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3 Economic Events That Could Affect Your Portfolio This Week, June 2-6, 2025

3 Economic Events That Could Affect Your Portfolio This Week, June 2-6, 2025

Here are three key economic events that could affect your portfolio this week. For a full listing of additional economic reports, check out the TipRanks Economic Calendar.
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» May's S&P Global Manufacturing PMI – Monday, 06/2 – This report measures business activity in the manufacturing sector, a critical component of U.S. GDP. As a leading economic indicator, this index provides timely insight into current and future economic conditions. Investors closely monitor this data for signs of strength or weakness in industrial output, which can influence corporate earnings, inflation trends, and Fed policy expectations.
» May's S&P Global Services PMI – Wednesday, 06/4 – This report gauges activity in the services sector, which accounts for more than two-thirds of the U.S. economy. This index is closely watched as a bellwether of broader economic momentum. Because it reflects both consumer and business sentiment, movements in the Services PMI often precede shifts in overall economic performance.
» May's Nonfarm Payrolls and Unemployment Rate – Friday, 06/06 – The Nonfarm Payrolls and Unemployment reports present the number of new jobs created during the previous month, along with the percentage of people actively seeking employment in the previous month. These reports are two of the most important economic indicators, as the shift in the number of positions since it is strongly associated with the overall health of the economy. One of the Federal Reserve's mandates is full employment, and it considers labor market changes when determining its policy decisions.

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Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other
Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other

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Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other

Billionaire Stanley Druckenmiller of the Duquesne Family Office and Cathie Wood of Ark Invest have both been selling Palantir Technologies stock and buying shares in Taiwan Semi lately. Palantir stock has experienced outsized momentum throughout 2025, potentially making now a smart time to take gains. Conversely, TSMC has experienced notable valuation compression despite robust long-term tailwinds supported by ongoing AI infrastructure spend. 10 stocks we like better than Palantir Technologies › Following the end of each calendar quarter, institutional investors are required by the Securities and Exchange Commission (SEC) to file a Form 13F. A 13F serves as a public ledger, breaking down which stocks the "smart money" on Wall Street bought and sold during the most recent quarter. For the last few years, institutional investors haven't been able to stop buying artificial intelligence (AI) stocks. Chief among popular buys for most of the last two years are "Magnificent Seven" darling Nvidia and data mining specialist Palantir Technologies (NASDAQ: PLTR). However, while combing through some recent filings and trading data, it would appear that some of Wall Street's most closely followed personalities are dumping Palantir stock and redeploying their gains into another AI semiconductor stock -- Taiwan Semiconductor Manufacturing (NYSE: TSM). I'll detail some moves made by billionaire money manager Stanley Druckenmiller of the Duquesne Family Office and Ark Invest founder Cathie Wood as it relates to swapping Palantir for TSMC. Let's dig into why selling Palantir stock and buying shares of TSMC might make sense for growth investors right now. It's no secret that 2025 has been a choppy year in the stock market. The S&P 500 and Nasdaq Composite have each exhibited pronounced volatility, thanks in large part to an overwhelming cloud of uncertainty -- from tariff negotiations, mixed economic data, and guessing what policies the Federal Reserve might institute next. Nevertheless, it seems as if nothing can stand in the way of Palantir stock's parabolic run. Let's start with Cathie Wood's recent trading activity. While Palantir remains the fifth-largest holding across Ark Invest's exchange-traded funds (ETFs), the firm has been trimming its exposure to Palantir over the last month. Of note, some of these trades were required by specific regulations per the Internal Revenue Code. Essentially, the gains in Ark's Palantir position were so high that the stock had become an abnormally large position, and the rise in share price triggered a sale. What is unique, however, is that Ark continued reducing its exposure to Palantir -- even after the company delivered a monster earnings report earlier this month. Druckenmiller's activity in Palantir stock differs slightly from Wood's. Per Duquesne Family Office's Q1 13F, the firm no longer has any exposure to Palantir -- having sold its remaining 41,710 shares during the quarter. I went back and took a look at Duquesne's exposure to Palantir since the company went public back in 2020. It would appear that this is not the first time since Druckenmiller and his team owned the red-hot AI stock, only to dump it later on. Need I remind you, Wood has done this before, too. At a price-to-sales (P/S) ratio of nearly 100, Palantir has become a historically pricey stock among a cohort of software businesses that generally fetch premium valuations as it is. The trading patterns from Wood and Druckenmiller lead me to think that each investor may be exercising a similar strategy: taking profits off the table during periods of pronounced momentum and being cognizant of an overstretched valuation. During the first quarter, the Duquesne Family Office purchased 491,265 shares of Taiwan Semi stock -- increasing its stake by 457%. In addition, Wood appears to be quietly carving out more exposure to semiconductor stocks across Ark's portfolio, too. Over the last few months, Ark has gone back to buying shares of Nvidia and Advanced Micro Devices, and more recently, just scooped up TSMC stock. From a macro standpoint, buying chip stocks looks like a savvy bet right now. Hyperscalers such as Amazon, Alphabet, and Microsoft, in combination with Meta Platforms and Apple, have collectively committed hundreds of billions of dollars for AI-related capital expenditures (capex) over the next several years. In addition, Oracle, OpenAI, and SoftBank are leading the charge for Project Stargate -- a $500 billion AI infrastructure initiative. Secular tailwinds fueling AI infrastructure, particularly a rising need for GPUs and integrated network equipment, bode well for Taiwan Semi's long-term prospects. Even so, shares of Taiwan Semi have faced enormous pressure as of late -- likely due to ongoing tensions between the U.S. and China as it relates to trade. At a forward price-to-earnings (P/E) multiple of just 21.3, TSMC appears to have exhibited some pronounced valuation compression during the first quarter. In all fairness, I personally remain bullish on both Palantir and Taiwan Semi -- as each have compelling long-run tailwinds underscored by the AI movement. But right now, I think Palantir's valuation is quite lofty and it's increasingly becoming difficult to justify. On the other hand, I think TSMC stock is reasonably valued and looks like a great buy right now. My thinking is Druckenmiller and Wood redeployed their gains from high-flying growth stocks such as Palantir and bought the dip in Taiwan Semi stock. With that in mind, I think investors might want to consider doing the same and reduce some exposure to Palantir and reinvest their gains elsewhere -- and Taiwan Semi looks like a great position for that. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Cloudflare, CrowdStrike, Datadog, Meta Platforms, Microsoft, MongoDB, Nvidia, Oracle, Palantir Technologies, ServiceNow, Snowflake, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

S&P closes higher on trade hopes, Nvidia lifts Nasdaq
S&P closes higher on trade hopes, Nvidia lifts Nasdaq

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S&P closes higher on trade hopes, Nvidia lifts Nasdaq

STORY: U.S. stocks closed higher on Monday, with the Dow just nudging into the green, the S&P 500 rising four-tenths of a percent and the Nasdaq adding two-thirds of a percent. Investors by the end of the session shrugged off President Donald Trump's latest salvo to double tariffs on imported steel and aluminum to 50%. But Sam Stovall, chief investment strategist at CFRA Research, thinks that despite months of flip-flopping on trade policy, Trump this time should be taken at his word. "I think the 50% tariff placed on steel and aluminum is not just rhetoric, it's reality. It is something that is going to last possibly through the entire Trump administration. Our Washington analysis political strategy arm believes that what the administration is trying to do is to drive new capacity within the U.S. for both steel and aluminum production, rather than simply trying to use this as a negotiating ploy." Shares of U.S. steel companies rose, led by Cleveland-Cliffs, which surged 23%. Other steel-makers also gained, including Nucor and Steel Dynamics. But shares of automakers dropped, with Ford closing down almost 4% and General Motors also falling by a similar percentage. The Nasdaq got a boost from shares of Nvidia as well as shares of Meta, which gained more than three-and-a-half percent. And shares of Tesla lost ground after the EV maker reported lower monthly sales for Portugal, Denmark and Sweden. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Updated: Henry Schein to Participate in Upcoming Investor Conference in June
Updated: Henry Schein to Participate in Upcoming Investor Conference in June

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Updated: Henry Schein to Participate in Upcoming Investor Conference in June

MELVILLE, N.Y., June 02, 2025--(BUSINESS WIRE)--Henry Schein, Inc., the world's largest provider of health care solutions to office-based dental and medical practitioners, announced today that the Company will present at the following investor conference in June: Jefferies Global Healthcare Conference at the Marriott Marquis hotel, New York City, on June 4, at 12:50 p.m. Eastern time. Henry Schein's presentations can be heard via live webcast by visiting Replays will be available on the Henry Schein website following the presentations. About Henry Schein, Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With approximately 25,000 Team Schein Members worldwide, the Company's network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that help improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional health care clinics, as well as other alternate care sites. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 300,000 branded products and Henry Schein corporate brand products in our distribution centers. A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 33 countries and territories. The Company's sales reached $12.7 billion in 2024, and have grown at a compound annual rate of approximately 11.2 percent since Henry Schein became a public company in 1995. For more information, visit Henry Schein at and @HenrySchein on X. View source version on Contacts Investors Ronald N. SouthSenior Vice President and Chief Financial (631) 843-5500 Graham StanleyVice President, Investor Relations and Strategic Financial Project (631) 843-5500 Media Tim VassilakosExecutive Director, Global Corporate (516) 510-0926 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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