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Trump administration plans to drop DOJ's $1.8B 'lawfare' fund, reports say
Trump administration plans to drop DOJ's $1.8B 'lawfare' fund, reports say

Senate Democratic Leader Chuck Schumer said he was launching an effort to kill "slush fund" by forcing Republicans to vote on it.

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Jun 01, 2026
CNBC's The China Connection newsletter: China learns to build without Nvidia
CNBC's The China Connection newsletter: China learns to build without Nvidia

Chinese companies are increasingly seeking Nvidia alternatives to develop self-sufficient systems, even if their own tech remains in the early stages.

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Jun 01, 2026
Stargate live updates: OpenAI's Altman says 'people are right to be anxious' about AI
Stargate live updates: OpenAI's Altman says 'people are right to be anxious' about AI

OpenAI, Oracle and Related Digital discuss the Stargate Michigan buildout, AI infrastructure, jobs and community plans.

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Jun 01, 2026
Stock futures tick lower after all three major indexes close at new records: Live updates
Stock futures tick lower after all three major indexes close at new records: Live updates

All three major indexes notched new intraday and closing highs on Monday.

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Jun 01, 2026
Alphabet plans to raise $80 billion from stock sales to fund AI buildout
Alphabet plans to raise $80 billion from stock sales to fund AI buildout

Alphabet said it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway.

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Jun 01, 2026
Retail had a 'surprisingly robust' first quarter, but the real test is ahead as tax refunds dry up
Retail had a 'surprisingly robust' first quarter, but the real test is ahead as tax refunds dry up

The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.

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Jun 01, 2026
Microsoft and Google are late to AI coding, but 'absolutely critical' they compete for growth
Microsoft and Google are late to AI coding, but 'absolutely critical' they compete for growth

Coding tools are becoming an increasingly big target for Google and Microsoft as they try to catch up to Anthropic and OpenAI.

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Jun 01, 2026
HPE skyrockets 30% on biggest earnings beat since 2018
HPE skyrockets 30% on biggest earnings beat since 2018

HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue.

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Jun 01, 2026
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022
Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022

Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.

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Jun 01, 2026
McDonald's unveils new global growth strategy to win over diners as competition rises
McDonald's unveils new global growth strategy to win over diners as competition rises

McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.

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Jun 01, 2026
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