TD Securities’ Ryan McKay notes that Gold is struggling to recover as renewed tariffs and US-Iran tensions fuel an inflationary impulse and push expectations for a Federal Reserve (Fed) hike into early 2027. He highlights that CTA's (Commodity Trading Advisors) see Gold ne
Microsoft closed at $441.31 on June 2, 2026, posting a 4.86% quarterly loss despite beating top and bottom-line estimates. Microsoft Corporation (NASDAQ:MSFT) shares fell 4.86% in Q1 2026, closing at $441.31 on June 2, despite outperforming earnings expectations. The decli
Prior was 50.9 - Final April reading was 51.0 - Final composite PMI 51.5 vs 51.7 prelim and 51.7 prior The ISM services survey is due at the top of the hour, alongside factory orders. The ISM services survey is due at the top of the hour, alongside factory orders Mo
There Are 4 Companies Valued at Over $3 Trillion. These Are the 2 That I Would Load Up on Right Now As the artificial intelligence (AI) boom has progressed, many tech companies' valuations have skyrocketed. The stock market didn't get its first trillion-dollar compa
ADP reported Wednesday that private sector employers added 122,000 jobs in May, the strongest monthly total since Jan. 2025. Economists surveyed by Dow Jones had projected a gain of 110,000, meaning the result came in above expectations, CNBC noted April's total was
Taiwan Semiconductor Manufacturing surged as IT sector strength and earnings resilience drove outperformance in volatile markets. Taiwan Semiconductor Manufacturing (TSM) closed at $446.69 on June 2, 2026, posting a 6.48% one-month return. The gain reflected strong demand
LONDON, June 3 Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at the company's WhatsApp-focused Convers
- SpaceX is planning to offer shares at $135 apiece to raise $75 billion in its initial public offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Mos
Strategists warn current market valuations and conditions mirror pre-crash 1987, despite AI-driven gains in the S&P 500. The S&P 500’s record-setting rally, driven by AI investments, has drawn parallels to the 1987 Black Monday crash. Deutsche Bank strategist Jim Reid high
Quick Read - The market now punishes beat-and-raise quarters lacking AI attribution, as seen with ASML and ServiceNow, both of which fell despite exceeding revenue estimates and raising guidance. - Snowflake, Dell, and HPE surged between 19% and 33% after explicitly crediting AI...</stron
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