TradingKey

• Alphabet plans $80 billion equity financing for AI infrastructure. • Investors worry about shareholder value dilution from the large issuance. • Capital expenditures for AI are projected to significantly increase.

• Nvidia's AI chip announcement challenges Intel's PC dominance. • Intel faces profit-taking after a significant stock rally. • Intel announced AI innovations despite foundry challenges.

• ARM shares declined due to profit-taking and valuation concerns. • Analysts raised targets amid strong AI-driven CPU demand. • Stock's rapid ascent and high valuation metrics contributed to decline.

TradingKey - On June 1, Eastern Time, driven by tight demand for memory chips, Micron (MU) shares successfully broke through the $1,000 psychological level. By the close of U.S. trading, Micron’s share price stood at $1,035.68, with its market capitalization rising to approximately $1.18 trillion.

TradingKey — Cloud cybersecurity leader CrowdStrike (CRWD) is scheduled to release its first-quarter fiscal 2027 earnings report after the market close on June 3, ET. Over the past month, the company’s share price has surged by a cumulative 67% as market sentiment heated up significantly, pushing investor expectations for the upcoming report to high levels.

TradingKey - Microsoft Q3 FY2026: $61.9B revenue +13%, Azure +31%, 80%+ of Fortune 500 using Azure AI. $190B 2026 capex commitment. MSFT at $452, Fib 0.618 cleared. Build 2026 today. Target $472.

MicroStrategy and Bitcoin are experiencing a downward spiral; the key to a short-term floor lies in the upcoming release of U.S. ADP and non-farm payroll data.

TradingKey — US stock index futures edged lower in pre-market trading on Tuesday, June 2. Yesterday, US stocks hit fresh record highs as AI themes continued to dominate market sentiment. However, investors remained cautious ahead of this Friday’s non-farm payroll report, while monitoring the impact of Middle East tensions on oil prices and inflation expectations. As of press time, Dow futures were down approximately 0.46%, S&P 500 futures fell about 0.18%, and Nasdaq 100 futures declined roughly 0.1%.

TradingKey - Snowflake stock surged to $280 after a 52% rally in five trading days. Can AI-driven growth and the Snowflake Marketplace push SNOW toward $317?

TradingKey - Google parent Alphabet (GOOGL) announced on Monday the launch of an equity financing plan totaling up to $80 billion, aimed at providing capital for its ambitious AI infrastructure expansion.

Bitcoin's drop below $70,000 will reduce the value of SpaceX's Bitcoin holdings, but it is highly unlikely to derail its IPO process.

TradingKey — According to media reports on June 2, SK Group Chairman Chey Tae-won issued several major signals at the GTC conference in Taipei. He explicitly stated that SK Hynix plans to double its memory chip wafer capacity within the next five years, with the goal of becoming the primary HBM chip supplier for Nvidia’s next-generation AI computing platform, the Vera Rubin system. Furthermore, the company aims to further expand its diversified partnerships in Taiwan.

TradingKey — Recently, silver prices (XAGUSD) have been range-bound between $73.60 and $78.00 due to the fluctuating US-Iran situation. However, as further signals of de-escalation emerge, silver prices may resume their upward trend.

TradingKey — On June 1, Eastern Time, Alphabet, the parent company of Google, announced plans for an equity financing program of up to $80 billion to expand its artificial intelligence computing infrastructure. Berkshire Hathaway will subscribe to $10 billion of the shares through a private placement.

TradingKey - Anthropic announced on Monday that it has confidentially filed for a U.S. IPO, taking the lead over rival OpenAI in the race to go public. According to Reuters, Anthropic’s listing could occur as early as this autumn. Following Anthropic’s filing announcement, the competition between the two has become increasingly concrete: whoever can go public first and seize a favorable market window will be more likely to win the race.

News of Anthropic’s IPO filing fueled a rally in AI cryptocurrencies, with Worldcoin (WLD) leading the gains. The asset is currently entering a technical resistance zone, signaling a potential short-term correction.

TradingKey - On June 1 local time, AI startup Anthropic suddenly announced that it has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), taking a critical step toward going public ahead of its long-standing industry rival, OpenAI.

TradingKey - Japanese and South Korean stock markets closed mixed on Tuesday. The Nikkei 225 Index finished 0.30% lower at 66,734.02, while the KOSPI rose 0.15% to close at 8,801.49.

TradingKey - On June 1, Qualcomm (QCOM) CEO Cristiano Amon stated in his COMPUTEX 2026 keynote that 2026 will be the "Year of the AI Agent" and officially launched Dragonfly, a new brand for data center AI inference chips, marking Qualcomm's comprehensive entry into the data center computing market.

TradingKey - From chips to ecosystems, a platform war is taking shape