WTI crude fell about 3% intraday, slipping below $95/barrel.

Multiple sources say ByteDance will scale up investment in world-model training, targeting by year-end performance comparable to the current global SOTA, Google Genie 3. Video models will remain a priority and the firm will explore dynamic-generation approaches. It plans to shore up coding capabilities via internal dogfooding — data feedback and evaluation to create a flywheel — and to enhance agent functionality. Doubao commercialization will be accelerated with office productivity scenarios as the primary focus.

Fed's Logan said he is increasingly concerned that rates may need to be raised later this year.