What matters in U.S. and global markets today
By Mike Dolan, Editor-at-Large, Finance & Markets
The S&P 500 failed to clock its 10th straight daily gain on Wednesday and there are some clouds gathering in markets. Despite the frenzy in the red-hot chip sector, Broadcom, now the world’s sixth-biggest company by market cap, stumbled after its latest earnings release.
The chipmaker’s stock dropped more than 13% overnight following a slight miss on sales and revenue forecasts. That reaction speaks to the high bar companies must now meet to impress markets amid the AI boom. In the words of one analyst, the market now demands perfection….Reuters
Players gaming theme:
“Prez T suggests Iran talks could yield deal by weekend while Tehran denies progress
By Agencies and ToI Staff

US president insists ‘we will get’ Iran’s uranium stockpile, says he wants separate end to Lebanon conflict; Iran’s FM says Israeli attack on Beirut would trigger renewal of war
GOLD oe euro could reaction-move
Several wounded in drone attacks on St. Petersburg ahead of ‘Russian Davos’
The 29th St. Petersburg International Economic Forum (SPIEF 2026) is being held between June 3 and 6
if it turns out that the Baltic States and Finland “deliberately provide their airspace” to Ukrainian UAVs, Moscow has the right to self-defense in response to an “armed attack” under Article 51 of the UN
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