mbbirdy/E+ via Getty Images Wall Street’s major market averages hand back earlier gains and now trade lower on Tuesday as the tech space slides. The blue chip Dow ( DJI ) was -0.4%, the benchmark S&P 500 ( SP500 ) was -0.9%, and the tech focused Nasdaq Composite ( COMP:IND ) was -1.6%. Now, here are four news stories that broke in the morning to watch out for: China’s AI expansion: Beijing is prep...
mbbirdy/E+ via Getty Images Wall Street’s major market averages hand back earlier gains and now trade lower on Tuesday as the tech space slides. The blue chip Dow ( DJI ) was -0.4%, the benchmark S&P 500 ( SP500 ) was -0.9%, and the tech focused Nasdaq Composite ( COMP:IND ) was -1.6%. Now, here are four news stories that broke in the morning to watch out for: China’s AI expansion: Beijing is preparing to spend $295 billion over the next five years to build a nationwide network of interconnected data center hubs aimed at accelerating domestic AI development. Key government bodies including the National Development and Reform Commission are drafting the blueprint, with state-owned operators such as China Mobile and China Telecom expected to run most of the new facilities. The plan reportedly targets at least 80% reliance on domestic suppliers including Huawei Technologies for key technologies like AI chips, reducing the role of U.S. companies such as Nvidia and Advanced Micro Devices. Silver price slump: Silver ( XAGUSD:CUR ) has come under significant pressure on Tuesday, extending a recent downturn and trading at $67.130/oz, down 3.5% on the day. The decline pushed the precious metal below its 200-day moving average for the first time since mid-April 2025, leaving prices on track for their lowest closing level since December 18. Silver has retreated sharply from its record high of $121.785/oz reached on January 29, falling approximately 45.5% from that peak. Housing data boost: Existing home sales rose 3.2% in May to a seasonally adjusted annual rate of 4.17 million units, significantly exceeding expectations for a gain of less than 1%. Sales of homes priced above $1 million increased 11%, underpinning gains in high-end furnishing stocks such as Arhaus, Williams-Sonoma, and RH. National Association of Realtors chief economist Lawrence Yun attributed the gain to improved affordability, noting that mortgage rates remain lower than a year ago and near the long-term hi...
Yale School of Management executive fellow and "Picking Presidents" author, Gautam Mukunda, sits down with Yahoo Finance's Julie Hyman to explain how Elon Musk's 85% voting share at SpaceX (SPAX.PVT) poses a grave threat to US capital markets.
Yale School of Management executive fellow and "Picking Presidents" author, Gautam Mukunda, sits down with Yahoo Finance's Julie Hyman to explain how Elon Musk's 85% voting share at SpaceX (SPAX.PVT) poses a grave threat to US capital markets.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...
In the race for AI dominance, it’s easy to get lost in the headline numbers: billions in new revenue, exponential growth in users, and a vision for the future that has captivated the market. For Microsoft (MSFT), the story seems compelling. But if you hold the stock, which has underperformed the market with a decline of 11.3% over the past year, your attention should be on a single, less-celebrate...
In the race for AI dominance, it’s easy to get lost in the headline numbers: billions in new revenue, exponential growth in users, and a vision for the future that has captivated the market. For Microsoft (MSFT), the story seems compelling. But if you hold the stock, which has underperformed the market with a decline of 11.3% over the past year, your attention should be on a single, less-celebrated figure: the company’s profit margin.
ollo/iStock Unreleased via Getty Images VodafoneThree has made an offer for the consumer operations of TalkTalk. Vodafone's UK arm had a made a late bid in the auction of TalkTalks' consumer division, according to a Financial Times report on Tuesday, which cited people familiar with the matter. VodafoneThree, which was formed by the £16.5bn merger between Vodafone UK ( VOD ) and Three last year, w...
ollo/iStock Unreleased via Getty Images VodafoneThree has made an offer for the consumer operations of TalkTalk. Vodafone's UK arm had a made a late bid in the auction of TalkTalks' consumer division, according to a Financial Times report on Tuesday, which cited people familiar with the matter. VodafoneThree, which was formed by the £16.5bn merger between Vodafone UK ( VOD ) and Three last year, was one of several firms to make second-round bids. TalkTalk is also looking for a buyer for its wholesale division, PXC, according to the FT. TalkTalk declined to comment to the FT. More on Vodafone Group Vodafone Group Public Limited Company 2026 Q4 - Results - Earnings Call Presentation Vodafone: Business Turnaround Seems Now To Be Priced-In (Downgrade) Vodafone Group Public Limited Company (VOD) Q4 2026 Earnings Call Transcript Europe's telecoms are dominating the foreign communication services' Quant rankings CK Hutchison agrees to $5.8B sale of VodafoneThree interest
The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Private equity firm Sycamore Partners, which took control of Boots through the acquisition of parent company Walgreens Boots Alliance last year, began discussions with ...
The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Private equity firm Sycamore Partners, which took control of Boots through the acquisition of parent company Walgreens Boots Alliance last year, began discussions with potential strategic buyers before Easter, the FT said without naming its sources. Representatives for Boots and Sycamore declined to comment. If a sale takes place then it would mean Sycamore could abandon plans for an initial public offering of Boots in London. The Canadian branch of the Weston family owns the grocery chain Loblaws and pharmacy chain Shoppers Drug Mart through its Wittington Investments vehicle, the people said. Sigma Healthcare combined with rival Chemist Warehouse Group last year.
When politicians talk ‘common sense’ it’s time to worry; when the Tory leader does, it’s time to be doubly vigilant You know how it is. You’re a middle class, straight white man in his 60s in A&E. Possibly the most disadvantaged person in the entire country. You complain of chest pains. In the adjoining triage queue there is a black woman with what looks like a broken toe. You know what happens ne...
When politicians talk ‘common sense’ it’s time to worry; when the Tory leader does, it’s time to be doubly vigilant You know how it is. You’re a middle class, straight white man in his 60s in A&E. Possibly the most disadvantaged person in the entire country. You complain of chest pains. In the adjoining triage queue there is a black woman with what looks like a broken toe. You know what happens next. The black woman is seen within minutes. You have a cardiac arrest on the waiting room floor. Said no one ever. There may be times when there simply aren’t enough staff in the A&E department. There may also be times when a doctor under pressure fails to make the right diagnosis. But no one for a minute believes they are being deliberately kept waiting any longer than necessary. The founding principle of the NHS is predicated on patients being treated according to the severity of their condition. Continue reading...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are dow...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are down about 3.3% during early trading hours on Tuesday. The tech giant on Tuesday announced that Siri AI would not be available on iPhones or iPads initially in the European Union. The company accused the European Commission of refusing to engage constructively with it to ensure privacy and security on its devices. The iPhone maker told regulators about its plans to introduce an intermediary over an 18-month period to allow virtual assistants to access Siri AI safely. However, the regulators turned down the request. The Commission repudiated Apple's criticism. According to Reuters’ report, EU Commission spokesperson Thomas Regnier told reporters in Brussels that the decision not to roll out Siri AI in the European Union was solely Apple's, adding that “there was nothing in the Digital Markets Act to stop the company from introducing new products in the EU.” Regnier added that Apple was simply not able to develop interoperability solutions that met the EU’s essential privacy and security standards. “Instead of trying to find a suitable compliance solution, Apple simply made a request to the European Commission to be exempted from its interoperability obligations under the DMA - and this for at least 18 months. That's not an option,” the spokesperson concluded. Apple did not immediately respond to Seeking Alpha's request for comment. According to the report, Europe accounted for about 27% of Apple’s overall sales in the last financial year. More on Apple Apple: The Wait Was Worth It Wall Street Brunch: SpaceX IPO, WWDC And CPI Apple Reaps AI Benefits Without Capex Burden (Rating ...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are dow...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are down about 3.3% during early trading hours on Tuesday. The tech giant on Tuesday announced that Siri AI would not be available on iPhones or iPads initially in the European Union. The company accused the European Commission of refusing to engage constructively with it to ensure privacy and security on its devices. The iPhone maker told regulators about its plans to introduce an intermediary over an 18-month period to allow virtual assistants to access Siri AI safely. However, the regulators turned down the request. The Commission repudiated Apple's criticism. According to Reuters’ report, EU Commission spokesperson Thomas Regnier told reporters in Brussels that the decision not to roll out Siri AI in the European Union was solely Apple's, adding that “there was nothing in the Digital Markets Act to stop the company from introducing new products in the EU.” Regnier added that Apple was simply not able to develop interoperability solutions that met the EU’s essential privacy and security standards. “Instead of trying to find a suitable compliance solution, Apple simply made a request to the European Commission to be exempted from its interoperability obligations under the DMA - and this for at least 18 months. That's not an option,” the spokesperson concluded. Apple did not immediately respond to Seeking Alpha's request for comment. According to the report, Europe accounted for about 27% of Apple’s overall sales in the last financial year. More on Apple Apple: The Wait Was Worth It Wall Street Brunch: SpaceX IPO, WWDC And CPI Apple Reaps AI Benefits Without Capex Burden (Rating ...
In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of American Battery Technology, off about 18% and shares of Uranium Energy down about 12.5% on the day. Also lagging the market Tues
In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of American Battery Technology, off about 18% and shares of Uranium Energy down about 12.5% on the day. Also lagging the market Tues
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.8%. Leading the group were shares of LGI Homes, up about 7.1% and shares of Hovnanian Enterprises up about 5.4% on the day. Also showing relative strength are home
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.8%. Leading the group were shares of LGI Homes, up about 7.1% and shares of Hovnanian Enterprises up about 5.4% on the day. Also showing relative strength are home
The Board of Directors of Nucor declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend. Agree R
The Board of Directors of Nucor declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend. Agree R
quantic69 Amid the insatiable demand for all things artificial intelligence-related, Goldman Sachs now believes that AI-linked servers will hit $1.24T by 2030, while traditional servers could surpass $160B. “AI server forecasts for 2026-2030 raised by ~18% on average, now expected to reach ~$1.24 tr by 2030 (v. $961 bn prior per 4Q25 forecasts), with +3% increased outlook across units and +15% inc...
quantic69 Amid the insatiable demand for all things artificial intelligence-related, Goldman Sachs now believes that AI-linked servers will hit $1.24T by 2030, while traditional servers could surpass $160B. “AI server forecasts for 2026-2030 raised by ~18% on average, now expected to reach ~$1.24 tr by 2030 (v. $961 bn prior per 4Q25 forecasts), with +3% increased outlook across units and +15% increased outlook across ASPs,” Goldman Sachs analysts wrote in a note to clients. “Traditional server forecasts for 2026-2030 raised by ~31% on average, now forecast to reach ~$164 bn by 2030 (v. $105 bn prior per 4Q25 forecasts), with +19% increased outlook across units and +10% increased outlook across [average selling prices].” The updated forecast from Goldman comes after Dell Technologies ( DELL ) and HP Enterprise ( HPE ) both reported quarterly results and increased their guidance. According to research firm 650, Dell gained share in both traditional and AI server markets, aided by the enterprise and neocloud areas. “DELL’s C1Q26 traditional server revenue was up +85% year-over-year (v. +92% reported), driven by a +24% increase in units and a +49% increase in ASPs,” Goldman Sachs explained. “By vertical, 650 Group estimates that Dell’s C1Q26 traditional server revenue growth was balanced across neoclouds +102% yoy (+34% yoy units, +50% yoy ASPs) and enterprise +91% yoy (+29% units yoy, +48% ASPs yoy). DELL’s C1Q26 traditional server hardware revenue of ~$8.0 bn was ~54% enterprise, ~40% neocloud, ~6% hyperscalers/service provider (vs. 52%/36%/12% in C1Q25). DELL gained market share in traditional server revenue (30% in 1Q26 v. 20% in 1Q25), including share gains in neocloud (35% in 1Q26 v. 26% in 1Q25) and enterprise (38% in 1Q26 v. 25% in 1Q25). DELL’s C1Q26 AI server revenue was up +$11.3 bn year-over-year (+622% year-over-year), driven by a +300% increase in units and a +81% increase in ASPs. By vertical, 650 Group estimates that Dell’s C1Q26 AI server revenue growt...
designer491/iStock via Getty Images Performance Summary Fixed income markets navigated a quarter defined by geopolitical disruption and shifting monetary policy expectations. Q1 began on constructive footing — inflation continued its gradual descent, corporate credit spreads held near historic tights, and the Fed's patient stance provided a stable backdrop. That narrative unraveled in March as the...
designer491/iStock via Getty Images Performance Summary Fixed income markets navigated a quarter defined by geopolitical disruption and shifting monetary policy expectations. Q1 began on constructive footing — inflation continued its gradual descent, corporate credit spreads held near historic tights, and the Fed's patient stance provided a stable backdrop. That narrative unraveled in March as the war in Iran closed the Strait of Hormuz, drove oil prices sharply higher, and forced markets to rapidly reprice both inflation and growth. The 10-year Treasury yield ended the quarter at 4.32%, nearly flat to year-end 2025, but the path there was anything but. The Fed held rates steady throughout Q1 and rate cut expectations softened for 2026. Municipal yields rose in Q1, with intermediate and long-term yields rising the most. Upward pressure on muni yields and substantial supply resulted in underperformance in municipal debt for the quarter, with the Bloomberg Municipal Bond Index returning -0.2%, underperforming the Bloomberg Aggregate Index which returned -0.0%. While yields have come off their early 2025 highs, they remain elevated, offering tax-conscious investors a very attractive entry point, and not just those in the highest tax brackets. The yield of the Bloomberg Municipal Bond Index rose to 3.77% in Q1, up from 3.60% at the end of Q4, offering a taxable-equivalent yield of 6.38% (in the highest tax bracket). Market Review & Outlook The Bloomberg Municipal Bond Index returned -0.18% for the first quarter of 2026. The fixed income sector saw mixed performance. First quarter results for the Bloomberg U.S. Aggregate Bond Index were -0.05%; for the Bloomberg U.S. Universal Index, -0.15%; and for the Bloomberg U.S. Treasury Index -0.04%. See below for an update on some of the key metrics in the muni market that we continue to monitor. AAA muni yields (the benchmark rate of the safest municipal securities) rose across the maturity spectrum in Q1 2026. As a reminder, an...
[The content of this article has been produced by our advertising partner.] In a defining moment for Hong Kong's educational landscape, the YK Pao Education Foundation officially announced the forthcoming opening of YK Pao School Hong Kong at a launch ceremony on 29th May, 2026. Welcoming its first cohort in August 2026, the pioneering school is conceived to meet the growing demand for internation...
[The content of this article has been produced by our advertising partner.] In a defining moment for Hong Kong's educational landscape, the YK Pao Education Foundation officially announced the forthcoming opening of YK Pao School Hong Kong at a launch ceremony on 29th May, 2026. Welcoming its first cohort in August 2026, the pioneering school is conceived to meet the growing demand for international bilingual education. Rooted in the philosophy "Learning with Joy, Living with Purpose," the...
Humans have been secretly abusing aliens for almost 80 years in this big-hearted thriller starring Josh O’Connor as a worried whistleblower and a never-more-magnetic Emily Blunt as a weather forecaster channelling UFO chat The old school is the new school in this very enjoyable and entirely ridiculous space-alien conspiracy adventure from screenwriter David Koepp and director Steven Spielberg; it ...
Humans have been secretly abusing aliens for almost 80 years in this big-hearted thriller starring Josh O’Connor as a worried whistleblower and a never-more-magnetic Emily Blunt as a weather forecaster channelling UFO chat The old school is the new school in this very enjoyable and entirely ridiculous space-alien conspiracy adventure from screenwriter David Koepp and director Steven Spielberg; it is cheerfully mischievous and deadly serious in equal measure. It has something of Hitchcock from North By Northwest, Christopher Nolan from Inception and Spielberg from pretty much every other movie he’s ever made. Spielberg incidentally appears in the trailer for this film, disclosing that, hand-on-heart, he really believes in its contents, in the way I imagine CS Lewis believed in Aslan and the secret Narnian sovereignty of Peter and Susan. Only Spielberg could get away with taking two of the world’s best-known hoaxes – Roswell and crop circles – and treating them with judicious deadpan respect. With heartfelt idealism, Spielberg also asks us to believe that should the ultimate truth come out, people everywhere would be terribly upset at the way captured aliens have been vivisected. (I suspect that would be very far down the list of our concerns.) Continue reading...
WILMINGTON, Del., June 09, 2026--We’re excited to announce that Kiddopia’s subscription digital gift cards are now available in Amazon’s online store. Parents and families can now gift joyful learning experiences with flexible subscription options - including exclusive 3‑month and 6‑month plans available only on Amazon.
WILMINGTON, Del., June 09, 2026--We’re excited to announce that Kiddopia’s subscription digital gift cards are now available in Amazon’s online store. Parents and families can now gift joyful learning experiences with flexible subscription options - including exclusive 3‑month and 6‑month plans available only on Amazon.
The new pre-IPO research coverage begins as Cerebras Systems graduates from the index following its May 2026 Nasdaq listingHAUPPAUGE, N.Y., June 09, 2026 (GLOBE NEWSWIRE) -- TSG Invest, a multi-entity financial services firm providing accredited investors with research and access to pre-IPO opportunities, today announced new research coverage of Project Prometheus, the physical-artificial-intellig...
The new pre-IPO research coverage begins as Cerebras Systems graduates from the index following its May 2026 Nasdaq listingHAUPPAUGE, N.Y., June 09, 2026 (GLOBE NEWSWIRE) -- TSG Invest, a multi-entity financial services firm providing accredited investors with research and access to pre-IPO opportunities, today announced new research coverage of Project Prometheus, the physical-artificial-intelligence company co-founded by Amazon founder Jeff Bezos. Project Prometheus joins the firm’s proprietar
When most people think of major stock market indexes, their minds go to the S&P 500 , Nasdaq Composite , or Dow Jones because they're the "Big 3." One index that often flies under the radar is the Russell 2000 , which tracks the smallest 2,000 companies in the Russell 3000 index. The Russell 2000 is to small-cap stocks what the S&P 500 is to large-cap stocks, and so far this year, ETFs like the Va...
When most people think of major stock market indexes, their minds go to the S&P 500 , Nasdaq Composite , or Dow Jones because they're the "Big 3." One index that often flies under the radar is the Russell 2000 , which tracks the smallest 2,000 companies in the Russell 3000 index. The Russell 2000 is to small-cap stocks what the S&P 500 is to large-cap stocks, and so far this year, ETFs like the Vanguard Russell 2000 ETF (NASDAQ: VTWO) have outperformed all of the "Big 3" indexes. If you have $1,000 available to invest, it could be a great addition to your portfolio for the long haul. Image source: Getty Images. Continue reading