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Gold, silver and bitcoin fall as traders up Fed rate hike bets
Precious metals were among the assets firmly in negative territory on Wednesday, as fears about inflation and the Federal Reserve's interest rate path weighed on investor sentiment. ET, spot gold was down 2.4% to trade at around $ 4,161.63 an ounce. U.S. gold futures also fell 2.2% to settle at $ 4,194.90/oz.
Bitcoin caps a dismal week as price wallows 50% below its all-time high
Bitcoin's dire start to June worsened early on Friday, with the cryptocurrency on course to trade more than 15% lower for the week. Prices had fallen to their lowest levels since early April on Tuesday after crypto treasury company Strategy sold a small amount of its bitcoin holding, weighing on sentiment. Meanwhile, tech stocks have been under pressure, bringing an end to an extended rally, after Broadcom's revenue miss on Wednesday sent semiconductor stocks lower.
Ernst & Young published cybersecurity report full of hallucinations
Earlier this year, an engineer at GPTZero coined the term “vibe citing” to describe the accidental creation of fake references via LLM hallucinations. It turns out that the friction of creating and checking citations is leading many researchers, consultants, lawyers, and public officials to embrace the vibe (if you know what we mean). Among the converts are the authors of a 2025 Ernst & Young report titled Points of Attack: Uncovering Cyber Threats and Fraud in Loyalty Systems.
'Creating thousands of high-skilled jobs': SoftBank to invest €75bn in French AI data centres
The project is SoftBank Group's largest AI infrastructure investment in Europe. Once completed, its planned 5 GW capacity would make it Europe's largest data centre project as the region seeks to expand AI infrastructure and compete with the US and Asia. Japanese technology investment group SoftBank announced plans to develop and operate 5 GW of AI data centre capacity in France, in an investment worth €75 billion.
Honeywell's aerospace spin approaches key milestone. Plus, the new stock supply problem
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 initially was on track to snap its eight-session winning streak during the first hour of trading on Tuesday, but stocks staged a slight rally that put both the S & P 500 and Nasdaq on pace to close at record highs. We'll see if that holds through the last few hours of trading.
Raids, stranded victims and new criminal tactics - inside Cambodia’s fight against scam centres
Raids, stranded victims and new criminal tactics - inside Cambodia’s fight against scam centres Cambodia says it is carrying out its toughest crackdown yet on online scam centres, with hundreds of facilities targeted. In the first of a two-part series, CNA goes on the ground to find victims stranded and signs of operations shifting into smaller urban sites, while experts warn that the criminal networks behind the industry remain deeply embedded. Abdul’s plan was to teach English in a Bangkok...
More than 6 out of 10 people turn to AI for psychological support
Mental health: although screens can play a negative role, more than 6 out of 10 people turn to artificial intelligence for psychological support - download Press Release PDF 171.2 KB - press contacts June 2, 2026 published at 5:45 PM CEST - AXA and Ipsos have surveyed people in 18 countries about their mental health, which continues to decline. 46% of those surveyed say they are struggling or languishing. - Do new technologies play a role in this deterioration?
How did Taiwan, Seoul overtake India? Drop from 5th to 7th largest stock market - explained
In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs. But the fall to seventh rank is not just about the rallies in South Korea and Taiwan.
PlayStation Architecture
Supporting imagery A quick introduction Sony knew that 3D hardware could get very messy to develop for. Thus, their debuting console will keep its design simple and practical… Although this may come at a cost!