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AI Trade Falters; Chinese Investors Banned from SpaceX IPO; Jobs Report | Bloomberg Brief 6/5/2026
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June 5, 2026
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43:26Now PlayingUS stocks head for its first weekly drop since March as the AI-fueled rally loses steam ahead of the May Jobs Report. Jensen Huang confirms that Nvidia has certified Samsung, SK Hynix, and Micron to supply the most advanced high-bandwidth products for its AI accelerators. Underwriters on SpaceX's IPO have been told not to accept orders from investors in Hong Kong and China, citing US restrictions around the export of critical technology. Veronica Clark of Citi looks ahead to the May Payrolls Report.
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