US stock futures edged lower early on Tuesday, pausing after a record-setting rally as investors weighed another burst of artificial-intelligence spending against fresh economic data and fading expectations for Federal Reserve rate cuts. Premarket trading showed the market’s split mood. Hewlett Packard Enterprise jumped nearly 29% after pulling forward long-term targets on AI server demand,… Continue reading Dow futures fall 200 points: 5 things to know before Wall Street opens
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Abivax stock crashes as safety fears overshadow bowel disease drug trial win
Abivax shares fell 31% even after the French biotech reported strong late-stage data for obefazimod, its experimental treatment for ulcerative colitis. The once-daily oral therapy met the main goal and all key secondary endpoints in a Phase 3 maintenance study, strengthening the case for a potential new option in a market still led by injectable… Continue reading Abivax stock crashes as safety fears overshadow bowel disease drug trial win
STOXX 600 opens higher ahead of key Eurozone inflation data
European shares opened higher on Tuesday, supported by strong gains in technology stocks after chipmaker STMicroelectronics raised its revenue targets for its data centre business. Investors also remained focused on a key eurozone inflation report due later in the day, which could provide further clues about the impact of the Middle East conflict on the… Continue reading STOXX 600 opens higher ahead of key Eurozone inflation data
India slips to seventh-largest equity market as South Korea surges on AI chip rally
India’s equity market slipped to seventh place globally by market capitalisation on Tuesday, as heavy foreign investor selling, weaker earnings growth, and limited exposure to artificial intelligence-linked stocks enabled South Korea to move ahead. Data from stock exchanges showed that the combined market value of companies listed on South Korea’s KOSPI, KOSDAQ, and KONEX exchanges… Continue reading India slips to seventh-largest equity market as South Korea surges on AI chip rally
HPE stock soars 36% as AI server boom fuels record quarter, outlook raised
Hewlett Packard Enterprise shares surged more than 36% in after-hours trading after the company reported record second-quarter results and raised its growth outlook, underscoring the strength of enterprise spending on artificial intelligence infrastructure. The rally puts the stock on track for its largest single-day gain on record if the after-hours advance carries into Tuesday’s trading… Continue reading HPE stock soars 36% as AI server boom fuels record quarter, outlook raised
SMFG calls for clear BOJ normalisation roadmap after June hike
The Bank of Japan should provide a clear roadmap for policy normalisation following an anticipated interest rate increase in June to help stabilise the government bond market, according to Arihiro Nagata, global markets chief at Sumitomo Mitsui Financial Group. Speaking to Reuters, Nagata said he expects the BOJ to raise interest rates at its June… Continue reading SMFG calls for clear BOJ normalisation roadmap after June hike
Nvidia secures AI chip supply as Jensen Huang signals massive growth ahead
Nvidia Chief Executive Officer Jensen Huang said the company has secured enough supply to support strong growth in central and graphics processors, even as demand for artificial intelligence keeps the chipmaker under pressure to expand capacity. Speaking during Computex week in Taipei on Tuesday, Huang said Nvidia had lined up supply for robust growth across… Continue reading Nvidia secures AI chip supply as Jensen Huang signals massive growth ahead
Arm names ByteDance and Oracle as users of its AI data centre CPUs
Arm Holdings has named ByteDance and Oracle as customers for its artificial intelligence data centre chips, marking a notable disclosure for the UK-based chip designer as it seeks a larger role in the infrastructure powering AI workloads. Chief Executive Officer Rene Haas identified the two companies during an appearance at Computex in Taipei on June… Continue reading Arm names ByteDance and Oracle as users of its AI data centre CPUs
Rolls-Royce share price has recoiled: will it jump to 1,500p in June?
Rolls-Royce’s share price is having a more difficult year than it did in 2025, when it surged to a record high. While it has jumped 21.8% over the past six months, it remains up just 10% year to date. So, is this consolidation a good buying opportunity? Why the Rolls-Royce share price struggling Rolls-Royce Holdings… Continue reading Rolls-Royce share price has recoiled: will it jump to 1,500p in June?
