Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-02T12:14:57.000Z
Tech stocks were mixed on Tuesday morning as investors weighed cautious optimism for an extended ceasefire agreement between the US and Iran,quarterly resultsfrom chipmakers, and announcements from theannual Computex conference in Taiwan. Alphabet stock (GOOG,GOOGL) was in focus Tuesday morning after the tech giant said it plans to raise $80 billion by selling stock, including by offering Warren Buffett’s Berkshire Hathaway (BRK-B,BRK-A) $10 billion in shares. Alphabet said it will use the proceeds to pay for its artificial intelligence build-out. The company plans to spend $180 billion to $190 billion in capex this year. Meanwhile, comments from Nvidia’s CEO Jensen Huang at Computex Taipei continue to move tech stocks. On Monday, software stocks got a lift after Huang said in a keynote ad
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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.