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BlockBeats News, June 4th, Treehouse announced that its on-chain reference rate TESR (Treehouse Ethereum Staking Rate) has been integrated with Euler to launch the first fixed-rate borrowing market with an anchored reference rate in DeFi. Users can borrow WETH using tETH or wstETH as collateral, and the borrowing interest rate will be locked in at the start of each monthly period based on the TESR 30-day consensus rate and remain fixed throughout the period, eliminating the uncertainty caused by borrowing rate fluctuations. The initial markets launched include tETH/WETH and wstETH/WETH. The market is overseen by the DeFi treasury management firm KPK, responsible for professional management and risk control to provide institutional-grade security and liquidity. Treehouse stated that this move provides DeFi users with a new option for fixed-rate borrowing, aiming to reduce borrowing cost fluctuation risks and further drive the development of the on-chain interest rate market.

Barringer pointed out that although the faster-growing chip division at Broadcom has lower profit margins, overall demand remains strong. He stated that this shift will dilute Broadcom's profitability, as the company needs to generate more revenue to achieve the same level of profit. Barringer added that, more broadly, the company's performance is positive, but Broadcom is struggling to meet and surpass the market's high expectations. Broadcom's pre-market share price fell by more than 12%.

Glonghui June 4th｜CRH Cement (CRH.US) rose more than 3% pre-market to $109.27. According to reports, JPMorgan raised CRH Cement’s target price from $135 to $140 and maintained an “overweight” rating. This adjustment reflects the institution’s confidence in the company’s fundamentals and future growth. This is JPMorgan’s second positive adjustment for the stock in a short period, showing continuing optimism over CRH’s leading position in the building materials industry. In addition, CRH released its Q1 2026 financial report on April 30, with strong core indicators, providing solid fundamental support for the stock price.