Wall Street's benchmark equity indexes fell intraday amid a sharp sell-off in technology stocks, as

Speaker Mike Johnson (R-La.) will head to the White House for a meeting Tuesday, an aide familiar confirmed, as a key spy powers tool’s expiration looms and the House GOP ramps up ambitious plans for a third party-line budget bill. Mick Mulvaney, who served as director of the Office of Management and Budget and as acting chief of staff in Trump’s first term, joined Balance of Power to discuss. (Source: Bloomberg)

OpenAI has joined AI rivals with plans for a public listing later this year after the ChatGPT maker confidentially filed its S-1. This comes as the AI IPO pipeline has now reached some $3.6 trillion. However, according to PitchBook research, OpenAI may end up being the most expensive bet. Harrison Rolfes, senior analyst for PitchBook's private company coverage, joins Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)

Bloomberg’s Caroline Hyde discusses why Taiwan is weighing some of its toughest restrictions yet on AI chip sales to China, and OpenAI joining its AI rivals with plans for a potential public listing later this year. Plus, Apple lays the foundation for the AI era and hints at the company's upcoming foldable iPhone. (Source: Bloomberg)

PM Images/DigitalVision via Getty Images The Large Cap Equity Fund's Institutional Class returned -12.04% in the first quarter, compared to -4.22% for the Bloomberg U.S. 1000 Index. While the calendar flipped from 2025 to 2026, the Fund's recent performance challenges continued. We believe our companies are doing just fine, on balance, and we think they are collectively growing their business values at acceptable rates. Their stock prices simply do not reflect the business progress that we see. You don't need a weatherman to know which way the wind blows. - Bob Dylan Long-term investing often means returns do not come on a schedule. The recent period of poor results has been as frustrating for us as we know it has been for you. The upside for our investors is that the portfolio is much cheaper today than it was 3 (or 18) months ago. Starting valuations do matter, and the latest round of multiple compression may serve as a coiled spring for forward return potential. The Fund remained concentrated in our best ideas, and we still have strong conviction in the core of the portfolio. Yet, we also need to invest in the “real-world” market that we face every day, rather than the market that we would like to have. Due to a confluence of factors, the stock market is increasingly thematic, temperamental, and subject to violent short-term swings. We are long-term investors, and we often talk about the value and challenges associated with “looking across a valley” to generate returns. Well, in today's world, we might encounter a dozen different peaks and valleys across our investment horizon, and both sides can be steep and deep. As a result, we must be increasingly nimble and decisive to make sure the market is serving us, rather than the other way around. Using data-driven insights, we continued to adapt and tweak the tactics required to “take what the market gives us.” Specifically, we have been more active on both sides of the buy and sell ledger, consistent with our valuat...

Palantir Technologies Inc Stock (PLTR) Moved Down by 4.00% on Jun 9: What Signal Does It Send? TradingKey

Qualcomm Inc Stock (QCOM) Moved Down by 8.21% on Jun 9: Drivers Behind the Movement TradingKey

This is a demand-constrained year for Palantir Technologies. The company's Artificial Intelligence Platform is pitched as the only reliable option for its core government and industrial customers.

Can PLTR Stock Live Up To Its Multiple? Trefis

Source: Bloomberg, 44:01

In this week's column, we're going to look at the similarities and differences between betting on horses and investing in stocks — and then share our outlook on the growth trade selloff that began last week. We're coming off a fun weekend here in Saratoga Springs, N.Y. following the running of the Belmont Stakes, the third leg of the Triple Crown. Local trainer Cherie DeVaux became the first female trainer to win both the Kentucky Derby and the Belmont Stakes. Unfortunately, she skipped entering her winning horse Golden Tempo in the Preakness, so no Triple Crown this year. How is this relevant? While waiting for my wife to choose a dress and hat for the event, I found myself with some free time contemplating the similarities and differences between betting on horses and investing in the market. I had enough time to write a full blog post on it, which I'll link below. The summary goes like this: with horse racing, you can study the bloodline of the horse, past race stats, and the trainer's history to inform your pick. Right up until the gates open, you can watch the odds shift as money flows into the market and make a last-minute bet. But once the horses are in the gate, your bet is locked. There's nothing you can do to manage risk from that point forward. Investing is different. Like horse racing, you can study a company's financials, future projections, management team and addressable market before placing your bet. But that's where the similarities end. After you've committed capital to a stock, you can watch your analysis play out in real time as the company navigates incoming data, changing market conditions and macroeconomic developments — and you can adjust. You can size up, size down or exit entirely. Think about how many variables arise in a horse race — track conditions, your horse's temperament that day, how the field is running, the quality of the start — that would send bettors rushing back to the window if they could. Investors have that window. It neve...

Anthony Soohoo, CEO of MoneyGram, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss the launch of MoneyGram's own stablecoin MGUSD and MoneyGram's ambition for global adoption. (Source: Bloomberg)

Apple (NASDAQ: AAPL) and Palantir (NASDAQ: PLTR) both posted their eighth straight EPS beat this spring, but the businesses behind the numbers could not look more different. Apple is selling more iPhone 17 units to a 2.5 billion device installed base. Palantir is signing AI deployment contracts at a pace that doubled its U.S. business. ... Palantir vs. Apple: Which Stock Offers More Upside in 2026?

Recent swings in Arm Holdings (NasdaqGS:ARM) have tracked a wider pullback in semiconductor and AI infrastructure stocks, after Broadcom’s cautious AI revenue outlook and a stronger US payrolls report prompted profit-taking in growth oriented technology names. See our latest analysis for Arm Holdings. Against that backdrop, Arm’s share price is now US$346.39, with a 7 day share price return down 15.28% after a sharp sector pullback. However, a 30 day share price return of 62.42% and year to...

Meta Platforms (NasdaqGS:META) is launching a US$115 million America's Workforce Academy to train workers for data center and AI infrastructure roles across the United States. The company is partnering with industry associations to roll out the program nationwide as demand for skilled technical labor in data centers grows. Meta is also expanding in-store Meta Lab experience zones with Best Buy to give shoppers hands-on access to its AI hardware products. In Europe, the EU Commission has...

Meta Weighs AI Growth Plans Against Regulatory Pressure And Valuation Upside Yahoo Finance

Bad News For Bulls: BTIG Nailed Tuesday's Nasdaq Selloff Benzinga

PeterTakacs/iStock Editorial via Getty Images In March, I upgraded Saab ( SAABF , SAABY ) from hold to buy on a revitalized war environment. However, it quickly turned out that investors have been more concerned about the impact on input costs and supply chains rather than seeing this as an opportunity to justify higher valuation multiples. The result is that the stock has dropped by nearly 25% while the S&P 500 gained 12.1%. In this report, I discuss the Q1 2026 earnings and update my price target, as I believe the current share price offers a good buy opportunity for dollar-cost averaging. Saab Backlog Progresses With Short Cycle Work As Key Driver For Full Booking Backlog by year (Saab (Earnings Presentation)) At the end of the first quarter, the backlog was SEK 274 billion or $29 billion. We note that backlog visibility is improving strongly, especially for 2027. At the same time, we note that there still is work to be done. Currently, roughly 84% of the expected revenues for 2026 have already been recognized or booked. For 2027, we note that over 70% of the expected revenues have already been booked. The company booked around SEK 18 billion in orders during the first quarter. At that rate, by the end of the second quarter and perhaps into the third quarter, 2026 will be fully booked, and there should be sufficient time to fully book 2027 as well. So, I don’t expect any problems there with a focus on short-cycle work. Saab Shows Impressive Sales and Gross Profit Growth but Also Sees Higher Fixed Costs Q1 Earnings (Saab (Earnings Presentation)) In the first quarter, sales grew 21.4% to SEK 19.2 billion, with gross margins remaining stable around 23.5%. EBIT grew 32% to SEK 1.92 billion on improving operating leverage, which drove the margins from 9.2% to 10%. EBITDA grew 27.6% to SEK 2.73 billion, with margins expanding 70 basis points to 14.3% Aeronautics sales increased 15% to SEK 5.2 billion, driven by the Gripen program. However, EBIT declined by 11% to SEK 3...

【有線新聞】公務員事務局局長楊何蓓茵指，提出公務員劃一加薪2%是肯定公務員工作，但須考慮政府財政及地緣政治，又強調薪酬趨勢調查絕對有參考價值。 楊何蓓茵：「得出來的淨指標給我們很有用的參考，就是私營市場的薪酬還要分開三級，不同分級僱員薪酬走勢如何。我相信大家都不想沒有了這個參考，然後我們憑空取一個數字，這樣更不科學化和無根無據。不過這是六個因素之一，其他因素我們不能忽視已發生的事情或風險點。」

格隆汇6月10日｜谷歌(GOOG.O)Gemini：推出智能体风险监控功能。

Broadcom (NasdaqGS:AVGO) has launched a $35b AI infrastructure financing platform, called the AI XPV Platform, in partnership with Apollo Global Management and Blackstone. The platform is designed to support more than 20 gigawatts of AI compute capacity by 2028, with Anthropic and OpenAI as initial customers. Broadcom will provide custom XPUs and networking solutions, while Apollo and Blackstone focus on financing and leasing structures. For investors tracking AI infrastructure, this move...

【有線新聞】機場二號客運大樓啟用半個月，15間航空公司完成進駐，運輸及物流局局長陳美寶到場視察運作情況。 運輸及物流局局長陳美寶：「今日其實最後一間航空公司進駐，今早最早的飛機五點多就起飛，一切的措施和配套都準備充足。剛才有和幾組旅客聊天，感受得到他們使用自助登機或人手登機的設施非常暢順，大家也懷著好興奮的心情，體現了未出發先興奮。二號客運大樓是全新客運大樓，我知道團隊自家製作了全新自助登機櫃台設施，給大家的感覺是又好輕盈又好新式又好方便。」

winhorse American Express ( AXP ) stock rose 1.9% in Tuesday afternoon trading after its chief financial officer said he expects the card issuer's fee revenue to pick up in the rest of the year. "We see strength across the portfolio," CFO Christophe Le Caillec said at the Morgan Stanley US Financials Conference. Q2-to-date billing growth is slightly better than Q1 2026, which was the company's strongest quarter in three years, he said. Demand for new cards is very strong and tracking to the company's plans, he added. Furthermore, credit is strong as well. Inflation, as it stands now, hasn't changed American Express's ( AXP ) confidence in its card members. "I feel good about our portfolio of consumers and their ability to navigate this situation and handle it without creating a credit event or impacting their spend," Le Caillec said . More on American Express American Express Company (AXP) Presents at Morgan Stanley US Financials Conference 2026 Transcript American Express: The Path To Recovery Is Not Express But Safe Nonetheless American Express Company (AXP) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Dividend Roundup: UnitedHealth Group, Verizon, Alphabet, American Express, and more The 10 least attractive large-cap financial stocks in the U.S

(RTTNews) - The Switzerland market started off on a slightly weak note on Tuesday but swiftly moved into positive territory and then stayed firm throughout the session to close modestly up.

⚽ Updates from the Group A3 fixture; kick-off 8pm BST ⚽ Mail Will | Hemp backs team to bounce back Pre-match reading … England (4-3-3): Hampton; Le Tissier, Carter, Morgan, Charles; Walsh, Stanway, Blindkilde Brown; Hemp, Russo, James. Continue reading...