TradingKey

TradingKey - Sandisk (SNDK) enters the new week after an 857% rally in 2026. Here's what to watch, including Micron's record quarter, Core PCE, NAND demand, and key risks.

TradingKey - Databricks is currently one of the most highly valued private technology companies globally. Backed by giants including Microsoft (MSFT), Nvidia (NVDA), and Amazon (AMZN), its lead in the AI data platform sector continues to widen.

TradingKey - In the coming week, the market will observe the US Independence Day holiday, and US stock markets will be closed on Friday. Heavyweight macroeconomic data, including the US June non-farm payrolls, will be brought forward to Thursday. Global sportswear giant Nike (NKE) is scheduled to release its fiscal 2026 fourth-quarter and full-year financial results after the US market close on Tuesday, June 30 (Eastern Time).

TradingKey - Strategy (MSTR) heads into the new week holding 847,363 Bitcoin as investors weigh a $7.3B unrealized loss, Core PCE, Bitcoin prices, and the stock's oversold setup.

TradingKey - Heading into the second half of 2026, the gold market has transitioned from a strong performer early in the year to an asset undergoing a high-level correction. Recently, gold prices fell below the $4,000 threshold for the first time since November 2025, down approximately 29% from the all-time high of $5,597.91 reached in January. On the surface, gold seems to have entered a period of distinct weakness. However, looking at the full-year horizon, can gold still rise in 2026? The answer is that while short-term pressure persists, there are still opportunities for a medium-term recovery, and the long-term bullish thesis remains intact.

TradingKey - Two weeks have passed since SpaceX (SPCX) went public on June 12. In just over ten trading days, this largest IPO in history has sent shockwaves through the secondary market. From a frenzied scramble for shares that propelled its market capitalization to $3 trillion, to a sudden onslaught of bearish news triggering a single-day plunge of over 16%, SpaceX has staged a textbook cycle of speculative euphoria and valuation correction. Currently, SpaceX’s stock price has fallen more than 30% from its post-IPO all-time high of $225.64.

TradingKey — On June 22, Eastern Time, US President Trump signed two executive orders at the White House, officially launching the US quantum computing industry acceleration strategy. This injects strong momentum into the development of this cutting-edge field while rapidly igniting capital market enthusiasm for quantum technology concept stocks.

In addition to Coinbase, Cathie Wood holds numerous crypto stocks, including Robinhood, Circle, and Block.

TradingKey - Micron (MU) enters the new week after record Q3 earnings and a healthy pullback. Here's what to watch when markets reopen, including Core PCE and key technical levels.

TradingKey - In June 2026, South Korean memory giant SK Hynix is accelerating its push into Wall Street. The dominant leader in the global HBM (High Bandwidth Memory) market plans to list on Nasdaq by issuing American Depositary Receipts (ADRs) under the ticker symbol "SKHY," in what will be one of the largest U.S. listings by a foreign company in recent years.

TradingKey - NVIDIA (NVDA) enters the new week 17% below its all-time high despite record earnings. Here's what to watch when markets reopen, including Core PCE, Vera Rubin, and key technical levels.

TradingKey - On June 30, Eastern Time, Nike (NKE) will report its fiscal fourth-quarter 2026 financial results. For this earnings report, the market's focus is not only on performance, but also on verifying whether the turnaround plan driven by CEO Elliott Hill is yielding results.

TradingKey - Micron Technology (MU) released a blowout earnings report for the third quarter of fiscal year 2026, with revenue surging 346% year-over-year to $41.5 billion, non-GAAP diluted earnings per share (EPS) reaching $25.11, and its gross margin jumping to 84.9%. All three core metrics set new historic records. The explosive growth in AI memory demand, combined with the implementation of 16 "take-or-pay" Strategic Customer Agreements (SCAs), not only drove a surge in single-quarter performance but also reshaped the company's business model. Following the earnings release, Micron's stock price surged nearly 16% in a single day to hit a new all-time high. Wall Street collectively raised their price targets, and the market generally believes that Micron is in a critical window of transition from a highly cyclical memory manufacturer to a core AI infrastructure asset.

TradingKey - OpenAI may postpone its initial public offering (IPO) until after next year. With the market anticipating weakening demand for AI infrastructure, chip and memory stocks were sold off. The three major indices closed down across the board, with the Nasdaq Composite Index falling for the fifth consecutive day. At the close, the Dow Jones Industrial Average fell 0.09% to 51,876.11 points; the Nasdaq Composite Index fell 0.24% to 25,297.62 points; and the S&P 500 Index fell 0.05% to 7,353.95 points.

TradingKey - In February 2025, SanDisk (SNDK) spun off from Western Digital (WDC) to become an independent, publicly listed company focusing on the NAND flash memory business. Little did anyone expect that this storage manufacturer, whose value was once overshadowed by its parent company's diversification strategy, would go on to create a legend in the US stock market, propelled by the AI wave.

TradingKey - On June 26, Eastern Time, investment sentiment surrounding the AI rally in US stocks shifted, though this anomaly was not apparent at the index level. The three major US indices closed flat today, with the Dow Jones Industrial Average down 0.03% to 51,903.34 points, the Nasdaq Composite down 0.01% to 25,356.26 points, and the S&P 500 up 0.09% to 7,363.84 points. However, at the sector level, weighed down by mounting concerns over the rising costs of artificial intelligence infrastructure, previously strong AI infrastructure stocks stumbled today, with both memory and chip stocks declining.

TradingKey - Under the hawkish pivot of the new Federal Reserve Chairman Warsh, the trading logic for gold has undergone a consequential shift, with several mainstream Wall Street investment banks collectively downgrading their gold price forecasts. Recently, spot gold briefly broke below the $4,000 threshold, hitting a low of $3,959.49. Goldman Sachs lowered its year-end gold target to $4,900, while Deutsche Bank estimated that gold prices could drop to as low as $3,800 under an extreme scenario.

TradingKey - Following the Federal Reserve's release of its June meeting decisions, Minneapolis Fed President Neel Kashkari, a voting FOMC member this year, stated in his latest remarks that he has revised his full-year policy outlook from "one rate cut by year-end" in March to "one rate hike by year-end." This makes him the first core official in the current cycle to explicitly pivot to a rate-hike stance. The shift is primarily driven by the dual escalation of sticky inflation and geopolitical risks. Latest data shows that the Fed's preferred inflation gauge has risen to 4.1%, while core inflation reached 3.4%, both hitting more than two-year highs, with inflation deviating from the 2% target for five consecutive years. Kashkari believes that energy prices driven up by the Middle East conflict are unlikely to retreat rapidly, and there is insufficient certainty regarding compliance with the U.S.-Iran ceasefire agreement. With geopolitical supply risks yet to be fully cleared, upward pressure on inflation persists.

TradingKey - Vessel transit has resumed through the Strait of Hormuz, significantly cooling concerns over crude oil supply disruptions in the Persian Gulf. Catalyzed by the easing of geopolitical risks, international oil prices have retreated to a four-month low, with the previously accumulated geopolitical risk premium rapidly unwinding. The latest reports indicate that Saudi Arabia is increasing its crude oil shipments while boosting loading volumes at its Red Sea ports. Reportedly, the Port of Ras Tanura, which was shut down due to conflict, has restarted crude oil loading operations, with Very Large Crude Carriers (VLCCs) docking to load cargo—marking the port's first return to normal operations since March. Meanwhile, the Port of Yanbu on the Red Sea remains highly active, with all seven of its crude oil berths operating at full capacity for the first time, driving a continuous month-on-month increase in export volumes.

TradingKey - During Asian trading hours on June 26, SoftBank Group's stock price plummeted by over 14% intraday before closing down more than 12% at 6,226 yen, wiping out nearly 5.6 trillion yen in market value in a single day. The decline was triggered by reports that OpenAI, in which SoftBank holds a heavy $65 billion stake, has postponed its IPO as its financial deficit continues to widen. This sell-off comes shortly after SoftBank CEO Masayoshi Son asserted in an exclusive interview with CNBC: "The next golden track to birth a trillion-dollar company will be physical AI and humanoid robots."