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Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AI AP NewsTrump says he's considering government stake in top AI companies The Washington PostFox News AI Newsletter: Sanders bill would seize 50% of stock in OpenAI, Anthropic for sovereign wealth fund Fox NewsTrump to meet with artificial intelligence companies
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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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Chips sector bloodbath drags Nasdaq down 4.2% AxiosNasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates CNBCNasdaq, S&P 500 suffer worst day of year as AI stocks tumble and Fed rate-hike odds rise CNNStock market today: Nasdaq plunges 4%, Dow and S&P 500 sink as AI trade halts on Fed hike bets Yahoo Finance
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The S&P 500 fell more than 2.6 percent on Friday, its worst one-day drop of the year and ending nine weeks of gains.
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Investors are cooling on momentum stocks and considering the implications of a strong jobs report.
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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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Marvell, Reddit and a mortgage "dark horse" could make the cut during the next quarterly rebalancing of the benchmark index.
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Veeva Systems and Bill Holdings are demonstrating impressive growth trajectories.
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