The chip giant will work with manufacturers including Dell, Lenovo and HP to make the laptops, designed to support agentic computing.
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Bitcoin and chip stocks have dramatically diverged over the past six months. Bitcoin traded at around $71,000 Monday, down more than 40% since its peak above $126,000 in early October. Meanwhile, the PHLX Semiconductor Index, stuffed with high-fliers like Nvidia, Intel and Micron, just posted its strongest performance through the first 100 trading days of any year on record.
S&P 500 companies' quarterly earnings growth held steady at nearly 28% compared with financials repo
Arm stock hit a record high on Nvidia's plans to use an Arm design for the central processing unit in its AI PC chip.

Tesla's Optimus robot may have a new challenger, and it's the one CEO Elon Musk least wanted to see: OpenAI.
FedEx shares just got smaller -- but investors got FedEx Freight stock as a consolation prize.
Nvidia CEO Jensen Huang hosted top South Korean tech executives including the boss of chipmaker SK Hynix at a boisterous dinner on Monday, as he looks to deepen ties with key partners ahead of what he called an "incredibly busy" stretch for the AI boom. SK Hynix CEO Kwak Noh-Jung, executives from Samsung Electronics, LG Electronics and Naver were among those at the "Korean Partner Night", held at a traditional Taiwanese restaurant in Taipei on the sidelines of the Computex trade show. "Korea is a critical part of our ecosystem."
Carvana (NYSE:CVNA) is back in the spotlight after a blowout quarter, an S&P 500 induction, and a CEO promising 3 million units at 13.5% adjusted EBITDA margins by the next decade. But the details beneath the headline deserve a closer look. The Hype Trade Is Already Cracking Carvana is the textbook crowded trade. The stock ... Carvana Is Out: This High-Yield Cash Cow Is the Ultimate Inflation-Beating Buy Right Now
The European stock markets were lower in Monday trading while oil prices soared as fighting in the M
Investing.com -- Wolfe Research upgraded apartment REITs AvalonBay Communities and Equity Residential to Outperform from Peer Perform, arguing that expected merger synergies and attractive valuations outweigh a still-challenging but stabilizing operating environment.
A potential IPO from SpaceX (NASDAQ:SPCX) could dramatically reshape the history of global public offerings, with the Elon Musk-led company reportedly targeting a valuation that would eclipse every previous stock market debut. If current expectations hold, SpaceX could raise far more capital than any company before it and potentially become the first IPO to debut with a valuation approaching $2 trillion.
SpaceX’s (NASDAQ:SPCX) newly released investor prospectus has offered the public its clearest look yet at the finances, ambitions and internal workings of Elon Musk’s flagship company ahead of its planned $1. 75 trillion stock market debut next month.
IBM stock jumped in morning trading, adding oomph to a big rally that started with a $1 billion award from the federal government for quantum computing late last month. On Monday, analysts with Barclays initiated coverage of IBM stock with a buy rating. IBM stock climbed more than 8% to 323.74 in morning trades on the stock market today.
BRUSSELS/AMSTERDAM, June 1 (Reuters) - The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of a package aimed at reducing the bloc's dependence on U.
Quantinuum is set to make the biggest trading debut for any quantum company this year. As anticipation rises, the company is upsizing its initial public offering to as much as $1.46 billion. Quantinuum indicated Monday that it plans to offer 26.5 million shares at prices ranging from $53 to $55 each, compared with earlier plans to sell roughly 21 million shares for $45 to $50 each.
A 60-year-old with $5 million in retirement assets peels off $1 million for 30-year Treasury Inflation-Protected Securities and lets the remaining $4 million chase growth. The host of the Retire SMART Podcast walked through exactly this allocation on Ep. 419, “Bond vs Bond Fund,” arguing that individual TIPS can carry the income side of a ... I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?
Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.
(Bloomberg) -- Walmart Inc. is limiting staff’s usage of an artificial-intelligence tool following high demand, illustrating how corporations are adjusting their calculations for incorporating the technology.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-Trump Outsider Wi
Dell shares skyrocketed after blockbuster AI-driven earnings and a massive guidance hike. These Dell-heavy ETFs could benefit next.
Robinhood Markets (NASDAQ:HOOD) is one step closer to having its IPO-related legal battle reviewed by the U. S.
"A lot of people have said, Jensen, AI is coming. Agentic AI is coming. Therefore, all of the software companies are going to go out of business. I said it's exactly the opposite because there are going to be so many agents.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.
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(Bloomberg) -- A nearly six-month old video of Donald Trump praising International Business Machines Corp.’s CEO sent the shares surging almost 9% on Monday, adding more than $24 billion to the company’s stock-market value. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-T
Strategy, the bitcoin accumulation firm founded by Michael Saylor, said Monday that it sold 32 bitcoin last week for roughly $2.5 million, according to a regulatory filing. It was the company's first sale of the cryptocurrency since 2022. The company said it expects to use proceeds from the bitcoin sale to fund distributions on its preferred stock.
The source of SoftBank’s surge is pure AI enthusiasm, as the Tokyo-based investor has pivoted from a mix of startups, e-commerce and telecom companies to quickly become a major player in all things artificial intelligence. Arm has been on a tear lately as investors swoon over its plans to design chips that are ideal for agentic AI uses in data centers, giving it a market cap of about $375 billion.
Wall Street heads into the first week of June riding a wave of record highs, but investors will have plenty to digest in the days ahead as fresh economic data, major technology earnings and ongoing developments in the Middle East compete for attention. The marquee event arrives Friday with...
Strategy (MSTR) sold some bitcoin for the first time ever, the company revealed in a Monday filing, just a week after founder Michael Saylor had used the "hodl" — hold on for dear life — phrase, which is the crypto community's never-sell mantra. The iShares Bitcoin Trust ETF (IBIT), which tracks the bitcoin price, fell to a seven week low,...