Editions
Tuesday, 2 June 2026
4 editionsFinance News
Stocks are climbing at a pace seen only a handful of times since World War II — and one of those ended badly
Wall Street keeps setting records on hopes the Iran war is winding down, but the sheer speed of the climb and a collapse in demand for downside protection have strategists flagging froth — even as stubborn inflation keeps the world's central banks leaning hawkish.
Finance News
Inflation creeps back and central banks turn hawkish — even as US stocks keep setting records
A war-driven price pulse is pushing the Fed, the ECB, the Bank of Japan and others toward higher rates, while Wall Street rides an AI boom to fresh highs and bond yields slip on ceasefire hopes.
Information Technology
Anthropic files to go public, and the money declares the AI race a two-horse sprint
Anthropic confidentially filed for a US IPO, beating OpenAI to the public markets — while a CNBC investigation found the same AI wave is quietly killing the generation of startups built just before ChatGPT.
World News
Israel resumes Beirut strikes, and Iran freezes its line to Washington
Netanyahu ordered the air campaign over Hezbollah's stronghold restarted after weeks of restraint; Tehran answered by cutting its US back-channel, and oil and Asian markets wobbled on the risk to the Strait of Hormuz.