AI Trade Falters; Chinese Investors Banned from SpaceX IPO; Jobs Report | Bloomberg Brief 6/5/2026

Valve will stop producing physical Steam gift cards because of scammers

Valve will stop producing physical Steam gift cards because of scammers This is why we can’t have nice things. Valve will not be renewing its stock of physical gift cards for Steam. The gaming company anticipates that the cards will be completely gone from retailers' shelves by the end of 2026.

Oracle Reports Higher-Than-Expected Data Center Spending

Oracle Corp. signage on the floor of the New York Stock Exchange in New York. Photographer: Michael Nagle/Bloomberg

USDA's Rollins called screwworm a 'little pest' amid U.S. spread. Last year, she called it 'terrifying'

Agriculture Secretary Brooke Rollins told CNBC on Monday that the new world screwworm is a "little pest." In the past, she called the parasite "terrifying." The discrepancy in messaging before and after the flesh-eating pest was detected in the U.S. offers a window into how Rollins is managing the screwworm threat now that it has reached inside the border.

Citi Says Investors Growing More Selective on Data Center Bonds