Anthropic Urges Global Pause in AI Development, Flags 'Self-Improvement' Risk
The $1 trillion startup warns that artificial-intelligence models are nearing the capability to improve without human intervention.
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Quantinuum Stock Fizzles in Highly Anticipated Quantum IPO Debut. What Went Wrong?
Bullish investors see Quantinuum as the next superpower in quantum computing. Here's why.
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Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund
The fund capped client redemptions at 5%, an about-face from Blackstone's decision to pay out all requests earlier this year.
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Lululemon Cuts Outlook as Headwinds Mount
The athleisure company now expects sales to be down to flat this year, compared with its prior forecast for growth. It also cut its profit outlook.
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Brown-Forman Guides for Flat Sales Amid Struggling Spirits Market
Brown-Forman posted higher revenue in the fiscal fourth quarter, but said pressures to the broader spirits market are expected to keep sales flat in the new fiscal year.
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Docusign Nudges Revenue Outlook Higher After First-Quarter Profit Rises
The company lifted its previous target by $6 million as demand grows for its AI-native Intelligent Agreement Management platform.
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Texas AG Paxton to Probe Whether Celsius Marketed Energy Drinks to Children
The investigation will focus on the Alani Nu line of energy drinks, sold by a Celsius subsidiary.
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HSBC, StanChart Shares Slide as New Rules Could Restrict Chinese Funds in Hong Kong Accounts
Shares in London-listed financial groups with a large presence in Asia fell on fears that new rules would curtail mainland Chinese investors' use of Hong Kong bank accounts.
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The IPO Market Is So Hot a 140-Year-Old Silver Mine Just Went Public
Billionaire Thomas Kaplan bought the bankrupt Idaho mine in 2010 and plans to restart production in 2028.
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Comcast to Invest More Than $8 Billion on Universal Theme Park in U.K.
The U.K. government said the investment would be followed by an additional capital injection over the first decade of operation, after an estimated five-year construction period.
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Lex Greensill Banned From Serving on Corporate Boards
Greensill Capital's collapse ricocheted across the financial world, especially on now-defunct lender Credit Suisse.
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Foxconn, Intel Team Up on AI
Foxconn Technology Group and Intel are partnering to develop artificial-intelligence infrastructure, aiming to address critical bottlenecks in modern data centers.
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Meta Keeps Delaying the Release of Its New AI Model to Developers
The shifting timeline is a setback for Meta's ability to monetize its massive investments in building frontier AI models.
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Universal Music Shares Fall After Ackman Fund Offloads $1.5 Billion Stake
Universal Music Group shares deepened their year-to-date loss after Pershing Square exited the world's biggest music company five years after its initial investment.
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Why Berkshire Hathaway Went Window-Shopping at Macy's
The conglomerate appears to be betting on Macy's shrinking competition and its new leadership focused on the store experience.
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TSMC Not at Risk of Losing Competitive Edge, CEO Says
Taiwan Semiconductor Manufacturing isn't falling behind in next-generation chip making, its CEO said.
(END) Dow Jones Newswires
June 04, 2026 17:00 ET (21:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.