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U.S. stock index futures fell on Thursday evening as technology and chipmaking shares remained on the backfoot following a major post-earnings drop in Broadcom.
Focus was now on upcoming nonfarm payrolls data for more cues on the world’s largest economy, amid sticky inflation and cooling growth. The print is likely to factor into expectations for interest rates.
Wall Street on Friday slumped to its worst day since October last year, as rate-sensitive technology stocks and chip names fell amid rising U.S. Treasury yields after a significantly stronger-than-expected May jobs report. Middle East tensions were also elevated after a ceasefire between Israel and Lebanon was rejected by Hezbollah.
U.S. stocks end the first week of June with losses, dragged down by dwindling signs of progress towards peace in Iran, a halt to a furious artificial intelligence
Deepening a Massive Position: Berkshire has been scaling its Alphabet investment over consecutive quarters. The firm opened a preliminary $4.3 billion stake in Q3 2025, tripled its shares in Q1 2026, and now controls a total position worth approximately $26.6 billion—elevating Alphabet to Berkshire's 5th largest common stock holding.