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Stocks Pare Tech-Led Drop as Rotation Gains Speed | The Close 6/9/2026

Jun 9th, 2026 Stocks Pare Tech-Led Drop as Rotation Gains Speed | The Close 6/9/2026 Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Amerant Investments Senior Vice President & Chief Investment Officer Baylor Lancaster-Samuel, Mizuho Americas Head of Investment & Corporate Banking Michal Katz, Evercore Co-Head of Us Investment Banking Naveen Nataraj, IBM CEO Arvind...

Bloomberg Technology 18h ago

As US firm worry about AI returns, tech CEO says: AI right now works only for coding

US corporations are scrutinizing massive AI investments as costs surge and productivity gains remain elusive. Experts suggest businesses might be overestimating AI's current capabilities, particularly outside of coding. This realization is prompting a shift towards more efficient AI usage, with some firms even cutting jobs to manage escalating AI expenses.

Times of India 12d ago

LIV Golf CEO refuses to guarantee circuit's remaining events will go on as scheduled with awkward sales pitch

LIV Golf CEO Scott O'Neil had an opportunity to address the biggest question about the league's immediate future as rumors continue to build uncertainty, but instead delivered a response straight out of the most basic of corporate playbooks. Despite the Saudi Public Investment Fund (PIF) announcing that it would cut off all funding to the breakaway circuit after the 2026 season wraps up, the plan and expectation have been to complete the campaign as scheduled. Despite there only being four...

Fox News 21h ago

Wall Street's 'fear gauge' punches back as the 'crash up' in chip stocks finally reverses

It's been one of the wildest stock markets on record lately but you wouldn't have known it looking at the Cboe Volatility Index. Friday's sell-off just made things a lot clearer. The non-stop, two-month 80% rally in semiconductor stocks that added roughly half a trillion dollars in market cap to the Nasdaq 100, spurred one of the most successful ETF launches in history, and birthed dozens of eye-popping, parabolic single stock moves, finally hit a wall on Friday as the VanEck Semiconductor...

CNBC 4d ago

Bugs and black mold: What some mobile home park residents see after investors buy in

This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it. Soon after Aliea Brown rented Unit 62 at the Buck Island Manufactured Home Community in northern Mississippi in 2023, it became clear she couldn’t stay. The front door was hung upside down, Brown said, black mold began growing throughout the unit and the windows weren’t sealed properly.

NBC News 7h ago

Which European countries attract the most foreign investment?

Foreign investment is widely seen as a key driver of economic growth, innovation and job creation. But which countries are winning the race for international investors, and how is Europe's position changing in an increasingly competitive global market? Foreign investment is widely seen as a key driver of economic growth, innovation and job creation.

Euronews 7d ago

When the President Takes a Cut

The Atlantic 12d ago

Japan's Q1 capex growth stalls as Iran war weighs, raising GDP downgrade risk

Japan's Q1 capex growth stalls as Iran war weighs, raising GDP downgrade risk TOKYO, June 1 : Japanese companies' pace of annual spending on plant and equipment stalled in the first quarter after a year of strong expansion, likely prompting a downgrade to economic growth as concerns mount over the impact of the Middle East conflict. The Iran war has upended the global economic outlook, leaving oil-import-dependent Japan heavily exposed to the energy shock rippling across businesses and...

Channel News Asia 9d ago

Japan's Q1 capex stalls as Iran war concerns weigh on business confidence

Japan's Q1 capex stalls as Iran war concerns weigh on business confidence (Corrects to restore dropped word 'flat' in lead paragraph) By Makiko Yamazaki TOKYO, June 1 : Japanese companies' annual spending on plant and equipment remained almost flat in the first quarter, data showed on Monday, pausing after a year of strong growth as concerns mount over the impact of the Middle East conflict. The tepid expenditure data, which will be used to calculate revised gross domestic product figures...

Channel News Asia 9d ago

How Florida's 'war on woke' reframed responsible investment as a threat to 'everyday people'

How Florida's 'war on woke' reframed responsible investment as a threat to 'everyday people' Gaby Clark Scientific Editor Andrew Zinin Lead Editor Fossil fuel companies were a major force behind the United States (US) state of Florida's move to stop banks and pension funds from investing in companies that prioritized environmental and social governance (ESG), new research from Griffith University found. Associate Professor Erin O'Brien examined Florida Governor Ron DeSantis' political...

Phys.org 5d ago