Iran Pauses Talks, US Bond Yields Drop, Traders Raise Rate Hike Bets

On June 1, per Bitget market data, HP’s stock price jumped to an eight-month high, up 8.3% to a market cap of $26.727 billion.

According to The Wall Street Journal (WSJ), OpenAI was sued by Florida’s Attorney General on June 1 over alleged damages caused by artificial intelligence. --- Click the original article link below to join BlockBeats’ Feishu AI News Channel, which monitors global AI trends and news 24/7.

On June 1st, on-chain trading platform Trade.xyz officially announced the launch of its IBM stock perpetual contract products. The offerings support trading with up to 10x leverage and provide round-the-clock (24/7) market access for all trading days. According to the platform, this product tracks the performance of International Business Machines Corporation (IBM)’s common stock price, allowing users to gain exposure to IBM’s share movements without purchasing the underlying physical shares. IBM is a global leader in enterprise technology, with business segments spanning hybrid cloud, artificial intelligence, enterprise consulting, infrastructure, and software solutions, serving both corporate and government clients worldwide.

June 1, cross-chain lending protocol Radiant Capital (RDNT) announced it’s initiating a "Project Sunset" procedure. The DAO explained that after 18 months of hard work following an October 2024 security breach, the project can’t move forward meaningfully anymore: there’s been no meaningful recovery of stolen funds, no additional capital secured, and operational funds have been completely depleted. The protocol won’t shut down right away—instead, it’s entering maintenance mode. The frontend interface will stay online, and on-chain smart contracts will remain accessible, so users can still withdraw assets, repay loans, and manage their positions as needed. All development work stops immediately: borrow caps are set to zero, RDNT token incentives are paused, and treasury funds will only cover essential operational costs. The team’s focus now is on user security, ongoing fund recovery efforts, and an orderly exit process. Crucially, halting operations doesn’t mean giving up on gettin

On June 1, a Fortune report finds that driven by Iran’s blockade of the Strait of Hormuz and escalating tensions around Middle East energy supplies, Gulf nations are ramping up overseas renewable energy projects to boost energy security and drive economic diversification. The International Energy Agency (IEA) notes that months of conflict in Iran have caused one of the largest global oil supply disruptions on record. Facing rising geopolitical risks, Gulf states like the UAE and Saudi Arabia are pouring more investment into overseas wind, solar, and energy storage projects. Recently, UAE-based renewable energy giant Masdar signed a $22 billion joint venture deal with France’s TotalEnergies to combine their onshore renewable energy operations across nine Asian countries. Separately, Abu Dhabi’s sovereign wealth fund Mubadala has taken stakes in U.S. energy management platform Power Factors and the U.K.’s Hornsea 3 offshore wind project. Data shows as of January this year, Masdar’s gl

According to Bitget market data, on June 1st, TSMC surged over 5% to hit another all-time high, and Nvidia’s intraday gain expanded to 5%.