Dow Jones futures fall due to US-Iran deal uncertainty Dow Jones futures decline 0.20% below 51,050, while S&P 500 futures lose 0.11% to near 7,600. Meanwhile, Nasdaq 100 futures fall 0.14%, trading near 30,520 during the European hours on Tuesday, ahead of the US regular<
Philip Morris revises EPS guidance due to impairment charge Philip Morris International has cut its 2026 full-year reported diluted EPS guidance. The revision is due to a $500M non-cash impairment charge at its Canadian affiliate. The updated currency forec
Cathie Wood’s firm increased Nvidia exposure while cutting Advanced Micro Devices positions in its flagship funds as of June 1. ARK Invest purchased additional Nvidia shares across its flagship funds on June 1, marking its largest transaction of the day. The move boosts ex
Hewlett Packard Enterprise reports stronger-than-expected earnings, driven by a 40% year-over-year revenue increase. Hewlett Packard Enterprise (HPE) posted Q2 revenue of $10.68 billion, up 40% year-over-year, exceeding analyst expectations. Earnings per share (EPS) reache
Geopolitical risks rise after Iran halts indirect talks with Washington, prompting profit-taking in Japan and South Korea. Asian stocks traded mixed Tuesday as escalating US-Iran tensions dampened sentiment. Japan’s Nikkei and South Korea’s KOSPI retreated from recent reco
Bloom Energy’s CEO states the company will not raise capital despite soaring data center demand and a 100% stock increase in two months. Bloom Energy (BE) will not issue new shares to fund growth, its CEO said, even as demand from data centers driven by AI expansion surges
Lawsuit alleges ChatGPT harms minors, posing regulatory and adoption risks for AI-linked stocks like Microsoft and chipmakers. Florida filed the first state-led lawsuit against OpenAI and CEO Sam Altman on June 1, 2026, alleging ChatGPT caused or contributed to harms invol
S&P 500 futures drop after failing to hold above 7632, with sellers pushing prices toward 7578 amid bearish momentum. S&P 500 futures fell on June 1, 2026, after failing to sustain gains above the 7620-7632 resistance zone. Sellers reasserted control, driving prices back t
Credo projects $600 million from its optical portfolio as fiscal 2027 revenue growth exceeds 80%. Credo Technology Group Holding Ltd (CRDO) expects fiscal 2027 revenue growth to surpass 80%, driven by $600 million in contributions from its optical portfolio. The outlook fo
The company can repurchase up to 7.6% of its outstanding shares over the next year under the renewed program. PrairieSky Royalty (PSK) received approval from the Toronto Stock Exchange to renew its normal course issuer bid, permitting the repurchase of up to 17.55 million
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