Broader Market Held Firm Despite a Crack in the AI Trade

Published on June 11, 2026

All major U.S. stock indices fell last week, ending a remarkable run of nine straight weekly gains for the S&P 500. But the headline numbers hide an unusually lopsided story.

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Washington: What to Watch Now

June 11, 2026
The Senate passed $70 billion immigration enforcement funding bill, Capitol Hill struggles to find consensus on how to regulate AI, and the Trump Accounts app is live.

From Stock Repurchases to AI Capex: The New Playbook for Corporate Cash

June 11, 2026
Equity issuance is all the rage. The SpaceX (SPCX) IPO on Friday, Alphabet’s (GOOGL) up-sized secondary announced last week, and a slew of other major go-public names over the remainder of 2026 (Anthropic, OpenAI) buck the years-long trend of intense buybacks and shareholder-friendly activities by the world’s most valuable companies.