TradingKey

TradingKey - OpenAI and Visa (V) jointly announced on Wednesday the integration of Visa payment services into the OpenAI platform, enabling AI agents to autonomously complete online purchases and payments upon user authorization. This is a further expansion of a previous cooperation agreement between the two companies. At the application level, users can instruct AI agents to perform tasks such as bill payments and grocery shopping, while online retailers will support transaction requests initiated by AI agents. As the AI platform with the highest brand recognition among consumers, ChatGPT will serve as the primary entry point for the implementation of this payment capability.

TradingKey - SpaceX plans to price on Thursday and begin trading on Friday. This offering, poised to be one of the largest IPOs in history, has faced public skepticism from North Carolina State Treasurer Brad Briner. Briner stated that with the Elon Musk-led SpaceX valued at $1.77 trillion, the "upside is already limited," and he will not use pension funds for a direct purchase.

TradingKey - U.S. President Trump posted on his social media platform on Wednesday, stating that Iran has delayed negotiations for a temporary peace agreement for too long and will "pay a price" for it. This follows renewed overnight attacks by both sides, putting further pressure on an already fragile two-month ceasefire agreement. International oil prices rose in response to the news. Brent crude futures briefly broke above $93 before paring some gains, though they remain at elevated levels. Market concerns are growing that prospects for negotiations to reopen the Strait of Hormuz have further dimmed.

TradingKey - On June 10, the U.S. Bureau of Labor Statistics released the CPI data for May, delivering results in line with market expectations. Specifically, the U.S. CPI rose 0.5% month-on-month, compared to the previous 0.6%, and increased 4.2% year-on-year, up from 3.8% in April. Core CPI, which excludes food and energy, rose 0.2% month-on-month, lower than the 0.4% recorded in April, while the annual core CPI edged up to 2.9% from the previous 2.8%. Following the data release, the Nasdaq 100 reversed earlier losses to lead the broader U.S. equity market, with the heavily weighted technology sector serving as the core driver of the index's upward momentum.

Oracle fell below the $200 mark as the market focuses on its upcoming earnings report, while Wall Street investment banks remain optimistic.

TradingKey - GameStop holds more than $1 bn in cash and no long-term debt, yet investors are still waiting for Ryan Cohen's next move. Could a major capital allocation decision unlock value?

TradingKey - On Wednesday Eastern Time, the U.S. Bureau of Labor Statistics released data showing that the U.S. Consumer Price Index (CPI) rose 0.5% month-over-month in May, compared to the previous value of 0.6%. The CPI rose 4.2% year-over-year, up from 3.8% in April, indicating that inflationary pressures continue to build. Core CPI, which excludes food and energy, rose 0.2% month-over-month, lower than April’s 0.4%. Core CPI rose 2.9% year-over-year, edging up slightly from the previous 2.8%.

TradingKey - SpaceX is set to debut on the Nasdaq on June 12 under the ticker symbol SPCX. The offering price is set at $135 per share, with a fundraising target of $75 billion, implying a total company valuation of $1.77 trillion. This will be the largest IPO in global history.

TradingKey - On Wednesday ET, the three major U.S. stock index futures broadly declined in pre-market trading as the tech sell-off continued. Escalating tensions in the Middle East, coupled with the imminent release of May CPI data, have significantly cooled market risk appetite. As of press time, Dow futures are down 0.92%, S&P 500 futures have dropped 1.06%, and Nasdaq 100 futures have declined 1.62%.

Bitcoin has fallen below $60,000, putting MicroStrategy’s share price to the test at the $100 threshold, which risks being breached in the short term.

SpaceX SPCX IPO pricing June 11, listing June 12. 2025: $18.67B revenue, $4.94B net loss. Starlink $11.4B revenue, $4.4B operating profit. xAI segment $6.36B operating loss. $1.75T valuation. MSCI fast-track inclusion confirmed.

TradingKey - The initial public offering (IPO) of Space Exploration Technologies Corp. (SpaceX), led by the world's richest man Elon Musk, is igniting an unprecedented surge in capital markets. According to sources, as of Tuesday, the IPO has attracted over $250 billion in subscription demand, far exceeding the company's $75 billion fundraising target, with an oversubscription ratio of 3.5 to 4 times.

TradingKey - On June 10 ET, Reuters reported, citing sources familiar with the matter, that SK Hynix plans to list in the United States as early as August this year. The U.S. Securities and Exchange Commission (SEC) may approve its American Depositary Receipt (ADR) listing application during the week of June 22. South Korea's Meritz Securities reported on the same day that if the approval proceeds smoothly, SK Hynix will officially list by mid-August at the earliest.

TradingKey - According to a Reuters report citing two attendees, SpaceX President Gwynne Shotwell and CFO Bret Johnsen stated that the company plans to launch its first demonstration orbital AI computing infrastructure by the end of 2027.

TradingKey - As of the European session today (June 10), silver continued its weak downward trend, hitting an intraday low of $63.44. Technical indicators suggest that silver prices may see further downside in the short term. Driven by strong U.S. non-farm payroll data and the conflict between Iran

TradingKey - A classic indicator the Bond King says has stopped working may be the missing key to this gold boom and the repricing of money itself.

TradingKey - During the Asian trading session on June 10, both Japanese and South Korean stock markets closed lower, weighed down by the escalation of the U.S.-Iran military conflict, continued pressure on chip stocks, and rising inflation concerns. South Korea's KOSPI index fell 4.52% to 7730.82 points, while the Nikkei 225 index declined 1.89% to 64179.22 points.

TradingKey - Global semiconductor foundry giant TSMC (TSM) released its May 2026 revenue report on June 10. Monthly consolidated revenue reached NT$416.98 billion, representing a significant year-on-year increase of 30.1% and a month-on-month growth of 1.5%, setting an all-time monthly record. This performance extends the robust growth momentum seen since the beginning of 2026.

Bitcoin’s price rebound has stalled, as US-Iran tensions and upcoming CPI data may continue to exert downward pressure.

TradingKey - Gold Prices Decline for Four Consecutive Months: Is the Precious Metals Bull Market Partially Over? Where Is the Next Support Level?