Investment Review №347. In the News

S&P 500 From June 3 to June 11, 2026

Key Events on the US Stock Market

S&P 500

03.06.2026 — 7 553

  • Broadcom (AVGO) delivered another record quarter, exceeding market expectations. Despite a cautious outlook and subsequent share-price weakness, demand for AI semis and networking solutions remains exceptionally strong.

 

05.06.2026 — 7 384

  • April U.S. labor market data surprised to the upside, with nonfarm payrolls rising 172k versus consensus expectations of 88k.

 

09.06.2026 — 7 386

  • Apple (AAPL) unveiled its updated AI strategy and Siri AI at WWDC 2026. However, the lack of a clear commercial rollout timeline disappointed investors and weighed on the stock.

 

10.06.2026 — 7 267

  • Oracle (ORCL) beat revenue and earnings expectations, while its backlog reached a record $638bn. Management reiterated strong demand for cloud AI infrastructure and reaffirmed long-term growth targets.
  • May CPI data reinforced the view that core inflation remains contained despite continued strength in gasoline prices.

 

11.06.2026 — 7 394

  • May PPI data showed headline inflation rising +1.1% MoM versus +0.7% consensus, alongside an increase in the core measure.

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