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On June 2nd, US cloud computing stocks rallied pre-market. NEBIUS surged over 6% after a 14% jump the prior day, hitting a record high. CoreWeave also gained over 4%, continuing the sector's strong momentum driven by robust infrastructure demand.
Read MoreBeijing's Economic-Technological Development Area held a forum on space computing, planning an innovation hub. It aims to tackle key technologies and build a complete industrial chain, supporting China's ambitions in aerospace and digital sovereignty.
Read MoreMicroStrategy CEO Michael Saylor urges shareholders to vote for the bi-monthly dividend proposal during the final voting week. He argues this upgrade will enhance strategic utility of core assets and asks shareholders to spread awareness for broader support.
Read MoreA Panama-flagged commercial cargo ship was struck by missiles near the port of Umm Qasr in southern Iraq. The incident, confirmed by shipping giant MSC, raises serious concerns over the security of vital waterways and global trade flows, highlighting escalating regional tensions.
Read MoreBlockchain monitoring reveals BlackRock deposited 900 Bitcoin and 17,511 Ethereum to Coinbase. This major transfer, valued near $100M, signals increased institutional activity in crypto markets, possibly linked to portfolio rebalancing or liquidity management.
Read MoreStrategy proposes doubling the dividend payout frequency for its STRC preferred stock from monthly to bi-monthly. This strategic move aims to enhance shareholder value by accelerating reinvestment cycles and boosting market efficiency, pending approval from both common and preferred stockholders.
Read MoreSenior Iranian military officials declare full readiness for potential conflicts, maintaining highest alert levels while emphasizing undisclosed military capabilities and refusal to yield to external pressure, amid rising regional tensions.
Read MoreChina's GDP during its 14th Five-Year Plan period grew steadily, with 2025 output nearing the combined total of the world's 3rd to 7th largest economies. With annual growth averaging 5.4%, it significantly outpaced global rates. Per capita income rose markedly, solidifying China's role as a key global growth stabilizer and contributor.
Read MoreAI data center firm Hyperscale disclosed holding 704 Bitcoin, valued at approximately $51.8 million, as of late May. This significant treasury allocation highlights growing corporate interest in cryptocurrency as a strategic asset, marking a notable convergence of traditional tech and digital finance.
Read MoreArm's CEO states that explosive AI demand is accelerating the company's in-house chip business. The $15 billion revenue target, initially set for the decade's end, is now likely to be achieved ahead of schedule, marking a pivotal shift in strategy with early backing from major tech firms.
Read MoreAlphabet launches an $80 billion equity financing, its largest ever. A prominent investment firm participates with a $10 billion private placement. Proceeds will fuel world-class AI infrastructure. This follows the firm's significant recent increase in Alphabet holdings, signaling strong conviction in Google's AI-driven growth.
Read MorePersistent conflicts in the Middle East may result in a staggering loss of over 2 billion barrels of oil from the Persian Gulf region by year's end, according to the Oxford Institute for Energy Studies. This substantial supply gap poses a significant threat to global energy market stability.
Read MoreSEC filings reveal Alphabet's plan to raise $15 billion through Class A and Class C stock offerings. The move signals strategic capital allocation for future growth initiatives, drawing significant investor attention.
Read MoreThe Shanghai Stock Exchange reported that over 2.76 million new A-share accounts were opened in May 2026. Year-to-date, new account openings have exceeded 17.29 million, indicating sustained investor interest in China's capital markets.
Read MoreBinance will upgrade its coin-margined contract position modes on June 15 to align with USD-margined contracts. This may trigger order cancellations and automatic position settlements. Users are advised to review and unify their settings across both markets beforehand to avoid unexpected risks.
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