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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Chief Executive Officer Nikesh Arora said the results should demonstrate that fears of a so-called “SaaS-Pocalypse,” in which AI-native firms will come to displace legacy software incumbents, are misplaced as applied to the cybersecurity industry.

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today Mixed day for stocks.

Yahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading and trending tech stories, including President Trump's executive order to scale back review requirements for AI model developers when they submit them to the federal government for assessment.

Texas Instruments on Tuesday named insider Julie Knecht as its finance ‌chief, succeeding Rafael Lizardi, who will retire ‌after 25 years with the analog chipmaker. Knecht, currently chief ​accounting officer and vice president of accounting and tax, will assume the role on August 1, while Lizardi will take an advisory role through ‌Aug. 31 to ⁠support the transition. CEO Haviv Ilan said Lizardi helped steer the company's capital ⁠allocation strategy, including investments in 300-millimeter manufacturing capacity and a focus on returning free cash flow ​to shareholders.

Tesla stock bounced on Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. Don’t expect SpaceX to follow the same trajectory even as Musk tries to justify SpaceX’s valuation. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap.

The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite rose less than 0.1%. Marvell Technology leaped to its biggest gain on record after Nvidia’s CEO suggested it could be the next company to be worth $1 trillion. The Nasdaq composite rose 7.09 points, or less than 0.1%, to 27,093.90.

Banks are in line to make hundreds of millions of dollars from the offering; JPM has an additional role as party planner.

Watch the interview below, or Click HERE: Tech Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ann Bowering, CEO, Issuer Services, North America at Computershare Limited (ASX: CPU.AX). The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how large IPOs are bringing more retail investors into public markets, ways […] The post Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq appeared first o

Monster Beverage (MNST) just earned another vote of confidence from Wall Street, and the reasoning behind it tells investors more than the new price tag does. Morgan Stanley lifted its target on the energy drink giant and kept its bullish rating in place. The size of the increase is small. The ...

Meta is dialing back elements of its plan to collect employee mouse movements, keystrokes and other actions ‌for use as AI training data, it said in an ‌internal memo on Tuesday, following weeks of angry pushback from staffers. New controls will allow ​employees to pause the data collection for up to 30 minutes at a time and request exemptions from the initiative, according to the memo, authored by Stephane Kasriel, a vice president in Meta's AI model-building Superintelligence Labs ‌unit. A Meta spokesperson declined to comment.

The financial data giant is expanding its presence in the opaque private credit market.

While Yum Brands has been pursuing a sale of the Pizza Hut Brand, the struggling pizza purveyor has been sued by one of its largest franchise operators. Chaac Pizza Northeast, which operates more than 110 Pizza Hut locations across New York, New Jersey, Maryland, Pennsylvania and Washington, D.C., ...

Hewlett Packard Enterprise (HPE) is holding onto major gains ahead of Tuesday's close after topping fiscal second quarter estimates for adjusted earnings ($0.79 per share vs. forecasts of $0.54) and revenue ($10.68 billion vs. forecasts of $9.74 billion). The tech company's stock moves are driven by the growth of its AI server business, now being considered a new contender in the AI infrastructure race. HPE CEO Antonio Neri sits down with Yahoo Finance Executive Editor Brian Sozzi to talk more about the earnings results, 2027 guidance, AI infrastructure, and supply constraints. This was HPE's biggest earnings beat seen since 2018, on top of record revenue.

Broadcom Faces High-Stakes Earnings Test. Oppenheimer Says AI Could Deliver Another Beat

Two years ago, Wall Street was asking whether AI would destroy Google Search. The question drove real anxiety among Alphabet investors and pushed some analysts to cut targets. The data Piper Sandler just published suggests that question may have been the wrong one entirely. The right question, it ...

The company filed with the SEC and could go public as early as next month.

Investing.com -- Microsoft Corp announced Tuesday a new quantum computing chip developed with artificial intelligence assistance and set a 2029 target for commercially viable quantum machines.

Microsoft stock slides Tuesday after retaking its 200-day moving average. Shares are well below their all-time high of 555.45.

Oddity is getting hit with another massive post-earnings sell-off, and the stock is down roughly 87% over the last year.

As North America's largest pure-play LTL carrier, the newly spun-off company faces a shrunken market, skeptical analysts and a long road to its own margin targets.

Investing.com -- Goldman Sachs CEO David Solomon said Tuesday that there is sufficient capital available as major artificial intelligence companies prepare to enter public markets.

By Stephen Nellis SAN FRANCISCO, June 2 (Reuters) - Microsoft on Tuesday unveiled a new quantum computing chip that it redesigned with the help of AI, saying it now believes it will have commercially

Everyone is waiting for the SpaceX IPO. But don’t sleep on big debuts from other unicorns, such as gas engine maker Innio and quantum computer firm Quantinuum.

Surging prices at the gasoline pump have consumers thinking twice about how much they are spending in the convenience store, supermarket or anywhere else. Mike Del Pozzo, president of PepsiCo’s U.S. beverages business, says one response is to shrink drink sizes.

Microsoft is leaning on AI to help it fight back against hackers.

Microsoft is leaning on AI to help it fight back against hackers.

Life sciences cloud software provider Veeva Systems (NYSE:VEEV) will be announcing earnings results this Wednesday after market hours. Here’s what investors should know.

FedEx Freight was spun off from FedEx to operate independently.

Serve Robotics, operator of a fleet of urban delivery robots, is expanding beyond food delivery to laundry delivery.