Headline: US Stocks: Positive and Negative News on 2 June 2023

Introduction:

The stock market was mixed on 2 June 2023, with some stocks rising on positive news and others falling on negative news. Here is a look at some of the most important news stories that could impact stock prices in the near future.

Positive News:

  • Microsoft: Microsoft announced that it is raising its dividend by 40% and buying back $60 billion worth of shares. This news was well-received by investors, and Microsoft’s stock price rose by 3% on the day.
  • Alphabet: Alphabet announced that it is expanding its advertising business in China. This news was seen as a positive sign for the company, and Alphabet’s stock price rose by 1% on the day.
  • Apple: Apple is expected to release the iPhone 14 in September. This new product launch could be a major catalyst for Apple’s stock price.
  • Tesla: Tesla is reportedly planning to increase production of its electric vehicles. This news could help to boost Tesla’s stock price, which has been under pressure in recent months.
  • Nvidia: Nvidia is expanding its chip business into new markets, such as the automotive industry. This news could help to boost Nvidia’s stock price, which has been on a tear in recent years.

Negative News:

  • Amazon: Amazon was hit with a lawsuit from the European Commission, which accused the company of abusing its market dominance. This news could lead to regulatory scrutiny and could weigh on Amazon’s stock price in the future.
  • Meta: Meta is facing declining user growth in its core Facebook app. This news could lead to concerns about the company’s future growth prospects, and could weigh on Meta’s stock price.

Conclusion:

The stock market is likely to remain volatile in the near future, as investors weigh the positive and negative news stories that could impact stock prices. However, the overall sentiment towards stocks is positive, and there are a number of stocks that could continue to perform well in the coming months.

Title: Positive and Negative News for US Stocks on 2 June 2023