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Monday, June 1, 2026

'OpenAI's Altman not focused on IPO timing'

 OpenAI CEO Sam Altman revealed on Monday that he wasn't focusing on the timing of the official public offering after finding out that Anthropic PBC confidentially filed a draft registration statement on Form S-1 for a proposed IPO.

"I think there is a race to deliver the best technology and build the best business, but, you know, going public is a financing event, and I don’t think that's one that we're focused on the timing of," he told CNBC in an interview, adding that the firm will go public when it makes sense.

https://breakingthenews.net/Article/OpenAI's-Altman-not-focused-on-IPO-timing/66412034

Trump: Hezbollah agreed to stop all shooting

 United States President Donald Trump stated on Monday that "I had a very good call with Hezbollah, and they agreed that all shooting will stop."

In a post on Truth Social, Trump reported on his call with Israeli Prime Minister Benjamin Netanyahu. "I had a very productive call with Prime Minister Bibi Netanyahu, of Israel, and there will be no Troops going to Beirut, and any Troops that are on their way, have already been turned back," he wrote.

"Israel will not attack them, and they will not attack Israel. President DONALD J. TRUMP," he concluded. The tensions remain high today with reports that Iran has stopped negotiations with the US over the Lebanon crisis.

https://breakingthenews.net/Article/Trump:-Hezbollah-agreed-to-stop-all-shooting/66411741

Trump: Talks with Iran continuing at rapid pace

 United States President Donald Trump stated on his Truth Social on Monday that his country's negotiations are "continuing, at a rapid pace."

The US president's comments follow reports from Iranian media, which claimed that Tehran will halt talks with the US due to Israeli attacks in Lebanon. Although Trump initially said that he does not care about Iran stopping negotiations, and that it will be "very good," he later had a phone call with Israel's Prime Minister Benjamin Netanyahu, who promised that there will be no Israeli troops in Beirut. Meanwhile, Trump also had a call with Hezbollah, with the Lebanese militant group vowing to stop its attacks in Israel.

https://breakingthenews.net/Article/Trump:-Talks-with-Iran-continuing-at-rapid-pace/66411783

Russia Bans Jet Fuel Exports As Ukrainian Attacks Cripple Refining

 Russia is banning exports of jet fuel through November 30, 2026, as it seeks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure, OilPrice.com reported.

Russia on Monday announced it is temporarily banning jet fuel exports until the end of November to keep sufficient domestic aviation fuel supplies. Supplies under intergovernmental agreements are exempted from the ban, the Russian government said today.

The decision comes after drone strikes on refineries pushed Russia’s crude-processing rate to the lowest in more than 16 years. In an effort to curb the flow of petrodollars into the Kremlin’s coffers, Ukraine has targeted a wide range of energy assets including sea ports and pipelines. 

The ban is not expected to be felt on the tight international jet fuel market as Russia is a small exporter of aviation fuels.  Last year, it exported an average of 30,000 barrels a day, or less than 2% of the global supplies, according to data compiled by Bloomberg from analytics firm Vortexa Ltd. Daily average exports slipped to 28,000 barrels in the first four months of 2026, with Turkey being the main buyer, the data show. 

But the ban on kerosene exports follows a ban on gasoline exports, in force since April 1, as Russia has seen its refining capacity and capability crippled in recent weeks by intensifying drone attacks from Ukraine.

Kyiv has targeted several major refiners and oil export terminals since the war in Iran began, aiming to cripple Russia's ability to take advantage of the soaring international oil and fuel prices.

Last month, Ukraine targeted the 300,000-barrels per day Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said.

“We are bringing the war back home – to Russia – and that’s only fair,” Zelenskyy said in May.

The attack on the Yaroslavl oil refinery, co-owned by Gazprom Neft, was the fourth on the facility in one month, as Ukraine looks to diminish Russia’s refining and export capabilities amid soaring international oil and fuel prices.

Since international crude oil prices surged following the war in the Middle East, Russia has boosted its oil revenues as not only prices have jumped, but Russian oil was made desirable in India again, thanks to U.S. waivers for sales of Russia’s crude already loaded on tankers.

Ukraine is intensifying attacks on Russian refineries and oil export ports as Kyiv looks to limit Russia’s oil exports and revenues.

https://www.zerohedge.com/markets/russia-bans-jet-fuel-exports-ukrainian-attacks-cripple-refining

5.26% SPCE stake with heavy call options drives premarket surge

 

13G filing reveals Rich Huang's 5.26% SPCE stake with heavy call options drives premarket surge

  • Schedule 13G disclosed Friday shows RichRich Capital owns ~4.87M shares (4.62%) plus millions in call options.
  • Rich Huang beneficially owns ~5.58M shares or 5.26% including personal and IRA call options.
  • Significant options position signals bullish leveraged bet on Virgin Galactic's 2026 commercial flight timeline.
  • Builds on recent catalysts: successful VSS Unity glide flights resumed May 27, Delta spaceship ground testing on track for Q3 2026 tests and Q4 commercial ops.
  • Follows preliminary court approval of derivative lawsuit settlement on May 28, removing legal overhang.
  • Retail traders amplified move amid broader space sector momentum tied to anticipated SpaceX IPO.
  • Stock closed May 29 up ~36% at $6.18 before extending gains in June 1 premarket.

AIM completes final patient enrollment ahead of schedule in Phase 2 in metastatic pancreatic cancer

 

AIM ImmunoTech completes final patient enrollment ahead of schedule in Phase 2 DURIPANC Ampligen trial in metastatic pancreatic cancer

  • Study remains on track for December 2026 primary endpoint evaluation following completion of final patient enrollment.

Invivyd completes enrollment in upsized Phase 3 of VYD2311 for prevention of symptomatic COVID-19

 

Invivyd completes enrollment in upsized Phase 3 trial of VYD2311 for prevention of symptomatic COVID-19

  • Top-line data from the Phase 3 DECLARATION pivotal trial of VYD2311 are expected in late Q3 2026.