TradingKey

Although the rebound in SpaceX and AI stocks has created a favorable external environment, driving OpenAI to go public this year as scheduled, its own losses still cannot be ignored.

Charter stock is recovering as the $34.5B Cox merger nears completion. Can CHTR overcome broadband losses and build momentum before July earnings?

TradingKey - On June 29 (ET), US stock markets rose across the board, supported by a rebound in tech stocks and a temporary cooling of tensions in the Middle East. AI and mega-cap tech stocks, which had previously been under continuous pressure, staged a corrective rally, driving the Nasdaq Composit

Comcast stock trades near support as Peacock nears profitability, broadband trends improve, and investors look to July earnings for the next CMCSA catalyst.

The KOSPI and Nikkei 225 both opened higher, led by gains in Samsung Electronics and SK Hynix, with SoftBank and Kioxia also tracking higher.

TradingKey - On Monday, June 29, Eastern Time, market sentiment rebounded as the US and Iran returned to the negotiating table, lifting all three major indices, with space and technology stocks leading the gains. At the close, the Dow Jones Industrial Average rose 0.59% to 52,182.74 points; the Nasdaq Composite Index gained 2.07% to 25,820.14 points; and the S&P 500 Index rose 1.18% to 7,440.43 points.

TradingKey — On June 29, Eastern Time, Cerebras Systems (CBRS) surged more than 20% at one point. As of press time, it was up 19.36% at $216.75. The latest holdings of Cathie Wood, CEO and CIO of ARK Invest, show that she added over 20,000 shares of CBRS stock last Friday, reflecting her continued optimism in the AI chip sector. Notably, the AI chipmaker, which is regarded as a competitor to Nvidia, has seen its stock price plunge about 40% since its listing, hitting an all-time low of $160.81 last Friday.

TradingKey - On June 29, Eastern Time, Tesla (TSLA) shares reclaimed the $400 mark, rising 5.83% to $401.84 as of press time. Tesla is scheduled to release its second-quarter delivery report this week, with Wall Street investment banks expecting deliveries to beat market expectations.

TradingKey - Shares of space company Rocket Lab (RKLB) surged by over 12% at one point after announcing an $8 billion acquisition of Iridium Communications (IRDM). Under the transaction agreement, Iridium Communications shareholders will receive $27 per share in cash plus Rocket Lab stock, representing a total consideration of approximately $54 per share. The transaction is expected to close in mid-2027.

TradingKey - Amazon (AMZN) begins a critical week as AWS AI demand accelerates, Trainium demand remains strong, and traders watch whether the stock can reclaim $239.

On June 29, Eastern Time, US memory stocks fell collectively after the South Korean government announced its largest-ever investment plan for the semiconductor and artificial intelligence (AI) industries, with SanDisk (SNDK) and Micron (MU) both dropping over 6%. This serves as another new catalyst for the memory sector following Micron Technology's release of optimistic earnings guidance last week. However, judging from today's market reaction, investors do not seem to be buying into it. Meanwhile, reports that Apple and Microsoft's Xbox raised prices on the same day last week have prompted the market to reassess whether the current sharp rise in memory prices driving the chip sector's earnings expansion is coming at the expense of sustained pressure on end-consumer demand.

TradingKey - Apple (AAPL) begins a critical week after rebounding from its memory-cost selloff. Investors now watch whether the stock can reclaim $290 ahead of iPhone 18.

TradingKey - Due to the US Independence Day holiday on July 3, the June non-farm payrolls report, originally scheduled for Friday, will be released early on July 2. Regarded as a "barometer" of the US economy, this data will not only directly influence the Federal Reserve's interest rate decisions in the second half of the year, but could also trigger a new round of volatility in global financial markets.

TradingKey - On June 29, Eastern Time, clear divergences emerged in the statements from both sides regarding whether the US and Iran would hold talks in Doha on the 30th.

TradingKey - SpaceX (SPCX) begins a pivotal week at $155.25 as Nasdaq-100 inclusion on July 7 nears. Forced index buying, low float, and key resistance at $163 could shape the next move.

TradingKey - Nokia (NOK) begins the week at $12.93 after a 7% drop despite AI/Cloud revenue jumping 49% YoY. Q2 earnings, strong order growth, and key support levels are now in focus.

TradingKey - On June 29 Eastern Time, in US premarket trading, the three major stock index futures rose collectively. As of press time, Dow Jones futures rose 0.46%, Nasdaq 100 futures rose 1.19%, and S&P 500 futures rose 0.85%.

TradingKey - Against the backdrop of intensifying global memory chip supply-demand imbalances, TSMC (TSM) is accelerating its localized supply chain substitution plan to reduce its reliance on the three major international memory giants: Samsung, SK Hynix, and Micron (MU).

TradingKey - Samsung, SK Hynix, and Micron, the three chip giants controlling nearly 90% of the global DRAM market share, are facing a class-action lawsuit in a California federal court. The companies are accused of colluding to restrict traditional DRAM production under the guise of a strategic shift to AI High Bandwidth Memory (HBM), driving up prices by approximately 700% over the past four years.

Samsung Group announced a larger-than-expected 2,655 trillion won investment plan, with its stock price poised to rebound and reach new highs.