News

US financial media Semafor: Union Pacific executives privately denied negotiating with Trump for a 15% stake.

Australian Bureau of Agricultural Resources Economics and Science: Cotton production is expected to be 1 million tons in 2025/26, a 16% decrease from 2024/25. Barley production in 2026/27 is expected to reach 14.1 million tons, a 15% decrease from 2025/26. Rapeseed production in 2026/27 is expected to reach 6.2 million tons, a 20% decrease from 2025/26. Wheat production in 2026/27 is expected to be 26.7 million tons, a 26% decrease from 2025/26.

US President Trump: I spoke with Netanyahu today and asked him not to launch a large-scale raid on Beirut, the capital of Lebanon. He immediately ordered the troops to withdraw. Thank you, Netanyahu! I also spoke with representatives of Hezbollah leaders, who agreed to stop firing on Israel and its soldiers. Likewise, Israel agreed to stop firing on them. Let’s wait and see how long this ceasefire lasts, may it last forever!

According to ABC News: U.S. President Trump said he believes he will reach a deal with Iran "within the next week" to extend the ceasefire and reopen the Strait of Hormuz.

Amazon (AMZN.O): OpenAI’s GPT-5.5, GPT-5.4 and Codex are now available on Amazon Bedrock.

A U.S. judge blocks the Trump administration’s plan to close a climate research center.

Alphabet (GOOG.O) says AI demand has exceeded its current supply capacity; it is facing strong enterprise and consumer demand for AI solutions.

Alphabet (GOOG.O): Demand for AI has exceeded the company’s existing supply capabilities. The company is facing strong demand for artificial intelligence solutions from businesses and consumers.

Russian oil company Rosneft: First-quarter revenue was 2.032 trillion rubles, an increase of 4.3% from the previous quarter. Net profit in the first quarter of 2026 will increase seven times compared with the fourth quarter of 2025, reaching 115 billion rubles.

Russian oil company Rosneft: Oil and gas condensate production in the first quarter was 3.74 million barrels per day, a decrease of 0.4% from the previous quarter.

According to Saudi Arabia's Al Arabiya TV: Sources revealed that a fire broke out on the US ship "Sarisski" after encountering a second attack near the coast of Iraq.

The EU is ready to give countries budget flexibility to ease energy cost pressures.

Google (GOOG.O) U.S. stocks fell 1.7% after hours.

Alphabet (GOOG.O) raises funds to expand AI infrastructure and computing power.

Market sources say Alphabet (GOOG.O) plans an $80 billion equity financing, with Berkshire Hathaway committing $10 billion.

Market news: Alphabet (GOOG.O)t plans to raise US$80 billion in equity financing, and Berkshire Hathaway will invest US$10 billion in Alphabet.

According to Al Jazeera: The United States has informed Qatar that Israel’s previously threatened attack on Beirut’s southern suburbs has been called off following Trump’s phone call with Netanyahu.

According to US financial media Semafor: Luma AI is preparing to build a robotics laboratory that will allow anyone to use its software to train robots.

The Dow Jones Index closed up 46.48 points, or 0.09%, at 51,078.94 points on June 1 (Monday);The S&P 500 Index closed up 19.96 points on June 1 (Monday) points, an increase of 0.26%, to 7600.02 points;The Nasdaq Composite Index closed up 114.19 points, or 0.42%, to 27086.81 points on June 1 (Monday).

Market news: The European Council and the European Parliament have agreed on a regulation that will help speed up and more efficiently implement the repatriation process for people staying in member states.