Stock market today: Live updates
An Hour Ago
Nvidia announces latest AI chip model
Nvidia announced new AI chips on Sunday before its latest model has even shipped to customers.
The new chip model is called “Rubin.” Nvidia had announced its “Blackwell” chips in March. Huang said Sunday that Nvidia plans to release new AI chip models on a “one-year rhythm.”
Shares of Nvidia are up more than 120 year-to-date even as other deep-pocketed tech companies try to compete with the AI leader.
— Jesse Pound, Rebecca Picciotto
An Hour Ago
Stock futures open little changed
Stock futures were largely unchanged shortly after 6 p.m. in New York, with the three major contracts within 0.2% of the flatline.
— Jesse Pound
An Hour Ago
Key economic reports this week
Here are some of the notable economic and corporate updates this week. All times ET:
Monday, June 3
10 a.m. Construction spending (April)
10 a.m. ISM manufacturing (May)
Tuesday, June 4
10 a.m. JOLTS job openings (April)
Earnings: Hewlett Packard Enterprise, Bath & Body Works
Wednesday, June 5
10 a.m. ISM services PMI (May)
Earnings: Campbell Soup, Dollar Tree
Thursday, June 6
8:30 a.m. Initial jobless claims
Earnings: J.M. Smucker Co.
Friday, June 7
8:30 a.m. May jobs report
— Jesse Pound, Sarah Min
This article was originally published by a www.cnbc.com
Read it HERE
