reported ‌a 14% rise in quarterly revenue ⁠and said its board has approved a new $2 billion share repurchase ‌program.

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Jun 2, 2026, 4:52 PM EDT - 4 hours ago

Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge

Palo Alto Networks raised its annual revenue and profit forecast on Tuesday, as enterprises increased spending on cloud, ‌identity and AI-driven cybersecurity products amid a rising threat landscape,...

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Jun 2, 2026, 4:49 PM EDT - 4 hours ago

Mercedes-AMG Launches GT Luxury Performance EV

Michael Schiebe, head of Mercedes-AMG, discusses the automaker's new GT 4-door coupe and the market for luxury electric vehicles as the company prepares to launch more than 27 new electric and combust...

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Jun 2, 2026, 4:47 PM EDT - 5 hours ago

Crude Oil Price Forecast: Triangle Pattern Points Higher

Crude oil remains trapped within a symmetrical triangle pattern, but a higher swing low and bullish reversal signal growing upside pressure toward key resistance levels.

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Jun 2, 2026, 4:45 PM EDT - 5 hours ago

Larry Ellison Becomes Second Richest In The World—Surpasses Bezos, Brin And Page In 2 Days

Oracle co-founder Larry Ellison vaulted back to second place on the world's wealth rankings, overtaking Google's Larry Page as a rally in Oracle shares, which are up 28% in the last five days, boosted...

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Jun 2, 2026, 4:45 PM EDT - 5 hours ago

Water Tower Research Publishes Initiation of Coverage Report on Q-Gold Resources Ltd., “Hidden Gold in Oregon; Large-Scale US Gold Developer at a Deep Discount”

June 2, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Q-Gold Resources Ltd. (TSXV: QGR) titled, “Hidden Gold in Oregon;...

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Jun 2, 2026, 4:41 PM EDT - 5 hours ago

Gold (XAU/USD) Price Forecast: Tight Range Builds Breakout Pressure

Gold continues to compress within a symmetrical triangle as overlapping support and resistance levels cluster, suggesting an imminent breakout decision as volatility contracts near key moving averages...

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Jun 2, 2026, 4:41 PM EDT - 5 hours ago

S&P 500 Posts Longest Winning Streak in a Year

All three indexes have now closed at records five sessions in a row for the first time since February 2017.

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Jun 2, 2026, 4:40 PM EDT - 5 hours ago

Dollar General says customers are buying less food because driving is too expensive

“This pressure has been more pronounced on customers in rural communities as they work to minimize trip distance,” the discount retailer's CEO said.

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Jun 2, 2026, 4:38 PM EDT - 5 hours ago

GitLab Stock Rises as the Software Company Raises Guidance on AI Business Momentum

GitLab stock rises after the software company reported better-than-expected fiscal first-quarter earnings and raised full-fiscal year guidance.

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Jun 2, 2026, 4:37 PM EDT - 5 hours ago

Microsoft unveils seven homegrown AI models in new bid for ‘long term self-sufficiency'

Microsoft used its Build conference to unveil seven in-house AI models, including a reasoning model it says draws even with Anthropic's Claude Sonnet 4.

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Jun 2, 2026, 4:36 PM EDT - 5 hours ago

Prosus gets until Oct. 11 for Delivery Hero sale after Uber bid, Bloomberg News reports

The European Commission is planning ‌to extend a deadline for Dutch technology ⁠investor Prosus to sell down a stake in Delivery Hero to October ‌11, ⁠Bloomberg News reported on Tuesday, citin...

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Jun 2, 2026, 4:36 PM EDT - 5 hours ago

Paramount's top lawyer says some people who don't like the Warner Bros. deal are antisemitic

The Paramount/Warner Bros. Discovery deal still needs approval from regulators around the world.

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Jun 2, 2026, 4:35 PM EDT - 5 hours ago

Ulta Beauty Results Show Growth Across Channels, Major Categories

Chief Executive Kecia Steelman pointed to broad-based growth across all channels and major categories, and said the results show the cosmetics and fragrances retailer's strategy is working in an uncer...

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Jun 2, 2026, 4:33 PM EDT - 5 hours ago

Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook

Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday. CEO Kecia Steelman praised the company's ability to navigate the macroeconomic landscape with its strategy.

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Jun 2, 2026, 4:28 PM EDT - 5 hours ago

Tuttle's New HBMX Targets Memory Semiconductor Ecosystem

On Tuesday, June 2, Tuttle Capital premiered the Tuttle Capital Concentrated Memory Stack ETF (HBMX) on Cboe. Operating with an expense ratio of 95 basis points, HBMX offers exposure to pure-play memo...

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Jun 2, 2026, 4:28 PM EDT - 5 hours ago

Top Performing Leveraged/Inverse ETFs: 05/31/2026

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

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Jun 2, 2026, 4:27 PM EDT - 5 hours ago

Victoria's Secret Stock Rises 47% | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More ...

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Jun 2, 2026, 4:24 PM EDT - 5 hours ago

Palo Alto Networks Revenue Rises as Customers Beef Up Cyber Defenses

Chief Executive Officer Nikesh Arora said the results should demonstrate that fears of a so-called “SaaS-Pocalypse,” in which AI-native firms will come to displace legacy software incumbents, are misp...

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Jun 2, 2026, 4:24 PM EDT - 5 hours ago

Google Sends a Clear Signal

Mixed day for stocks. The Dow picked up 229 points to close at 51,308. The tech-heavy Nasdaq composite edged into positive territory by the closing bell despite a sharp selloff on software stocks foll...

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Jun 2, 2026, 4:23 PM EDT - 5 hours ago

India's central bank likely sold $12 billion gold reserve in just two weeks to support the rupee – BE report

The Reserve Bank of India likely sold $12 billion of its gold reserves and bought $7.5 billion in foreign currency assets during the two weeks ending May 22, according to a new report from Abhishek Gu...

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Jun 2, 2026, 4:21 PM EDT - 5 hours ago

Texas Instruments names insider Julie Knecht as finance chief

Texas Instruments on Tuesday named insider Julie Knecht as its finance chief, succeeding Rafael Lizardi, who ‌will retire after 25 years with the analog chipmaker.

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Jun 2, 2026, 4:21 PM EDT - 5 hours ago

American Airlines route suspensions: AA is cutting these 6 flights amid skyrocketing fuel prices

Anyone who has looked into flights in recent months will know that airfares are rising. The main driver behind this is the increasing cost of jet fuel prices, which have skyrocketed this year due to t...

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Jun 2, 2026, 4:20 PM EDT - 5 hours ago

Google just made an $80 billion AI bet—and Wall Street isn't loving it

Alphabet is looking for greater cash flow to spend on AI advancements.

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Jun 2, 2026, 4:20 PM EDT - 5 hours ago

Jamie Dimon and Coinbase's Armstrong Don't See Eye-to-Eye on Crypto Bill

Bloomberg Intelligence's Nathan Dean joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Jamie Dimon took aim at Coinbase Global CEO Brian Armstrong, and vowed to fight back against digital-asset...

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Jun 2, 2026, 4:20 PM EDT - 5 hours ago

Palo Alto Networks pops 12% on earnings beat, rosy guidance

Palo Alto Networks topped Wall Street's third-quarter estimates, citing AI advancements The rise of advanced AI models like Mythos has drawn attention to cyber companies and the need for better defens...

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Jun 2, 2026, 4:20 PM EDT - 5 hours ago

Bad News for Alphabet Stock Is Good News for Copper Investors

Alphabet's capital raise shows the AI spending trade isn't dead yet, not by a long shot.

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Jun 2, 2026, 4:18 PM EDT - 5 hours ago

Ulta Beauty raises annual profit forecast on higher-priced product demand

Cosmetics retailer Ulta Beauty raised its annual profit forecast on Tuesday, ‌betting that leaner inventory-related losses and resilient demand for high-priced merchandise will help counter rising c...

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Jun 2, 2026, 4:18 PM EDT - 5 hours ago

Markets are mispricing Microsoft's stock, says Wedbush Securities' Dan Ives

Dan Ives, Wedbush Securities, joins 'Closing Bell' to discuss Ives' thoughts on Microsoft's Build conference, Alphabet's equity sale and much more.

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Jun 2, 2026, 4:15 PM EDT - 5 hours ago

Oracle Rally Vaults Larry Ellison Past Bezos to World's Third-Richest Person

Larry Ellison's place among the world's richest people now rises and falls on the stock market's wager that the AI boom requires Oracle's machines.

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Jun 2, 2026, 4:15 PM EDT - 5 hours ago

Broadcom Stock Hit Another Record High. Why Google's Big AI Buildout Is a Boon for the Chipmaker

Broadcom's stock is rallying to fresh highs ahead of its latest earnings report tomorrow, with a bit of help from Google parent Alphabet.

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Jun 2, 2026, 4:12 PM EDT - 5 hours ago

Franklin Templeton Moves More Business Onto Blockchain

Jenny Johnson, CEO of Franklin Templeton, and Adam Back, co-founder and CEO of Blockstream, talk about the recent drop in Bitcoin prices, institutional demand for crypto and how Franklin Templeton is ...

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Jun 2, 2026, 4:11 PM EDT - 5 hours ago

SpaceX Eyeing Roughly $1.75 Trillion Valuation in IPO Next Week

Banks are in line to make hundreds of millions of dollars from the offering; JPM has an additional role as party planner.

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Jun 2, 2026, 4:07 PM EDT - 5 hours ago

FOMO Is Fueling the AI Market Frenzy. Marvell Is Just the Latest Sign.

Marvell stock surged 30% in a day, building on gains of 158% so far this year.

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Jun 2, 2026, 4:02 PM EDT - 5 hours ago

Exclusive: Meta scales back AI mouse clicks tool, citing employee concerns

Meta is dialing back elements of its ‌plan to collect employee mouse movements, keystrokes and other actions for use as AI training data, ⁠it said in an internal memo on Tuesday, following weeks ...

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Jun 2, 2026, 3:44 PM EDT - 6 hours ago

Alphabet's $15 Billion Equity Deal; $15 Billion of Converts to Price After Close Tuesday

The offerings are part of an $80 billion equity financing package unveiled by the company late Monday to fund its massive artificial-intelligence buildout.

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Jun 2, 2026, 3:39 PM EDT - 6 hours ago

Gold Stocks Are in a Bear Market. The Case For Buying.

Gold has dropped from $5,247 per ounce near the end of February to just over $4,500 now.

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Jun 2, 2026, 3:34 PM EDT - 6 hours ago

Victoria's Secret's stock is on track for its best day ever. It came down to better bras.

Lingerie retailer's shares were up 47% on Tuesday.

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Jun 2, 2026, 3:30 PM EDT - 6 hours ago

Footwear Names Are Regaining Their Stride. What Crocs and Deckers Charts Say.

Footwear stocks are starting to outperform after a long stretch of weakness. Technical setups in Crocs and Deckers Outdoor suggest both names could have further room to run.

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Jun 2, 2026, 3:28 PM EDT - 6 hours ago

VIDEO: ETF of the Week: XLU

On this episode of the “ETF of the Week” podcast, VettaFi's head of research, Todd Rosenbluth, discussed the State Street Utilities Select Sector SPDR ETF (XLU) with Chuck Jaffe of Money Life. The pai...

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Jun 2, 2026, 3:28 PM EDT - 6 hours ago

Why Stock Buyback Leaders Are Screening into the VictoryShares Free Cash Flow ETF

Free cash flow (FCF) is a critical measure for identifying high-quality companies, particularly in a market environment marked by ongoing uncertainty. Companies that consistently generate strong cash ...

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Top May Articles Cover Everything From Autocallables to Nuclear Power

Jun 2, 2026, 3:28 PM EDT - 6 hours ago

An inside look at Microsoft's new Quantum computing chip

CNBC's Kate Rooney sits down with Microsoft's EVP of Strategic Missions and Technologies Jason Zander to talk the Majorana 2 chip, and why a scalable Quantum computer could be closer than once thought...

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Jun 2, 2026, 3:19 PM EDT - 6 hours ago

Mercor's CEO says it now spends more on AI tokens than employee salaries

Mercor's CEO says the $10 billion startup now spends more on AI tokens than employee pay. Before long, he says, the average company could be spending more on AI compute than on salaries.

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Jun 2, 2026, 3:19 PM EDT - 6 hours ago

Perplexity Is 'Chip Agnostic,' Says CEO

Computex in Taiwan is putting the spotlight on the companies building the hardware behind the AI boom. One of those companies is Perplexity, which took the stage with Intel to unveil the world's first...

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Jun 2, 2026, 3:11 PM EDT - 6 hours ago

Uber caps employee AI spending after blowing through budget in four months

AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on ...

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Jun 2, 2026, 3:11 PM EDT - 6 hours ago

S&P 500 climbing for 9th straight day — but breadth sends a rare warning

The S&P 500's latest string of records has come with a catch: Fewer stocks are participating in the rally.

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Jun 2, 2026, 3:11 PM EDT - 6 hours ago

Why Lumentum, Coherent and other optical stocks are rocketing toward big gains

Nvidia CEO Jensen Huang had high praise today for Marvell, a maker of optical components that he said could become a $1 trillion company. And investors seem to be transferring those rosy feelings to o...

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Jun 2, 2026, 3:09 PM EDT - 6 hours ago

Why Coherent and Lumentum stocks jumped on Tuesday

Coherent and Lumentum Holdings shares surged on Tuesday as investors piled into optical networking stocks. The rally followed comments from Nvidia Chief Executive Jensen Huang, highlighting the growin...

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Jun 2, 2026, 3:08 PM EDT - 6 hours ago

Perplexity AI unveils hybrid local-cloud inference system at Computex 2026

Perplexity AI, the fast-growing search startup now valued at $20 billion, unveiled what it calls the first hybrid local-server inference orchestrator at Computex 2026 on Monday night, demonstrating so...

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Jun 2, 2026, 3:07 PM EDT - 6 hours ago

Victoria's Secret stock surges on embrace of sexiness, sales growth after doomed attempt to go woke

Victoria's Secret's embrace of its sexy roots powered strong sales and a huge spike in its stock on Tuesday — a turnaround from weak profits blamed on its doomed attempt at going woke. A strong earnin...

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Jun 2, 2026, 3:03 PM EDT - 6 hours ago

Mastercard Names New CFO Amid Larger Leadership Reshuffle

Mastercard has announced several leadership changes, including naming its finance chief to a newly created role. Sachin Mehra, the company's chief financial officer (CFO), is moving to the new positio...

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Jun 2, 2026, 3:01 PM EDT - 6 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Hopes Of Quick Iran Deal Fade

Oil markets are moving higher as President Trump said that he expected that memorandum of understanding with Iran would be ready over the next week.

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Jun 2, 2026, 2:58 PM EDT - 6 hours ago

‘I think you gotta, you gotta stay in': BlackRock's Rick Rieder on bull market risks

BlackRock's Rick Rieder tells CNBC's Scott Wapner at the CNBC CEO Council Summit that the opportunities in the AI-led stock market continue to outweigh the risks.

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Jun 2, 2026, 2:54 PM EDT - 6 hours ago

Why BlackRock's Rick Rieder feels 'a bit more relaxed' about AI bull market than dotcom era

Rick Rieder, a top investing official at the world's biggest asset manager, BlackRock, says earnings growth forecasts and cash being redeployed into the market continue to support a bullish thesis for...

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Jun 2, 2026, 2:52 PM EDT - 6 hours ago

Goldman CEO says high oil prices could shift consumer behavior in second half of 2026

Goldman Sachs CEO David Solomon expects consumer behavior to change in the second half of 2026 if inflation picks up, fueled by higher oil prices.

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Jun 2, 2026, 2:46 PM EDT - 7 hours ago

Satya Nadella defends Microsoft AI data center plans against community backlash

Satya Nadella defended Microsoft's AI data center plans amid community backlash at Build keynote. Microsoft's AI infrastructure aims to address environmental and economic community concerns.

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Jun 2, 2026, 2:41 PM EDT - 7 hours ago

Jensen Huang's comment on Marvell stock 'figurative, not literal': CJ Muse argues

Marvell Technology (MRVL) ripped higher this morning as Nvidia's chief executive Jensen Huang signalled the company could be “the next trillion-dollar opportunity” at the Computex conference in Taipei...

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Jun 2, 2026, 2:38 PM EDT - 7 hours ago

Alphabet To Raise $80B in Equity, Anthropic Files For IPO | Bloomberg Tech 6/2/2026

Bloomberg's Caroline Hyde and Ed Ludlow break down why Alphabet wants to raise $80 billion in equity to fund AI infrastructure expansion, while Anthropic makes its IPO move and files confidentially to...

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