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Technology

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5 things to know before the stock market opens Tuesday

TazaPulseJune 2, 2026

1. Written in the stars OpenAI CEO Sam Altman during a media tour of a Stargate AI data center in Abilene, Texas, Sept. 23, 2025. Bloomberg | Bloomberg | Getty Images Speaking to CNBC’s David Faber yesterday, OpenAI CEO Sam Altman acknowledged that “people are right to be anxious” about artificial intelligence. His comments came...

Technology

Marvell Technology stock jumps on Jensen Huang’s trillion-dollar forecast

TazaPulseJune 2, 2026

Jensen Huang, chief executive officer of Nvidia Corp., speaks at the Nvidia GTC conference on the sidelines of Computex 2026 in Taipei, Taiwan, on Monday, June 1, 2026. Lam Yik Fei | Bloomberg | Getty Images Nvidia’s CEO Jensen Huang hailed this chip designer as the next trillion-dollar firm, sending its shares up sharply in...

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Jim Cramer says this company’s spin-off could unlock significant upside

TazaPulseJune 2, 2026

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks opened lower Monday as oil prices climbed. “It’s Iran that’s controlling the opening,” Jim said. Reports indicated that Iranian negotiators halted communications with the U.S., while U.S. Central...

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Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022

TazaPulseJune 2, 2026

Michael Saylor’s Strategy sold bitcoin last week for the second time ever as geopolitical uncertainty continues to weigh on the bitcoin price and crypto market broadly. Between May 26 and May 31, Strategy sold 32 coins for $2.5 million, and at an average of $77,135 per coin, according to a Monday filing. The company also...

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Jim Cramer says Jensen Huang’s Computex keynote revealed more winners in the AI boom

TazaPulseJune 2, 2026

Nvidia CEO Jensen Huang delivered a winning message with his much-hyped Computex keynote by arguing that computing power is a profit engine in the age of artificial intelligence, CNBC’s Jim Cramer said Monday. Huang’s line of thinking appeared to resonate with Wall Street, according to Cramer, as key stocks within the AI trade rallied Monday...

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Microsoft and Google take on Anthropic and OpenAI in AI coding models

TazaPulseJune 2, 2026

Microsoft CEO Satya Nadella speaks on stage during the Microsoft AI Tour in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images In the booming generative AI market, Anthropic has zoomed ahead of the field, largely thanks to Claude Code, its AI coding assistant. Seeing where the money is, OpenAI...

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HPE skyrockets 30% on biggest earnings beat since 2018

TazaPulseJune 2, 2026

Hewlett Packard Enterprise shares skyrocketed 30% on Monday after the tech company posted blockbuster second-quarter results that blew away estimates. Here’s how the company did compared to LSEG estimates: Earnings per share: 79 cents adj. vs. 53 cents expected Revenue: $10.68 billion vs. $9.79 billion expected It was the company’s biggest EPS beat since February...

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Nvidia’s entrance into the PC market gives investors another reason to own the stock

TazaPulseJune 2, 2026

Nvidia has added another leg to its investment case, planted far away from the data center. It’s on your desk at the office and at home. At the influential Computex conference in Taiwan, CEO Jensen Huang focused the first half of his keynote address on the data center and the wonders of Nvidia’s Vera computing...

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SpaceX sets aside up to 5% of shares in IPO for employees and friends

TazaPulseJune 2, 2026

The launch tower at SpaceX Launch Complex at launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., April 6, 2026. Brendan McDermid | Reuters SpaceX has reserved up to 5% of stock being sold in its initial public offering for purchase by “certain employees and persons” in a direct share program,...

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Florida AG sues OpenAI, seeks to hold Altman liable for alleged harms

TazaPulseJune 1, 2026

CEO of OpenAI Sam Altman arrives at the courthouse on the day of the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S., May 12, 2026. Carlos Barria | Reuters Florida Attorney General James Uthmeier on Monday filed a lawsuit against OpenAI and its CEO Sam Altman,...