Real-time News

June 1st - From May 25th to May 31st, the national railway transported 80.095 million tons of freight, a decrease of 0.84% compared to the previous period; 55.371 million freight vehicles passed through national expressways, an increase of 1.65% compared to the previous period; monitored ports handled 281.09 million tons of cargo, an increase of 8.03% compared to the previous period, and 6.982 million TEUs of containers, an increase of 10.04% compared to the previous period; civil aviation handled 110,000 flights (including 5,039 cargo flights, comprising 3,250 international cargo flights and 1,789 domestic cargo flights), a decrease of 1.46% compared to the previous period; postal and express delivery collection volume was approximately 4.39 billion pieces, an increase of 2.19% compared to the previous period; and delivery volume was approximately 4.391 billion pieces, an increase of 1.71% compared to the previous period.

June 1st Futures News: Economies.com analysts' latest view: Brent crude oil futures rose in recent intraday trading after holding firm on the key support level of $90, which had previously been considered a downside target. This support triggered a rebound, helping prices recover some of the early morning losses and easing oversold conditions on the Relative Strength Index (RSI). However, the overall technical picture remains weak. Prices continue to trade below the 50-day moving average, and the short-term corrective downtrend continues to exert downward pressure, limiting the strength of the current rebound.

June 1st, Futures News: Economies.com analysts' latest view: WTI crude oil futures prices rose in recent intraday trading, attempting to recover some of the recent losses. Crude oil prices had previously fallen to severely oversold levels, but the Relative Strength Index (RSI) has improved, sending a positive signal to the market and stimulating buying activity. Despite this improvement, the short-term technical outlook remains bearish. The strong downtrend continues to dominate price movements, and with prices below the 50-day moving average, downward pressure remains, limiting the possibility of a sustained rebound in the short term.

Barclays: Launches coverage research on IBM (IBM.N) with an overweight rating and a target price of $350.

Nvidia (NVDA.O): Manufacturers including Dell (DELL.N), HPE, Lenovo, and Supermicro (SMCI.O) are building standalone Vera CPU systems on a large scale.

Nvidia (NVDA.O): Anthropic, OpenAI, SpaceXAI, ByteDance, Coreweave (CRWV.O) and Oracle Cloud Infrastructure all plan to adopt Vera chips.

OpenAI, Anthropic, and SpaceX have become the first adopters of NVIDIA's (NVDA.O) Vera chip.

NVIDIA (NVDA.O): Vera systems will be available from system builders and cloud partners in the fall.

NVIDIA (NVDA.O): NVIDIA launches Vera – a CPU designed for the era of intelligent agents. Vera is 80% faster than x86 CPUs in completing agent-based tasks. Vera is designed to power the CPU-intensive work behind the scenes of modern AI factories, covering a wide range of scenarios from agent-based AI and reinforcement learning to data processing and task orchestration.

Nvidia (NVDA.O): Production and shipping of Vera Rubin will begin in the fall.

June 1 (Xinhua) -- Indian state-owned refineries have kept domestic aviation fuel prices unchanged after airlines requested a pause in price increases amid concerns about the impact of the war with Iran. A spokesperson for the refineries stated that domestic aviation fuel prices in Delhi will remain at 104,927 rupees per kiloliter (US$1,104.25) in June. In April, so-called aviation turbine fuel prices rose by 8.6%, prompting the government to request stability in May. The refineries are providing additional relief to Indian airlines by lowering international aviation fuel prices. India has announced several measures to mitigate the impact on the aviation industry, such as rebates on aircraft parking fees and reductions in fuel taxes for flights departing from its largest airports, Delhi and Mumbai. Airlines are also dealing with the weak rupee, which makes it more expensive for them to pay for aircraft leases and overseas airport fees in US dollars.

NVIDIA (NVDA.O): Vera Rubin provides AI labs, cloud service providers, and hyperscale enterprises with a POD-level platform for intelligent workloads, featuring large-scale end-to-end security.

NVIDIA (NVDA.O) Vera BlueField-4 STX delivers agent-based AI storage processing capabilities with chip-level security.

Jike delivered 34,377 vehicles in May, an increase of 81.8% year-on-year.

NVIDIA (NVDA.O) CEO Jensen Huang: The era of intelligent agents and practical artificial intelligence has arrived.