By Reuters
Publication Date: 2026-06-02 09:38:00
By Medha Singh and Twesha Dikshit
June 2 (Reuters) – S&P 500 and Dow futures fell on Tuesday after hitting a series of record highs, while spectacular results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the development of AI.
HPE rose about 25% in premarket trading after the AI server maker moved up its long-term financial goals by two years. Rivals Dell and Super Micro Computer rose 1% and 5.8%, respectively.
Alphabet said it was looking to raise $80 billion in stock offerings, including an investment from Berkshire Hathaway, to fund a costly expansion of its artificial intelligence infrastructure. Its shares fell almost 2.3%.
Both the S&P 500 and Nasdaq posted their eighth consecutive session of gains on Monday and closed at record levels, with Nvidia rising more than 6% after unveiling a new processor to bring artificial intelligence to personal computers.
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