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(Bloomberg) -- Oil pared some losses after President Donald Trump blamed Iran for shooting down a US military helicopter and vowed a response, reigniting fears of a return to clashes that could prolong a global energy crisis.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Hit by Chipmaker Rout Amid US-Iran Jitters: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump

Snowflake (SNOW) wants to convince Wall Street its next act is larger than cloud data storage. Bank of America seems to be buying the pitch. BofA Securities came out more bullish on Snowflake after the company’s investor day, reiterating a Buy rating and $300 price target. That estimate suggested ...

The catalyst for investors' dumping AI stocks again Tuesday isn't totally clear. But Brian Jacobsen, chief economic strategist for Annex Wealth Management, suggested Alphabet's recent capital raise and SpaceX's impending IPO could be contributing to the ongoing declines.

Interest has accelerated as the tech industry touts the technology as a solution to the electricity demands of artificial intelligence.

At $396.60, Broadcom (NASDAQ:AVGO) is a Hold. The stock just suffered its second-largest negative earnings day reaction in nine quarters, and the reason behind it deserves more attention than the headline number. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for hyperscaler buildouts. Fiscal Q2 delivered strong results: revenue hit $22.19 billion, up ... 1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash

Cruise lines give free cruises to gamblers. To be fair, it's more that cruisers earn free cruises, bonus "free play," free drinks while they're playing, meals, and other perks based on their gambling. Many people joke that you actually pay for those cruises by losing money in the casino, but the ...

Palantir Technologies (PLTR) just delivered one of the strongest quarters in software, and its stock is sliding anyway. Shares of the artificial intelligence company fell about 13% in five trading days, closing near $136 on June 8 after trading above $158 a week earlier. That kind of drop usually ...

Uranium Energy (NYSEAMERICAN:UEC) said on its latest earnings call that it advanced several parts of its U.S. uranium production platform during the quarter, including the start of production at Burke Hollow in South Texas and continued development at Christensen Ranch in Wyoming. Founder and Chief

Anthropic has launched Claude Fable 5, its most powerful AI model yet.

Elon Musk’s SpaceX is seeing a massive wave of investor demand ahead of its public debut, with institutional buy orders heavily outstripping the $75 billion supply of shares.

FedEx pilots have finally approved a collective bargaining agreement after years of labor unrest. The post FedEx pilots approve new contract, ending protracted bargaining appeared first on FreightWaves.

OpenAI just took its most concrete step yet toward Wall Street, while going out of its way to say it has not actually decided to go public. The company confidentially filed S-1 IPO paperwork with the SEC and disclosed the move in a blog post. OpenAI was valued at roughly $850 billion after its $122 billion financing round ... Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation

Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.

Life insurance companies accelerated purchases of private credit in 2025 with insurers owned by private fund managers leading the charge, according to analysis by Moody’s Ratings. Almost 10% of the private investments have below investment-grade credit ratings. About 38% of the private investments are in complex asset-backed debt rather than corporate and government bonds and loans.

A week ago, a tiny Bitcoin (BTC) sale by Strategy (NASDAQ: MSTR) had investors bracing for a change of heart. This week, the company went right back to buying. One analyst says that's exactly the point. TD Cowen's Lance Vitanza believes Strategy's latest Bitcoin purchase confirms that its ...

Here are some of the biggest decliners in the S&P 500's tech sector as the market rout deepened this afternoon: Coherent, down 15%. Super Micro Computer, down 12%. Lumentum, down 12%. AppLovin, down 10%.

A rush of mega-IPOs from OpenAI, Anthropic, and SpaceX could mint fortunes—and test whether the AI boom has gotten ahead of itself.

June 9 (Reuters) - Privately held Element Biosciences said on Tuesday it had raised funds in an upsized Series E round, including $175 million from longtime investor Samsung Electronics, to expand

Privately held Element Biosciences said on Tuesday it had raised funds, including $175 million from longtime investor Samsung Electronics, to ‌expand commercialisation of its genetic testing and research products. The San Diego-based ‌company did not disclose the total size of the upsized Series E funding round, or its ​valuation. Samsung said in a statement that the investment would make it the largest shareholder in Element and deepen strategic cooperation between the two firms.

The copper price rally continued early Tuesday morning, then lost momentum, amid hopes for a U.S.-Iran peace deal, easing dollar and market positioning for a near-term decision on expanding Trump tariffs on the red metal. Mining stocks including BHP Group, Rio Tinto, Anglo American and Teck Resources trade near buy points, as does the United States Copper Index Fund, a copper stock ETF. The price of copper briefly rallied within 4% of an all-time high as markets brace for potential Trump tariffs news later this month, with demand already outpacing supply.

A federal judge ruled Tuesday that a settlement between the card networks and 12 million merchants over card-swipe fees is fair and reasonable.

Investing.com -- SpaceX’s initial public offering has attracted orders from institutional investors that are several times larger than the number of shares available, according to a report from Bloomberg News, citing people familiar with the matter.

Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips ‌and networking solutions as part of a tie-up between the ‌asset managers and the chipmaker. The initial commitment will expand the Claude Code creator's AI computing ​capacity by one gigawatt, the companies said on Tuesday. The capacity is expected to be deployed at Fluidstack-operated sites beginning mid-2026, with the cloud computing company providing the physical ‌data-center infrastructure that will ⁠run Anthropic's AI systems.

The European Union told Meta Platforms to reverse a policy that effectively bans rival artificial intelligence chatbots from using a tool to communicate with users on WhatsApp as officials continue to probe the company’s messaging service.

A 65-year-old retiree with $1 million who follows the standard 4% rule withdraws $40,000 in the first year, then increases that amount over time to keep pace with inflation. A dividend-focused alternative starts slightly lower, at about $38,000 in annual income from a 3.8% blended yield, but does not require selling shares. Over 20 years, ... The Dividend Strategy That Beats the 4% Rule by $400,000 Over 20 Years on a $1 Million Portfolio

(Bloomberg) -- Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeChina Preps $295 Billion P

Oracle and OpenAI have a $300 billion deal for Oracle to build out AI data centers. Microsoft owns 27% of OpenAI, but the companies have renegotiated their cloud and licensing deals.

RH's Q1 results are likely to reflect housing weakness, tariffs and expansion costs amid gallery momentum and Milan/London buildout.

SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever completed. Before the ...

Meta Platforms has been ordered by EU antitrust regulators to give rival AI chatbots such as OpenAI free access to WhatsApp while ‌they continue to investigate whether the company abused its market power by blocking competitors from ‌the messaging app. The European Commission's decision to issue an interim measure against Meta followed complaints from The Interaction Company of California, ​developer of the Poke.com AI assistant, French AI startup Agentik and a Spanish rival. Those complaints prompted the Commission, the EU's competition enforcer, to open an investigation in December.