By Dylan Butts
Publication Date: 2026-06-03 01:54:00
NVIDIA CEO Jensen Huang delivers a speech during a keynote event at COMPUTEX on June 02, 2026 in Taipei, Taiwan.
Cheng Chia Huang | Getty Images
Hello, this is Dylan Butts writing to you from Singapore. Welcome to the new edition of the Daily Open newsletter.
AI momentum is continuing to carry Wall Street to fresh milestones as investors turn their attention to Day 2 of a major technology conference in Taipei.
But geopolitical and trade undercurrents refuse to fade quietly into the background, with more conflicting messages coming from Washington and Iran, and President Donald Trump issuing all too familiar tariff threats against a major trading partner.
What you need to know today
The S&P 500 hit yet another record close, while the Dow hit an intra-day high on Tuesday, as traders digested tech headlines from Computex — one of the world’s largest technology conferences held in Taipei.
Asia-Pacific markets also opened higher Wednesday, with Japan’s Nikkei 225 reaching a new record.
Key highlights from the event included Nvidia unveiling new PC processors developed with Microsoft, as the world’s most valuable company by market cap seeks to dominate every layer of the AI market.
Nvidia CEO Jensen Huang was the star of the show, appearing alongside a number of major tech leaders. Highlighting the CEO’s massive influence on markets, Marvell shares surged 32% on Tuesday after Huang called the chip firm a potential “next trillion-dollar company.”
Goldman Sachs CEO David…
