TradingKey

TradingKey - SK Group Chairman Chey Tae-won met with TSMC (TSM) Chairman C.C. Wei on Wednesday during COMPUTEX Taipei. The two parties reached a consensus on next-generation AI technology trends and agreed to expand cooperation in High Bandwidth Memory (HBM) and advanced packaging. According to information disclosed on SK hynix's official website, the two sides will integrate SK hynix's HBM technology with TSMC's advanced packaging processes.

TradingKey - The latest conflict between the United States and Iran pushed up oil prices, ending a winning streak in the stock market. The Dow Jones Industrial Average fell 1.21%; the Nasdaq Composite Index fell 0.89%; and the S&P 500 Index fell 0.73%. The three major indexes had previously hit reco

TradingKey - On June 3, Eastern Time, cybersecurity firm CrowdStrike (CRWD) released its first-quarter fiscal year 2027 earnings report after the market close. As of publication, the company's share price fell 11.09% to $664.71. During the period, CrowdStrike reported revenue of $1.39 billion, a 26% year-over-year increase, exceeding market expectations of $1.36 billion. Subscription revenue rose 26% year-over-year to $1.32 billion, representing the company's primary revenue source.

TradingKey - On June 3 (ET), Broadcom (AVGO) shares fell more than 8% in after-hours trading following the release of its fiscal 2026 second-quarter earnings report. As of publication, the stock remained down 5.33% at $453.70. During the period, Broadcom’s revenue rose 48% year-over-year to a record high of $22.187 billion, though it missed the market expectation of $22.27 billion.

TradingKey - On June 3, ET, all three major U.S. stock indices were under pressure due to a rebound in Treasury yields, with technology stocks retreating across the board. At the close, the Dow Jones Industrial Average fell 1.21% to 50,687.87 points; the S&P 500 Index dropped 0.73% to 7,553.86 points; and the Nasdaq Composite Index declined 0.89% to 26,853.98 points.

• Consumer credit card delinquency rates reached 13%. • Inflation at 3.8% year-over-year outpaces wage growth. • Stock sentiment is bearish, trading near one-year low.

• European Commission approved IMDYLLTRA for small cell lung cancer. • New data presented on UPLIZNA and TAVNEOS at EULAR 2026. • Amgen exceeded Q1 2026 earnings and raised full-year guidance.

• Boeing shares fell due to operational issues and program delays. • 777X certification likely extends into 2027; 737 MAX 7 near approval. • NASA reviewing Starliner program; financial strength rated low.

• Comcast increased debt tender offer maximum consideration to $4.14 billion. • Investors see debt repayment as competing with shareholder returns. • Large theme park investment may also impact stock.

• Key executives sold substantial portions of Datadog stock. • Elevated valuation and high expectations contribute to stock decline. • Broader market caution and bearish sentiment impacted the stock.

• Capital One missed Q1 2026 EPS and revenue estimates. • Institutional investors Natixis and BNY Mellon reduced COF holdings. • Analysts maintain "Moderate Buy" ratings with upside price targets.

• Honeywell stock declined June 3, 2026, amid aerospace spin-off. • Investor Day for spin-off may have influenced stock performance. • Analyst ratings and institutional adjustments affected Honeywell.

• Medtronic reported strong Q4 FY26 revenue exceeding expectations. • Company announced dividend increase and optimistic FY27 outlook. • Strategic moves include FDA filings, acquisitions, and investments.

• PDD Holdings stock declined due to earnings miss and increased investments. • Regulatory scrutiny and a European Commission fine impacted PDD's platforms. • Geopolitical trade tensions and potential U.S. tariffs add further uncertainty.

• Truist downgraded Accenture to "Hold" amid industry concerns. • Client budget constraints shift spending to lower-margin projects. • Contract termination impacts Accenture's U.S. federal business.

• Analog Devices reported strong Q2 2026 results, exceeding expectations. • Acquisition of Empower Semiconductor enhances AI power management. • Positive analyst sentiment and favorable industry tailwinds support growth.

• Verizon faces threats from SpaceX's Starlink expansion. • Company missed subscriber targets amid existing growth concerns. • Oppenheimer report highlights competitive pressures on Verizon.

• ServiceNow stock correction follows strong rally and guidance. • Geopolitical tensions, inflation concerns impact tech sector. • Analyst concerns on margins and deal delays affect sentiment.

• Rio Tinto shares fell due to lower iron ore prices. • Analysts downgraded Rio Tinto stock due to valuation concerns. • Strong copper prices were offset by iron ore price weakness.

• KLA's Q3 results beat expectations, with optimistic future guidance. • AI infrastructure and advanced packaging drive significant growth for KLA. • Stock split and increased shareholder returns bolster investor confidence.