U.S. stock-index futures fell on Sunday, after a massive tech selloff on Friday interrupted Wall Street’s two-month rally, and after new developments threatened the fragile cease-fire in the Iran war.
U.S. stock-index futures fell on Sunday, after a massive tech selloff on Friday interrupted Wall Street’s two-month rally, and after new developments threatened the fragile cease-fire in the Iran war.
We've seen Axiom Space and Prada's collaboration on the Axiom Extravehicular Mobility Unit (AxEMU) spacesuit. Now the company has revealed the Liquid Cooling and Ventilation Garment ( LCVG ) that astronauts will wear underneath it when Artemis IV returns humans to the Moon in 2028. The LCVG is the all-important base layer that will keep the crew cool and comfortable while inside the AxEMU and on s...
We've seen Axiom Space and Prada's collaboration on the Axiom Extravehicular Mobility Unit (AxEMU) spacesuit. Now the company has revealed the Liquid Cooling and Ventilation Garment ( LCVG ) that astronauts will wear underneath it when Artemis IV returns humans to the Moon in 2028. The LCVG is the all-important base layer that will keep the crew cool and comfortable while inside the AxEMU and on spacewalks. Cold water is circulated through tubes embedded in the suit to whisk heat away from astronauts' bodies. And, should the primary system fail, there is a backup, unlike older cooling suits. The LCVG also houses the ventilation system that su … Read the full story at The Verge.
Traders work on the floor of the New York Stock Exchange (NYSE) on May 27, 2026, in New York City. Spencer Platt | Getty Images Stock futures fell Sunday night following a violent sell-off in chip stocks, pushing the Nasdaq to its worst day in more than a year. Futures tied to the Dow Jones Industrial Average slid 150 points. S&P 500 futures lost 0.4% and Nasdaq 100 futures dropped 0.6%. Iran repo...
Traders work on the floor of the New York Stock Exchange (NYSE) on May 27, 2026, in New York City. Spencer Platt | Getty Images Stock futures fell Sunday night following a violent sell-off in chip stocks, pushing the Nasdaq to its worst day in more than a year. Futures tied to the Dow Jones Industrial Average slid 150 points. S&P 500 futures lost 0.4% and Nasdaq 100 futures dropped 0.6%. Iran reportedly launched missiles at Israel on Sunday , raising concerns about the stability of the fragile ceasefire between Washington and Tehran. The reported missile attack followed a post on X by Iranian Parliament Speaker MB Ghalibaf, who argued that the U.S. naval blockade and alleged breaches of agreements related to Lebanon constitute violations of the ceasefire. On Friday, the Nasdaq Composite fell 4.18% to 25,709.43 — its biggest drop since April 2025. The S&P 500 sank 2.64% to close at 7,383.74, and the Dow lost 695 points to end the week at 50,866.78, a day after hitting a new high. For the week, the S&P 500 dropped more than 2%, the Nasdaq fell 4.7%, and the Dow edged lower. The slide on Friday followed a stronger-than-expected May jobs report that lifted Treasury yields and intensified worries that higher financing costs could weigh on companies investing heavily in AI expansion. "The stock market may be becoming a victim of its own success," said Callie Cox, chief market strategist at Ritholtz Wealth Management. "The job market has turned around, yet the threat of persistently high inflation seems to be the risk looming on everyone's minds." "Growth and momentum have outpaced almost everything since the March lows," she added. "That's not what you'd expect in a high-rate, high-inflation environment, and these strategies may be vulnerable to disappointment if cost pressures stay elevated." In the week ahead , investors will be focused on inflation data and the public debut of Elon Musk's SpaceX on Friday. The offering is expected to be one of the largest in Wall Stree...
In early June 2026, Lam Research came under pressure as new U.S. restrictions on chip equipment shipments to Chinese customers coincided with a broad semiconductor pullback following Broadcom’s weaker earnings outlook and rising interest-rate worries. Beyond the immediate regulatory and sector shock, the episode underscores how heavily Lam’s fortunes are tied to geopolitical decisions and sentimen...
In early June 2026, Lam Research came under pressure as new U.S. restrictions on chip equipment shipments to Chinese customers coincided with a broad semiconductor pullback following Broadcom’s weaker earnings outlook and rising interest-rate worries. Beyond the immediate regulatory and sector shock, the episode underscores how heavily Lam’s fortunes are tied to geopolitical decisions and sentiment across the wider AI and chip supply chain. We’ll now examine how heightened U.S.–China export...
Tesla (NasdaqGS:TSLA) has seen a sharp decline in the value of its Bitcoin holdings following the recent cryptocurrency downturn. The company’s digital asset exposure is back in focus as investors reassess the risk profile of its crypto strategy. At the same time, Tesla reported around 40% sales growth in China for May, highlighting stronger activity in a key market. Tesla is also expanding the ro...
Tesla (NasdaqGS:TSLA) has seen a sharp decline in the value of its Bitcoin holdings following the recent cryptocurrency downturn. The company’s digital asset exposure is back in focus as investors reassess the risk profile of its crypto strategy. At the same time, Tesla reported around 40% sales growth in China for May, highlighting stronger activity in a key market. Tesla is also expanding the rollout of its Full Self-Driving (FSD) software in China, one of its most important international...
Alibaba Group Holding partnered with UK organizers at Smart Manufacturing Week to showcase its agentic AI platform, Accio Work, to European SMEs. The Smart Manufacturing Week deployment marks one of Alibaba’s first public, hands-on uses of Accio Work outside China, focused on real factory and operations use cases. The partnership positions Alibaba’s AI tools as a potential option for European SMEs...
Alibaba Group Holding partnered with UK organizers at Smart Manufacturing Week to showcase its agentic AI platform, Accio Work, to European SMEs. The Smart Manufacturing Week deployment marks one of Alibaba’s first public, hands-on uses of Accio Work outside China, focused on real factory and operations use cases. The partnership positions Alibaba’s AI tools as a potential option for European SMEs looking to improve operational efficiency and resilience. For investors tracking NYSE:BABA,...
Equities looked set for more losses after a tech-led selloff on Wall Street Friday and a robust jobs report fueled expectations for an interest-rate hike by the Federal Reserve. Equity-index futures for the Nasdaq 100 dropped 0.5% after the underlying gauge had its biggest fall since April 2025 on Friday. Contracts for the S&P 500 fell 0.4%. The Nikkei in Japan and the Kospi index in South Korea, ...
Equities looked set for more losses after a tech-led selloff on Wall Street Friday and a robust jobs report fueled expectations for an interest-rate hike by the Federal Reserve. Equity-index futures for the Nasdaq 100 dropped 0.5% after the underlying gauge had its biggest fall since April 2025 on Friday. Contracts for the S&P 500 fell 0.4%. The Nikkei in Japan and the Kospi index in South Korea, the world’s best-performing gauge this year on the back of a rally in artificial-intelligence shares, were also primed for losses. Elsewhere, Brent crude oil jumped 3.5% to over $96 a barrel as Middle East tensions flared again with Iran firing missiles at Israel. Gold slipped to about $4,320 an ounce, while the dollar strengthened against most of its Group-of-10 peers. Treasuries fell on Friday after the jobs report added to bets the Fed’s next rate move will be a hike. Bitcoin traded near $62,000, after falling below $60,000 for the first time since October 2024. The concerted slide in stocks and bonds was the biggest setback in months for the latest leg of the bull market, which traces to the end of March when negotiations began in earnest to end the war in Iran. Amid concerns about inflation and elevated oil prices, investors have begun to question the sustainability of AI-driven gains, raising doubts about whether the rally has run too far, too fast. “For us, we worry that it is likely the start of a meaningful decline, even if it’s not the end of this bull market,” wrote Matt Maley , chief market strategist at Miller Tabak. “Longer term, we believe that we’re in a major bubble that will end very badly eventually.” On Friday, Wall Street ’s historic weekly run came to a halt as a selloff in tech stocks gathered momentum. Stocks also face rising risk with mega AI deals ready to flood markets. The Nasdaq 100 Index sank 4.8%, while growing anxiety about valuations sent the S&P 500 down 2.6%, with the index failing to complete a 10th straight week of gains. A gauge of chip...
Oil surged after Iran fired several rounds of missiles toward Israel, threatening a fragile ceasefire as talks to end the war falter. Brent spiked as much as 3.6% to $96.47 a barrel, while West Texas Intermediate jumped near $94 before trimming some gains. The attacks were a warning to Israel to “ cease their hostile actions ” in Lebanon, an Iranian military adviser told the semi-official Iranian ...
Oil surged after Iran fired several rounds of missiles toward Israel, threatening a fragile ceasefire as talks to end the war falter. Brent spiked as much as 3.6% to $96.47 a barrel, while West Texas Intermediate jumped near $94 before trimming some gains. The attacks were a warning to Israel to “ cease their hostile actions ” in Lebanon, an Iranian military adviser told the semi-official Iranian Students’ News Agency. The Israeli military intercepted all the missiles and no casualties were reported. US President Donald Trump urged Iran to return to talks after the attack, and criticized Israel for its strikes on Beirut on Sunday, Fox News reported, citing a phone conversation. He separately told Axios he would press Israeli Prime Minister Benjamin Netanyahu not to retaliate. There’s been a flare up in hostilities over the past week across the Middle East that’s threatening to derail the truce and complicate negotiations to end the war. The conflict has led to the near-closure of the crucial Strait of Hormuz, choking off supplies of crude, fuels and natural gas to global customers. “This weekend’s escalation between Israel and Iran shows us once again how fragile the ceasefire is,” said Andy Lipow , president of Lipow Oil Associates. “ Increased hostilities result in a greater geopolitical risk that the strait could be closed longer than expected, while raising the odds that Iran could take additional steps to restrict shipping in the Red Sea.” On Sunday, US Central Command said it downed two Iranian attack drones that threatened international maritime traffic in the Strait of Hormuz, which followed six ballistic missiles fired at Bahrain and Kuwait on Friday. Those were intercepted, while the US struck Iranian coastal surveillance radar sites. Brent for August settlement advanced 2.9% to $ 95.76 a barrel at 6:28 a.m. in Singapore. Futures slid 4.8% over the previous two sessions. WTI for July delivery jumped 2.7% to $ 92.94 a barrel. Several sticking points remain ...
China expanded its nuclear warhead stockpile over the past year and might have increased the number deployed with operational forces, a Swedish think tank report said, warning that major powers were “walking away” from disarmament commitments. According to the report released on Monday as part of the Stockholm International Peace Research Institute’s (SIPRI) latest yearbook, China added 20 warhead...
China expanded its nuclear warhead stockpile over the past year and might have increased the number deployed with operational forces, a Swedish think tank report said, warning that major powers were “walking away” from disarmament commitments. According to the report released on Monday as part of the Stockholm International Peace Research Institute’s (SIPRI) latest yearbook, China added 20 warheads to its nuclear stockpile as of January 2026, bringing the total to 620, up from 600 a year...
Major earnings expected before the bell on Monday include: The Campbell's Company ( CPB ) FuelCell Energy ( FCEL ) Graham Corporation ( GHM ) VinFast Auto Ltd. ( VFS ) Duluth Holdings ( DLTH ) Motorcar Parts of America ( MPAA ) For Seeking Alpha's full earnings season calendar, click here .
Major earnings expected before the bell on Monday include: The Campbell's Company ( CPB ) FuelCell Energy ( FCEL ) Graham Corporation ( GHM ) VinFast Auto Ltd. ( VFS ) Duluth Holdings ( DLTH ) Motorcar Parts of America ( MPAA ) For Seeking Alpha's full earnings season calendar, click here .
James Heckman is the Henry Schultz distinguished service professor of economics and public policy and director of the Centre for the Economics of Human Development at the University of Chicago. Heckman has devoted his professional life to understanding the origins of major social and economic questions related to inequality, social mobility, discrimination and the formation of skills and regulatio...
James Heckman is the Henry Schultz distinguished service professor of economics and public policy and director of the Centre for the Economics of Human Development at the University of Chicago. Heckman has devoted his professional life to understanding the origins of major social and economic questions related to inequality, social mobility, discrimination and the formation of skills and regulation in labour markets. He has also done extensive research in China’s labour market and early...