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Treasury Yields Rise Ahead of U.S. Labor Data
Barrons.com54d agoneutral
Treasury Yields Rise Ahead of U.S. Labor Data

Treasury yields rise, on path for a quarterly increase. An agreement to fully restore shipping through the Strait of Hormuz remains elusive and oil prices edge higher. Fed funds futures price at least one Fed hike this year, according to CME.

Rakuten satellite project to receive up to $912 million in Japan govt grant
Reuters54d agoneutral
Rakuten satellite project to receive up to $912 million in Japan govt grant

The Japanese government will grant up to ‌148 billion yen ($912 million) to ‌Rakuten Group to help it build a ​satellite communications network, industry group Communications and Information Network Association of Japan said on Tuesday. Rakuten, an e-commerce, financial ‌and telecommunications ⁠conglomerate, is in talks with AST SpaceMobile of the ⁠United States to form a joint venture for the project, a Rakuten ​spokesperson said. •Japan ​currently depends ​on SpaceX's Starlink ‌and other services offered by foreign companies for low-orbit satellite communications, and it aims to nurture home-grown operators to boost its economic security.

Palantir's 2 deals answer a question investors keep asking
TheStreet54d agoneutral
Palantir's 2 deals answer a question investors keep asking

Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them is not routine, however. It points to how Palantir plans to defend ...

June Markets in Focus: Dissecting the Memory Trade + Rotation Out of Tech
NYSE54d agoneutralVIDEO
June Markets in Focus: Dissecting the Memory Trade + Rotation Out of Tech

Phil Rosen goes Inside The ICE House to explain how Micron’s blockbuster earnings are reinforcing the strength of the AI-driven memory trade and broader tech rally. He breaks down why investors remain bullish even as rising chip costs begin to pressure consumer-facing companies and create uneven outcomes across the market. Rosen also frames the recent tech sell-off as a healthy rotation into defensive sectors rather than a broader market breakdown. He discusses Fed Chair Kevin Warsh’s uncertain policy stance, with markets still searching for clarity on rates.

U.S. approach to regulation of AI is problematic, Sixth Street's Chavez says
Reuters54d agoneutral
U.S. approach to regulation of AI is problematic, Sixth Street's Chavez says

The United States' regulation of artificial intelligence is problematic and inconsistent, Martin Chavez, vice chairman at ‌investment firm Sixth Street, told Reuters on Tuesday. Speaking at the Reuters Momentum ‌AI London event, Chavez criticised the current U.S. approach of regulating each new AI model's ​release individually, citing a lack of transparency on how decisions are made and who is making them. The outspoken remarks from a technology and financial industry veteran, who is also a member of the board of Google owner Alphabet ‌Inc, echoed growing concerns ⁠about how the lack of a level playing field in AI regulation could increase risks.

Microsoft Heads for Biggest Monthly Loss Since Dot-Com Burst
The Wall Street Journal54d agoneutral
Microsoft Heads for Biggest Monthly Loss Since Dot-Com Burst

18% That's how much Microsoft shares have fallen this month as investors retreat from Mag 7 stocks. It's put the tech behemoth on track for its worst month since December 2000, when stocks were in the midst of the dot-com bubble burst.

Investing.com54d agoneutral
Wolfe sees higher memory prices adding to U.S. inflation pressures

Investing.com -- Wolfe Research said surging memory chip prices driven by the artificial intelligence buildout have already added meaningfully to core inflation, with further upside likely as costs continue to filter through the consumer electronics supply chain.