Live coverage of the big market-moving stories that run for weeks, such as the third Gulf war, the Strait of Hormuz crisis and the Red Sea. Each event has one page where every related story gathers within minutes of publication, with a "what changed" line for each update, a situation summary refreshed as things develop, the key facts, and how oil, gold and the related stocks have moved since the event began and today. Big events contain smaller ones, each with its own page, so you can follow the whole picture or go into the detail. Below the live coverage are the events that have gathered three or more updates, ordered by their latest development.
On June 4, Alphabet announced that it has raised the top end of its 2026 capital expenditure guidance to $190 billion. This announcement comes amid growing concerns about profitability following Alphabet's $80 billion spending plan in artificial intelligence, which has contributed to a pullback in the S&P 500.
SoftBank announced a $52 billion investment in a French AI data center network. The company also committed €75 billion to France for the expansion of AI data centers. This investment aims to enhance the AI infrastructure in the country.
