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Artificial Intelligence 2 June 2026

SoundHound AI (NASDAQ:SOUN) Rises Following Q2 Results, Guidance Implies 31% Increase Needed in H2
Dow, S&P inch up as AI surge faces $80 billion hurdle

Dow, S&P inch up as AI surge faces $80 billion hurdle

U.S. stocks finished Tuesday little changed. The Dow picked up 149.01 points, or 0.29%, to 51,227.89. The S&P 500 was up 4.85 points, or 0.06%, at 7,604.81. The Nasdaq Composite slipped 13.96 points, or 0.05%, closing at 27,072.85. Buyers stuck with AI names, while companies with high spending needs and Middle East risk got less support. Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder, said it was “a mixed market today.”
2 June 2026
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QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s Nasdaq-100 ETF QQQM edged higher Tuesday, helped by fresh inflows and gains in Nvidia, even as Zscaler slid nearly 9% and reminded investors that the AI trade is not moving in one clean line. QQQM traded at $306.54, up 0.2%, while the larger Invesco QQQ Trust rose 0.2%; Zscaler was down 8.9% at $141.90.
2 June 2026
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Intel Stock Slips After Big AI Reveal as Wall Street Looks for Proof

Intel Stock Slips After Big AI Reveal as Wall Street Looks for Proof

Intel shares pointed lower before the U.S. open on Tuesday after the chipmaker used Computex to pitch a broader artificial-intelligence push, a muted reaction that showed investors still want evidence the plan can turn into orders and margin recovery. Intel closed Monday at $109.33, down 4.67%, and was quoted at $107.86 in premarket trade at 8:40:46 a.m. ET, off 1.34%.
2 June 2026
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Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Holdings could hit its $15 billion annual revenue goal for AI chips sooner than it expected, CEO Rene Haas said, as demand for data center central processors is picking up. Haas told Bloomberg Television he was “very confident” about the target, according to Seeking Alpha. Reuters also reported demand for Arm’s chips is higher than eight weeks ago.
2 June 2026
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Walt Disney

NYSE: DIS 94 / 100
#2 BUY

AerCap

NYSE: AER 92 / 100
#3 TACTICAL BUY

Advanced Micro Devices

NASDAQ: AMD 90 / 100
#4 BUY ON WEAKNESS

Arista Networks

NYSE: ANET 88 / 100
#5 SPECULATIVE BUY

Albemarle

NYSE: ALB 85 / 100
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Editorial model selection. Not personalised advice.