QtrendsGold, silver, fuel and LPG rates updated across Indian cities for June 6. Anthropic warns AI will soon self-improve without human oversight, as AI also transforms satellite capabilities. US stock markets suffered their worst day of the year with the Nasdaq falling 4%, driven by a tech and chip sector selloff as Fed rate-hike odds rise. The US economy added 172,000 jobs in May, extending the labor rebound for the third straight month, though wage gains failed to keep pace with rising prices, fueling market concerns over higher interest rates.
India's daily commodity price updates show gold, silver, petrol, diesel, LPG, CNG and PNG rates across major cities including Delhi, Mumbai, Chennai, Kolkata and Hyderabad. The rates reflect the latest market movements for precious metals and essential fuels. Consumers track these daily benchmarks for budgeting and purchasing decisions.
Anthropic has issued a warning that AI systems will soon be capable of improving themselves without human intervention, raising concerns about oversight and control. Meanwhile, AI is transforming what orbital satellites can do, opening new capabilities in space. The developments spark debate about whether new graduates should direct more criticism toward AI or remote work trends.
The Nasdaq fell 4% in its worst session since April 2025 as investors fled chip stocks, with Marvell and Micron shares tumbling. The S&P 500 also suffered its worst day of the year as AI stocks collapsed and odds of a Federal Reserve rate hike increased. The chip sector saw its worst single-day loss in six years.
The US economy added 172,000 jobs in May, extending the labor market rebound for the third consecutive month with the unemployment rate holding steady at 4.3%. However, wage gains softened and likely failed to keep pace with rising prices, leaving many Americans frustrated despite a strong headline jobs number.
US stocks slumped broadly as strong May jobs data boosted expectations that the Federal Reserve will raise interest rates further. Big Tech led the decline, compounding fears over elevated valuations in the sector. The selloff erased gains from earlier in the week as Wall Street reassessed the rate outlook.