Berkshire Hathaway B (BRK.B.N) reported Q1 2026 EPS of $4.68, compared to $2.13 in the same period last year.

Federal Reserve's Goolsby: The long-term outlook for inflation in the services sector is not optimistic, and this is not due to oil factors.

Domestic News: 1. The total box office for the first day of the May Day holiday reached 157 million yuan, with 475,000 screenings. 2. The Ministry of Commerce: Resolutely opposes the US Federal Communications Commission's review and approval of testing, certification, and telecommunications-related restrictions. International News: 1. Trump threatens to raise tariffs on EU car imports; EU: Unacceptable. 2. The US SEC's proposal to change quarterly reports to semi-annual reports has passed White House review. 3. US President Trump signs executive order expanding sanctions against the Cuban government. 4. Bank of Japan accounts show that foreign exchange intervention on Thursday amounted to approximately 5.4 trillion yen; a second intervention is possible on Friday. 5. The US Department of Defense reaches agreements with seven AI companies to accelerate the transformation of the US military into an "AI-driven" combat force. 6. Federal Reserve—① Kashkari: Sufficiently large price shocks could jeopardize inflation expectations, potentially requiring the Fed to raise interest rates in a series to maintain credibility. ② Fed's Hamak: Given the current economic outlook, a clear easing bias is no longer appropriate. ③ Fed's Logan: Disagrees with statements suggesting the next adjustment is most likely a rate cut. 7. Iran Situation: ① Pakistani officials confirm Iran has submitted its latest negotiation proposal to the US. ② Saudi media: Iran agrees to nuclear talks and a long-term freeze on uranium enrichment. ③ US media: Iran relaxes conditions for resuming peace talks with the US. ④ US revised proposal revealed, demanding the nuclear issue be reinstated in the agreement. ⑤ Trump hints he will not seek congressional approval for continued military action against Iran. ⑥ Trump says he is "dissatisfied" with Iran's latest negotiation proposal. ⑦ Israeli media: The US is "about to decide" whether to restart military action against Iran. ⑧ Trump: Personally, I prefer not to restart bombing operations against Iran. ⑨ The USS Ford aircraft carrier has left the Middle East. ⑩ TankerTrackers: The number of oil tankers diverting to Iran continues to increase.