1) Declaration of Suspension of Iran Negotiations
Iran’s Tasnim news agency reported that negotiators will stop “negotiating and exchanging documents through arbitration” with the U.S. “Israel’s expansion into Lebanon and the blockade of Iranian ports are clear evidence that the U.S. is not complying with the ceasefire,” Mohammad Bagher Galibaf, Iran’s parliamentary speaker and negotiator, said. CIBC Private Wells pointed out that concerns over oil supply shortages could be significantly reevaluated if even Babel Mandev, which connects the Red Sea and the Gulf of Aden, is at risk

2) Trump “Agrees to Cease-fire in Lebanon”
Amid growing concerns that the U.S.-Iran negotiations could falter due to the recent escalation of clashes in Lebanon, President Trump said, “There will be no troops heading to Beirut, and the troops on the move have already been withdrawn.” “We had a very good call with Hezbollah and agreed to stop all attacks,” he said. “Israel will not attack Hezbollah and Hezbollah will not attack Israel.”

3) Russia’s fiscal authorities “unaffordable war spending”
Senior officials from Russia’s fiscal and monetary authorities are said to have demanded a cut in defense spending, warning Putin that the cost of the war in Ukraine has reached an unaffordable level. The Ministry of Finance and the central bank are concerned that if the current level of defense spending continues, the fiscal deficit could expand to a dangerous level. On the other hand, the Ministry of Defense and some Kremlin officials say that military spending should not be reduced to achieve President Putin’s war goals

4) Hedge funds expand net buying of U.S. stocks
Hedge funds bought U.S. stocks last week at the fastest net pace in six months as a rally in the U.S. stock market continued on the back of an artificial intelligence investment boom and better-than-expected corporate earnings. Hedge funds bought a large number of U.S. stocks last week as the S&P 500 index continued its historic streak of gains, according to Goldman Sachs’ Prime Brokerage Desk. The change in position is seen as a departure from the more defensive investment stance seen until mid-May

5) Antropics Submits IPO Non-Disclosure Application
Artificial Intelligence (AI) startup Antropics Submits Private Preliminary Review Documents For Initial Public Offering (IPO). “Claude” developer Antropics said it submitted a draft application for a private listing for the IPO, explaining that “the number of shares in the offering and the price of the offering have not yet been determined.” Antropics is seeking to go public this fall to enter the stock market before its rival OpenAI. Antropics has recently been recognized for its enterprise value of $965 billion by attracting an investment worth $65 billion
(자료: Bloomberg News)