June 3rd Overnight News Summary

1. US stocks closed higher on Tuesday, with all three major indexes hitting new historic highs, and the S&P closed above 7,600 points for the first time. The Dow rose 228.91 points, or 0.45%, to 51,307.79 points; the Nasdaq rose 7.09 points, or 0.03%, to 27,093.90 points; the S&P 500 index rose 9.94 points, or 0.13%, to 7,609.90 points. 2. Micwell Technology closed up 32.52%, with a trading volume of 28.249 billion US dollars. The company has received attention from NVIDIA CEO Huang Renxun, with record high revenue in the latest quarter and a significant increase in revenue guidance. 3. Trump stated that dialogue between the US and Iran has been ongoing. 4. Trump signed an executive order on Tuesday requiring AI companies to provide the government with relevant models 30 days before release. 5. The European Central Bank released a report on the 2nd stating that by the end of 2025, gold's share of global official reserve assets had risen to 27%, while the share of US Treasury bonds had fallen to 22%, making gold the largest asset in global official reserves. 6. Microsoft announced a comprehensive series of AI plans on Tuesday, covering autonomous office assistants, smart devices, PCs with NVIDIA chips, and new internal inference models. 7. SpaceX is requesting lower IPO underwriting fees, with Wall Street investment banks expected to share in the $500 million in revenue. 8. Musk's affiliated shell company purchased land for $5.5 billion in the outskirts of Houston. 9. NBA star Stephen Curry's agreement with Li-Ning is worth over 400 million US dollars.