TradingKey

TradingKey - On June 29 local time, Rocket Lab, founded by Peter Beck, announced that it has completed the acquisition of established satellite communications operator Iridium for $8 billion in a cash-and-stock transaction, marking the largest M&A deal in the global commercial space sector in 2026.

TradingKey - As June draws to a close, market focus is shifting to the upcoming US non-farm payrolls (NFP) data for June, scheduled for release this Thursday (July 2). The release of this NFP report has been moved forward to Thursday as US markets will be closed on Friday (July 3) in observance of the Independence Day holiday.

Japanese and South Korean stock markets rallied in tandem, with the Nikkei 225 Index reclaiming the 70,000-point mark. Samsung Electronics surged over 4%, while SK Hynix, SoftBank, and Kioxia followed suit.

TradingKey - During the Asian session on June 30, the Taiwan stock market marked its final trading day of the first half of 2026. The Weighted Index closed up 1,126.01 points, or 2.5%, at 46,125.91 points on Tuesday. For the first half of the year, the index recorded a cumulative gain of nearly 60%, starting from 28,963 points at the end of last year.

With US-Iran negotiations and non-farm payrolls data approaching, Bitcoin's range-bound trend is set to break, with a potential drop to $50,000.

TradingKey - As of the Asian trading session today (June 30), gold (XAUUSD) extended its recent downward trend, with intraday prices briefly falling below $4,000 to hit a new year-to-date low of $3,942.50. The primary reasons for today's decline in gold are: uncertainty surrounding the US-Iran situation has heightened inflation expectations, while the non-farm payrolls data to be released this Thursday may reduce market liquidity, further putting pressure on the upward movement of gold prices.

Although the rebound in SpaceX and AI stocks has created a favorable external environment to drive OpenAI's listing 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.