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Today is Tuesday, June 2, 2026.
The Early Bird Index today is 90.95.
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Google's $80B AI Power Move 🤖
Google parent Alphabet $GOOGL ( ▼ 1.04% ) dipped down 0.72% in after-hours trading on Monday after announcing plans to sell $80 billion in stock to fund its artificial intelligence aspirations.
Details: The funding will help Alphabet pay for new AI compute infrastructure as it seeks to meet new demand.
Also: Berkshire Hathaway $BRK.B ( ▼ 0.88% ) will invest $10 billion in the new stock offering.
Early Bird’s Nest Egg Gains: Investors were worried about the near-term cost or dilution, not that they dislike AI itself. The market appears to have focused on the scale of the capital raise and the pressure it could put on margins.
Investors are increasingly sensitive to heavy AI capex, especially when it could weigh on profitability before benefits show up.
Final Thoughts: The AI trade has benefited Alphabet in 2026, with the stock up 19%.
Where to Invest $100,000 Right Now, According to Experts
Investors face a dilemma. When the S&P 500 finished its worst quarter since 2022 last month, diversifiers like bonds and bitcoin fell too.
Even with the turnaround in mid-April, analysts at Goldman Sachs and Vanguard have projected low-single-digit annualized returns from 2024-2034.
Bloomberg asked where experts would personally invest $100,000 for their March monthly edition.
One answer that surfaced for a second time? Art.
It's what billionaires like Bezos and the Rockefellers have privately used to diversify for decades.
Why?
Appreciation. The ArtPrice100 Index outpaced the S&P 500 overall from 2000 to 2025
Low-correlation. The postwar contemporary segment has moved independently of traditional investments like stocks since ‘95.*
Resilience. A scarce, physical, and global asset class with decades of demonstrated demand.
Thanks to the world's premier art investing platform, now anyone can invest in works featuring legends like Banksy, Basquiat, and Picasso, without needing millions.
Shares in new offerings can sell quickly but...
*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.
Notables
Notable Earnings Today: Dollar General (NYSE: DG), Palo Alto Networks (Nasdaq: PANW), GitLab (Nasdaq: GTLB), Victoria's Secret (NYSE: VSCO), Ulta Beauty (Nasdaq: ULTA), Signet Jewelers (NYSE: SIG), Hello Group (Nasdaq: MOMO), ODDITY Tech (Nasdaq: ODD), Yesway (Nasdaq: YSWY), Donaldson Company (NYSE: DCI), Petmed Express (Nasdaq: PETS), Pics NV (Nasdaq: PICS), Sportsman's Warehouse Holdings (Nasdaq: SPWH), UP Fintech (Nasdaq: TIGR), Yext (NYSE: YEXT).
Notable IPOs Today: N/A.
Notable Equity Crowdfunding Campaigns Ending Today: Tweedy & Fluff (Crowdcube).
Notable Economic Events Today: JOLTS Job Openings (10:00 a.m. ET).
HPE's Data Center Revenue
Hewlett Packard Enterprise $HPE ( ▲ 9.2% ) surged 28.04% in after-hours trading on Monday after reporting strong financial earnings results.
Financials: HPE reported earnings of 79 cents per share in the past quarter and revenue of $10.7 billion. Both were better than expected.
Powering the Story: Revenue increased by 40% year-over-year, driven by a 233.3% jump in revenue for data center networking. HPE also increased its financial outlook for the full year and added a fiscal 2027 financial growth framework.
Quote: “HPE delivered an exceptional quarter with record-breaking revenue, higher-than-anticipated profitability, and increased free cash flow, reflecting strong execution and healthy demand across the business. Customers continue to invest in modernizing their infrastructure and scaling AI”. - Antonio Neri, president and CEO.
Final Thoughts: HPE, previously up 94% in 2026, has become a darling of investors in the past year as more companies build out their infrastructure in the AI age.
Bitcoin’s Rough June Start
Bitcoin $BTC ( ▼ 4.09% ) had a challenging first day in June, with the price declining about 3%.
Details: Risk appetite is weak. There’s still geopolitical uncertainty around the U.S.–Iran situation, higher oil prices, ETF (exchange-traded funds) outflows, and broader macro uncertainty weighing on cryptocurrency.
Background: Bitcoin’s price has already suffered under these rough macro conditions, and is down nearly 19% in 2026.
Final Thoughts: Bitcoin’s immediate future seems to be tied directly to geopolitical headlines.
Trends to Watch
Your Move, OpenAI: Anthropic files to go public in a potentially trillion-dollar debut (CNN)
Dining Out With Friends Just Got Easier: Apple Readies Feature to Split Bills by Taking Photo of a Receipt (Bloomberg)
No Contract, No Axles: UAW union strike threatens General Motors truck production (CNBC)
Tough Crypto Week: Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows (CoinDesk)
Another Gamble: Diller Plans a Takeover Bid for MGM Resorts (New York Times)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.
