News

Qualcomm (QCOM.O) shares fell 6.1% before the market opened and rose more than 5% last week.

India's NIFTY 50 index fell more than 0.5%.

[Goldman Sachs: Hedge funds bought U.S. stocks last week at the fastest pace in six months] Hedge funds bought U.S. stocks last week at the fastest pace in six months, according to Goldman Sachs Group's prime brokerage business unit, while the S&P 500 continued its record-breaking rise. Goldman Sachs traders said in a client note that the change in trading volume was driven by a combination of long buying in index products and exchange-traded fund products and the liquidation of short positions. Short positions in U.S.-listed exchange-traded funds decreased for the second straight week, falling 0.6%. Investment enthusiasm around artificial intelligence infrastructure construction continues to rise. Coupled with performance exceeding expectations, it jointly promoted the continued rise of the U.S. stock market. The S&P 500 has risen for nine consecutive weeks, its longest stretch since 2023. The Nasdaq 100 index, which is dominated by technology stocks, has risen by more than 20% this year.

Hedge funds bought U.S. stocks last week at the fastest pace in six months as the S&P 500 extended its historic winning streak, according to Goldman Sachs Group Inc.'s primary brokerage unit.

S&P Global: UK manufacturing input price inflation approached a four-year high in May. Supply chains are still under pressure.

According to TASS news agency: Russia has requested information from France about the seized oil tanker.

The final value of the UK manufacturing PMI in May was 53.9, which was expected to be 53.7 and the previous value was 53.7.

Adviser to the Ukrainian Interior Minister: Russia dispatched 268 drones to attack Ukraine last night.

The final value of the UK manufacturing PMI for May will be released in ten minutes.

ICE data showed that the wholesale price of front-month British natural gas futures contracts rose 5.8% to 117.26 pence/sam.

ICE data shows that the wholesale price of front-month natural gas futures contracts in the Netherlands increased by 5.11% to 48.32 euros/MWh.

US software stocks extended pre-market gains: ServiceNow (NOW.N) up 7.3%, IBM (IBM.N) up 5.4%, Adobe (ADBE.O) up 4.1%, Atlassian up 3.8%, Salesforce (CRM.N) up 3.5%, Workday (WDAY.O) up 1.8%.

U.S. software stocks continued their gains before the market opened. ServiceNow (NOW.N) rose 7.3%, IBM (IBM.N) rose 5.4%, Adobe (ADBE.O) rose 4.1%, Atlassian rose 3.8%, Salesforce (CRM.N) rose 3.5%, and Workday (WDAY.O) rose 1.8%.

HSI closed up 215.79 points, or 0.86%, at 25398.18 points on June 1 (Monday); Hong Kong's Hang Seng Technology Index closed at 4964.92 points, up 80.69 points or 1.65% on June 1 (Monday). ;The state-owned enterprise index closed up 82.05 points, or 0.97%, at 8507.87 points on June 1 (Monday); The red chip index closed up 43.66 points, or 1.0%, at 4427.42 points on June 1 (Monday).

At the close of Hong Kong stocks, the Hang Seng Index closed up 0.86%, and the Hang Seng Technology Index closed up 1.65%; Kingdee International (00268.HK) closed up over 19%, and MiniMax (00100.HK) closed down over 15%.

French President Macron: Companies pledged to invest a total of 93 billion euros in France at this year's "Choose France" summit.

Most U.S. technology stocks rose before the market opened. Arm (ARM.O) once rose more than 8%, Micron Technology (MU.O) rose more than 3%, Oracle (ORCL.N) rose 2.8%, and Microsoft (MSFT.O) rose 2.3%.

European Central Bank Consumer Economic Survey: Consumers expect a greater economic contraction in the next year and slower income growth.

Nvidia (NVDA.O) U.S. stocks rose nearly 2% before the market opened, after the company launched PC chips that bring artificial intelligence directly into personal computers.

Foxconn: Foxconn has partnered with French advanced computing and artificial intelligence company Bull to expand manufacturing capabilities for European artificial intelligence infrastructure. To implement this strategic deployment in France, the project is expected to require an initial investment of more than 120 million euros.