Nvidia introduced new AI-focused products at Computex, including the Vera CPU for AI agents, the RTX Spark superchip, and the Cosmos 3 open-source model, signaling advances in AI technology. JetBlue updated its outlook, reporting strong travel demand and healthy bookings through Q2, indicating a positive trend in the airline sector. MGM Resorts surged after reports of an $18 billion cash bid from People Inc., offering an 11% premium, suggesting potential major industry consolidation. Former Fed Chair Jerome Powell cautioned against political interference in the Federal Reserve, emphasizing the importance of its independence for economic stability. Goldman Sachs forecasted a record $225 billion in IPO proceeds for 2026, but noted this supply remains manageable relative to the market size.
Nvidia unveiled new ARM-based hardware at Computex 2026, including the "Vera" CPU designed for AI and data centers. Jim Cramer praised the move, calling it a major positive for ARM Holdings, whose stock has surged over 200% this year. Nvidia is shift...
Microsoft partnered with NVIDIA to create a more secure Windows platform for AI agents, announced at NVIDIA GTC Taipei. The new system includes enhanced security features like identity, containment, and policy controls, plus NVIDIA's OpenShell runtim...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
On Monday, semiconductor stocks showed mixed performance amid close monitoring of interest rates. AMD's stock appears to be softening, potentially dropping below $500 after a strong run since April, suggesting a needed pullback for value buying. Inte...
Shares of software companies like ServiceNow, Asana, and Adobe surged following Nvidia's announcement of RTX Spark, a new Arm-based CPU designed for AI agents in consumer laptops and mini PCs. This 'superchip,' developed with Microsoft, is expected t...
