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Wall St Week Ahead-Rally in U.S. big tech stocks may be getting stretched

RPT-Wall St Week Ahead-Rally in U.S. big tech stocks may be getting stretched Repeats with no changes By David Randall NEW YORK, June 21 (Reuters) - A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&P 500 .SPX is up 14.6% this year, most of the broader index's gains have been concentrated in the information technology and communications sectors - up 28.2% and 24.3%, respectively.
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Apple and Meta have discussed AI partnership, WSJ reports

UPDATE 2-Apple and Meta have discussed AI partnership, WSJ reports Adds details from a source in paragraph 6 June 23 (Reuters) - Facebook parent Meta Platforms META.O has discussed integrating its generative AI model into Apple's AAPL.O recently announced AI system for iPhones, the Wall Street Journal reported on Sunday. AI startup Anthropic has been in discussions with Apple to bring its generative AI to Apple Intelligence, the Journal reported, citing people familiar with the matter.
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OpenAI buys database analytics firm Rockset in nine-figure stock deal, sources say

UPDATE 1-OpenAI buys database analytics firm Rockset in nine-figure stock deal, sources say Update with deal details and context By Krystal Hu and Akash Sriram June 21 (Reuters) - Microsoft-backed MSFT.O OpenAI has acquired search and database analytics startup Rockset to provide better infrastructure for its enterprise products, the ChatGPT maker said on Friday.
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U.S. stocks weekly: Heat advisory

BUZZ-U.S. stocks weekly: Heat advisory ** S&P 500 .SPX gains third consecutive week, advances 0.6% .N ** Indeed, benchmark index heating up just as summer solstice hits ** And Nasdaq .IXIC ekes out third-straight weekly gain, though it may be flying on fumes ** Most sectors toasty; Consumer Discretionary and Energy bake most, while Tech and bond-proxies cool off; this, as Growth .IGX was on pace for its best month vs Value .IVX in 24 years, before stumbling relatively last 3 trading days of the
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S&P, Nasdaq end lower as Nvidia drags the tech sector for second day

US STOCKS-S&P, Nasdaq end lower as Nvidia drags the tech sector for second day Spirit Aero up following report of Boeing nearing buyout deal Sarepta surges on expanded use of gene therapy Indexes mixed: Dow up 0.04%, S&P down 0.16%, Nasdaq down 0.18% Updates with more closing data By Echo Wang June 21 (Reuters) - The S&P 500 and Nasdaq closed marginally lower on Friday, weighed down by a decline in Nvidia shares for a second straight day, which dragged down the technology sector.
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S&P, Nasdaq end lower as Nvidia drags the tech sector for second day

US STOCKS-S&P, Nasdaq end lower as Nvidia drags the tech sector for second day Spirit Aero up following report of Boeing nearing buyout deal Sarepta surges on expanded use of gene therapy Indexes mixed: Dow up, S&P down, Nasdaq down As of 4:00 pm EDT By Echo Wang June 21 (Reuters) - The S&P 500 and Nasdaq closed marginally lower on Friday, weighed down by a decline in Nvidia shares for a second straight day, which dragged down the technology sector.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: OpenAI and Aegea June 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: * * Sanitation company Aegea and Equatorial Energia are among the investors interested in the share offering that will privatize Sao Paulo state water utility company Sabesp SBSP3.SA , according to three sources with knowledge of the matter.
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Column: The first video game addiction lawsuit got knocked out. Will others follow?

Column: The first video game addiction lawsuit got knocked out. Will others follow? The opinions expressed here are those of the author, a columnist for Reuters. By Jenna Greene June 21 (Reuters) - When my twenty-something son was a teenager, there was a period when he played video games for hours on end, bristling when we told him to stop. Which is why I can relate to allegations in a series of personal injury lawsuits filed across the country over the past eight months against video game maker
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Wall St Week Ahead-Rally in U.S. big tech stocks may be getting stretched

Wall St Week Ahead-Rally in U.S. big tech stocks may be getting stretched By David Randall NEW YORK, June 21 (Reuters) - A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&P 500 .SPX is up 14.6% this year, most of the broader index's gains have been concentrated in the information technology and communications sectors - up 28.2% and 24.3%, respectively.
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S&P, Nasdaq edge down as Nvidia declines for second day

US STOCKS-S&P, Nasdaq edge down as Nvidia declines for second day U.S. business activity inches up in June Spirit Aero up following report of Boeing nearing buyout deal Sarepta surges on expanded use of gene therapy Indexes mixed: Dow up 0.07%, S&P down 0.13%, Nasdaq down 0.16% As of 02:16 pm EDT By Echo Wang June 21 (Reuters) - The S&P 500 and Nasdaq dipped slightly on Friday as shares of Nvidia fell for a second consecutive day, pulling the tech sector lower.
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Wall Street mixed in choppy trade as tech regains ground

US STOCKS-Wall Street mixed in choppy trade as tech regains ground For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window U.S. business activity inches up in June Spirit Aero up following report of Boeing nearing buyout deal Sarepta surges on expanded use of gene therapy Indexes: Dow down 0.02%, S&P up 0.04%, Nasdaq up 0.26% Updated at 12:12 p.m.
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OpenAI acquires database analytics firm Rockset

OpenAI acquires database analytics firm Rockset June 21 (Reuters) - Microsoft-backed MSFT.O OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said on Friday. A technology Rockset offers called vector search has benefited from increased adoption as more applications use artificial intelligence to power recommendation engines, voice assistants, chatbots and detect anomalies.
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OpenAI Acquires Rockset

BRIEF-OpenAI Acquires Rockset June 21 (Reuters) - OpenAI: OPENAI ACQUIRES ROCKSET TO INTEGRATE ROCKSET’S TECHNOLOGY TO POWER RETRIEVAL INFRASTRUCTURE ACROSS PRODUCTS & MEMBERS OF ROCKSET’S WORLD-CLASS TEAM TO JOIN OPENAI
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Nvidia shares fall for second straight day

BUZZ-Nvidia shares fall for second straight day Updates ** AI chip bellwether Nvidia NVDA.O shares tumble 4.2% to $125.2 ** Stock set to snap eight-week winning streak ** NVDA fell 3.5% on Thursday, handing the title of world's most valuable company back to Microsoft MSFT.O ; surpassed MSFT on Tuesday ** NVDA, Apple AAPL.O and MSFT have closely con
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U.S. STOCKS Apple, Gilead, Spirit Aerosystems

BUZZ-U.S. STOCKS ON THE MOVE-Apple, Gilead, Spirit Aerosystems Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged lower on Friday as megacap tech and chip stocks lost ground, with investors awaiting manufacturing and services sectors surveys for more clues on the health of the world's largest economy.
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Wall Street futures muted ahead of business survey data

US STOCKS-Wall Street futures muted ahead of business survey data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Spirit Aero up following report of Boeing nearing buyout deal Sarepta surges on expanded use of gene therapy Gilead gains after long-acting HIV drug trial success Futures: Dow, S&P 500, Nasdaq flat Updated at 7:29 a.m.
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U.S. STOCKS Apple, Gilead, Spirit Aerosystems

BUZZ-U.S. STOCKS ON THE MOVE-Apple, Gilead, Spirit Aerosystems Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures edged lower on Friday as megacap tech and chip stocks lost ground, with investors awaiting manufacturing and services sectors surveys for more clues on the health of the world's largest economy.
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A warning from history about large-cap stock booms

RPT-BREAKINGVIEWS-A warning from history about large-cap stock booms The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Edward Chancellor LONDON, June 21 (Reuters Breakingviews) - Fifty years ago, the U.S. stock market was in turmoil. Between January 1973 and September 1974, the S&P 500 Index fell by nearly 50%.
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Trillionaire club throws an indulgent theme party

RPT-BREAKINGVIEWS-Trillionaire club throws an indulgent theme party The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, June 20 (Reuters Breakingviews) - The trillionaire club is growing quickly. Six years ago, Apple AAPL.O became the charter member, not long before oil titan Saudi Aramco 2223.SE publicly debuted with a 13-digit market capitalization.
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Wall Street futures edge lower ahead of business survey data

US STOCKS-Wall Street futures edge lower ahead of business survey data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Futures lower: Dow 0.07%, S&P 500 0.15%, Nasdaq 0.12% June 21 (Reuters) - U.S. stock index futures edged lower on Friday as megacap tech and chip stocks lost ground, with investors awaiting manufacturing and services sectors surveys for more clues on the health of the world's largest economy.
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