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Reuters Global 06.06.2026

Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test

Chipmaker Marvell ‌Technology is set to ⁠join the benchmark S&P 500 index, S&P Dow ‌Jones ⁠Indices said on Friday....

Reuters Global 06.06.2026

Chip selloff erases over $1 trillion in stock market value

U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia , Micron Technology and Advanced Micro Devices , as ‌Broadcom's weak report earlier this week reverberated across Wall Street....

Reuters Global 06.06.2026

SpaceX signs cloud deal with Google

SpaceX said on Friday it ‌has entered into a multi-year cloud service agreement with Alphabet's Google for access to ⁠compute capacity....

Reuters Global 06.06.2026

SpaceX IPO running at two times oversubscribed, sources say

SpaceX has drawn investor demand that is about double the $75 billion ‌it is seeking to raise next week in its IPO, or $150 billion, said two people familiar with the matter on Friday....

Reuters Global 06.06.2026

Trump says his team will "look into" U.S. taking stake in AI companies

U.S. President Donald Trump ‌on Friday told reporters that his team is looking into the idea of AI companies giving the American public a stake in ⁠their firms....

Reuters Global 06.06.2026

Texas grid flags risks as data centers, crypto sites fail voltage tests

Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of ‌peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator....

Reuters Global 05.06.2026

LinkedIn co-founder Reid Hoffman to step down from Microsoft's board

Reid Hoffman, billionaire co-founder of networking website LinkedIn, has decided not to stand for re-election to ‌Microsoft's board of directors at its 2026 annual shareholder meeting, the software giant said in a filing on Friday....

Reuters Global 05.06.2026

Russia plans to launch its smaller version of Starlink next year

Russia plans to launch its own, smaller version of Elon Musk's Starlink satellite broadband system next year, Alexei Shelobkov, CEO ‌of Iks Holding, the company developing the service, said on Friday....

Reuters Global 05.06.2026

Greece to tax gains from crypto, sources say

Greece is preparing legislation to impose a 15% capital gains tax on cryptocurrencies, two government officials with knowledge of the ‌issue told Reuters on Friday....

Reuters Global 05.06.2026

Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs

Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new listings such as SpaceX lure away capital from the world's largest cryptocurrency....

Reuters Global 05.06.2026

Sika targets growth from China renovation market, global data centres

Sika sees growth opportunities in China's renovation market and infrastructure construction in the U.S., the Swiss construction chemicals manufacturer's CEO Thomas Hasler said in an ‌interview with Finanz und Wirtschaft published on Friday....

Reuters Global 05.06.2026

Blacklisted AI company Anthropic, White House ease tensions ahead of IPO, sources say

A months-long dispute between Trump administration officials and AI firm Anthropic is showing signs of easing across parts of the U.S. government as the company prepares to go public, according to sources familiar with the relationship....

Reuters Global 05.06.2026

ASML CEO says EU Commission should not try to direct 'strategic projects'

The CEO of top ‌European tech firm ASML on Friday welcomed most proposals made by the ⁠EU Commission this week to improve Europe's tech sovereignty but cautioned against plans for Commission involvement in steering or ‌monitoring "strategic ⁠projects" eligible for state aid....

Reuters Global 05.06.2026

China bets on AI to promote President Xi Jinping's thinking

Xinhuanet , owned by China's official Xinhua news agency, plans to invest over 1.1 billion yuan ($162.38 million) on an "authoritative" AI agent to help promote President Xi Jinping's thinking, Shanghai Stock ‌Exchange filings showed....

Reuters Global 05.06.2026

UK's Raspberry Pi lifts annual profit forecast on strong first-half results

Single-board computing company Raspberry Pi on Friday raised its ‌full-year 2026 profit forecast, saying strong AI-related demand was expected to result in adjusted core profit "significantly ahead" of market expectations ⁠for the year....

Reuters Global 05.06.2026

Japan could end up an 'AI colony' if it falls behind, digital minister warns

Japan could fall prey to a new form of colonialism in the AI era if it fails to keep pace with the technology's rapid development, the country's digital ‌minister warned on Friday....

Reuters Global 05.06.2026

Nvidia CEO sees robotics as next major sector in South Korea

Nvidia CEO ‌Jensen Huang said on Friday that he sees robotics as the next major sector ⁠in South Korea....

Reuters Global 05.06.2026

Exclusive: South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staff

South Korea's labour minister called on the country's major tech firms to share the spoils of their massive windfall profits, warning that unprecedented chip-sector gains stemming from the AI boom risked widening a gap in inequality....

Reuters Global 05.06.2026

Anthropic says AI labs need coordinated plan to halt development if risks rise

Anthropic said on Thursday frontier AI developers should establish a coordinated, verifiable way to slow down or temporarily pause development if advanced systems begin improving themselves faster than society can manage the risks....

Reuters Global 05.06.2026

S&P Global keeps fast index entry rules unchanged as SpaceX listing looms

S&P Global said on Thursday it was not changing the rules for fast entry into their major indices, dealing a setback to Elon Musk's ‌SpaceX by effectively ruling out a swift entry into the benchmark S&P 500....

Reuters Global 04.06.2026

Fed's Daly says AI is not for now driving inflation up or down

San Francisco Federal Reserve President Mary Daly on Thursday said ‌that while she believes AI over a five- to 10-year window could be a deflationary ⁠force, the effect is "not a pressing issue" for monetary policy which operates on a 12-month horizon....

Reuters Global 04.06.2026

US House lawmakers release draft bill to regulate AI

U.S. Representatives Lori Trahan, ⁠a Democrat, and Jay Obernolte, a Republican, released ‌draft ⁠legislation to regulate AI, ⁠according to a ⁠spokesperson ⁠for Trahan....

Reuters Global 04.06.2026

Canada says AI strategy will help create 250,000 jobs, boost GDP by 3%

Canada unveiled a new artificial intelligence strategy on Thursday that it says will help create 250,000 jobs by 2031 and includes a new C$500 million ($360.05 million) tech fund to help homegrown AI ‌firms....

Reuters Global 04.06.2026

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by ‌2030, up from $3.2 billion in 2025, according to the Wall Street bank's forecasts shared with a potential investor, the Financial Times reported on ⁠Thursday....