🐳 WhalePool Traders Journal

Anthropic Just Gave Investors One More Reason To Avoid the SpaceX IPO
https://finance.yahoo.com/markets/stocks/articles/anthropic-just-gave-investors-one-154000017.html

Yahoo Finance

Anthropic Just Gave Investors One More Reason To Avoid the SpaceX IPO

Anthropic makes xAI look significantly overvalued.

174 views18:06

🐳 WhalePool Traders Journal

CRWD Q1 Deep Dive: AI Security Demand Drives Guidance Raise, Market Reacts Negatively
https://finance.yahoo.com/markets/stocks/articles/crwd-q1-deep-dive-ai-154130053.html

Yahoo Finance

CRWD Q1 Deep Dive: AI Security Demand Drives Guidance Raise, Market Reacts Negatively

Cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 25.6% year on year to $1.39 billion. The company expects next quarter’s revenue to be around $1.44 billion, close…

169 views18:07

🐳 WhalePool Traders Journal

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
https://finance.yahoo.com/sectors/technology/articles/goldman-sachs-expects-spacexs-ai-152151131.html

Yahoo Finance

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by 2030, up from $3.2 billion ‌in 2025, according to the Wall Street bank's forecasts shared ‌with a potential investor, the Financial Times reported on Thursday. The investment…

83 views18:08

🐳 WhalePool Traders Journal

US will uphold tariff caps in deals with EU, Japan and others, U.S. trade chief says
https://finance.yahoo.com/economy/policy/articles/us-uphold-tariff-caps-deals-133223971.html

Yahoo Finance

US will uphold tariff caps in deals with EU, Japan and others, U.S. trade chief says

PARIS, June 4 () - The United States will respect the tariff caps in trade deals ‌struck with the European Union, Japan and ‌other countries and planned U. tariffs over forced labour provide the legal basis to do so, U.

103 views18:08

🐳 WhalePool Traders Journal

Is Snowflake the New Market Darling of AI Software -- or Will It Follow Palantir's Path?
https://finance.yahoo.com/markets/stocks/articles/snowflake-market-darling-ai-software-151800034.html

Yahoo Finance

Is Snowflake the New Market Darling of AI Software -- or Will It Follow Palantir's Path?

Snowflake stock surged following its latest quarterly report, but can it sustain that momentum?

193 views18:08

🐳 WhalePool Traders Journal

#USMarketUpdate
Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq | Reuters

SUMMARY
Indexes: Dow up 1.73%, S&P 500 up 0.41%, Nasdaq off 0.09%
U.S. chipmakers dip after Broadcom's quarterly results
CrowdStrike slumps on rise in quarterly operating expenses
Weekly jobless claims increase more than expected; AI-related layoffs on the rise

NEW YORK, June 4 (Reuters) - Wall Street advanced on Thursday as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip selloff that pulled the Nasdaq lower.

The blue-chip Dow surged, ‌hitting a record closing high with a boost from healthcare (.SPXHC), opens new tab and financial stocks (.SPSY), opens new tab.

Chipmaker Broadcom (AVGO.O), opens new tab missed revenue expectations, sending its shares tumbling 12.6% and casting a pall over the AI frenzy, which has sent chip stocks (.SOX), opens new tab up over 92% so far this year.

The U.S. House of Representatives passed a measure on Wednesday that would block President Donald Trump from continuing the war on Iran.

Additionally, a U.S.-mediated ceasefire agreement between Israel and Lebanon, an essential condition of an Iranian agreement to a peace deal, bolstered optimism of a near-term resolution to the war. But the truce was rejected by the pro-Iran Hezbollah, which said it would not withdraw troops from Lebanon.

A drop in front-month crude futures reflected hopes that tanker traffic through the crucial Strait of Hormuz could shortly resume.

On the economic front, initial jobless claims unexpectedly rose 6.1%, and first-quarter labor costs and productivity were revised sharply lower. A report from Challenger, Gray and Christmas showed layoffs announced by U.S. corporations ‌jumped 11% ⁠in May to 97,006. Nearly 40% of those layoffs were attributed to AI...

Among the 11 major sectors of the S&P 500, healthcare and financial stocks boasted the biggest percentage gains, while technology shares (.SPLRCT), opens new tab were the biggest laggards...

Chipmaker Marvell Technology (MRVL.O), opens new tab gained 4.9%, while Advanced Micro Devices (AMD.O), opens new tab, Micron Technology (MU.O), opens new tab and Qualcomm (QCOM.O), opens new tab fell between 2.6% and 7.7%.

The healthcare sector got a boost from UnitedHealth (UNH.N), opens new tab, which jumped 5.2% after Bank of ⁠America raised its rating on the healthcare conglomerate's shares to "buy."

The financial index's rebound followed a sharp selloff in the previous session due to revived concerns over private credit.

Blackstone (BX.N), opens new tab became the latest asset manager to cap withdrawals from its flagship private credit fund following a rise in redemption requests. Its shares rose 7.5%.
Cybersecurity firm CrowdStrike (CRWD.O), opens new tab slumped 3.8% after reporting an increase in quarterly operating expenses...

https://www.reuters.com/business/nasdaq-futures-lead-declines-after-broadcom-drop-2026-06-04/

Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq
https://www.straitstimes.com/business/companies-markets/dow-claims-record-closing-high-sp-500-advances-chip-selloff-weighs-on-nasdaq

111 viewsedited 22:39