The S&P 500 added 0.3%, coming off its 2.6% drop from Friday that was its worst since October. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite climbed 0.9%. Some of the best performers were companies that sell computer chips, memory and other products fueling the AI boom.
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AI-driven growth, chip demand, and inflation concerns push Korean bond yields to multi-year highs.
Japan's AI-linked shares fell sharply as Fed rate expectations, Middle East tensions, and valuation concerns pressured risk appetite.
Apple investors gave a tepid reception to the next generation of its AI platform. The new Apple Intelligence system, underpinned by Google technology, was unveiled during a keynote presentation at the company's Worldwide Developers Conference. Ed Ludlow reports on "Bloomberg The Close."
SanDisk (NASDAQ:SNDK) has won a higher price target from Bank of America, with the bank lifting its objective to $2,100 from $1,550 on the back of robust NAND demand, favourable pricing trends, and a new wave of long-term supply agreements. At BofA's 2026 Global Technology Conference in San...
Stronger labor data shifts market expectations as Trump argues higher rates could be the wrong move.
Chipotle COO Jason Kidd joins Ashley Mastronardi on NYSE Floor Talk
Eisman on Monday expressed skepticism about SpaceX potentially merging with EV Giant Tesla Inc (TSLA), highlighting the latter company’s many challenges.
As the Nasdaq Composite Index tries to hang onto its gains for today, recent market history is on its side, considering Friday's big drop. After the last 20 drops of 4% or more, the index has risen, on average 0.9% on the following trading day.
Stifel raised its target while BNP Paribas warned leadership uncertainty may weigh on sentiment.
The excitement is palpable ahead of the rocket company's public launch on Friday, June 12.
Elon Musk’s SpaceX is days away from the biggest IPO ever, but the deal will reportedly happen without one major source of capital: investors in Hong Kong and mainland China. Underwriters on the $75 billion offering have been told not...
AI Momentum May Need To Offset Leadership Uncertainty
Many investors are excited to buy SpaceX stock, but some might be investing for the wrong reasons.
A key bill once seen as crypto's best chances for regulatory clarity is running into a new problem. Lawmakers, regulators and crypto firms broadly agree that the U.S. needs clearer rules for digital assets. But with Congress facing a shrinking legislative calendar, some are becoming less ...
J.P. Morgan has upgraded Chipotle to 'Overweight' forecasting improved comparable sales.
A 32 BTC sale, a Zcash scare, a hot jobs report, and a flush that wiped billions. Then Saylor bought the dip.
Illiquid assets are a fixture in life-insurer portfolios. But property insurers have sudden payouts for hurricanes or wildfires, making illiquidity a riskier proposition.
Cloud and AI infrastructure growth remain key areas of focus.
(Bloomberg) -- A federal judge struck down a $100,000 fee President Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Stri
Wall Street woke up Monday to a session where the bond market is calling the shots. A stronger-than-expected jobs report and sticky inflation worries pushed Treasury yields higher, forcing investors to rethink expectations for Federal Reserve rate cuts. Yet across a CNBC segment featuring two strategists with very different lenses, their verdict on one corner of the market ... The Bond Market Is Forcing the Fed to Cut Rates. But Wall Street CIO Says “The Semi Trade is Very Much Intact.”
Investing.com -- Technology giant Apple on Monday introduced the next generation of its artificial intelligence platform on Monday, featuring an updated Siri digital assistant as the company works to compete with other Silicon Valley companies in the AI market.
A wave of mega-cap initial public offerings is poised to reshape major stock indexes this year, Well
The probe is the first phase of a review to see if the deal could hurt competition.
Rumble has been treading water for the past six months, recording a small return of 4.9% while holding steady at $7.55. The stock also fell short of the S&P 500’s 10.7% gain during that period.
Shares of Galaxy Digital surged on Monday, with investors betting that the crypto financial services company’s expansion into AI data centers will turbocharge its growth. The stock jumped 24% Monday afternoon and was on track for its largest percent increase since November 2024.
Over the last six months, Box’s shares have sunk to $26.48, producing a disappointing 15.3% loss - a stark contrast to the S&P 500’s 10.7% gain. This might have investors contemplating their next move.
While automated ordering and artificial intelligence-based customer service solves problems when it works, not having a human option can create a terrible experience. "Consumers are growing more accepting of AI when interacting with businesses, but they overwhelmingly prefer human interactions," ...