Why SoundHound AI's CEO Says the Company Doesn't Need to Spend Excessively on AI Like Big Tech Giants
https://finance.yahoo.com/markets/stocks/articles/why-soundhound-ais-ceo-says-143500582.html

Here's What Nvidia CEO Jensen Huang Said That's Causing Big Moves in The AI Trade Today
https://finance.yahoo.com/sectors/technology/articles/heres-nvidia-ceo-jensen-huang-134939868.html

Anthropic killing all software companies? This chart says nope.
https://finance.yahoo.com/markets/article/anthropic-killing-all-software-companies-this-chart-says-nope-134239102.html

#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq waver as oil surges

Live updates

Markets entered June weighing conflicting signals on an interim Middle East peace deal awaiting President Trump’s approval. On Monday, Trump posted on Truth Social that “it will all work out well,” even after the US and Iran traded fire over the weekend.

Oil prices pushed higher on Monday after Iran’s semi-official news agency Tasnim reported that Iran had suspended talks with the US over Israel’s actions in Lebanon and Gaza, which added to uncertainty around the ceasefire deal.

https://finance.yahoo.com/markets/stocks/live/stock-market-today-monday-june-1-dow-sp-nasdaq-waver-225422932.html

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Wall St ends higher, boosted by tech gains, US-Iran peace hopes | Reuters

SUMMARY
Indexes up: Dow 0.09%, S&P 500 0.26%, Nasdaq 0.42%
Nvidia gains on unveiling new chip to bring AI to laptops
Micron shares top $1,000 for the first time
Jobs report, Broadcom results on deck this week

NEW YORK, June 1 (Reuters) - Wall Street stocks posted modest gains on Monday as investors watched developments in U.S.-Iran peace negotiations and cheered the unveiling of a new computer chip that ‌promises to bring artificial intelligence to personal computing.

Tech shares rose 2.5%, boosting the Nasdaq and the S&P 500 to the latest in a series of record closing highs, while the blue-chip Dow closed nominally higher, its gains limited by weakness in all but two of the 11 major S&P 500 sectors.


U.S. President Donald Trump said talks with Iran continue. Earlier, Iran's news agency announced Tehran ​was halting indirect negotiations with Washington after a new round of strikes threatened to derail diplomatic efforts to end the war, now in its fourth ​month.

The intensification of hostilities sent crude prices jumping, along with worries over the extent to which a protracted war could accelerate inflation.

Stocks added to ​their gains after Trump said no Israeli troops would go into Beirut, citing a call with Israeli Prime Minister Benjamin Netanyahu.

Nvidia (NVDA.O), opens new tab rose 6.3% after the company unveiled a new chip that puts AI capabilities directly into personal computers.
The chip is the result of a three-year partnership with Microsoft (MSFT.O), opens new tab to "reinvent the PC" for the AI era, Nvidia CEO Jensen Huang said. Microsoft shares added 2.3%.

The reaction among ​semiconductor stocks was mixed.
Qualcomm (QCOM.O), opens new tab tumbled 8.8%, while Intel (INTC.O), opens new tab fell 4.7%. But Micron (MU.O), opens new tab shares breached the $1,000 mark for the first time, rising 6.6%.

The Philadelphia SE Semiconductor Index (.SOX), opens new tab ​advanced 1.1%.

In economic news, U.S. factory activity expanded in May for the fifth consecutive month as goods-makers navigate tariff and geopolitical crosswinds.

Investors will turn to Friday's jobs report ahead of Kevin ‌Warsh's debut ⁠policy meeting as chairman of the U.S. Federal Reserve this month, amid fears of rising inflation linked to the Iran war that could upend the stock market rally.

The Dow Jones Industrial Average (.DJI), opens new tab rose 46.42 points, or 0.09%, to 51,078.88, the S&P 500 (.SPX), opens new tab gained 19.90 points, or 0.26%, to 7,599.96 and the Nasdaq Composite (.IXIC), opens new tab gained 114.19 points, or 0.42%, to 27,086.81.

Of the 11 major sectors in the S&P 500, only technology (.SPLRCT), opens new tab and energy (.SPNY), opens new tab enjoyed gains, while utilities suffered the largest percentage drop.

Software stocks rebounded from ​the heavy selling earlier this year on ​AI disruption fears. ServiceNow (NOW.N), opens new tab and IBM (IBM.N), opens new tab ⁠rose 9.2% and 7.6%, respectively. The software services index (.SPLRCIS), opens new tab advanced 4.3%.

"On the software side, companies that hadn't been doing very well, but now are doing well today," Martin added. "Some of that has been attributed to Nvidia comments that software is part ​of the solution, so the market's coming back to" software stocks.

Cadence Design Systems (CDNS.O), opens new tab added 10.5% after launching an Nvidia-powered AI ​agent for chip design.

Broadcom's (AVGO.O), opens new tab ⁠earnings, due on Wednesday, will be closely parsed in the wake of solid results from Dell (DELL.N), opens new tab last week, which signaled strong AI server demand.


https://www.reuters.com/world/africa/wall-street-futures-gain-ai-advances-overshadow-us-iran-tensions-2026-06-01/

US stocks close higher, boosted by tech gains, US-Iran peace hopes
https://www.straitstimes.com/business/companies-markets/us-stocks-close-higher-boosted-by-tech-gains-us-iran-peace-hopes

While You Were Sleeping: 5 stories you might have missed, June 2, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-2-2026

https://vt.tiktok.com/ZSxTNnHsK/

HPE soars after record quarter on AI boom
https://finance.yahoo.com/sectors/technology/articles/hpe-expects-achieve-2028-financial-200651884.html

https://vt.tiktok.com/ZSxwCN6FP/

PBOC Currency Policy Guessing Game is Traders’ New AI Experiment
https://finance.yahoo.com/markets/currencies/articles/pboc-currency-policy-guessing-game-230000748.html

BYD sales rise for first time in 9 months on overseas demand
https://www.straitstimes.com/business/companies-markets/byd-sales-rise-for-first-time-in-9-months-on-overseas-demand

Trump Aims to Calm Lebanon Tensions to Keep Peace Talks Alive
https://finance.yahoo.com/sectors/energy/articles/iran-halt-message-exchanges-us-140254019.html

Morning Briefing: Top stories from The Straits Times on June 2, 2026

https://str.sg/v5UQ

https://vt.tiktok.com/ZSxTYQXTY/

A Singaporean employee has sparked discussion online after asking when earning a six-figure annual salary ceased to be considered a major financial milestone.

👉 https://tsl.to/6figureincome

@mustsharenews

#HKMarketUpdate

https://www.tradingview.com/news/reuters.com,2026:newsml_L4N429096:0-china-stocks-dip-to-six-week-low-as-techs-drag-factory-activity-stalls/

DBS, OCBC at fresh highs as Singapore banks lead STI gains - The Business Times
https://www.businesstimes.com.sg/companies-markets/dbs-ocbc-fresh-highs-singapore-banks-lead-sti-gains

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‘Capital guaranteed upon death’: Such labels for investment-linked policies are misleading, warn MAS, Life Insurance Association

Some insurance agents and financial adviser representatives have used the term “capital guaranteed upon death” to refer to the death benefit of ILPs, in an attempt to appeal to Singaporeans’ penchant for safer investments, especially among seniors and pre-retirees.

https://bt.sg/DNuSv

Rising land bids push new condo prices up - will S$3,000 psf be a new normal? - The Business Times
https://www.businesstimes.com.sg/property/rising-land-bids-push-new-condo-prices-focus-will-s3000-psf-be-new-normal

The Land Transport Authority (LTA) has reminded active mobility device users about rule changes that took effect on 1 June.

In responses, some netizens have said stricter enforcement is needed to ensure compliance.

👉 https://tsl.to/newruleslta

@mustsharenews

Budget 2026 payouts will be rolled out across the year, here are the key dates to note. 👆🗓

Read more in the article 👉 https://tinyurl.com/4zrzbbab

#HKMarketUpdate

https://www.tradingview.com/news/te_news:555714:0-hong-kong-stocks-rally-on-tech-gains/