Market news
Crypto, stocks, forex and macro, aggregated for traders.
Florida Sues OpenAI, Sam Altman Over Alleged Deceptive Promotion of ChatGPT to Teens
Florida's attorney general has filed a lawsuit against OpenAI and CEO Sam Altman, accusing them of aggressively marketing ChatGPT to minors while concealing risks such as providing suicidal guidance and aiding crime planning.
Rubio: US Taiwan Policy Unchanged; $14B Arms Transfer Still Considered
US Secretary of State Rubio stated that American policy toward Taiwan remains unchanged during Trump's trip to China, and that a $14 billion arms transfer to Taiwan is still under consideration. Separately, Taipei Times reports Taiwan will purchase $280 million in weapons from the US in 2026.
Russia registers first Atom electric cars as underground parking ban begins
Russian electric car brand Atom saw its first vehicles registered in May, according to Autostat. Separately, a ban on electric vehicles entering underground parking lots in residential complexes and hypermarkets took effect June 1, per Gazeta.
Rubio: Iran Deal Could Be Imminent; Iranian Official Warns War ‘Inevitable’
U.S. Senator Marco Rubio suggested a nuclear deal with Iran could be reached within days, while a high-ranking Iranian military official told CBS that renewed war with the U.S. appears unavoidable.
Iran Signals Nuclear Talks Flexibility, Then Denies Negotiations
US Secretary of State Rubio suggests Iran may discuss previously refused nuclear program elements, while Iran's state news agency TASNIM insists no talks with the US are taking place.
US Diesel Inventories at Risk of Critical Level by August, Goldman Warns
Goldman Sachs warns that US diesel inventories may drop to critically low levels by August if the situation in the Strait of Hormuz does not improve. Current stocks are at their lowest since 2003.
Russia's Housing Project Finance Portfolio Rises 1% in Q1 2026 to 10.3 Trln Rubles
The portfolio of project financing for housing construction in Russia grew by 1% in the first quarter of 2026 to 10.3 trillion rubles, according to the central bank. Growth rates have been low for the past two quarters.
Israel and Lebanon Trade Strikes Despite Trump Ceasefire Call
Both Lebanon and Israel report mutual attacks despite President Trump's declared ceasefire, raising doubts about the truce's effectiveness.
Israel Accuses Hezbollah of Violating Ceasefire with Attacks
Israel's Foreign Ministry reports that Hezbollah continues to violate the ceasefire agreement by launching rocket and drone attacks from Lebanon into Israeli territory.
IEA: Oil Stock Draws to Persist if Hormuz Stays Blocked
The International Energy Agency warns that if the Strait of Hormuz remains closed, global oil inventories will keep falling through the end of summer. While American supply has outperformed, it can only partly offset Middle East losses, and high prices are starting to dent fuel demand.
US Startup Atana Elements to Explore for Lithium Under VW, BMW Battery Plants
American startup Atana Elements has secured exploration licenses for 1.5 million acres in Germany and Poland, with plans to mine lithium directly beneath battery plants owned by Volkswagen and BMW.
Lab-Grown Diamonds Benefit from China's AI Chip Boom, Bloomberg Reports
Surging demand for lab-grown diamonds in China is tied to their use as a key component in advanced semiconductor manufacturing, with the AI boom acting as a catalyst, according to Bloomberg.
US Senate to Resume CLARITY Act Talks on June 3
The U.S. Senate will restart negotiations on the CLARITY Act on June 3, aiming to pass a comprehensive crypto regulatory package by August 2026.
US Data Center Construction Spending Exceeds $50B Annually
Annual spending on data center construction in the US has surpassed $50 billion, a figure now comparable to federal expenditures on transportation infrastructure, according to Bloomberg.
Nvidia increasingly seen as critical US digital economy infrastructure – analysts
Analysts cited by Bloomberg say Nvidia is now perceived not just as a growth stock or chipmaker, but as a vital infrastructure pillar of the U.S. digital economy.
Russia to Boost Gold Output to 480-500 Tons in 2026
Russia's Natural Resources Minister Alexander Kozlov said gold production will rise to 480-500 tons in 2026, with silver output reaching 2,800-3,000 tons.
EU Unlikely to Impose Full Russian Oil Ban in 21st Sanctions Package – Politico
The European Union is not expected to include a complete ban on Russian oil or restrictions on maritime services in its upcoming 21st sanctions package, according to Politico citing EU diplomats. Instead, the bloc intends to freeze the existing oil price cap.
Number of banks in Russia may fall below 300 by year-end, says Expert RA
The head of rating agency Expert RA said the number of banks in Russia could drop below 300 by the end of the year, adding that a reduction of 5-10 institutions annually is acceptable.
UAC Head: Russian Aircraft Could Dominate Domestic Fleet, Output Surges
The head of Russia's United Aircraft Corporation (UAC) stated that Russian-made planes could account for up to 100% of the country's air fleet, with a realistic target of producing about 500 aircraft over 10–12 years. He also noted a 4-5 fold increase in combat aircraft output since 2022 and progress on several key programs.
PBOC Cuts Daily Cash Operations to Record Low to Curb Bond Rally
China's central bank reduced its daily open market operations to an all-time low, stepping up efforts to drain excess liquidity and rein in a surge in government bond prices and falling yields.
Today's Key Events: Eurozone CPI, US JOLTS, BoE Speech, API
A look at today's economic calendar including Eurozone preliminary CPI, US JOLTS job openings, a Bank of England Governor speech, API oil inventories, and earnings reports from Dollar General, Victoria's Secret, Palo Alto Networks, and Ulta Beauty.
Ebola Outbreak in Congo Becomes Third Largest in History
A rare strain of Ebola virus in the Democratic Republic of Congo has rapidly escalated to become the third largest outbreak on record, according to the Wall Street Journal.
Hezbollah Accepts US Ceasefire with Israel, Iran Warns of Escalation
Lebanon says Hezbollah accepted a US proposal for a mutual ceasefire with Israel, halting strikes on Beirut's southern suburb and attacks on Israel. Iran warns that US-backed Israeli actions in Lebanon and Gaza will strengthen the Axis of Resistance, potentially activating other fronts and disrupting key shipping straits.
Zelensky Orders Swift End to War; US Delegation to Visit Kyiv and Moscow
Ukrainian President Zelensky has instructed officials to end the war as quickly as possible, ideally before winter. A US negotiating delegation is expected to visit both Kyiv and Moscow soon, while Ukraine insists it will not cede the Donbas region.