Colorado revised its AI Act on May 14, stripping risk-management mandates and delaying enforcement to January 2027, replacing them with a narrower notice-and-transparency model.
Posted inMarkets
Broadcom shares fall 15% as Hock Tan holds AI revenue guidance flat
Broadcom shares dropped roughly 15% after CEO Hock Tan declined to raise the full-year AI chip forecast despite Q2 AI revenue soaring 143% to $10.8 billion, dragging chip stocks broadly lower.
Posted inEconomy
Eurozone inflation at 3% seals the case for an ECB rate hike on June 11
Eurozone inflation reached 3% in April, sealing expectations for a 25-basis-point ECB rate increase on June 11 — the first increase since the bank’s recent cutting cycle began.
Posted inGeopolitics
Ukrainian drones strike St. Petersburg oil terminal as Putin’s forum opens
Fifty drones struck a 12.5-million-tonne St. Petersburg oil terminal on June 3, blanketing the city in smoke as delegates arrived for Putin’s flagship annual economic forum.
Posted inWorld
De la Espriella leads Colombia’s first round, forcing June 21 runoff
Criminal defense lawyer Abelardo de la Espriella led Colombia’s presidential first round with 43.74%, forcing a June 21 runoff against Iván Cepeda despite polls that had favoured the left.
Posted inWorld
Peru’s Fujimori and Sánchez face off in high-stakes runoff vote on 7 June 2026
Peru holds a presidential runoff on 7 June between conservative Keiko Fujimori and leftist Roberto Sánchez Palomino, with the outcome set to determine the country’s economic model after years of chronic political instability.
Posted inTech
Microsoft launches seven MAI models at Build 2026, targeting OpenAI dependence and developer costs
Microsoft unveiled seven proprietary MAI models at its Build 2026 conference, including a reasoning model that matched Claude Opus 4.6 on coding benchmarks and reportedly outperformed GPT-5.5 at one-tenth the cost.
Posted inEconomy
Warsh’s first FOMC meeting, a four-year manufacturing high and Friday’s jobs report test Fed’s resolve
Kevin Warsh chairs his inaugural FOMC meeting on 16–17 June as a hot ISM manufacturing print, a bifurcated consumer and Friday’s May payrolls data land against an oil-driven inflation backdrop that has flipped rate-cut bets into hike odds.
Posted inGeopolitics
Iran suspends mediator contacts and strikes Kuwait as one-page Hormuz deal stalls
Iran has halted communications with Washington through intermediaries and struck Kuwait’s airport following fresh US strikes on Qeshm Island, as a preliminary 60-day ceasefire framework collapses over the Hormuz sequencing dispute.
Posted inMarkets
Wall Street’s nine-day winning streak ends as Iran strikes push oil above $96 and Treasury yields higher
US equities snapped a nine-day winning run on 3 June 2026 after fresh American strikes on Iran lifted WTI crude near $96 a barrel and pushed the 10-year Treasury yield to 4.46%, reviving inflation fears that overshadowed the AI-driven rally.