June 4, 2026
Today’s Top Stories: Hot Inflation, AI Chips, and Alibaba Earnings Move Markets

TLDR Producer inflation came in hotter than expected, keeping pressure on the Federal Reserve to hold rates higher Morgan Stanley raised its year-end S&P 500 target to 8,000, up from 7,800 AMD disclosed a small stake in Marvell Technology, drawing fresh attention to AI networking stocks Tower Semiconductor surged over 17% after announcing $1.3 billion […]
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