Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

June 2nd — U.S. President Donald Trump is making a push to get U.S.-Iran negotiations back on track. But his efforts hit a snag after a tense argument with Israeli Prime Minister Benjamin Netanyahu over Israel’s stepped-up military actions in Lebanon. Iran announced Monday it’s temporarily pausing talks with the U.S. amid the ongoing conflict in Lebanon. Trump later took to Truth Social, writing that he had asked Netanyahu “not to launch a large-scale attack on Beirut, Lebanon.” He added he’d spoken with a Lebanese Hezbollah representative, who agreed to stop firing at Israel and its troops — and Israel also committed to a ceasefire. In comments to ABC, Trump says he believes he’ll lock in an agreement with Iran to extend the ceasefire and reopen the Strait of Hormuz within the “next week.” He noted there was a “slight hitch” on Monday because Iran was frustrated by Israel’s attack on Lebanon, and he’s since reached out separately to Hezbollah and Netanyahu to push both sides to

Monday, June 2nd, per Bitget data, U.S. stock markets closed out the trading session with all three major benchmarks hitting fresh record highs. The Dow Jones Industrial Average edged up 0.09%, the S&P 500 gained 0.26%, and the Nasdaq Composite climbed 0.4% to their respective new peaks. For individual stocks, Nvidia (NVDA) surged 6.26%, Oracle (ORCL) jumped nearly 10%, Qualcomm (QCOM) slid almost 9%, and Tesla (TSLA) dropped by 4.5%.

June 2 – According to ABC News, U.S. President Donald Trump stated Tuesday that he is confident he will finalize an agreement with Iran within the coming week to extend the ceasefire and reopen the Strait of Hormuz. “Progress is going very well,” Trump remarked. “There was a minor incident today, but I moved quickly to resolve it.” Trump explained the incident stemmed from Iran’s dissatisfaction with Israel’s attack on Lebanon. “I spoke to Hezbollah and told them not to fire; then I contacted Netanyahu and delivered the same message. As a result, both sides stopped shooting,” he said. Additionally, Trump noted that a peace agreement with Iran could be “even better than achieving a military victory.” When asked about the timeline for finalizing and approving the memorandum of understanding (MOU) to reopen the strategic waterway, Trump added, “I think this will likely be accomplished within the coming week.” He also revealed he has not yet formally signed the deal, noting “a few key de

On June 2, data from Coinglass shows the entire crypto network recorded $640 million in liquidations over the past 24 hours. Breakdowns reveal $483 million in long-position liquidations and $157 million in short-position liquidations. A total of 156,147 people worldwide were liquidated during this timeframe. The largest single liquidation event took place on Binance against a USDT trading pair, totaling $6.2878 million.

June 2 — Salesforce’s stake in Anthropic is now valued at roughly $5 billion, following multiple investments in the AI firm. Per sources familiar with the matter, the enterprise software giant first put $50 million into Anthropic’s early 2023 funding round and has continued co-investing in subsequent rounds. That backlog of bets has helped Anthropic emerge as one of the world’s fastest-growing, most prominent tech companies. Another major beneficiary of an early Anthropic investment is Zoom Communications: the video conferencing firm netted over $1 billion in profit from its stake in Anthropic’s Series C funding round earlier this year.

June 2 — According to Israeli sources, Lebanon’s President’s Office has announced that Lebanese authorities have received Hezbollah’s affirmative reply to the U.S.’ mutual ceasefire proposal. Citing the Lebanese Embassy in the U.S., the Lebanese Presidency stated that Hezbollah has agreed to the U.S. proposal for a mutual cessation of hostilities, which will extend to all of Lebanon.