TradingKey

TradingKey - Japanese and South Korean stock markets closed lower during the Asian session on May 28. The Nikkei 225 Index fell 0.47% to 64,693.05 points, while the KOSPI Index dropped 0.53% to 8,185.29 points.

TradingKey - On May 27, Bloomberg reported that copper trading activity has intensified as market expectations rise regarding potential tariffs on copper under a Trump administration, prompting traders to ship copper inventories to the U.S. Currently, near-month COMEX copper futures prices have been pushed to a premium of over $500 per ton compared to LME spot prices, marking the first time this level has been surpassed since last autumn.

SpaceX is set to list on Nasdaq at a $1.75 trillion valuation, making it the largest IPO in history, and will automatically be included in index funds such as the QQQ on its 15th trading day post-listing. This article deconstructs the details left unsaid in the prospectus: $41.3 billion in accumulated losses, the regulatory vacuum surrounding the xAI acquisition, circular related-party transactions between Elon Musk’s inner circle and Tesla, suspicious rule revisions by Nasdaq, a nearly $1 trillion compensation package, and why Starship—the pillar of the entire valuation—continues to explode.

TradingKey - During the Asian trading session on May 28, Dell Technologies (DELL.US) shares rose over 5% in U.S. overnight trading, extending a strong performance that has seen its year-to-date gain reach 140%. The rally was directly driven by news that Dell secured a $9.7 billion defense contract from the U.S. Pentagon.

TradingKey - During the Asian trading session on May 28, spot gold briefly fell below $4,400, hitting a low of $4,396.91, its lowest level since March 27. Gold futures also declined, with U.S. gold futures for August delivery dropping to $4,431 on May 27.

TradingKey - Japanese and South Korean stock markets both opened lower during the Asian session on May 28. South Korea's KOSPI Index opened down 78.27 points, or 0.95%. Yesterday, the index closed at a record high of 8288.7 points, marking its fourth consecutive trading day of gains.

TradingKey - The S&P 500 edged up 0.02% to 7,520.36, while the Nasdaq Composite added 0.07% to 26,674.73, supported by sustained enthusiasm for chip stocks. The Dow Jones Industrial Average rose 0.36% to 50,644.28, closing at a fresh record as investors rotated into blue‑chip names.

Tradingkey - Snowflake (SNOW) shares surged over 35% in after-hours trading following the announcement of a new partnership with Amazon AWS and its first-quarter earnings results. As of press time, the stock remained up 33% at $233.1. Snowflake reported its fiscal first quarter 2027 results, with revenue reaching $1.39 billion, up 33% year-over-year. Net revenue retention stood at 126%. Furthermore, remaining performance obligations (RPO) were $9.21 billion, up 38% year-over-year; there were 779 customers with trailing 12-month product revenue exceeding $1 million, a 29% year-over-year increase. Snowflake also provided strong guidance, forecasting a second-quarter adjusted operating margin of 12.5% and product revenue between $1.415 billion and $1.42 billion, surpassing market expectations of 11.9% and $1.37 billion, respectively.

Tradingkey - On May 27, Eastern Time, Marvell Technology (MRVL) released its fiscal first quarter 2027 financial results during post-market trading, reporting revenue that exceeded market expectations. During the period, Marvell’s Q1 revenue reached a record high of $2.418 billion, compared to $1.89

• Rocket Lab passed Space Development Agency review for $816 million contract. • Rocket Lab acquired Motiv Space Systems, enhancing robotics capabilities. • Analysts maintain positive ratings with an average price target of $98.46.

• Global crude oil price decline pressured TotalEnergies' share price. • Mozambique LNG project faces government cost dispute and potential delays. • Lingering risk of a French windfall tax impacts company outlook.

• Union Pacific's stock rose due to strong first-quarter performance and analyst upgrades. • Recent analyst price targets suggest further upside for UNP's stock. • Intraday volatility stems from valuation concerns, insider selling, and regulatory news.

• Marriott exceeded Q1 2026 earnings expectations, raising full-year guidance. • Analysts increased price targets and maintained "Buy" ratings on Marriott. • Marriott increased its dividend and continued share repurchases.

• VNET's Q1 2026 revenues increased 19.8%, with IDC revenues up 27.0%. • Strategic investors CATL affiliates to acquire a significant stake in VNET. • Company maintains full-year 2026 guidance, despite Q1 net loss.

• Meta launched subscription services for Meta AI and premium app versions. • Advertising revenue increased due to higher impressions and ad prices. • Analysts maintain a "Strong Buy" rating with high price targets.

• Baker Hughes stock declined due to falling crude oil prices. • Analyst downgrades and price target adjustments impacted BKR. • CEO insider selling and geopolitical factors pressured BKR shares.

• Sea Limited's stock rose on positive financial results and analyst ratings. • E-commerce and digital financial services drove Q1 2026 revenue growth. • Analysts maintain a "Strong Buy" rating with an average price target of $141.50.

• Zscaler's Q3 results beat expectations, but guidance disappointed investors. • Lowered free cash flow margin due to increased capital expenditures. • Management changes and competition contributed to cautious outlook.

• UMC shareholders approved NT$4.68 billion in capital investments for facility acquisition. • UMC's 12nm chip program with Intel is on schedule for 2027 mass production. • UMC reported strong Q1 2026 earnings with year-over-year net income increase.

• GM's Q1 2026 earnings beat expectations; guidance raised. • Company authorized $6B repurchase, increased dividend. • EV strategy adjusted for profitability and demand.