Chevron Moves to Increase Mediterranean Footprint with Greece Offshore Deal

XRP price news: Ripple-linked token hits 15-week low

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June 1, 2026

XRP price news: Ripple-linked token hits 15-week low

XRP slid to its weakest level in more than three months as heavy selling overpowered signs of exchange outflows, leaving the market stuck between two competing signals. Tokens moving off exchanges usually point to accumulation, but price action is saying sellers still have control whenever XRP tries to recover.

News Background

• More than 25 million XRP left exchanges after a large inflow earlier in the week, suggesting some investors used the drop to move tokens into longer-term storage.

• Spot XRP ETFs recorded fresh inflows, bringing cumulative flows to about $1.42 billion, though that demand has not yet been enough to reverse the downtrend.

• Leverage was heavily flushed during May, with most high-risk long positions already liquidated as XRP bounced from the $1.28 area.

Price Action Summary

• XRP dropped from $1.3384 to $1.3208, hitting a 15-week low during the session.
• The key breakdown came on 55.03 million in volume, which pushed price through support near $1.3320.
• Selling later extended toward $1.314 before a modest bounce brought XRP back toward $1.32.

Technical Analysis

• The key issue is that accumulation signals are not yet showing up in price. Exchange outflows are constructive, but XRP continues to get sold into recovery attempts.
• The breakdown below $1.3320 keeps the short-term structure weak, with $1.34 now acting as the first level buyers need to reclaim.
• A large short-liquidation cluster sits between $1.34 and $1.40, meaning a sharp move higher is possible if XRP can break back into that range.
• Until then, the tape remains defensive, with sellers still controlling the lower highs.

What traders should watch

• $1.31 is the immediate support. Losing it would put $1.28 and then $1.20 back in play.
• $1.34 is the first recovery level. A reclaim could trigger momentum toward $1.37 and $1.40.
• The setup is unstable because exchange outflows point one way while price action points the other. One side will have to give.

Mapping BNB’s path to $780 – Can rising leverage sustain the rally?

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June 1, 2026

Mapping BNB’s path to $780 - Can rising leverage sustain the rally?

Fresh institutional demand has dramatically altered Binance Coin’s [BNB] market structure, transforming a prolonged consolidation into a decisive breakout. Earlier, BNB spent weeks trading between $628 and $700 as buyers steadily absorbed supply beneath resistance.

That balance shifted sharply after the VanEck BNB-linked ETP launch boosted market conviction. Buyers aggressively pushed BNB above $700, triggering a surge toward $746.11 before mild profit-taking emerged.

The breakout also attracted significant participation, reflected in the largest volume expansion in the period.

Momentum indicators reinforced the move. At press time, RSI had climbed to 72.4, signaling strong buying pressure, while the MACD continued to accelerate higher. Furthermore, BNB traded above its 20, 50, 100, and 200 EMAs, confirming broad trend alignment.

Moreover, the broader implication is bullish. Market participants have successfully converted the former $700 resistance into support, strengthening the breakout structure.

If buyers continue defending that level, the recent $746 high could come under pressure again, opening the path toward the $760-$780 region.

Open Interest surge reinforces BNB’s breakout

BNB’s breakout is attracting leveraged participation as derivatives traders position aggressively behind the trend. At the time of writing, Open Interest (OI) reached $904 million, while positions expanded by 30.5% over the past 24 hours.

Notably, perpetual contracts account for $902.3 million of that total, highlighting strong demand for directional exposure.

That growth suggests fresh capital is entering the market rather than simply rotating between positions. Binance alone holds $628 million in BNB OI, far exceeding Bybit’s $132.3 million and OKX’s $79.3 million. This concentration reinforces Binance’s role as the primary venue driving participation.

Meanwhile, rising OI has accompanied BNB’s move above $700 and toward the $730 region. Such alignment typically reflects growing conviction among traders expecting further upside.

However, expanding leverage heightens market sensitivity. Rising capital inflows combined with aggressive positioning reinforce the breakout’s strength but also leave prices vulnerable to derivatives‑driven volatility as traders compete for the next leg higher.

Final Summary

Binance Coin has transformed former resistance into support, reinforcing bullish momentum as institutional and trader participation expands.
BNB continues attracting fresh capital through spot and derivatives markets, though rising leverage is volatility sensitive.

Best CD rates today, Sunday, May 31, 2026: Lock in up to 4% APY

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June 1, 2026

Best CD rates today, Sunday, May 31, 2026: Lock in up to 4% APY

Find out how much you could earn by locking in a high CD rate today. A certificate of deposit (CD) allows you to lock in a competitive rate on your savings and helps your balance grow. However, rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers.

Overview of CD rates today

Historically, longer-term CDs offered higher interest rates than shorter-term CDs. Generally, this is because banks would pay better rates to encourage savers to keep their money on deposit longer. However, in today’s economic climate, the opposite is true.

Today, Sunday, May 31, 2026, the highest CD rate is 4% APY. This rate is offered by Marcus by Goldman Sachs on its 14-month CD.

How much interest can I earn with a CD?

The amount of interest you can earn from a CD depends on the annual percentage rate (APY). This is a measure of your total earnings after one year when considering the base interest rate and how often interest compounds (CD interest typically compounds daily or monthly).

Say you invest $1,000 in a one-year CD with 1.52% APY, and interest compounds monthly. At the end of that year, your balance would grow to $1,015.20 — your initial $1,000 deposit, plus $15.20 in interest.

Now let’s say you choose a one-year CD that offers 4% APY instead. In this case, your balance would grow to $1,040.74 over the same period, which includes $40.74 in interest.

The more you deposit in a CD, the more you stand to earn. If we took our same example of a one-year CD at 4% APY, but deposited $10,000, your total balance when the CD matures would be $10,407.42, meaning you’d earn $407.42 in interest.

Read more: What is a good CD rate?

Types of CDs

When choosing a CD, the interest rate is usually top of mind. However, the rate isn’t the only factor you should consider. There are several types of CDs that offer different benefits, though you may need to accept a slightly lower interest rate in exchange for more flexibility. Here’s a look at some of the common types of CDs you can consider beyond traditional CDs:

Bump-up CD: This type of CD allows you to request a higher interest rate if your bank’s rates go up during the account’s term. However, you’re usually allowed to “bump up” your rate just once.
No-penalty CD: Also known as a liquid CD, this type of CD gives you the option to withdraw your funds before maturity without paying a penalty.
Jumbo CD: These CDs require a higher minimum deposit (usually $100,000 or more), and often offer higher interest rate in return. In today’s CD rate environment, however, the difference between traditional and jumbo CD rates may not be much.
Brokered CD: As the name suggests, these CDs are purchased through a brokerage rather than directly from a bank. Brokered CDs can sometimes offer higher rates or more flexible terms, but they also carry more risk and might not be FDIC-insured.

LE SSERAFIM ‘PUREFLOW’ Goes Top 10 In US, Half Million In Global Sales

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June 1, 2026

LE SSERAFIM 'PUREFLOW' Goes Top 10 In US, Half Million In Global Sales

LE SSERAFIM for ‘PUREFLOW’ PT. 1

Photo Courtesy: SOURCE MUSIC

LE SSERAFIM continue to prove their staying power around the world as they share their second full-length project.

The HYBE girl group lands its fifth career Top 10 on the Billboard 200 with PUREFLOW Pt. 1 while simultaneously moving more than half a million physical copies worldwide in the album’s first week — a dual showing that underlines the quintet has cemented itself as one of K-pop’s most consistent chart forces.

According to Billboard, PUREFLOW Pt. 1 debuts at No. 10 on the Billboard 200 albums chart with 41,000 equivalent-album units in the U.S. The bulk of that figure comes from traditional album sales (which account for 34,000 units), followed by 7,000 streaming-equivalent album units (reflecting 7.1 million on-demand official streams of the album’s 11 tracks), with track-equivalent album units making up the rest. Billboard notes that more than 30 physical packaging variants boosted the opening-week numbers.

The No. 10 debut marks LE SSERAFIM’s fifth Top 10 entry on the Billboard 200, continuing one of the steadiest U.S. chart runs and becoming only the eighth K-pop artist to earn five or more Top 10 entries in the States.

Led by their 2024 EP Crazy, take a look at the group’s Billboard 200 and first-week U.S. sales history for their five Top 10 albums to date. (The group’s debut EP, Fearless from 2022, did not chart while their sophomore release, Antifragile from the same year, reached No. 14)

Crazy (2024) — No. 7 peak on the Billboard (47,000 units)
HOT (2025) — No. 9 peak (45,500 units)
Unforgiven (2023) — No. 6 peak (45,000 units)
Easy (2024) — No. 8 peak (41,000 units)
PUREFLOW Pt. 1 (2026) — No. 10 (41,000 units)

Globally, the numbers were even bigger, clearing the half-million mark within one week.

According to South Korea’s real-time album sales chart Hanteo, PUREFLOW Pt. 1 sold 559,207 physical copies worldwide in its first week. A look at how it stacks up against LE SSERAFIM’s previous first-week physical totals including their best-selling album, their first full-length Unforgiven released in 2023, below:

Unforgiven (202e) — 1,258,001 units
Easy (2024) — 989,268 units
Crazy (2024) — 677,687 units
HOT (2025) — 636,281 units
Antifragile (2022) — 567,673 units
PUREFLOW Pt. 1 (2026) — 559,207 units
Spaghetti (2025) — 464,698 units
Fearless (2022) — 307,450 units

The group’s second full-length album — and its first in three years — PUREFLOW Pt. 1 builds its 11 tracks around a deceptively layered concept: the title is a new anagram of “powerful.” Sonically, the set opens in celebratory mode with the Latin-house title track “Boompala” — which reimagines Los del Río’s 1993 global hit “Macarena” — and the techno-driven pre-release throbber of a single “Celebration.” Elsewhere on the LP, different tracks dive into moodier and more introspective material like standouts including the self-reflective R&B-club cut “iffy iffy,” friendship rock ballad “Need Your Company” and electro-pop waltz “Sonder.”

Looking ahead, LE SSERAFIM will carry the PUREFLOW songs to the stage on their upcoming PUREFLOW World Tour, set to launch July 11 in Incheon, South Korea, before continuing across Asia and the United States, with the group visiting and performing across Europe for the first time. The “Pt. 1” in the album title indicates that more music in the powerful-vulnerable PUREFLOW style is on the way, with all signs pointing to LE SSERAFIM continuing to build on the U.S. and global charts.

Watch “BOOMPALA,” the latest music video from LE SSERAFIM

Warren Buffett’s Berkshire dumps entire stake in dividend stock

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June 1, 2026

Warren Buffett's Berkshire dumps entire stake in dividend stock

When Warren Buffett builds a position in a company, Wall Street pays attention. His firm, Berkshire Hathaway, doesn’t typically accumulate an 8.3% stake in a business unless it believes deeply in what that company does and where it’s headed.

That’s what made Berkshire’s investment in Pool Corp so noteworthy and the exit equally striking.

Berkshire quietly unwound its entire position in Pool (POOL) during the first quarter of 2026.

The stake, which had been worth roughly $650 million, is now gone. And the stock itself tells a painful story: it’s sitting nearly 70% below its all-time highs.

Why did Warren Buffett invest in Pool stock?

Pool is the world’s largest wholesale distributor of swimming pool supplies, equipment, and related products.

Think of it like the middleman between manufacturers and the roughly 120,000 contractors, retailers, and service companies that keep America’s backyard pools running.

The business model is built around recurring, nondiscretionary spending on pool chemicals, filters, and pumps, which aren’t skipped just because the economy slows.

The business ticked most boxes for Warren Buffett, given predictable demand, pricing power, and a strong network that’s difficult to replicate.

Pool Corp also pays a dividend, which adds to its appeal for long-term income investors. Down almost 70% from all-time highs, POOL stock currently offers a yield of 2.8%.

New pool construction boomed during the COVID era as Americans poured money into their homes. That surge in demand eventually cooled, and new unit construction by pool builders fell sharply.

According to Pool Corp’s first-quarter 2026 earnings call, new pool units for 2025 totaled 58,000, a fraction of the pandemic-era peak.

Pool posted solid Q1 2026 results

For the first quarter of 2026, the company reported:

President and CEO Peter Arvan pointed to broad-based growth across product categories.

Chemicals grew by 8%, driven in part by strong demand for the company’s private-label brands.
Equipment grew by 7% and building materials were up 5%.
Geographically, California grew 10%, and Texas grew 7%, boosted by favorable weather and strong maintenance demand.

During the earnings call, Arvan stated:

“We are off to a solid start in 2026, with net sales up 6% and operating income growing 7% year-over-year. Maintenance demand remained resilient, and we saw continued, though still gradual, recovery in discretionary categories.”

Management also confirmed full-year diluted earnings per share guidance of $10.87 to $11.17, representing 2-3% growth over the prior year.

The installed base is key for the dividend stock

One of the most important things to understand about Pool is where its revenue originates from.

There are about 5.5 million in-ground pools across the United States that require weekly chemical treatment.

Moreover, pumps and filters wear out and need replacing, and equipment gets upgraded. That installed base generates steady, recurring demand that does not depend on new construction.

“Our growth thesis does not require a recovery in new pool units,” Arvan said during the earnings call, according to a company statement.

The company operates 455 sales centers.

It has a digital ordering platform called POOL360, which now accounts for 13% of net sales, up from 12.5% a year ago.

It also runs the Pinch A Penny franchise network, which added seven new independently owned locations in the first quarter alone.

Pool Corp has been investing in private-label chemical products, including its Regal and E-Z Clor lines, which carry higher margins and have been gaining traction with independent retailers.

Pool Corp. has a robust business modelVictor LOCHON/Getty Images

A growing dividend with a sustainable payout

Pool has raised its annualized dividend from $0.56 per share in 2011 to $5 per share in 2026, indicating a compounded annual growth rate of 15.7% over the last 15 years.

The annual dividend expense for the mid-cap stock is around $182 million, while it is forecast to report a free cash flow of $354 million this year.

Given a payout ratio of 51%, POOL stock has enough room to grow its dividend while reinvesting in growth and acquisitions.

More dividend stocks:

Berkshire’s decision to sell does not necessarily mean Pool Corp is a broken business. The fundamentals, as Q1 shows, remain intact.

But it does reflect a shift in conviction. When a position the size of Berkshire’s gets exited entirely, it suggests the expected return no longer meets the bar, at least for now.

For dividend investors still holding POOL, the core question is simpler: does the installed-base thesis hold, and can management continue to expand margins as new construction remains muted?

The first-quarter numbers suggest the answer leans yes. Whether that is enough to win back Buffett-sized confidence is another matter entirely.

This story was originally published by TheStreet on May 30, 2026, where it first appeared in the Investing section. Add TheStreet as a Preferred Source by clicking here.

AI token FET reclaims support as Open Interest jumps – Can it clear $0.300?

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June 1, 2026

AI token FET reclaims support as Open Interest jumps – Can it clear $0.300?

Artificial Superintelligence Alliance [FET] posted a strong recovery over the past 24 hours as buying activity returned across the artificial intelligence sector.

The token rallied 15.97%, while trading volume climbed 42.16% to roughly $345 million.

This combination reflected stronger market participation rather than a low-volume price spike.

Earlier sessions had shown hesitant price action near support levels. However, buyers stepped in aggressively and pushed FET back into a higher trading range.

As interest returned to AI-related assets, FET emerged as one of the stronger performers.

Traders increase exposure as Open Interest jumps

During the rally, Open Interest also increased 18.55% and reached $125.63 million, indicating that fresh positions entered the market during the rally.

This increase aligned with the broader rise in trading activity and suggested that participants were actively positioning for further movement.

Unlike rallies driven solely by short covering, the simultaneous expansion in volume and Open Interest pointed toward new capital entering the market.

Such behavior often reflects a stronger conviction among traders. Nevertheless, higher leverage can amplify volatility whenever price approaches a major resistance level.

Can FET overcome the next major barrier?

Price action improved significantly after FET reclaimed the $0.244 support level and pushed toward the important $0.300 resistance zone.

The daily chart showed that buyers defended higher lows throughout May before driving price above a recent consolidation structure.

Artificial Superintelligence Alliance [FET] traded near $0.268 at the time of observation, placing it between support and a major supply area.

Earlier rallies had struggled around the $0.300 region, making this level an important obstacle once again.

The Relative Strength Index climbed to 66.05, while its moving average remained near 53.54.

This reading placed RSI above the neutral 50 level and reflected strengthening buyer control.

Importantly, the indicator remained below the overbought threshold, suggesting that price still retained room for additional appreciation before reaching extreme conditions.

The latest breakout strengthened the market structure and shifted attention toward higher targets.

However, sellers still controlled the area above current prices. If buyers successfully reclaim $0.300, the move could open a path toward the $0.400 resistance highlighted on the chart.

FET technical analysis — Source: TradingView

Why are Binance traders overwhelmingly bullish?

Sentiment data revealed a strong preference for long positions among Binance’s top traders.

More than 70% of accounts remained long, while only 29.61% maintained short exposure.

The resulting long-to-short ratio stood at 2.38, highlighting a clear bullish bias despite Artificial Superintelligence Alliance [FET] approaching a significant resistance zone.

Such positioning often reflects confidence in continued upside. However, crowded long trades can also increase vulnerability to sudden pullbacks if buyers lose control.

Recent price action supported trader optimism because FET had already reclaimed key support and strengthened its technical structure.

To sum up, FET’s rally gained support from rising volume, expanding Open Interest, strengthening RSI readings, and heavily bullish trader positioning.

The recovery improved the token’s structure considerably. However, the $0.300 resistance remains the key test.

If buyers reclaim that level, FET could extend its advance toward higher supply zones. If not, the market could experience a temporary pullback before establishing its next trend.

Final Summary

Artificial Superintelligence Alliance [FET] reclaimed key support as volume and trader participation expanded sharply.

Bullish positioning increased significantly, but $0.30 remains the crucial hurdle.