TradingKey

TradingKey - On June 24, the two major crude oil futures plunged again after U.S. President Trump stated that no fees would be charged in the Strait of Hormuz. Trump claimed that Iran has not sought or collected any tolls, insurance fees, or any other form of fees for vessels transiting the Strait of Hormuz. If this information proves untrue, negotiations will terminate immediately! He also stated that the U.S. has not provided any funds to Iran, nor has it released any funds to them. We will release a portion of the funds under our complete control for our farmers and ranchers to purchase products such as corn, wheat, and soybeans.

TradingKey - US stocks suffered another sharp sell-off yesterday, with the Nasdaq Composite Index closing down 2.21%, the Nasdaq 100 ETF (QQQ) falling 3.29%, and the Philadelphia Semiconductor Index plunging 7.87% in a single day. This decline was dragged down by leading tech stocks; yesterday, Micron plummeted 13.18% to close at $1,051.77. The market views the memory chipmaker's upcoming earnings report as a "litmus test" for the AI industry chain, which will influence investors' judgments on the AI hardware chain, semiconductor industry prosperity, memory price hike cycles, and the valuations of high-flying tech stocks. There is widespread market concern over the risk of excessive upward revisions in earnings expectations. If valuations have already priced in the positive earnings outlook in advance, even outstanding financial results could trigger a "sell-the-news" sell-off once the earnings materialize. Broadcom's (AVGO) stock price movement on June 4 serves as a classic reference case under this logic.

TradingKey - On June 24, Eastern Time, global commodity markets experienced a broad sell-off, with precious metals and crude oil prices plunging in tandem. Spot gold (XAUUSD) fell over $100 intraday, breaking below $4,000 per ounce. As of press time, spot gold was trading at $3,968.62 per ounce, down 3.46%. Gold has fallen over 25% from its peak near $5,600 in January this year.

TradingKey - "Nvidia challenger" Cerebras (CBRS) extended its post-market losses from the previous session in Wednesday's pre-market trading, with its stock price plunging over 12% at one point.

TradingKey - SpaceX stock trades near $156 after a $25 billion bond offering attracted $89 billion in demand. With the bridge-loan risk removed and RSI oversold, investors are assessing whether SPCX's 31% pullback has gone too far.

TradingKey - On June 24, Eastern Time, in U.S. pre-market trading, the three major stock index futures rose across the board. As of press time, Dow futures were up 0.06%, Nasdaq 100 futures rose 0.52%, and S&P 500 futures rose 0.27%.

TradingKey - IBM stock rebounds to $264 after a ServiceNow AI partnership and OpenAI-linked security launch. With a $12.5 billion AI backlog and EMA50 resistance at $267, investors are watching for a breakout toward $280.

TradingKey - Global memory chip giant Micron Technology (MU) is about to release its fiscal Q3 2026 earnings report, while capital market sentiment has already turned tense in advance. Just the previous day, Micron's stock price suffered a sharp decline of 13.2%, but today's pre-market trading showed the stock rising 4.66% to $1,100.

TradingKey - On June 24, Seoul time, South Korea postponed the launch of its weekly individual stock options program, originally scheduled for June 29, which includes SK Hynix and Samsung Electronics. On the same day, Samsung Electronics stated that it is considering repurchasing approximately 90 trillion won of shares to distribute employee bonuses.

TradingKey - As of today's European session (June 24), gold prices (XAUUSD) maintained a weak downward trend intraday, hitting a near two-week low of $4,050 during the session, indicating clear short-term bearish sentiment in the market. As of press time, gold was trading at $4,077.77, down 0.78% on the day.

Ripple CEO Brad Garlinghouse stated that a public listing could include special arrangements for XRP holders, but why has the price of XRP failed to rise significantly?

TradingKey - During the Asian trading session on June 24, SK Hynix officially submitted a securities registration statement to South Korea's Financial Supervisory Service, initiating the listing process for its American Depositary Receipts (ADRs) on Nasdaq. SK Hynix plans to raise up to 45 trillion won (approximately $29 billion) through the ADR issuance, with the proceeds to be used for domestic capacity expansion and the procurement of key equipment in South Korea.

TradingKey - On June 24, Eastern Time, ASML and the Netherlands Organisation for Applied Scientific Research (TNO) announced a partnership to jointly advance the industrialization of photonic integrated circuits. The two parties will engage in technical collaboration centered around TNO's photonic chip pilot line constructed at the High Tech Campus Eindhoven.

TradingKey — On June 23, Eastern Time, AI chipmaker Cerebras Systems (CBRS) released its first post-IPO earnings report. Despite revenue figures significantly beating expectations, bleak earnings guidance dragged its stock down sharply in after-hours trading.

The Nikkei 225 Index extended its losses, while South Korea's KOSPI Index staged a sharp rebound, driven primarily by Samsung Electronics and SK Hynix.

TradingKey - While the world watches the Fed, the Treasury has been quietly rewriting the rules of the game.

TradingKey - On June 24, Eastern Time, according to four people familiar with the matter, Qualcomm (QCOM) is in talks with ByteDance regarding custom chip design services. If negotiations succeed, ByteDance will become an early customer of Qualcomm's chip design services business.

Following Samsung Electronics, SK Hynix is accelerating its ADR process, boosting its stock price and driving an afternoon V-shaped recovery in the KOSPI index.

TradingKey - On Tuesday (June 23) Eastern Time, dragged down by the collapse of the semiconductor sector in the South Korean stock market, US tech stocks experienced a notable pullback, particularly exerting a direct sentiment transmission on US memory chip and AI hardware chains.

The South Korean stock market staged a powerful rebound, led by Samsung Electronics, which surged over 7% on news of its share buyback.