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Stock Market on June 5, 2026: Dow falls 695 points after U.S. jobs report; S&P 500 and Nasdaq end sharply lower to book biggest percentage drops since 2025 after big losses in tech sector; Treasury yields jump MarketWatchNasdaq, S&P 500 suffer worst day of year as AI stocks tumble and Fed rate-hike odds rise CNNAmazon, Microsoft fare better than most in tech stock sell-off spree The Seattle TimesNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates CNBC
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Berlin-based venture capital firm Merantix Capital has closed a €103m fund focused on backing early-stage artificial intelligence startups across Europe.
The post Merantix Capital closes €103m AI fund to back early-stage European startups appeared first on AltAssets Private Equity News.
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"They're going to have to own it": Elon Musk wants retail investors to buy some $23 billion of SpaceX shares next week.
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A federal judge strikes down Trump administration immigration policy affecting 39 countries AP NewsFederal judge strikes down Trump admin limits on asylum and immigration applications CNNUS judge strikes down Trump policies targeting immigrants from 39 countries ReutersJudge Strikes Down a Slate of Trump's Immigration Policies The New York Times
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S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic Ars TechnicaSpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules ReutersSpaceX and Other Mega IPOs May Wait Years to Join the S&P 500 Bloomberg.comThe S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway Fortune
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Tech sell-off, rate-hike fears drive Wall Street plunge Yahoo FinanceNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates CNBCStrong Job Growth Weakens Stocks WSJS&P 500 set for worst day this year on AI weakness, rising odds for Fed rate hikes CNNWall Street slumps as chips slide, robust jobs data stokes fears of hawkish Fed Reuters
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Google to Pay SpaceX Nearly $1 Billion a Month in Cloud-Computing Deal WSJGoogle to pay SpaceX $920 million a month for compute capacity at xAI data centers CNBCSpaceX Has $30 Billion Deal to Provide Google With A.I. Computing Power The New York TimesSpaceX lands Google AI compute deal after Anthropic pact ahead of IPO Reuters
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Tech stocks suffer two-day decline following disappointing results from semiconductor giant Broadcom
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