Investment Review №347. In the News
S&P 500 From June 3 to June 11, 2026
Key Events on the US Stock Market
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.