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BlockBeats News, June 1st, according to Bitget market data, Qualcomm's pre-market price continues to fall, currently down by 9.67%; an exchange continues to rise, with a pre-market gain of over 11%. On the news front, a video clip of former President Trump praising an exchange CEO Arvind Krishna at a White House roundtable meeting in December last year has recently gone viral again. In the video, Trump mentioned that an exchange's stock price has risen from a low level to a good level and predicted it would "go up even more." On May 21st this year, an exchange received a $1 billion fund from the U.S. Department of Commerce under the CHIPS Act for a quantum chip factory. Boosted by this positive news, an exchange's stock price has risen for a week, nearing its historical high. It is worth noting that Trump not only verbally praised an exchange but also quietly bought a small amount of an exchange's stock. The recently disclosed U.S. Office of Government Ethics (OGE) Form 278-T financial disclosure document (First Quarter 2026 Transaction Report) shows that the Trump Trust bought a tranche of an exchange's stock on March 21st, albeit not a large amount, in the range of $15,001 - $50,000.

BlockBeats News, June 1st, According to CNBC, the AI-Driven Enterprise Institute (AIDE) released a new research report evaluating the level of artificial intelligence application in S&P 500 companies. The report is based on public data such as earnings call transcripts, job postings, patent filings, etc., and scores companies based on four dimensions: AI cognition, advocacy, strategic orientation, and practical implementation. The results show that Nvidia, Meta, Amazon, and energy services giant Schlumberger (now SLB) scored a perfect 100 points, tying for the highest level of AI application among enterprises. Walmart, AES, NextEra Energy, Alphabet, Microsoft, and other companies also ranked at the top. By industry, Alphabet ranked first in the communication services sector, Amazon ranked first in the consumer discretionary sector, Walmart ranked first in the consumer staples sector, SLB ranked first in the energy sector, Block ranked first in the financial sector, and Microsoft ranked first in the information technology sector. AIDE CEO Paul Cheek stated that the index aims to provide boards of directors and management with an objective reference to help assess their own AI strategies and the gap between peers, rather than measure AI's direct contribution to a company's financial return. The report also pointed out that current corporate boards and executives still have significant room for improvement in AI literacy. ---------------------------------Click the original article link below to join the BlockBeats · Feishu AI News Channel, monitoring global AI hot topics and news 24/7.

Crude Oil: Oscillating rebound. Over the weekend, relevant parties signaled easing geopolitical tensions. Prices of energy chemicals remain relatively high, but high basis in some products limits short-term declines. A short-term oscillating rebound is expected.Fuel Oil: Oscillating rebound. During the Middle East conflict, oil-producing countries cut production, and domestic high-sulfur fuel oil has a high dependence on imports. US-Iran negotiations are stalled, but may move towards easing in the future. The short-term situation remains uncertain, allowing for short-term bullish positions, but the upside is expected to be limited.Asphalt: Oscillating with a strong bias. Today, the price of Shandong 70# heavy traffic asphalt is 4,450 yuan/ton, up 80 compared to last period. Transactions of some high cost-performance resources are acceptable, and cross-regional movement has increased. In June, domestic local asphalt refineries’ total output is 625,000 tons, a decrease of 249,000 tons month-on-month, a drop of 28.5%. Inventory at 54 domestic asphalt sample plants is 856,000 tons, a decrease of 9.4% month-on-month and an increase of 1.2% year-on-year; inventory at 104 social storage locations is 1.381 million tons, down 11.1% month-on-month and down 26.3% year-on-year. In the short term, strong spot prices and continually declining inventories may make asphalt oscillate with a strong bias; in the medium term, pay attention to developments in US-Iran relations.Glass: Limited room for rebound. Enterprises in Northern China are performing well in terms of shipments, and buyers maintain procurement based on actual needs. Current industry daily output is 145,700 tons. Last week, upstream manufacturers' inventories increased by 368,000 heavy boxes, up 0.48% month-on-month and up 13.54% year-on-year. Low supply provides some price support, and energy price increases drive costs higher. Weak short-term rebound is expected, but medium-term supply and demand pressure persists, so there is caution regarding further upward movement.Soda Ash: Limited room for rebound. Today, the domestic soda ash market is stabilizing, with unremarkable trading. Maintenance units are gradually resuming, increasing supply. Downstream demand is average, procurement is slowing, and enterprise inventories are slightly increasing. Today’s soda ash capacity utilization rate is 74.41%, with total domestic inventory at 1.7046 million tons, up 7,600 tons from last Thursday, an increase of 0.45%. Considering persistently high coal costs and numerous soda ash maintenance enterprises, short-term prices may oscillate and rebound, but medium-term high supply and weak demand are unlikely to change, limiting upside.Caustic Soda: Short-term rebound. Over the weekend and early in the week, Shandong liquid caustic soda prices declined. Overall, liquid caustic soda prices remained stable, with minor declines in some areas due to slower shipments. Some previously maintained equipment is gradually resuming operation, and local production is increasing.Methanol: Oscillating rebound. Today’s spot price in Taicang is 3,140 yuan, up 55; Inner Mongolia northern line price is 2,725 yuan, up 50. On Monday, the domestic methanol market operated strongly, with futures rising in tandem with the commodity market. The coastal market’s trading focus increased due to low inventories and low imports, while the basis remained weakly stable. In the main inland production areas, loading queues continue, and the spot market remains tight overall. Last week's data shows port inventories decreased by 73,500 tons month-on-month (down 9.99%), producer inventories stood at 343,500 tons, down 20,700 tons from last period (down 5.68%). Recently, oil prices have rebounded and high basis has limited declines. Methanol may remain oscillating with a strong bias.