Friday Evening Links

[AP] Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

[CNBC] Nasdaq falls 4% and suffers worst day since April 2025 as traders flee chip stocks: Live updates

[CNBC] 10-year Treasury yield surges above 4.53% as hot jobs report dents hopes for rate cuts

[Yahoo/Bloomberg] Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win

[Reuters] Chip slump erases $1.3 trillion in stock market value

[CNBC] Meta’s stock sinks on report company could raise tens of billions of dollars to fund AI push

[Reuters] Iran has launched multiple drones towards the Strait of Hormuz, CNN reports

[Yahoo/Bloomberg] US-Iran Stalemate Drags On as Conflict Nears 100-Day Mark

[Axios] Scoop: Trump's Iran envoys quietly convene nuclear experts in Tennessee

[Yahoo/WSJ] May Jobs Growth Puts U.S. on a Strong Hiring Streak

[Reuters] Resilient US economy posts third straight month of strong job growth

[CNBC] Iran’s threats against this Red Sea choke point are a big vulnerability for the oil market

[Reuters] Texas grid flags risks as data centers, crypto sites fail voltage tests

[Bloomberg] Hormuz Traffic Remains Near Zero as Peace Talks Stall

[Bloomberg] Pressure Mounts on Rookie Chair Warsh as Jobs Fuel Fed-Hike Bets

[Bloomberg] US Consumer Borrowing Posts Biggest Back-to-Back Gain Since 2022

[Bloomberg] Putin Rejects Zelenskyy Call for Peace Talks, Tells Army to Work

[WSJ] Trump Urges ‘Less Shackled’ Pulte to Fire Intelligence-Community Employees