On June 3, spot gold and silver experienced a short-term decline, with spot gold dropping by $20 to currently stand at $4,434.72 per ounce. Spot silver fell by 2.00% during the day, currently priced at $73.62 per ounce. New York silver futures dropped below $74 per ounce, declining by 2.09% for the day.
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Spot Silver Drops Over 2%
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Bridgewater Founder Dalio: The AI Bubble Will Eventually Burst
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Marvell Technology Surges Over 11%, Continues to Set New Highs with Market Value Increasing by Over $90 Billion in Two Days
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On June 3, according to the Financial Times, as Meta seeks to create new significant revenue sources for WhatsApp, business users will soon be able to utilize AI agents to automatically respond to customer messages. This move is one of the first initiatives by Meta to commercialize its latest multi-billion dollar investment in AI, moving beyond reliance on its core advertising business. The new product, 'Business AI Agent,' has completed testing in a few markets over the past months and is now being rolled out globally. This tool can automatically reply to customer messages, provide businesses with operational feedback and data insights, and in some scenarios, complete sales conversions or appointment scheduling without human intervention. In the future, this feature will also expand to the Instagram messaging system. Meta CEO Mark Zuckerberg stated via video at a product launch event in London on Wednesday, 'A few years ago, I said that every business would eventually have its own AI agent, just as every company today has an email, website, and social media account. The pace of this development is even faster than I expected.' -
Google Anticipates 'Significant' Increase in Capital Expenditure by 2027
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AI Infrastructure Company Nscale Valued at $14.6 Billion, Raises Nearly $4 Billion
AI infrastructure startup Nscale has disclosed that it has completed nearly $4 billion in financing, with its latest $2 billion Series C round bringing its valuation to $14.6 billion. Nscale, which originated as the cryptocurrency mining company Arkon Energy, is now focused on building and operating AI data centers and leasing computational resources to enterprises. Its investors include tech giants such as Nvidia, Dell, and Nokia. Since 2026, Nscale has also secured $1.4 billion in GPU-backed loans and $790 million in financing to support its AI infrastructure expansion plans. Nscale participated in OpenAI's 'Stargate' infrastructure project, deploying AI computing facilities in the UK and Norway, but as OpenAI adjusted its plans, some projects have been taken over by Microsoft and Google. -
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Nasdaq 100 Futures Turn Lower, S&P 500 Futures Down 0.3%
Nasdaq 100 futures have turned lower, while S&P 500 futures are down 0.3%.
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