MeNews

U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

Ryan Rugg, Global Head of Digital Assets at Citi’s Treasury and Trade Solutions, said that the potential of tokenized funds will be difficult to realize if they are limited to a single bank’s system and cannot interoperate across institutions. Large enterprises have hundreds to thousands of accounts worldwide and need a seamless, real-time payment system that works across banks and networks—not a “Citi token.” The future of tokenized finance lies in industry-wide shared infrastructure and a clear regulatory framework, rather than isolated bank platforms.

Trump withdraws the plan to escort merchant ships through the Strait of Hormuz, easing U.S.-Iran tensions and sending gold prices higher. Concerns about an escalation of the conflict are boosting safe-haven demand; however, a prolonged ceasefire would reduce inflation and curb Federal Reserve rate hikes, creating a two-way impact on gold prices. Going forward, the focus will shift to the interest-rate outlook, while Treasury issuance and key economic data will influence market expectations for Federal Reserve policy.

According to ME News, on May 6 (UTC+8), LatePost exclusively learned that Kimi (Moonshot AI) is about to complete a new round of $2 billion in financing, bringing its post-money valuation to over $20 billion. The round is led by Meituan Longzhu, with China Mobile, CPE (CITIC Private Equity) and others participating. Longzhu alone invested more than $200 million.
In January and February this year, Kimi completed three rounds of financing in quick succession, raising $500 million, $700 million and $700 million, respectively. Including this latest financing, Kimi has raised more than $3.9 billion in less than six months, and its latest valuation has increased more than fourfold from approximately $4.3 billion in November last year.
Kimi’s cumulative financing has now exceeded RMB 37.6 billion, making it the startup developing a large language model that has raised the most cumulative financing. Including

ME News, May 6 (UTC+8) — Brazilian-listed company OranjeBTC (OBTC3) voted in favor of Strategy’s proposal to adjust STRC dividends to be paid twice a month. OranjeBTC stated that it believes the adjustment could reduce volatility, deepen liquidity, and drive stronger demand. (Source: ODAILY)

ME News, May 6 (UTC+8), according to Coinbob’s popular address monitoring, AMD’s earnings report came in above expectations, sending its stock up 16% during after-hours and overnight trading. yixie (X: yixie10), the biggest beneficiary of this market move on Hyperliquid, has earned over $1.5 million in unrealized profit in just 7 hours since opening the position.
The trader opened the position in advance at 11:00 p.m. last night, going 2x leveraged long on 25,973 shares of AMD, with a position size of $10.7 million. The trader is currently the largest holder of an AMD long position on the platform and has not yet taken profit.

ME News reported on May 6 that spot gold rebounded after falling to $4,500 on May 4, rising another 2.3% this morning. Gold on Hyperliquid is approximately $4,651, having tested this level three times in the past seven days. Well-known short seller Abraxas Capital has turned from profit to loss during this rally. Its 5x leveraged short position has an average entry price of $4,650 and is worth approximately $22 million, making it currently the largest on-chain gold short position. Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.

AIMPACT News, May 6 (UTC+8), 2026, Perplexity released the “Perplexity Computer for Professional Finance” version specifically designed for financial analysts. The platform allows companies to access data from Morningstar, PitchBook, Daloopa, and Carbon Arc

ME News, May 6 (UTC+8) — An amendment to South Korea’s Foreign Exchange Transactions Act has passed the full meeting of the National Assembly Legislation and Judiciary Committee. The amendment expands the scope of foreign exchange transaction regulation to include virtual asset service providers, including cryptocurrency exchanges. The committee passed the bill at today’s full meeting and adopted the revisions proposed by its expert committee member. The bill has now been submitted to the National Assembly plenary session for a final vote, which could take place as early as May 7. (Source: PANews)

On May 6, ME News reported that Taurus had obtained a MiFID II investment license in Cyprus, issued by the Cyprus Securities and Exchange Commission. The license enables it to provide MiFID-regulated investment services for tokenized financial instruments to banks and asset management companies across the European Union, and supports secondary-market trading of tokenized bonds, fund units, stocks, and structured products.

ME News reported that on May 6, the national average retail price of regular gasoline in the United States rose to $4.54 per gallon, surpassing $4.50 for the first time. It was only about $0.50 below the June 2022 peak of $5.01, marking a record high for the same period in previous years. Trump said oil prices would fall after the war ends, but if prices remain high, risks for the Republican Party in the November elections will increase. National gasoline inventories fell to their lowest level for the same period since 2014, and Morgan Stanley expects inventories to tighten further over the summer.

ME News, May 6 (UTC+8) — According to Jinshi Data on May 6, the three major A-share indexes opened higher and continued to climb, advancing across the board. The STAR Market 50 Index rose more than 9% at one point in the morning, approaching its historical high, while the ChiNext Index surged on heavy volume to reach a new high in nearly 11 years. At the close, the Shanghai Composite Index rose 1.17%, the Shenzhen Component Index rose 2.33%, the ChiNext Index rose 2.75%, and the STAR Market 50 Index rose 5.47%. Turnover on the Shanghai and Shenzhen stock exchanges totaled 3.23 trillion yuan, an increase of 485.9 billion yuan from the previous trading day. On the market, hot sectors rotated rapidly, with more than 3,800 stocks advancing across the two exchanges and more than 100 stocks hitting their daily price limits. Memory chip stocks continued to surge, with more than 10 stocks, including Longsys, GigaDevice, and TONGFU MICROELECTRONICS, hitting their daily price limits. In the afternoon, stocks related to the PET copper foil concept rose sharply. Defu Technology hit its 20% daily price limit and continued to reach new highs, while Tongguan Copper Foil and Wanbangde followed higher. Montage Technology also hit its 20% daily price limit at one point, reaching a new high. In the afternoon, international gold prices rebounded,

The Sarawak AI Research Center and Manchester have signed a memorandum of understanding on cooperation to develop green sovereign AI, naming privacy-focused AI company FLock.io as the sole technology partner. The partnership will support training and optimizing models where the data resides, reducing the need to centrally upload or transfer sensitive data across borders. FLock.io previously deployed localized distributed AI infrastructure in Kuching and will hold roundtable discussions in Cambridge and Oxford on AI policy, governance, security, and other topics in the future.

ME News, May 6 (UTC+8) — According to CoinMarketCap market data, SOL is currently priced at $88.13, up 3.1% over the past 24 hours. (Source: CoinMarketCap)

ME News reported on May 6 (UTC+8) that on-chain derivatives protocol Lighter announced an expanded partnership with Circle, designating USDC as the default and preferred stablecoin across all Lighter products. Under the partnership, USDC will be used for spot and perpetual contract trading, settlement, clearing, and user onboarding on the Lighter platform. (Source: Foresight News)

ME News reported on May 6 that AMD released better-than-expected earnings, sending its stock up approximately 16% in after-hours and overnight trading. The biggest beneficiary on Hyperliquid this round is trader yixie, with unrealized profits of over $1.5 million in 7 hours. At 23:00 last night, he opened a 2x leveraged long position on 25,973 AMD shares, with a trading size of approximately $10.7 million. He is now the platform’s largest long-position holder and has not yet taken profits. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b (Source: BlockBeats)

Trump withdraws plans to escort merchant ships through the Strait of Hormuz, easing U.S.-Iran tensions and pushing gold prices higher. Concerns about an escalation in the conflict are increasing demand for safe-haven assets; however, a prolonged ceasefire would lower inflation and reduce pressure on the Federal Reserve to raise interest rates, creating a two-sided impact on gold prices. Going forward, the focus will shift to the interest rate outlook, with Treasury issuance and key economic data influencing market expectations for Fed policy.

ME News, May 6 (UTC+8) — South Korea’s amendment to the Foreign Exchange Transactions Act has passed the full meeting of the National Assembly’s Legislation and Judiciary Committee. The amendment will expand the scope of foreign exchange transaction regulations to include virtual asset service providers, including cryptocurrency exchanges. The committee passed the bill at today’s full meeting and adopted the revisions proposed by its expert members. The bill has now been submitted to the National Assembly’s plenary session for a final vote, which could take place as early as May 7. (Source: PANews)

Ryan Rugg, Global Head of Digital Assets for Citi’s Treasury and Trade Solutions, said that tokenized money cannot reach its full potential if it is limited to a single bank’s system and lacks interoperability across institutions. Large enterprises have hundreds to thousands of accounts worldwide and need a seamless, real-time payment system that works across banks and networks—not a “Citi token.” The future of tokenized finance lies in industry-wide shared infrastructure and a clear regulatory framework, rather than isolated banking platforms.

ME News reports that on May 6, the national average retail price of regular gasoline in the United States rose to $4.54 per gallon, surpassing $4.50 for the first time. It is now only about $0.50 below the June 2022 high of $5.01, marking a new record for this time of year. Trump said oil prices will fall after the war ends, but if prices remain high, Republican election risks in November will increase. National gasoline inventories have fallen to their lowest level for this time of year since 2014, and Morgan Stanley expects inventories to tighten further this summer.

AIMPACT News, May 6 (UTC+8), 2026, Perplexity released the "Perplexity Computer for Professional Finance" version designed specifically for financial analysts. The platform allows companies to access data from Morningstar, PitchBook, Daloopa, and Carbon Arc