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Trump Post on Iran Accelerates Stock Sell-Off, Sends Oil Higher
The Wall Street Journal107d agobearish
Trump Post on Iran Accelerates Stock Sell-Off, Sends Oil Higher

President Trump threatened Iran in a Truth Social post early Wednesday, sending U.S. stock futures lower and boosting oil prices. “They’ve taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!!” he wrote.

Nasdaq plunges 1,100 points over renewed rate hike concerns
Yahoo Finance Video111d agobearishVIDEO
Nasdaq plunges 1,100 points over renewed rate hike concerns

US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.

Morning Bid: Missing the mark
Reuters112d agobearish
Morning Bid: Missing the mark

By Anna Szymanski June 5 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Intel Lands AI Partnership With Apple Supplier Foxconn. Why the Stock Is Falling.
Barrons.com113d agobearish
Intel Lands AI Partnership With Apple Supplier Foxconn. Why the Stock Is Falling.

Intel is teaming up with Apple supplier Foxconn to develop artificial-intelligence infrastructure—but that wasn’t enough to stop the chip manufacturer’s stock from sliding on Thursday. The selloff came after Intel and Foxconn, also known as Hon Hai Precision Industry said they would collaborate to speed up the AI buildout. “Together, we are accelerating the delivery of end-to-end platforms that unlock new capabilities and extend the impact of AI worldwide,” Intel CEO Lip-Bu Tan said.