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On May 31st, the Shenzhen Municipal Transportation Bureau released its April report on the operation and risks of the ride-hailing industry in Shenzhen. As of April 30, 2026, there were 26 ride-hailing platforms in Shenzhen, with 142,247 "Online Ride-Hailing Vehicle Transport Permits" and 394,872 "Shenzhen Taxi Driver Permits" issued. Data from various platforms shows that the average daily number of ride-hailing orders completed per vehicle in the city this month was approximately 13.01. The demand in Shenzhens ride-hailing market exhibits seasonal fluctuations, and the current market is generally saturated. Enterprises and individuals intending to engage in ride-hailing operations are strongly advised to fully understand relevant laws and regulations, conduct in-depth market research, objectively assess operating returns, and make rational and prudent investment and career decisions.On May 31, local time, US President Trump stated in an interview broadcast on Fox News on May 30 that the US and Iran were close to reaching a "very good deal." Trump also stated in the interview that they would get a "better deal," which should have been faster. However, Trump indicated that if a deal could not be reached, he would request the intervention of the "War Department" (i.e., the US Department of Defense). Trump stated that if he did not get what he wanted, "we will end it another way." Trump also stated that by signing an agreement, they could ensure navigation in the Strait of Hormuz, ensure Irans lack of nuclear weapons, and so on. When discussing the agreement with Iran, Trump emphasized that he was not in a hurry. "If youre in a hurry, you cant get a good deal."May 31 - According to Lighthouse Pro, as of May 31, the film "Love Letter to Grandma," produced by Damai Entertainment, has grossed 1.36572 billion yuan (including pre-sales), entering the top three of the 2026 box office chart.May 31 - According to the Japan Meteorological Agency, a magnitude 3.9 earthquake struck southern Amami, Kagoshima Prefecture, at approximately 10:58 a.m. on May 31. The maximum intensity was felt as 3, and the focal depth was 50 kilometers. There was no risk of a tsunami.May 31 – According to US sources on May 30, after the US Supreme Court ruled that the Trump administration had no right to impose higher tariffs on almost all trading partners, US companies have begun receiving tariff refunds. However, this process may be hampered by the Trump administrations planned appeal. The report states that the Trump administration indicated on May 29 that it plans to appeal a federal judges ruling. This ruling allows all importers who paid tariffs deemed invalid to apply for refunds, not just those who have filed lawsuits.

DOGE Requires Weak US Inflation, and Elon Musk Will Return to $0.10

Alina Haynes

Dec 09, 2022 15:16

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It has been a mixed beginning to the day. Today's attitude will be influenced by investor anxiety regarding Twitter's integration intentions and Federal Reserve monetary policy.

 

On Thursday, dogecoin (DOGE) appreciated by 2.92 percent. DOGE concluded the day at $0.0986, partially reversing Wednesday's 4.49% decline. Notably, for the first time in 12 sessions, DOGE failed to revisit $0.10.

 

After a rocky start to the day, DOGE dropped to a low of $0.0948 in the early hours. DOGE surged over the First Major Support Level (S1) at $0.0921 to reach a late-day high of $0.0991. DOGE ended the day below $0.0990 after failing to surpass the First Major Resistance Level (R1) at $0.1004

 

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On Thursday, Shiba inu coin (SHIB) appreciated by 1.98%. SHIB finished the day at $0.00000927, partially reversing Wednesday's loss of 2.15%.

 

A mixed morning caused SHIB to drop to an early low of $0.0000009 per share. SHIB surged to a late-day high of $0.00000933 after avoiding the First Major Support Level (S1) at $0.00000891. Upon encountering the First Major Resistance Level (R1) at $0.00000932, SHIB retreated to close below $0.00000930.

 

Following a volatile morning session, economic indices in the United States provided much-needed support. A slight increase in unemployment claims bolstered the likelihood of a December Fed reversal. The Jobs Report from last week increased uncertainties regarding the next policy step.

 

The NASDAQ Composite Index increased by 1.13 percent, providing support for DOGE and SHIB.

 

The day's gains were capped by the absence of an update from Elon Musk on his plans to resume integrating DOGE onto the Twitter network.

 

Today, the attention will continue on the US economic calendar, as wholesale inflation and consumer confidence are forthcoming. A sudden increase in wholesale inflation might cast doubt on the Fed's pivot theory and cause DOGE and SHIB to reverse.


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