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South Korea stocks fall 5% as tech heavyweights follow plunge in Wall Street's AI-linked names - CNBC
business 2026/06/04 23:48:20

South Korea stocks fall 5% as tech heavyweights follow plunge in Wall Street's AI-linked names - CNBC

Asia-Pacific markets fell on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.

CNBC
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S&P will not change the rules to allow SpaceX into its benchmark index early - Axios
business 2026/06/04 23:30:55

S&P will not change the rules to allow SpaceX into its benchmark index early - Axios

The mega-cap IPOs will have to wait.

Axios
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Senior U.S. Officials Eye Government Shares in AI Giants - News of the United States - NOTUS
business 2026/06/04 22:44:16

Senior U.S. Officials Eye Government Shares in AI Giants - News of the United States - NOTUS

An agreement to give the U.S. government equity stakes in AI companies could have seismic consequences.

Notus.org
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Ahead of its IPO, Anthropic’s Daniela Amodei shrugs off doubts about AI’s returns - TechCrunch
business 2026/06/04 22:43:26

Ahead of its IPO, Anthropic’s Daniela Amodei shrugs off doubts about AI’s returns - TechCrunch

Anthropic has been growing at a breakneck pace. The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billion at the end of 2025. That trajectory faces a real test, though.

TechCrunch
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Google is quietly laying off staff in its cloud division - Business Insider
business 2026/06/04 22:38:13

Google is quietly laying off staff in its cloud division - Business Insider

Google has laid off employees across parts of its Cloud business, including at an elite cybersecurity intelligence unit.

Business Insider
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Department of Energy Celebrates First Advanced Reactor Criticality - Department of Energy (.gov)
business 2026/06/04 22:18:06

Department of Energy Celebrates First Advanced Reactor Criticality - Department of Energy (.gov)

Today, as part of the U.S. Department of Energy Reactor Pilot Program, Antares Nuclear’s advanced reactor design, the Mark-0, successfully completed a zero-power fueled criticality demonstration at DOE’s Idaho National Laboratory.

Energy.gov
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