News

Glonhui June 4｜Dragged down by Broadcom's sharp decline, optical communication concept stocks collectively fell in U.S. pre-market trading. Among them, Broadcom dropped 12%, POET Technologies dropped over 6%, Nokia dropped over 5%, Marvell Technology dropped over 4%, Corning and Lumentum dropped over 3%.

(1) S&P Global Eurozone Construction PMI rose to 43.7 in May 2026, higher than April's 41.7 (when the industry recorded the sharpest contraction since August 2024). However, the index remains far below the 50 threshold, indicating that the downward trend in the construction sector has persisted for over four years. (2) By country, France recorded the most severe contraction, Germany continued to decline significantly, and Italy saw the mildest deterioration. By sector, residential saw the fastest decline, while the rate of contraction in civil engineering was the slowest. (3) New business continued to drop sharply, though the rate of decline slowed compared to April, as demand conditions remained sluggish. In terms of prices, input cost inflation remained significant in May, with all three monitored economies reporting strong cost increases, led by Germany. (4) Construction companies remained pessimistic about activity prospects for the coming year, extending the prevailing negative sentiment into the third consecutive month.

BlockBeats News, June 4th, according to the official announcement, as an important upgrade in the fund efficiency aspect of the US stock 2.0 product, Bitget has added 15 US stock tokens as collateral currencies in the unified account and U-based contract cross-margin mode. The supported assets this time include: rAAPL, rAMZN, rMETA, rMU, rTSLA, rGOOGL, rNVDA, rINTC, rMSFT, rASML, rAVGO, rTSM, rSNDK, and other core technology assets, as well as index tokens for rQQQ and rSPY. After the update, users can hold the relevant US stock tokens spot while using them directly as collateral for contract trading, supporting more flexible fund management and cross-market risk hedging. For more details, please refer to the official announcement on the Bitget platform.