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Europe plans to propose strict criteria for cloud computing services ‌in highly critical state tenders that could exclude Amazon, Microsoft ‌and Google from such projects, according to documents seen by Reuters. The proposal is part ​of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will announce on Wednesday as part of a package of measures aimed at reducing Europe's dependence on U.S. tech and promoting ‌European businesses. The drive for ⁠sovereignty requirements in sensitive sectors such as banking, energy, healthcare and comes amid fears of surveillance by the ⁠United States and that it may get unlawful access to Europeans' data on the basis of its laws such as the Cloud Act which ​requires U.S.-based ​providers to grant authorities access to ​data even if it is ‌stored abroad.

By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon

Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) sit on opposite ends of the largest rail deal in U.S. history: a stock-and-cash transaction valued at $320 per share and $85 billion in enterprise value. The Surface Transportation Board (STB) accepted the revised application on May 28, 2026, then paused the review to request more ... Union Pacific vs Norfolk Southern: Which Side of the Megamerger Should You Own?

Investing.com -- Morgan Stanley analyst Michael Wilson is growing more constructive on economically sensitive sectors, pointing to improving earnings revisions across Consumer Discretionary, Transportation and Financials as a sign that the cyclical recovery is broadening.

For the first time since the 2008 global financial crisis, a stock has jumped straight from the small-cap ranks to the mega-capitalization segment of Russell indexes—driven by excitement about artificial intelligence.

A new Fortune analysis gauges what a merger would mean financially.

Marvel has a Hulk. SpaceX has "the Algorithm."

The prospective valuation of Elon Musk's space and artificial intelligence (AI) company would need to fall by an additional $1.25 trillion to escape historical bubble territory.

Palo Alto Networks Inc. (NASDAQ:PANW) is one of the best future tech stocks to buy according to billionaires. On May 29, Palo Alto Networks officially closed its acquisition of Portkey, a leader in AI Gateway technology. The move is designed to enhance the capabilities of the Prisma AIRS security platform, providing a centralized control plane […]

By Medha Singh and Twesha Dikshit June 1 (Reuters) - U.S. stock index futures climbed on Monday, supported by gains in Nvidia and Microsoft following their latest AI initiatives as investors looked

Broadcom is due to report earnings Wednesday afternoon, with traders anticipating a big move in its stock that could take it to new highs.

Telecom ‌equipment firm ​Motorola Solutions said ‌on ⁠Monday it ⁠has ​agreed ​to ​buy ‌counter-drone technology company ‌D-Fend ​Solutions ​for $1.5 ​billion. (Reporting ‌by Anhata ​Rooprai ​in ​Bengaluru; ‌Editing by ​Devika ​Syamnath)

Earnings season is winding down, but we still have a couple of big name companies reporting. This week we have Broadcom, Crowdstrike, Palo Alto Networks, Medtronic and Ciena Corp all reporting.

A jump in oil prices is doing little to take the shine off of U.S. stocks this morning. Brent crude futures are up more than 3% to trade above $94 a barrel after a weekend exchange of fire between the U.S. and Iran, even as both countries continue to hammer out a peace deal. Adding to the fervor this morning was Nvidia’s unveiling of its new superchip, which it described as “the most efficient PC chip ever built.”

Crypto exchange Binance said on Monday it has launched stock and exchange-traded ‌fund trading for customers on its platform, ‌expanding beyond digital assets into traditional financial markets. • Binance said users will have access to more than 7,000 U.S. stocks and exchange-traded funds on its app, in addition to crypto ‌tokens. • Customers will ⁠also be able to buy fractional shares, allowing them to invest in portions of ⁠stocks with as little as $5, the crypto firm added.

The fastest path doesn't run through the Nasdaq fund everyone's watching — analysts say a plain total-market fund in millions of retirement accounts could be positioned to buy within a week of the IPO. And SpaceX lost $4.9 billion last year. Here's what it means for the money you've already invested.

(Bloomberg) -- China strengthened oversight of outbound investment through a new directive, tightening cross-border capital flows as its technology rivalry with the US intensifies.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injured in Iranian Missile Strike on Ku

The announcement, which comes at the beginning of Nvidia’s GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.

This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.

This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.

This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.

This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.

Inside a three-day gathering where a group of heirs collectively worth $7 billion learn the secrets to staying rich.

Canada’s Nisga’a Nation isn’t known as a big energy player, but the Indigenous government is backing a project to export LNG from British Columbia overseas. The project would have been a pipe dream a few years ago under Prime Minister Justin Trudeau. Prime Minister Mark Carney is greasing the wheels to get exports flowing beyond America, partly out of necessity due to President Donald Trump’s trade war.

U.S. stock index futures climbed on Monday, starting June on a firm footing, as the latest AI push from Nvidia and Microsoft ‌lifted shares, even as uncertainty over the Middle East war lingered. Nvidia rose 1.6% ‌in premarket trading after the world's most valuable company unveiled a new chip that brings AI capabilities to ​laptops and desktops, set for release this fall. The chip is a result of a three-year partnership with Microsoft to "reinvent the PC" for the AI era, Nvidia CEO Jensen Huang said.

For years, Tesla dominated Elon Musk's growth narrative. But SpaceX may soon compete for investor attention, capital, and excitement.

(Bloomberg) -- Big Food is packing protein into chips, waffles and even Starbucks’ lattes, and consumers can’t get enough of it.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-Trump Outsider Wins Colombia Vote, Sets Up Heated RunoffBut that insatiable demand now has the in

Pfizer could attract investors if Warsh's "regime change" at the Fed leads to market turbulence.

Abercrombie keeps its 2026 outlook intact as ERP disruption fades, Americas/APAC stay strong and EMEA softness tied to the Middle East conflict lingers.

The additional investments in France come as the company expands its metal, alloy and magnet making operations in the country.