TradingKey

Tradingkey - On June 5, the U.S. Bureau of Labor Statistics released May non-farm payrolls data that significantly exceeded market expectations, indicating that the U.S. labor market remains resilient. Impacted by this, spot gold broke below the $4,400 mark. As of press time, gold was down 2.23% at $4,375.4, marking its lowest price since March 27.

TradingKey - JPMorgan (JPM) has upgraded Tesla (TSLA) from "Underweight" to "Neutral" and significantly raised its price target from $145 to $475, an increase of over 227%.

TradingKey - On June 5, Eastern Time, the latest employment report released by the U.S. Bureau of Labor Statistics showed that U.S. nonfarm payrolls increased by 172,000 in May, significantly higher than market expectations. Economists had generally expected an addition of approximately 85,000 jobs for May; the actual data significantly exceeded expectations, indicating that the U.S. labor market remains resilient.

Jensen Huang announced that SK Hynix, Samsung Electronics, and Micron have secured new production authorizations; however, AI stocks fell broadly, reflecting waning investor enthusiasm for the AI boom.

Ethereum prices have hit a one-year low, with historical data suggesting a potential further decline toward the $1,000 level.

TradingKey - Apple WWDC June 8–12. Q2 FY2026: $111.2B revenue, iPhone $57B +22%, Services $31B ATH. 2.2B active devices. AAPL at $310.67, ascending trendline support. Target $316.92.

TradingKey - In pre-market trading on Friday, June 5, the three major U.S. stock index futures diverged as technology and chip stocks came under significant pressure while investors awaited the release of the U.S. May non-farm payrolls report. As of press time, Dow futures rose 0.19%, S&P 500 futures fell 0.38%, and Nasdaq 100 futures declined 0.96%.

An infinite token minting vulnerability in Zcash caused ZEC prices to plummet by over 50% today, triggering a broad sell-off across the privacy coin sector.

TradingKey - On the afternoon of June 5 (Seoul time), NVIDIA (NVDA) CEO Jensen Huang arrived at Seoul Gimpo International Airport from Taiwan. Immediately upon landing, he shared a significant prediction with the media and public, stating that robotics will become South Korea's next major industry.

TradingKey - On June 4 local time, SpaceX, the rocket and AI company owned by the world's richest person Elon Musk, officially launched the largest IPO roadshow in history.

TradingKey - On June 5 ET, silver (XAGUSD) prices came under intraday pressure due to the impact of stalled U.S.-Iran negotiations, at one point falling to near $71. Notably, the U.S. May non-farm payroll data is scheduled for release today; will it be enough to reverse silver’s downward trend?

TradingKey - During the June 5 Asian trading session, Bitcoin extended its multi-day slide, falling more than 3.5% within 24 hours. It briefly dipped below $62,000 during intraday trading, hitting a low of $61,100. Since its recent peak of $82,500 on May 6, Bitcoin has recorded a cumulative three-week decline of approximately 26%. As of press time, Bitcoin was trading at $62,688. With a weekly decline exceeding 16%, it is on track for its largest single-week drop since November 2022.

Bitcoin’s rebound remains weak as the market plunges into extreme fear, with pessimistic forecasts projecting a decline to $30,000.

TradingKey - During the Asian trading session on June 5, global AI and semiconductor sectors faced selling pressure as Broadcom's (AVGO) AI business earnings guidance fell short of expectations. Panic sentiment quickly spread to Asia-Pacific markets, with both Japanese and South Korean stock markets declining.

TradingKey - On June 12, Eastern Time, SpaceX will list on Nasdaq with a valuation of $1.77 trillion, raising $75 billion and setting a new global IPO record. However, on the eve of the IPO, S&P was the first to shut the door. On June 4, S&P explicitly refused to modify fast-track inclusion rules for mega-IPOs like SpaceX.

TradingKey - Optical networking equipment maker Ciena (CIEN.US) delivered an impressive earnings report for the second quarter of fiscal 2026; however, the market "voted with its feet," sending the stock price down nearly 14%.

TradingKey - On June 4, Eastern Time, U.S. Democratic Senator Elizabeth Warren formally invited NVIDIA (NVDA) CEO Jensen Huang to testify at a Senate Banking Committee hearing on June 11 regarding NVIDIA’s operations in China, U.S. export control policies, and AI chip sales.

TradingKey — On June 4 (ET), digital news platform NOTUS reported, citing three people familiar with the matter, that senior U.S. officials have held preliminary talks with several major artificial intelligence companies. The central focus of these discussions is whether the government could take equity stakes in these firms. The plan is currently ongoing, and specific details remain subject to change.

TradingKey - Broadcom (AVGO) reported AI business earnings guidance that fell short of expectations, triggering a sell-off in tech and chip stocks as capital rotated into previously underperforming sectors such as healthcare and finance. Meanwhile, the Dow Jones Industrial Average bucked the trend t

TradingKey — During the Asia trading session on June 5, the Korea Composite Stock Price Index (KOSPI) saw its decline rapidly widen to over 6%. The Korea Exchange triggered a circuit breaker mechanism for the KOSPI after KOSPI 200 futures fell by 5%, suspending program trading for five minutes.