Stock futures are minimal changed ahead of first investing day of June: Dwell updates

Stock futures are minimal changed ahead of first investing day of June: Dwell updates


Nvidia announces most up-to-date AI chip model

Nvidia introduced new AI chips on Sunday prior to its most recent product has even transported to clients.

The new chip design is called “Rubin.” Nvidia experienced introduced its “Blackwell” chips in March. Huang reported Sunday that Nvidia options to launch new AI chip designs on a “just one-calendar year rhythm.”

Shares of Nvidia are up a lot more than 120 calendar year-to-day even as other deep-pocketed tech corporations check out to contend with the AI chief.

— Jesse Pound, Rebecca Picciotto

Inventory futures open up small improved

Inventory futures had been mostly unchanged shortly following 6 p.m. in New York, with the 3 key contracts in .2% of the flatline.

— Jesse Pound

Crucial financial reviews this 7 days

Below are some of the noteworthy economic and company updates this 7 days. All instances ET:

Monday, June 3

10 a.m. Construction spending (April)

10 a.m. ISM production (Might)

Tuesday, June 4

10 a.m. JOLTS work openings (April)

Earnings: Hewlett Packard Business, Tub & Physique Will work

Wednesday, June 5

10 a.m. ISM solutions PMI (May perhaps)

Earnings: Campbell Soup, Greenback Tree

Thursday, June 6

8:30 a.m. Preliminary jobless claims

Earnings: J.M. Smucker Co.

Friday, June 7

8:30 a.m. Could work opportunities report

— Jesse Pound, Sarah Min



Resource

European markets set to open lower; UK GDP ticks up slightly
World

European markets set to open lower; UK GDP ticks up slightly

Aegon raises target after third-quarter beat Dutch insurer Aegon raised its full-year capital generation target Friday after reporting better-than-expected results in its U.S. business. Third-quarter operating capital generation, excluding allowances, came in at 336 million euros ($354.8 billion). Analysts polled by the company had expected a print of 296 million euros, according to Reuters. Aegon, […]

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Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1
World

Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1

Hyundai CEO Jaehoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC DETROIT – Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1. Munoz, an auto industry […]

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Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines
World

Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Japan’s third-quarter real gross domestic product expanded 0.3% year on year, snapping two straight quarters of year-on-year decline, according to government data released Friday. The GDP reading marked a reversal from the revised 1.1% decline seen in the second quarter. The data comes against the […]

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