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Alphabet's $80B Stock Sale: Buffett's $10B Bet and the AI Capex Arms Race Reshaping Big Tech
Finance

Alphabet's $80B Stock Sale: Buffett's $10B Bet and the AI Capex Arms Race Reshaping Big Tech

Alphabet announced an $80 billion equity raise on June 1, 2026 — $10B from Berkshire Hathaway, $30B in public offerings, and $40B in an at-the-market program — its first stock issuance in roughly 20 y...

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years
Finance

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years

The S 500 hit 7,599.96 on June 1, 2026, but just 4% of stocks made new highs — narrowest breadth rally in 27 years. Michael Burry's $1.1B AI put book is 80% of his fund; BofA targets 7,100; Mag 7 at 3...

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC
Finance

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC

Bitcoin fell below $70,000 on June 2, 2026, as $766M in leveraged positions were liquidated. Mt. Gox moved 10,422 BTC worth $739M, Strategy sold Bitcoin for the first time since 2022, and spot Bitcoin...

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street
Finance

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street

Hewlett Packard Enterprise (HPE) delivered its biggest earnings beat since 2018, sending shares up roughly 30% in after-hours trading on June 1, 2026. The Q2 FY2026 print featured 40% year-over-year r...

Broadcom Q2 FY2026 Earnings Preview: $22B Revenue, $73B AI Backlog, and the June 3 Print That Could Redefine AVGO
Finance

Broadcom Q2 FY2026 Earnings Preview: $22B Revenue, $73B AI Backlog, and the June 3 Print That Could Redefine AVGO

Broadcom (NASDAQ: AVGO) is set to report Q2 fiscal 2026 earnings after the bell on Wednesday, June 3, 2026, with Wall Street expecting roughly $22 billion in revenue (up 47% year-over-year) and $2.40 ...

ISM Manufacturing PMI May 2026: 54.0% Signals 4-Year High as US Factory Sector Breaks Out
Finance

ISM Manufacturing PMI May 2026: 54.0% Signals 4-Year High as US Factory Sector Breaks Out

The U.S. ISM Manufacturing PMI jumped to 54.0% in May 2026, up 1.3 points from April's 52.7% and the highest reading since May 2022. The print beat consensus of 53.0, extended the expansion streak to ...

Anthropic Files for IPO: How Claude's $965 Billion Parent Just Triggered Wall Street's Most Audacious AI Public Offering
Finance

Anthropic Files for IPO: How Claude's $965 Billion Parent Just Triggered Wall Street's Most Audacious AI Public Offering

Anthropic filed confidentially for an IPO on June 1, 2026, days after closing a $65 billion Series H that valued the Claude maker at $965 billion. With annualized run-rate revenue past $30 billion, a ...

HBM Memory Chip Supercycle 2026: How SK Hynix, Micron, and Samsung Formed the Newest $1 Trillion Club
Finance

HBM Memory Chip Supercycle 2026: How SK Hynix, Micron, and Samsung Formed the Newest $1 Trillion Club

SK Hynix, Micron, and Samsung have all crossed $1 trillion in 2026, with Micron and SK Hynix hitting the milestone within 48 hours in late May. The catalyst: high-bandwidth memory has become the tight...

NVIDIA Q1 FY2027 Earnings: $81.6B Revenue, $75.2B Data Center, $80B Buyback, and Why the Stock Fell on a Beat
Finance

NVIDIA Q1 FY2027 Earnings: $81.6B Revenue, $75.2B Data Center, $80B Buyback, and Why the Stock Fell on a Beat

NVIDIA delivered a record $81.6 billion in Q1 FY2027 revenue, with data center sales surging 92% to $75.2 billion. Despite crushing Wall Street estimates and issuing $91 billion Q2 guidance, the stock...

US National Debt at $39.5 Trillion: How America Hit a $1T Interest Bill, Why DOGE Failed, and What It Means for Your Wallet in 2026
Finance

US National Debt at $39.5 Trillion: How America Hit a $1T Interest Bill, Why DOGE Failed, and What It Means for Your Wallet in 2026

America's gross national debt crossed $39.5 trillion by late May 2026, with interest payments now exceeding $1 trillion per year and the debt ceiling raised to $41.1 trillion under the One Big Beautif...

CrowdStrike Q1 FY2027 Earnings Preview: What Wall Street Expects on June 3
Finance

CrowdStrike Q1 FY2027 Earnings Preview: What Wall Street Expects on June 3

CrowdStrike reports Q1 FY2027 earnings on June 3, 2026 after market close. Wall Street expects $1.36 billion in revenue (23.5% YoY growth) and $1.07 EPS (46.6% growth). The cybersecurity giant just cr...

Berkshire Hathaway's $397 Billion Cash Pile: What Buffett Sees That Wall Street Doesn't
Finance

Berkshire Hathaway's $397 Billion Cash Pile: What Buffett Sees That Wall Street Doesn't

Berkshire Hathaway is sitting on a record $397.4 billion in cash — more than the GDP of South Africa — as Warren Buffett warns of a "gambling mood" in markets. With the Buffett Indicator at all-time h...