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Image for Morningstar values SpaceX at $780 billion, half its IPO target
Finance

Morningstar values SpaceX at $780 billion, half its IPO target

By Niket Nishant June 2 (Reuters) - Morningstar analysts pegged SpaceX's valuation at $780 billion,...

2nd June, 2026

Image for Meta expands teen content controls globally, tests new Instagram tool to diversify feeds
Finance

Meta expands teen content controls globally, tests new Instagram tool to diversify feeds

June 2 (Reuters) - Meta is expanding its content settings for teen accounts on Instagram, Facebook a...

2nd June, 2026

Image for STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says
Finance

STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says

June 2 (Reuters) - STMicroelectronics is likely to decide on a further expansion of its Crolles chip...

2nd June, 2026

Image for STMicroelectronics raises data centre revenue target on AI demand
Finance

STMicroelectronics raises data centre revenue target on AI demand

June 2 (Reuters) - STMicroelectronics raised the revenue target for its data centre business on Tues...

2nd June, 2026

Image for Arm says ByteDance, Oracle use its data centre CPU chips
Finance

Arm says ByteDance, Oracle use its data centre CPU chips

TAIPEI, June 2 (Reuters) - Chinese tech company ByteDance and U.S. data centre firm Oracle are among...

2nd June, 2026

Image for Nvidia launches new chip to bring AI directly to personal computers
Finance

Nvidia launches new chip to bring AI directly to personal computers

By Max A. Cherney and Wen-Yee Lee TAIPEI, June 1 (Reuters) - Nvidia on Monday unveiled a new chip th...

1st June, 2026

Image for Wall Street futures gain as AI advances overshadow US-Iran tensions
Finance

Wall Street futures gain as AI advances overshadow US-Iran tensions

June 1 (Reuters) - U.S. stock index futures climbed on Monday, starting June on a firm footing, as t...

1st June, 2026

Image for Uber and Autobrains target Munich for robotaxi rollout
Finance

Uber and Autobrains target Munich for robotaxi rollout

BERLIN, June 1 (Reuters) - Uber and Israel-based Autobrains said on Monday they plan to launch a rob...

1st June, 2026

Image for Global smartphone market faces record annual decline as chip crunch worsens
Finance

Global smartphone market faces record annual decline as chip crunch worsens

By Che Pan and Casey Hall BEIJING, June 1 (Reuters) - The global smartphone market is heading for it...

1st June, 2026

Image for European cloud providers back EU push to cut reliance on US tech
Finance

European cloud providers back EU push to cut reliance on US tech

BRUSSELS, June 1 (Reuters) - Thirteen European cloud providers joined forces with a group of EU lawm...

1st June, 2026

Image for Morning Bid: Who needs oil when there's AI to buy?
Finance

Morning Bid: Who needs oil when there's AI to buy?

June 1 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It seems...

1st June, 2026

Image for Asia stocks count on AI boom to offset Gulf risks
Finance

Asia stocks count on AI boom to offset Gulf risks

By Wayne Cole SYDNEY, June 1 (Reuters) - Asian share markets firmed on Monday as the boom in all thi...

1st June, 2026