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HederaCon2026 brought together key figures such as Dr. Leemon Baird, Mance Harmon, and Eric Piscini to discuss tokenization, AI, stablecoins, and the impact of changes in global financial policies on infrastructure.

The US and Iran fire shots in a battle for dominance over Hormuz, Trump threatens to "blow it up," and for the first time since the ceasefire, the UAE is attacked, while Iran claims it had no plans to target the UAE. Responding to Trump's call for "guided action," Iran launched missiles to drive away US warships, causing oil prices to surge and US stock futures to plummet. The Strait of Hormuz remains blocked, US crude oil exports have soared, suddenly becoming "the world's number one exporter." The US Department of Justice has dropped its appeal and instead applied to revoke the subpoena decision, but it is unlikely to bring the certainty Powell needs. The "Powell mouthpiece" explains: the "hold" is to protect the Federal Reserve, but the Trump lawsuit is "counterproductive." The yen has risen above 156 — is Japan intervening again? Goldman Sachs says authorities have the ability to intervene 30 more times. The true intent behind Japan restarting intervention: Komeito is trying to "buy time" for Middle East détente. "Never seen such growth!" Anthropic's annualized revenue doubled in two months, surpassing OpenAI for the first time. The AI battle intensifies: OpenAI and Anthropic were both revealed on the same day to be courting Wall Street for joint ventures. For the first time in ten years, Apple is discussing a price increase — the iPhone 18 may see a price hike. To board SpaceX, Wall Street is prepared to first sell off Mag 7. Micron CEO: AI is just starting, but memory is already insufficient. This year, DRAM and NAND demand could devour more than half the market. Will Google's new TPU orders flow to Intel? Ming-Chi Kuo: Google even wants to save profits on MediaTek, and TSMC's yield advantage is significant. AI-driven growth erupts across the board, Palantir's Q1 revenue surges by 85%, and the full-year guidance is revised up far beyond expectations. The watershed moment for North America's freight industry! Amazon is expanding its logistics services, and US transportation stocks are plunging. Doubao tests paid versions, three subscription tiers revealed, AI enters the era of "tiered pricing." Related articles: Wall Street News Breakfast FM-Radio | May 5, 2026

The previous exchange rate fluctuated between 157 and just under 157.5 yen. Speculation has emerged in the market that the Japanese government and central bank, in order to curb the depreciation of the yen, have intervened in the foreign exchange market once again after the end of April. Japanese Finance Minister Katayama Satsuki told the media, "No comment."