Nvidia CEO Crowns Marvell 'The Next Trillion-Dollar Company' — Stock Explodes 20%

Nvidia CEO Jensen Huang endorsed Marvell Technology as the 'next trillion-dollar company' during a joint appearance at Computex, citing the critical role of Marvell's networking and connectivity chips in AI infrastructure. The endorsement, combined with Nvidia's $2 billion strategic investment, sent Marvell shares surging 20% in premarket trading. Marvell's data center segment represents 76% of revenue, with analysts projecting its custom chip business to double by fiscal 2028.

06/02/2026, 9:09 AM • Benzinga

Palantir Stock Surges 20% on Drones, Dell Partnership, and AI Demand

Palantir Technologies surged over 20% in late May driven by reports of potential U.S. government funding for domestic drones, a strategic partnership with Dell that integrates Palantir's software into Dell's AI infrastructure, and strong institutional demand for AI growth stocks. The company's software positions it as critical connective tissue for drone data integration and autonomous defense systems, with analyst price targets suggesting 20% upside from current levels.

06/02/2026, 8:23 AM • Investing

HP Shares Are Picking Up Momentum— But Goldman Sachs Isn't Buying It

HP Inc. shares have surged 31.69% YTD following Nvidia's announcement of its RTX Spark Superchip and positioning as a launch partner for next-generation AI PCs. However, Goldman Sachs maintains a Sell rating with a $19.00 price target, citing near-term operational headwinds including margin compression, rising input costs, and supply chain constraints that could offset strategic pricing efforts through 2027.

06/02/2026, 8:15 AM • Benzinga

What's Going On With AMD Stock Tuesday?

AMD stock fell 1.45% in premarket trading on Tuesday as investors took profits after a powerful rally that pushed the stock into overbought territory. The decline reflects broader market weakness and profit-taking rather than company-specific issues. However, the stock remains well above key moving averages with a bullish technical setup intact. New U.S. export restrictions on AI chips to China and Ark Invest's shift of capital toward NVIDIA also weighed on sentiment. Wall Street maintains a Buy consensus with expectations for strong earnings growth.

06/02/2026, 7:44 AM • Benzinga

Dan Loeb Touted Semiconductors As The 'Most Attractive Sector' In AI Boom— But His Nvidia Sell-Off Tells A Different Story

Billionaire investor Dan Loeb publicly praised semiconductors as the most attractive sector during the AI boom, but his hedge fund Third Point drastically reduced its Nvidia holdings by 90% in Q1 2026, from 2.95 million shares to 190,000 shares. The fund also exited positions in Microsoft and Alibaba while trimming Taiwan Semiconductor Manufacturing stakes, instead pivoting toward Alphabet and Meta.

06/02/2026, 7:31 AM • Benzinga

AI Infrastructure Spending Redefines Big Tech Power

Alphabet's $80 billion AI infrastructure funding backed by Berkshire Hathaway signals a fundamental shift in Big Tech competition. AI infrastructure spending is transforming technology companies from software-focused firms into capital-intensive industrial enterprises, where compute capacity and cash flow deployment speed now define competitive advantage. This trend benefits companies with strong cash generation but creates structural disadvantages for weaker balance sheets, regardless of innovation quality.

06/02/2026, 6:42 AM • Investing

The 3 Best Growth ETFs to Buy Under $20

The article highlights three growth ETFs trading under $20 per share that have outperformed major indexes. The Essential 40 ETF (ESN) has beaten the Dow Jones over multiple timeframes with a 15% year-to-date return. The BBH Select Large Cap ETF (BBHL), launched in November 2025, has accumulated $556 million in assets. The EA Bridgeway Blue Chip ETF (BBLU) is recommended as the best option due to its strong 30% 12-month return and low 0.15% expense ratio.

06/02/2026, 6:19 AM • The Motley Fool

This Trillion-Dollar AI Stock Has Seen a Steeper Increase in Market Cap Than Nvidia This Year. Is It a Buy?

Alphabet has outpaced Nvidia in market cap growth this year, increasing 20% to $4.5 trillion compared to Nvidia's 12% gain. The article examines whether Alphabet, which benefits from its AI-powered Google Search advertising business and rapidly growing Google Cloud division (up 63% in the recent quarter), represents a compelling investment opportunity despite trading at 26x forward earnings.

06/02/2026, 6:10 AM • The Motley Fool

Jensen Huang Says Nvidia Has Enough Supply To Support 'Very, Very Robust Growth' — But There's Still One Problem

Nvidia CEO Jensen Huang stated at Computex that the company has sufficient manufacturing capacity to support robust growth in GPUs and CPUs, though supply constraints remain a challenge. Huang highlighted the upcoming Vera data-center CPU as a key growth driver. Nvidia's stock rose 1% in pre-market trading and is up 18.8% year-to-date, though it trades at a premium valuation.

06/02/2026, 5:24 AM • Benzinga

9 Software Stocks That Could Thrive as AI Drives Enterprise Spending

The US software sector rallied strongly on June 1, 2026, with 14 large-cap software stocks gaining over 10%, led by MongoDB's 20.4% jump. Strong earnings reports from companies like Snowflake and Salesforce challenged fears that AI would reduce enterprise software demand, instead showing AI is becoming a major growth driver. Nvidia CEO Jensen Huang reinforced this view, stating it's 'an incredible time to be a software company.' The article identifies nine undervalued software stocks with over 25% upside potential according to analyst estimates.

06/02/2026, 5:15 AM • Investing

Stock Market Today: S&P 500, Dow Jones Futures Fall As Trump Says He 'Couldn't Care Less' If Iran Negotiations Collapse—Marvell, Alphabet In Focus

U.S. stock futures fell on Tuesday as markets started June following a record close on Monday. President Trump expressed indifference toward potential Iran negotiations collapse and predicted crude oil and gas prices would plummet. Key movers included HPE surging 26.6% after beating earnings expectations, Marvell Technology soaring 25.3% after Nvidia's CEO called it a 'trillion-dollar company,' and Alphabet declining 2.48% following its announcement of an $80 billion stock offering for AI investments.

06/02/2026, 5:09 AM • Benzinga

Billionaire Stanley Druckenmiller Dumped 94% of His Fund's Amazon Stake and Piled Into a Scorching-Hot Chip Stock for the First Time in 8 Years

Billionaire investor Stanley Druckenmiller's Duquesne Family Office sold 94% of its Amazon stake in Q1 2026, citing valuation concerns despite AWS's AI growth. Simultaneously, Druckenmiller invested in Intel for the first time in 8 years, purchasing 411,400 shares ahead of a significant rally. The move reflects a shift toward Intel as an AI turnaround candidate, bolstered by Nvidia's $5 billion investment and government support.

06/02/2026, 5:06 AM • The Motley Fool

Is Sandisk a Millionaire-Maker Stock?

Sandisk has experienced explosive growth due to surging demand for NAND flash memory from AI-driven data centers, with a $25,000 investment at spinoff now worth $1.2 million. However, the stock has become expensive at 59x trailing sales, and concerns about cyclical memory markets persist. While new business model agreements and continued hyperscaler spending provide near-term support, most investors should seek safer alternatives rather than betting on further millionaire-making returns.

06/02/2026, 5:05 AM • The Motley Fool

Stock Market: Will S&P 500 Open Up Or Down Today?

The S&P 500 extended its record-setting run on Monday with a 0.26% gain, driven by technology stocks and AI enthusiasm. However, Polymarket traders predict a lower open on Tuesday due to geopolitical tensions in the Middle East, rising oil prices, and concerns about inflation. S&P 500 futures were down 0.07% early Tuesday morning.

06/02/2026, 4:46 AM • Benzinga

Oracle Joins Arm's AGI CPU Ecosystem As Agentic AI Boom Draws Meta, OpenAI And ByteDance

Oracle has joined Arm Holdings' AGI CPU ecosystem, with CEO Rene Haas announcing that ByteDance is also now a customer. Arm's AGI CPUs, which offer more than twice the performance per rack of traditional x86 CPUs, are gaining significant traction among major tech companies including Meta, OpenAI, and Cerebras. The momentum is driven by the shift toward agentic AI systems, with Arm's energy-efficient architecture positioned to benefit from this industry evolution.

06/02/2026, 4:24 AM • Benzinga