Overnight news summary for June 6th

date
06/06/2026
1. Trump said he wants to see interest rates lowered, but the decision on interest rates will be made by Federal Reserve Chairman Powell. 2. US President Donald Trump has shown interest in the government holding shares of leading artificial intelligence companies, saying he plans to discuss partnership ideas with AI company executives as early as next week. 3. Local time on the 5th, Russian President Putin said that the premise of his meeting with Zelensky is that a solution to the conflict must be found first. Putin said that Russia needs a long-term agreement, not just a short-term pause in conflict. 4. Local time on the 5th, the Palestinian Islamic Resistance Movement issued a statement stating that a Hamas delegation led by senior official Khalil al-Haya arrived in the Egyptian capital, Cairo that evening, and is expected to hold a new round of negotiations with Egyptian officials and mediators starting from the 6th. 5. The Philadelphia Semiconductor Index fell more than 10%, marking the largest single-day decline since March 2020. Nvidia fell over 6%, Micron Technology fell over 13%, and AMD fell nearly 11%. 6. SpaceX signed a $30 billion computing power service agreement with Google, running from October of this year to June 2029, with a monthly fee of $920 million. The computing power provided includes around 110,000 Nvidia GPUs, CPUs, memory, and other related components. 7. S&P Dow Jones Indices announced on Friday that Applied Materials and Lam Research will be included in the S&P 500 index in the latest quarterly rebalancing. 8. On Friday, the price of Bitcoin continued to decline, falling below the key psychological threshold of $60,000 for the first time since October 2024. Bitcoin's weekly cumulative decline has exceeded 16%. 9. An Iranian senior official said on Friday that a potential peace agreement between the US and Iran depends on whether the Trump administration agrees to unfreeze $240 billion of Iranian assets, and warned that if the US restarts military action, it will "enter a dark path".