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On June 4, Pinterest announced an expansion of its partnership with Amazon AWS, including a planned $4 billion cloud services commitment effective until 2031. This agreement marks Pinterest's largest infrastructure commitment in its history and is expected to accelerate the company's AI development roadmap, provide a more responsive search and shopping experience, and further modernize the infrastructure supporting Pinterest's global visual search discovery platform.

[Pinterest Enters $4 Billion Cloud Services Agreement with Amazon AWS]On June 4, Pinterest announced an expansion of its partnership with Amazon AWS, including a planned $4 billion cloud services commitment effective until 2031. This agreement marks Pinterest's largest infrastructure commitment in its history and is expected to accelerate the company's AI development roadmap, provide a more responsive search and shopping experience, and further modernize the infrastructure supporting Pinterest's global visual search discovery platform.

Pinterest Enters $4 Billion Cloud Services Agreement with Amazon AWS

On June 4, HashKey MENA FZE, a virtual asset trading platform authorized by the Dubai Virtual Assets Regulatory Authority (VARA), is leading a milestone initiative to explore the use of compliant stablecoins to empower cross-border commercial settlements between the Middle East and Africa. To address the inefficiencies of traditional finance, HashKey MENA has signed a corridor pilot agreement with the Aptos Foundation to advance a business-to-business (B2B) stablecoin payment pilot program. This pilot collaborates with the pan-African stablecoin payment platform Daya, allowing businesses to explore regional trade settlements on the Aptos Layer 1 blockchain. Specifically, it will open fiat on- and off-ramps for the Nigerian Naira and other African currencies, alongside traditional SWIFT and bank wire functionalities, local currency virtual accounts, and integrated payment APIs for enterprises and fintech. As a leading over-the-counter (OTC) service provider in the Middle East, HashKey MENA offers compliant UAE Dirham (AED)/US Dollar (USD) and multi-currency stablecoin fiat deposit and withdrawal channels through a first-party transfer model, facilitating seamless conversion between local fiat currencies and digital assets for businesses in the region. This initiative challenges the existing operational models of traditional remittance and foreign exchange channels, which often suffer from high fees, exchange losses, and time-consuming settlement processes. Through regulated stablecoin pathways, HashKey MENA aims to develop faster and more cost-competitive settlement solutions while maintaining strict compliance standards. The pilot project is built on comprehensive ongoing due diligence and is constructed within VARA's rigorous licensing framework, meeting its broader regulatory requirements. This reinforces HashKey MENA's position as a crucial institutional hub linking the UAE with emerging economies in Africa, indicating that mature and compliant digital asset infrastructure can bridge the highly diverse regulatory environment.

[HashKey MENA Partners with Aptos and Daya to Establish a Compliant Stablecoin Payment Corridor between the Middle East and Africa]On June 4, HashKey MENA FZE, a virtual asset trading platform authorized by the Dubai Virtual Assets Regulatory Authority (VARA), is leading a milestone initiative to explore the use of compliant stablecoins to empower cross-border commercial settlements between the Middle East and Africa. To address the inefficiencies of traditional finance, HashKey MENA has signed a corridor pilot agreement with the Aptos Foundation to advance a business-to-business (B2B) stablecoin payment pilot program. This pilot collaborates with the pan-African stablecoin payment platform Daya, allowing businesses to explore regional trade settlements on the Aptos Layer 1 blockchain. Specifically, it will open fiat on- and off-ramps for the Nigerian Naira and other African currencies, alongside traditional SWIFT and bank wire functionalities, local currency virtual accounts, and integrated payment APIs for enterprises and fintech. As a leading over-the-counter (OTC) service provider in the Middle East, HashKey MENA offers compliant UAE Dirham (AED)/US Dollar (USD) and multi-currency stablecoin fiat deposit and withdrawal channels through a first-party transfer model, facilitating seamless conversion between local fiat currencies and digital assets for businesses in the region. This initiative challenges the existing operational models of traditional remittance and foreign exchange channels, which often suffer from high fees, exchange losses, and time-consuming settlement processes. Through regulated stablecoin pathways, HashKey MENA aims to develop faster and more cost-competitive settlement solutions while maintaining strict compliance standards. The pilot project is built on comprehensive ongoing due diligence and is constructed within VARA's rigorous licensing framework, meeting its broader regulatory requirements. This reinforces HashKey MENA's position as a crucial institutional hub linking the UAE with emerging economies in Africa, indicating that mature and compliant digital asset infrastructure can bridge the highly diverse regulatory environment.

HashKey MENA Partners with Aptos and Daya to Establish a Compliant Stablecoin Payment Corridor between the Middle East and Africa

On June 4, Tech Funding News reported that Impulse Space, a space infrastructure company founded by SpaceX's first employee Tom Mueller, has completed a $500 million Series D funding round. This round was co-led by 137 Ventures and BANNER VC, bringing the company's post-money valuation to $4.26 billion. To date, Impulse Space has raised over $1 billion in total funding. Established in 2021, the company primarily addresses maneuverability issues for spacecraft after launch. It develops chemical propulsion spacecraft designed for rapid trajectory changes, orbital transfers, and in-orbit maneuvers. Its Mira precision maneuvering vehicle has completed multiple missions, while the Helios high-energy upper stage is set for its first flight in 2027, aiming to quickly deliver payloads to GEO, the Moon, and heliocentric orbits. Tom Mueller, who was SpaceX's first employee and led the development of the Merlin engine used in Falcon 9 and the Raptor engine used in Starship, stated that Impulse Space is not just building spacecraft but is constructing the economic and technological engine that propels humanity into space.

[Impulse Space, Founded by SpaceX's First Employee, Completes $500 Million Series D Funding Round Valued at $4.26 Billion]On June 4, Tech Funding News reported that Impulse Space, a space infrastructure company founded by SpaceX's first employee Tom Mueller, has completed a $500 million Series D funding round. This round was co-led by 137 Ventures and BANNER VC, bringing the company's post-money valuation to $4.26 billion. To date, Impulse Space has raised over $1 billion in total funding. Established in 2021, the company primarily addresses maneuverability issues for spacecraft after launch. It develops chemical propulsion spacecraft designed for rapid trajectory changes, orbital transfers, and in-orbit maneuvers. Its Mira precision maneuvering vehicle has completed multiple missions, while the Helios high-energy upper stage is set for its first flight in 2027, aiming to quickly deliver payloads to GEO, the Moon, and heliocentric orbits. Tom Mueller, who was SpaceX's first employee and led the development of the Merlin engine used in Falcon 9 and the Raptor engine used in Starship, stated that Impulse Space is not just building spacecraft but is constructing the economic and technological engine that propels humanity into space.

Impulse Space, Founded by SpaceX's First Employee, Completes $500 Million Series D Funding Round Valued at $4.26 Billion

On June 4, Blackstone Group (BX.N) implemented restrictions on redemption requests for its flagship private credit fund after investors sought to redeem 10% of their shares. This marks the fund's first limitation on redemption applications, making it the latest fund to tighten redemption limits amid a wave of investor withdrawals. According to documents submitted on Thursday, the $79 billion Blackstone private credit fund has informed shareholders that it will only fulfill 5% of redemption requests. In the previous quarter, the fund allowed investors to redeem a record 7.9% of shares, aided by executives using their own funds to assist with financing. Jim Zelter, Co-President of Apollo Global Management, stated that following the previous redemption restrictions, investors are intensifying their efforts to reclaim funds, suggesting that there may be more 'turmoil' in the non-traded BDC (business development company) sector.

[Blackstone's Flagship Private Credit Fund Limits Investor Redemptions for the First Time]On June 4, Blackstone Group (BX.N) implemented restrictions on redemption requests for its flagship private credit fund after investors sought to redeem 10% of their shares. This marks the fund's first limitation on redemption applications, making it the latest fund to tighten redemption limits amid a wave of investor withdrawals. According to documents submitted on Thursday, the $79 billion Blackstone private credit fund has informed shareholders that it will only fulfill 5% of redemption requests. In the previous quarter, the fund allowed investors to redeem a record 7.9% of shares, aided by executives using their own funds to assist with financing. Jim Zelter, Co-President of Apollo Global Management, stated that following the previous redemption restrictions, investors are intensifying their efforts to reclaim funds, suggesting that there may be more 'turmoil' in the non-traded BDC (business development company) sector.

Blackstone's Flagship Private Credit Fund Limits Investor Redemptions for the First Time

Spot silver has reached $75 per ounce, increasing by 3.16% during the day.

[Spot Silver Reaches $75/Ounce, Up 3.16% for the Day]Spot silver has reached $75 per ounce, increasing by 3.16% during the day.

Spot Silver Reaches $75/Ounce, Up 3.16% for the Day

On June 4, Bernstein's latest monthly tracking report indicated that DRAM and NAND contract prices continued to rise month-on-month in May, with composite indicators pointing to an approximate 60% quarter-on-quarter increase in the second quarter of 2026 (2QCY26), slightly exceeding the firm's previous forecast. However, as the destructive effects of weakened consumer demand gradually become apparent, the price increase is expected to significantly slow down in the third quarter of 2026 (3QCY26). According to a report released by Bernstein analysts, including Mark Li, on June 2, the DRAM contract price in May further increased compared to April, with weighted average data suggesting that traditional DRAM contract prices in 2QCY26 will rise by 64% compared to 1QCY26, surpassing the firm's earlier model predictions. Meanwhile, for NAND, supported by strong prices in mobile NAND and SSDs, the mixed average price increase in 2QCY26 is expected to be around 60%, also slightly exceeding expectations. This price trend has a direct uplifting significance for related stocks in the storage sector. Bernstein currently maintains an 'Outperform' rating on Samsung Electronics, SK Hynix, Micron, and SanDisk, while keeping a 'Underperform' rating on Kioxia. The report also warns that as the second half of the year approaches, weak consumer demand will become a major constraint on price increases, and investors should be aware of the risk of expectation discrepancies brought about by changes in the pace of price increases.

[Bernstein: Storage Prices Set for Major Surge in Q2]On June 4, Bernstein's latest monthly tracking report indicated that DRAM and NAND contract prices continued to rise month-on-month in May, with composite indicators pointing to an approximate 60% quarter-on-quarter increase in the second quarter of 2026 (2QCY26), slightly exceeding the firm's previous forecast. However, as the destructive effects of weakened consumer demand gradually become apparent, the price increase is expected to significantly slow down in the third quarter of 2026 (3QCY26). According to a report released by Bernstein analysts, including Mark Li, on June 2, the DRAM contract price in May further increased compared to April, with weighted average data suggesting that traditional DRAM contract prices in 2QCY26 will rise by 64% compared to 1QCY26, surpassing the firm's earlier model predictions. Meanwhile, for NAND, supported by strong prices in mobile NAND and SSDs, the mixed average price increase in 2QCY26 is expected to be around 60%, also slightly exceeding expectations. This price trend has a direct uplifting significance for related stocks in the storage sector. Bernstein currently maintains an 'Outperform' rating on Samsung Electronics, SK Hynix, Micron, and SanDisk, while keeping a 'Underperform' rating on Kioxia. The report also warns that as the second half of the year approaches, weak consumer demand will become a major constraint on price increases, and investors should be aware of the risk of expectation discrepancies brought about by changes in the pace of price increases.

Bernstein: Storage Prices Set for Major Surge in Q2

On June 4, Apple Inc. announced that the value of its App Store ecosystem has reached $1.4 trillion.

[Apple App Store Ecosystem Valued at $1.4 Trillion]On June 4, Apple Inc. announced that the value of its App Store ecosystem has reached $1.4 trillion.

Apple App Store Ecosystem Valued at $1.4 Trillion

On June 4, Cosmos Labs, the core development team of the Cosmos ecosystem, announced the acquisition of the Cosmos blockchain explorer Mintscan and the establishment of a new subsidiary, Cosmos Labs Korea, in Seoul, South Korea, to oversee the construction of several key infrastructures within the Cosmos ecosystem. According to Barry Plunkett, co-CEO of Cosmos Labs, negotiations for the deal began in October 2025, initiated by the co-founder of the Korean crypto company Stamper (the legal entity of Cosmostation). The parties did not disclose the transaction amount, financing method, or whether it involved Cosmos Hub tokens.

[Cosmos Labs Acquires Blockchain Explorer Mintscan]On June 4, Cosmos Labs, the core development team of the Cosmos ecosystem, announced the acquisition of the Cosmos blockchain explorer Mintscan and the establishment of a new subsidiary, Cosmos Labs Korea, in Seoul, South Korea, to oversee the construction of several key infrastructures within the Cosmos ecosystem. According to Barry Plunkett, co-CEO of Cosmos Labs, negotiations for the deal began in October 2025, initiated by the co-founder of the Korean crypto company Stamper (the legal entity of Cosmostation). The parties did not disclose the transaction amount, financing method, or whether it involved Cosmos Hub tokens.

Cosmos Labs Acquires Blockchain Explorer Mintscan

On June 4, JPMorgan analysts noted in a report that the total amount of global stock buyback announcements reached $533 billion in April and May this year, setting a new historical high for the same period. The technology sector accounted for a significant portion of this increase. At first glance, this phenomenon may seem puzzling given market concerns about the scale of capital expenditures by tech companies in artificial intelligence. However, analysts indicated that there have been more positive signals regarding the financing needs of the tech sector in recent quarters, with cash flow growth showing a stronger upward trend relative to capital expenditure growth. This helps to expand their financing surplus, thereby supporting the increase in buyback activity.

[JPMorgan: Record Global Stock Buybacks in April and May, Increased Activity in Tech Sector]On June 4, JPMorgan analysts noted in a report that the total amount of global stock buyback announcements reached $533 billion in April and May this year, setting a new historical high for the same period. The technology sector accounted for a significant portion of this increase. At first glance, this phenomenon may seem puzzling given market concerns about the scale of capital expenditures by tech companies in artificial intelligence. However, analysts indicated that there have been more positive signals regarding the financing needs of the tech sector in recent quarters, with cash flow growth showing a stronger upward trend relative to capital expenditure growth. This helps to expand their financing surplus, thereby supporting the increase in buyback activity.

JPMorgan: Record Global Stock Buybacks in April and May, Increased Activity in Tech Sector

On June 4, reports indicated that SpaceX's initial public offering is likely to further enrich officials from the Trump administration. According to recently disclosed financial documents, 10 officials, including presidential envoy Witkoff and Small Business Administration Administrator Kelly Loeffler, have reported holding stakes in Musk's rocket company SpaceX or xAI. The disclosure documents show that these federal officials collectively hold shares in SpaceX or xAI valued at least $9.9 million and up to $43.8 million. The disclosures were made last year, with asset values listed within a broad range.

[SpaceX IPO Expected to Increase Wealth of Trump Administration Officials; Disclosure Reveals Multiple Stakeholders]On June 4, reports indicated that SpaceX's initial public offering is likely to further enrich officials from the Trump administration. According to recently disclosed financial documents, 10 officials, including presidential envoy Witkoff and Small Business Administration Administrator Kelly Loeffler, have reported holding stakes in Musk's rocket company SpaceX or xAI. The disclosure documents show that these federal officials collectively hold shares in SpaceX or xAI valued at least $9.9 million and up to $43.8 million. The disclosures were made last year, with asset values listed within a broad range.

SpaceX IPO Expected to Increase Wealth of Trump Administration Officials; Disclosure Reveals Multiple Stakeholders

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

A $300 Used Mining Rig Mined a $230,000 Bitcoin Block

Over $1 Billion in Cryptocurrencies Forced to Liquidate, Bitcoin Plunges 6% Below $67,000

Bulls Approach the Ceiling

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BTC Falls Below $66,000

SpaceX IPO Expected to Increase Wealth of Trump Administration Officials; Disclosure Reveals Multiple Stakeholders

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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