For: June 2, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning on Wall Street after stocks closed out the first trading day of June in positive territory despite a surge in oil prices. All three major averages hit record highs Monday as President Trump said talks with Iran are ongoing. Nvidia led the technology sector with the launch of a new chip for personal computers. At the closing bell, the Dow Jones Industrial Average rose 46 points to 51-078. The S&P 500 added 19 points to 75-99. The Nasdaq gained 114 points to 27-086.
>>Anthropic Moves To Go Public With Blockbuster IPO
(San Francisco, CA) -- Artificial intelligence company Anthropic has filed for a proposed initial public offering. The San Francisco-based startup announced that it had "confidentially submitted" paperwork with the SEC on Monday after a recent round of private funding pushed its overall valuation to roughly 965-billion dollars. Anthropic says the exact timing of the coming IPO will depend on "market conditions and other factors."
>>Focus On Employment Reports This Week
(Undated) -- Several key reads on hiring are coming this week, all leading up to Friday's employment numbers for last month. They start with the Labor Department's Jobs Openings and Labor Turnover Survey, or JOLTS report, due out today. Next is ADP's monthly hiring survey on Wednesday. The payroll processor only measures it at private employers, but economists consider it a good indication of what to expect from the monthly numbers. And on Thursday, we get the weekly jobless claims report. They're considered a proxy for layoffs.
>>Short Seller Andrew Left Convicted For Stock Manipulation
(Los Angeles, CA) -- Noted short seller Andrew Left has been found guilty of using dishonest social media posts to manipulate stocks. He was found guilty Monday after a three-week trial in Los Angeles and could face decades in prison. Left would bet that a company's stock price would fall, then make posts either criticizing or boosting companies before quickly closing out his trading positions. Prosecutors say he made at least 20-million-dollars using this tactic between 2018 and 2023.
>>Carnival Data Breach Leaves Millions Exposed
(Augusta, ME) -- Carnival is providing limited information on a data breach it experienced in April. According to an announcement from the cruise line, an "unauthorized actor" managed to gain access to a limited portion of the company's IT system by deceiving an employee with "social engineering." Carnival did not specify the extent of the breach, but a company filing with the Office of the Maine Attorney General shows over five-point-nine million people were affected. N ow the company is offering its U.S. customers two years of complimentary credit monitoring through TransUnion and recommended that potentially affected travelers "remain vigilant against threats of identity theft."
>>People Inc. Examining Possible Purchase of MGM Resorts
(Las Vegas, NV) -- People Inc. says it has submitted an offer to buy out MGM Resorts for 18-billion-dollars. The media conglomerate already owns 26-percent of MGM, and now is proposing to buy the rest of the company at over 48-dollars a share. The deal hasn't been finalized, but company chairman and senior executive Barry Diller says MGM has real world assets that AI can't easily replicate, and that the market undervalues the casino operator. This comes just days after Fertitta Entertainment agreed to buy Caesar's entertainment for five-point-seven billion dollars in cash.
