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📢 Gate Square Daily | May 29
1️⃣ Geopolitics: Vice President Vance says that an agreement between the US and Iran has not yet been reached but is close; reports indicate the draft Memorandum includes "unrestricted passage" through the Strait of Hormuz and requires Iran to clear all mines within 30 days.
2️⃣ Market Update: BTC is trading at $73,485, down 1.2% over 24 hours, based on the top 10 largest global assets by market capitalization.
3️⃣ Macroeconomic Update: US PCE inflation for April rose to 3.8%, a three-year high, as consumer savings rates fell below the safe threshold — further reducing expectations of rate cuts.
4️⃣ AI News: Anthropic's valuation exceeds OpenAI, with the company announcing that within a few weeks, Mythos-level models will be available to all clients.
5️⃣ Tech News: Dell reports first-quarter AI server revenue of $16.1 billion, up 757% year-over-year, with AI orders totaling $24.4 billion — stocks rose 30% after market close.