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AI stock slump raises the question if investors are just taking profits or getting very nervous

By ALEX VEIGA
Jun 23, 2026 3:44 pm - Tech companies are spending big on AI, but investors are getting nervous. Alphabet, Amazon, Meta, and Microsoft plan to spend up to $720 billion this year on AI data centers. This week, investors appear to be questioning if AI can deliver the profits needed to justify such spending.
Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war

By STAN CHOE
Jun 15, 2026 3:32 pm - Stock markets rallied worldwide Monday, and oil prices eased after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again.
SpaceX opens 11% higher at $150 a share and makes Musk the first trillionaire

By BERNARD CONDON
Jun 12, 2026 8:14 am - Elon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public.
Elon Musk’s SpaceX is about to make its debut on Wall Street

Associated Press
Jun 11, 2026 7:23 am - Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece. Musk, already the world's richest man, could become its first trillionaire.
SpaceX wants regular investors to help its stock launch. Here’s what to know before clicking ‘buy’

By STAN CHOE
Jun 10, 2026 10:37 am - Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors. These are people who buy stocks in a brokerage account on their phone, not pension funds or other big “institutional” investors routing orders to their professional trading desks.
More swings for AI stocks drag Wall Street back on the roller coaster

By STAN CHOE
Jun 09, 2026 3:57 pm - NEW YORK — Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling on Tuesday. The S&P 500 fell 0.3% after careening between an i...
Apple unveils new AI features with privacy focus at last developers conference with CEO Tim Cook

By BARBARA ORTUTAY
Jun 08, 2026 10:07 am - Apple unveiled new artificial intelligence features with a focus on privacy and day-to-day at its annual developers conference Monday the last one featuring CEO Tim Cook before he turns his post over to John Ternus in September.
The Dow leaps to a record as oil prices ease and US stocks outside of AI rally

By STAN CHOE
Jun 04, 2026 3:33 pm - Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. Banks, small companies and other stocks that had earlier been left behind by the euphoria around artificial-intelligence technology led the way.
Treasury Dept. says most filers claiming Trump tax breaks on tips, overtime made below $100,000

By Riley Beggin
Jun 03, 2026 10:02 am - Most filers who claimed new Republican tax breaks — for tips, overtime, seniors and auto-loan interest — reported income below $100,000, according to a new Treasury Department analysis of this year’s filing season.
A new inflation warning from the bond market, adds to Trump’s midterm challenges

By JOSH BOAK
Jun 01, 2026 11:12 am - The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November’s midterm elections.

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