business

Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026

Bloomberg Markets · Jul 2, 2026, 11:17 AM · Also reported by 3 other sources

Technology stocks fall ahead of the US June payrolls report. The yen strengthens sharply against the dollar as traders stay alert for a potential intervention from the Japanese government. Apple is said to have appealed to the Trump administration in an effort to buy Chinese-made memory chips from firms on Pentagon's blacklist. Open AI is reportedly having discussions about giving the US government a 5% stake in the company. Veronica Clark of Citi looks ahead to the June jobs report. (Source: Bloomberg)

Article preview — originally published by Bloomberg Markets. Full story at the source.

Read full story on Bloomberg Markets → More top stories

Also covered by

Euronews OpenAI offers the US government a 5% ownership stake CNET Best iPhone in 2026: Here's Which Apple Phone You Should Buy Bloomberg Tech OpenAI Proposes Giving 5% Stake to US Government: FT

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026

Also covered by

More in business