Iran war hits 100 days as S&P 500 reaches new highs
Why it matters: Oil, bond and inflation risks remain elevated even as investors keep betting the conflict will stay contained.
Bloomberg, CNBC
#AI
24 stories on this subject
White House AI adviser Sriram Krishnan steps down
What's next: Krishnan will stay on as an outside adviser as the Trump administration pushes a lighter-touch AI policy.
Bloomberg, The Hill +1
OpenAI and White House weigh U.S. stake in $850 billion AI firm
What's new: The talks could seed a public wealth fund with equity and come as OpenAI prepares for a possible IPO this year.
Bloomberg, CNBC +2
Trump directs $700 million to 13 coal plants and export projects
Why it matters: The plan uses national defense authority and aims to keep aging plants running as power demand rises.
Bloomberg, PBS NewsHour +3
Google locks in $920 million-a-month AI capacity deal with SpaceX
What's new: The pact covers about 110,000 Nvidia GPUs through June 2029 and gives Google an exit if capacity misses a Sept. 30, 2026 deadline.
Meta falls more than 5% on report of possible AI stock sale
What's new: Meta is weighing a share sale that could raise tens of billions, though the company said no banks have been hired and no deal is set.
Series: Meta · AI Funding Plan · 2 chapters since Jun 2Reid Hoffman to leave Microsoft board after nearly 10 years
What's next: The LinkedIn co-founder will stay on until Microsoft's annual meeting as he shifts focus to AI drug startup Manas.
Bloomberg, CNBC
Apple heads into WWDC with Siri overhaul central to AI push
Why it matters: Investors are weighing whether a more capable Siri can drive iPhone upgrades and support Apple’s rich valuation.
Anthropic files for IPO, setting up a major test of AI valuations
What's next: The offering could expose Anthropic's gross margins and reset pricing for private AI rivals.
Bloomberg, CNBC
Anthropic urges global pause in high-risk AI development
The company wants governments and AI labs to set shared triggers and checks to slow research before risks become uncontrollable.
Axios, The Business Times (Singapore) +1
Anthropic pushes global AI pause plan as labor risks grow
What's next: The company plans talks with policymakers and rival labs in coming months on shared thresholds for slowing risky AI work.
Bloomberg, The Business Times (Singapore)
Alphabet seeks $80 billion for AI buildout, with $10 billion from Berkshire
What's new: The Google parent plans $30 billion in underwritten sales and a $40 billion at-the-market program starting in the third quarter.
Canada maps out C$2 billion AI push focused on jobs and sovereignty
What's new: Ottawa plans a public supercomputer, AI data centers and C$500 million for domestic AI firms, with a goal of boosting capacity by 2030.
Series: Canada · National AI Strategy · 6 chapters since Jun 5Tech rout, Bitcoin slide test demand ahead of SpaceX IPO
Why it matters: A 5% Nasdaq 100 drop and Bitcoin falling below $60,000 could drain retail cash from what may be a record IPO.
Bloomberg, The Business Times (Singapore)
Marvell, Flex enter S&P 500 on June 22, replacing 2 companies
What's new: Marvell shares rose 5% and Flex gained 4% after hours after S&P Dow Jones Indices set the reshuffle.
Bloomberg, CNBC
US adds 172,000 jobs in May, pushing Fed rate cuts further back
What's new: Traders cut the odds of a June rate reduction and raised the chance of a rate hike by the end of 2026.
Series: United States · May 2026 Jobs Report · 4 chapters since Jun 5Canada rolls out C$2 billion AI plan to build compute, keep talent
What's new: Ottawa wants a public supercomputer, more data centers and C$500 million for domestic AI firms, with possible equity stakes.
Series: Canada · National AI Strategy · 6 chapters since Jun 5US May payrolls seen slowing to 80,000 as layoffs pick up
Why it matters: A weak reading could sharpen bets on Fed rate cuts as economists see unemployment holding at 4.3%.
Bloomberg, CNBC
JPMorgan lifts Tesla target to $475, citing robotaxi and AI upside
What's new: The bank moved Tesla to neutral from underweight and sees revenue topping $200 billion by 2030.
Marvell, Flex join S&P 500 on June 22, replacing 2 companies
What's new: Marvell rose 5% and Flex 4% after hours as the reshuffle adds two tech-linked names to the benchmark.
Marvell, Flex enter S&P 500 on June 22, replacing 2 companies
What's new: Marvell rose 5% and Flex gained 4% after hours as the reshuffle added two tech-linked manufacturers to the benchmark.
Trump orders 30-day government review of top AI models
What's new: The order also sets up an AI cyber clearinghouse after concern over Anthropic's unreleased Mythos model.
The New York Times, Bloomberg +7
Dow jumps 875 points to a record as Broadcom drags Nasdaq
Why it matters: The split session showed money rotating into health care and financials even as chip stocks sold off on AI valuation worries.
Global stocks wobble as Iran-US strikes lift oil above $94
Why it matters: Brent jumped as much as 6.5%, fueling inflation worries and pressuring bonds even as AI-linked shares stayed strong.
CNBC, Channel News Asia +1