Alphabet Inc.

The bank said the company's investment in artificial intelligence could slow profit growth

BNP Paribas downgraded Alphabet's stock due to weak AI monetization

Microsoft Corporation

NVIDIA Corporation

Advanced Micro Devices, Inc.

And over the next 18 months, these companies could rise to $5 trillion in value

Nvidia and Microsoft to reach $4 trillion capitalization as soon as this summer - Wedbush


While tech giants like Samsung and Apple are competing with each other, working on improving the performance of gadgets and coming up with new features, button phones are gaining popularity, although they often do not even have the usual Internet access - only texting, calls and, at most, a camera. Why do users increasingly choose them?

'Let's go back to the 2000s': why are people buying button phones again?

Tesla, Inc.

The vehicle was not remotely controlled by the test driver or operator at this time

New Tesla has delivered itself from the factory to the customer for the first time - Musk

Analysts at Jefferies and Citizens expect Google's parent company's stock to rise at least another 20% on the back of the company's success in AI


Analysts bet on Alphabet amid stock slump. Are ChatGPT concerns overblown?


Micron Technology, Inc.

Broadcom Inc.

Demand for neural network training capacity and custom AI-based applications will support the sector in the coming years, says the bank

UBS names the three most promising stocks in the wave of artificial intelligence development

Apple Inc.

But no one is in a hurry to completely abandon investment in technology

Private investors in the U.S. have cooled on bigtech - WSJ

The AI industry began 2025 with the announcement of the unprecedented <a href="https://oninvest.com/article/klub-zaklatyh-druzej-cto-takoe-ii-megaproekt-stargate">$500 billion Stargate <a href="https://oninvest.com/article/klub-zaklatyh-druzej-cto-takoe-ii-megaproekt-stargate">mega project</a>, and then followed it up with an equally unprecedented <a href="https://oninvest.com/article/cernyj-lebed-iz-kitaa-sposoben-li-deepseek-izmenit-rynok-ii">$1 trillion drop</a> in markets following the release of China's DeepSeek AI model, which turned out to be just as good and significantly cheaper than its American competitors. We are, of course, fortunate to witness in real time a technological revolution comparable in scale to the invention of the Internet. Apparently, there's a reason why the word "unprecedented" is mentioned 64 times in a report on AI by renowned technology analyst and investor Mary Meeker (though I teased about it when <a href="https://oninvest.com/article/kakoe-budusee-ii-prorocit-diva-interneta-meri-miker-ne-uvidevsaa-puzyr-dotkomov">wrote</a> about her last week). And now, the year that started so brightly hasn't even reached the halfway point, and the ever-burgeoning AI market continues to be shaken by events that, in the apt <a href="https://techcrunch.com/2025/06/11/can-scale-ai-and-alexandr-wang-reignite-metas-ai-efforts/">expression</a> of TechCrunch, have investors and analysts "scratching their heads."

An alliance of arch rivals and $14 billion recruiting: how the AI industry kicked off the summer

Oracle Corporation

Morgan Stanley called the OpenAI deal a strong positive development for Google


OpenAI leases servers from Google. What do analysts say about the unexpected deal?


Meta Platforms, Inc.

The U.S. and China have reached a tentative trade agreement, including on rare earth metals, which could ease bilateral trade tensions. Google is offering voluntary severance packages to employees as part of another round of optimization focused on AI infrastructure development. Moody's warns that the growing participation of retail investors in private lending poses new risks ranging from asset quality deterioration to liquidity problems.&nbsp; On these and other topics - in our review of key developments for the morning of June 11.

Highlights for the morning: US-China deal, cuts at Google, Meta in pursuit of AI

Cleveland-Cliffs Inc.

Steel Dynamics, Inc.

An antitrust case against Google could lead to a forced sale of its Chrome browser, potentially crashing Alphabet shares by 25% and hitting profits.&nbsp;Oil quotes continue to rise due to risks of supply disruptions. And in the steel industry, U.S. stocks soared after Donald Trump promised to double tariffs on steel and aluminum imports and announced a deal between U.S. Steel and Japan's Nippon Steel. On these and other topics, here's a roundup of key events for the morning of June 3.

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