Wall Street may have solved a nagging mystery in global oil markets as doomsday scenarios have yet to arrive
https://finance.yahoo.com/sectors/energy/articles/wall-street-may-solved-nagging-224009888.html
https://finance.yahoo.com/sectors/energy/articles/wall-street-may-solved-nagging-224009888.html
Yahoo Finance
Wall Street may have solved a nagging mystery in global oil markets as doomsday scenarios have yet to arrive
China has quietly emerged as the global oil market's stealthy swing consumer, potentially holding off doomsday a while longer.
US takes step to halt Nvidia AI chip shipments to Chinese firms outside China
https://finance.yahoo.com/sectors/technology/articles/us-takes-step-halt-nvidia-200939040.html
https://finance.yahoo.com/sectors/technology/articles/us-takes-step-halt-nvidia-200939040.html
Yahoo Finance
US takes step to halt Nvidia AI chip shipments to Chinese firms outside China
The U.S. Department of Commerce on Sunday moved to close a potential loophole that may have led companies to export the world's most advanced chips - like Nvidia's most sophisticated Blackwell processors - to subsidiaries of Chinese companies located outside…
Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data
https://finance.yahoo.com/economy/policy/articles/bond-trader-bets-fed-hike-190000197.html
https://finance.yahoo.com/economy/policy/articles/bond-trader-bets-fed-hike-190000197.html
CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’
https://finance.yahoo.com/sectors/technology/articles/ceos-blame-ai-layoffs-mit-154604034.html
https://finance.yahoo.com/sectors/technology/articles/ceos-blame-ai-layoffs-mit-154604034.html
Yahoo Finance
CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying…
Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.
Nvidia CEO to kick off and dominate Computex gathering in Taipei
https://finance.yahoo.com/sectors/technology/articles/nvidia-ceo-kick-off-dominate-230526997.html
https://finance.yahoo.com/sectors/technology/articles/nvidia-ceo-kick-off-dominate-230526997.html
Yahoo Finance
Nvidia launches new chip to bring AI directly to personal computers
Nvidia on Monday unveiled a new chip that puts artificial intelligence capabilities directly into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple. CEO Jensen Huang, who is in Taiwan for the Computex…
DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027
https://www.businesstimes.com.sg/companies-markets/dbs-open-18-new-and-36-upgraded-wealth-centres-across-apac-2027
https://www.businesstimes.com.sg/companies-markets/dbs-open-18-new-and-36-upgraded-wealth-centres-across-apac-2027
The Business Times
DBS to open 18 new and 36 upgraded wealth centres across Apac by 2027
First centre expected to open in Q3 2026; will roll out in Singapore, Hong Kong, China, India, Indonesia and Taiwan Read more at The Business Times.
Nvidia debuts RTX Spark processor for Windows laptops, taking aim at Intel, AMD
https://finance.yahoo.com/news/nvidia-debuts-rtx-spark-processor-for-windows-laptops-taking-aim-at-intel-amd-053000567.html
https://finance.yahoo.com/news/nvidia-debuts-rtx-spark-processor-for-windows-laptops-taking-aim-at-intel-amd-053000567.html
Yahoo Finance
Nvidia debuts RTX Spark processor for Windows laptops, taking aim at Intel, AMD
Nvidia debuted its RTX Spark processor for Windows laptops, taking aim at Intel and AMD.
Nvidia Says Anthropic, OpenAI Among Users of New Vera Chip
https://finance.yahoo.com/sectors/technology/articles/nvidia-says-anthropic-openai-among-041102143.html
https://finance.yahoo.com/sectors/technology/articles/nvidia-says-anthropic-openai-among-041102143.html
Yahoo Finance
Nvidia Says Anthropic, OpenAI Among Users of New Vera Chip
(Bloomberg) -- Nvidia Corp. said Anthropic PBC, OpenAI and SpaceX are among the first big users of its upcoming microprocessor, securing key customers for its latest attempt to expand an already extensive footprint in AI data centers.Most Read from BloombergUS…
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
https://finance.yahoo.com/sectors/energy/articles/oil-bosses-warn-prices-soar-225429957.html
https://finance.yahoo.com/sectors/energy/articles/oil-bosses-warn-prices-soar-225429957.html
Yahoo Finance
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
"You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”
Americans Hurt in Kuwait as Trump Sends Mixed Signals on War
https://finance.yahoo.com/economy/policy/articles/americans-hurt-kuwait-trump-sends-092342076.html
https://finance.yahoo.com/economy/policy/articles/americans-hurt-kuwait-trump-sends-092342076.html
Yahoo Finance
Americans Hurt in Kuwait as Trump Sends Mixed Signals on War
(Bloomberg) -- Several Americans were hurt in a missile attack on a Kuwaiti air base over the past day as negotiations to extend the ceasefire with Iran dragged on without conclusion.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit…
Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age
https://finance.yahoo.com/sectors/technology/articles/snowflake-ceo-says-monster-quarter-173355563.html
https://finance.yahoo.com/sectors/technology/articles/snowflake-ceo-says-monster-quarter-173355563.html
Yahoo Finance
Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age
Sridhar Ramaswamy predicts that companies reliant on seat-based income will scramble to justify their premiums as employees use AI to accomplish an immense amount of work.
Fortinet vs. CrowdStrike: What Comparing Revenue Trends Tells Investors
https://finance.yahoo.com/markets/stocks/articles/fortinet-vs-crowdstrike-comparing-revenue-155414840.html
https://finance.yahoo.com/markets/stocks/articles/fortinet-vs-crowdstrike-comparing-revenue-155414840.html
Yahoo Finance
Fortinet vs. CrowdStrike: What Comparing Revenue Trends Tells Investors
Recent filings reveal contrasting revenue patterns and net income margins for two leading cybersecurity players.
European cloud providers back EU push to cut reliance on US tech
https://finance.yahoo.com/sectors/technology/articles/european-cloud-providers-back-eu-073911661.html
https://finance.yahoo.com/sectors/technology/articles/european-cloud-providers-back-eu-073911661.html
Yahoo Finance
European cloud providers back EU push to cut reliance on US tech
Thirteen European cloud providers joined forces with a group of EU lawmakers and NGOs on Monday to back the European Commission's drive to cut the region's dependence on U.S. technologies and support local businesses. The Commission is set to announce…
Global subsidies rebound, especially in China, OECD says
https://finance.yahoo.com/economy/policy/articles/global-subsidies-rebound-especially-china-105727602.html
https://finance.yahoo.com/economy/policy/articles/global-subsidies-rebound-especially-china-105727602.html
Yahoo Finance
Global subsidies rebound, especially in China, OECD says
PARIS, June 1 () - Government subsidies to industry have reached their highest level since the global financial crisis, driven largely by China, a report from the Organisation for Economic Cooperation and Development said on Monday.
<Full-day Takeaway>HSI Closes at 25,398, Up 215 pts; HSTI Closes at 4,964, Up 80 pts; MEITUAN Up over 6%; CHINA RES POWER, CATL, HUANENG POWER, CHINA POWER Hit New Highs; Market Turnover Rises AASTOCKS Financial News - Top News
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1526963/top-news/AAFN
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1526963/top-news/AAFN
AASTOCKS.COM
<Full-day Takeaway>HSI Closes at 25,398, Up 215 pts; HSTI Closes at 4,964, Up 80 pts; MEITUAN Up over 6%; CHINA RES POWER, CATL…
At close, HSI rose 215 pts or 0.9% to 25,398. HSTI rose 80 pts or 1.7% to 4,964. HSCEI gaine...
<H Shrs>HSI Leaps 215 pts at Close; MEITUAN-W Jumps Up 6%+ Ahead of Results; MINIMAX-W Plunges ~16% AASTOCKS Financial News - Top News
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1526977/top-news/AAFN
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1526977/top-news/AAFN
AASTOCKS.COM
<H Shrs>HSI Leaps 215 pts at Close; MEITUAN-W Jumps Up 6%+ Ahead of Results; MINIMAX-W Plunges ~16%
The HSI opened down 2 pts this morning (1st) before turning higher, once peaking at 25,486, but ...
Stocks making the biggest moves premarket: Nvidia, Arm, Taylor Morrison & more
https://www.cnbc.com/2026/06/01/stocks-making-the-biggest-moves-premarket-nnvda-arm-qcom.html?__source=androidappshare
https://www.cnbc.com/2026/06/01/stocks-making-the-biggest-moves-premarket-nnvda-arm-qcom.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Nvidia, Arm, Taylor Morrison, Qualcomm & more
These are the stocks posting the largest moves premarket.
Evening Update: Today’s headlines from The Straits Times on June 1, 2026
https://str.sg/LvYR
https://str.sg/LvYR
The Straits Times
Evening Update: Today’s headlines from The Straits Times on June 1, 2026
Read more at straitstimes.com.
Berkshire Hathaway deal, the cost of the war and more: Morning Squawk
https://www.cnbc.com/2026/06/01/5-things-to-know-before-the-market-opens.html?__source=androidappshare
https://www.cnbc.com/2026/06/01/5-things-to-know-before-the-market-opens.html?__source=androidappshare
CNBC
Berkshire Hathaway deal, startups grapple with AI, the cost of the Iran war and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
#USMarketUpdate
S&P 500 rises to start June, but it’s all tech as oil spike hits rest of the market:
Live updates
Nvidia shares offered support to the broader market, climbing 5% after the company unveiled a new processor for personal computers. Dell Technologies and HP Inc followed Nvidia higher, rising more than 8% each. Intel, which for years dominated the PC chip market, fell more than 3%.
Oil prices also rose to start the trading week. West Texas Intermediate crude futures gained 6% on Monday to around $92 a barrel, while Brent crude added 5% to around $95. In May, the U.S. benchmark posted its steepest monthly decline since April 2025, tumbling nearly 17%.
Those moves follow Iranian state media reporting that the country’s negotiators are stopping communication with the U.S. and that Tehran will completely shut the Strait of Hormuz because of Israeli attacks on Lebanon.
President Donald Trump told CNBC in response that he doesn’t care if peace negotiations with Iran are over, saying to CNBC’s Eamon Javers in a phone interview, “I really don’t care. I couldn’t care less.” He also said that he was “going to ask” Israeli Prime Minister Benjamin Netanyahu “what’s going on with Lebanon.”
https://www.cnbc.com/2026/05/31/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 rises to start June, but it’s all tech as oil spike hits rest of the market:
Live updates
Nvidia shares offered support to the broader market, climbing 5% after the company unveiled a new processor for personal computers. Dell Technologies and HP Inc followed Nvidia higher, rising more than 8% each. Intel, which for years dominated the PC chip market, fell more than 3%.
Oil prices also rose to start the trading week. West Texas Intermediate crude futures gained 6% on Monday to around $92 a barrel, while Brent crude added 5% to around $95. In May, the U.S. benchmark posted its steepest monthly decline since April 2025, tumbling nearly 17%.
Those moves follow Iranian state media reporting that the country’s negotiators are stopping communication with the U.S. and that Tehran will completely shut the Strait of Hormuz because of Israeli attacks on Lebanon.
President Donald Trump told CNBC in response that he doesn’t care if peace negotiations with Iran are over, saying to CNBC’s Eamon Javers in a phone interview, “I really don’t care. I couldn’t care less.” He also said that he was “going to ask” Israeli Prime Minister Benjamin Netanyahu “what’s going on with Lebanon.”
https://www.cnbc.com/2026/05/31/stock-market-today-live-updates.html?__source=androidappshare
CNBC
S&P 500 futures turn red as oil jumps, overshadowing Nvidia gain: Live updates
Stocks wrapped up a strong May, with all three major indexes posting solid gains.
Treasury yields hold steady after U.S. and Iran exchange strikes
https://www.cnbc.com/2026/06/01/treasury-yields-us-iran-war-oil.html?__source=androidappshare
https://www.cnbc.com/2026/06/01/treasury-yields-us-iran-war-oil.html?__source=androidappshare
CNBC
Treasury yields hold steady after U.S. and Iran exchange strikes
Treasury yields rose Monday after the U.S. and Iran exchanged fire near the Strait of Hormuz.