TradingKey

TradingKey - On July 1, Eastern Time, gold (XAUUSD) surged past $4,100 at one point, reclaiming a near one-week high. As of press time, it was up 2.27% to trade at $4,098 per ounce. Newly appointed Fed Chairman Warsh stated on Wednesday that both inflation expectations and inflation risks have declined in recent weeks.

• Profit-taking and technical consolidation triggered intraday downward volatility for TSM stock. • April and May sales growth slightly missed aggressive Wall Street expectations. • High capital expenditure for advanced nodes creates potential short-term margin compression risks.

• Shopify increased its share repurchase authorization by three billion dollars. • AI-enabled product updates and Shop Pay expansion are driving revenue growth. • Benetton Group migration confirms Shopify’s capability for large-scale enterprise operations.

• Applied Materials stock declined due to profit-taking and historically high valuation levels. • Institutional insiders have recently executed significant stock liquidations following a strong price rally. • Technical indicators suggest the stock is currently in overbought territory despite robust fundamentals.

• Micron shares declined today due to profit-taking and broader market volatility. • Analysts debate valuation risks despite strong revenue growth from artificial intelligence demand. • Competition concerns increased following news regarding rival SK Hynix’s potential U.S. listing.

• Meta plans to launch a cloud infrastructure business to sell excess computing capacity. • Consolidation of advertising privacy settings will improve ad personalization and long-term conversion rates. • Meta reported annual revenue of $200.97 billion and a net profit of $60.46 billion.

TradingKey - AMD trades at $575 after Q1 revenue rose 38% to $10.25B. Data Center reached $5.8B, MI450 demand exceeded forecasts, and a breakout targets $607.50.

• Watsco Class B share volatility stems from technical factors and low trading liquidity. • Dividend declarations and recent acquisitions represent stable, long-term strategic growth initiatives. • Technical indicators for Class B shares remain largely neutral despite recent intraday price swings.

TradingKey - On July 1, Eastern Time, Meta Platforms (META) saw its share price surge shortly after the market opened, rising over 8% to log its largest intraday gain in nearly two months. As of press time, Meta was up 7.74% at $606.88. [Source: Futu] On the news front, according to media reports, Meta is building a cloud business and plans to lease out its surplus AI computing power and model access.

• Lower Eurozone inflation data reduced expectations for extended European Central Bank interest rate hikes. • Resilient US labor market data strengthened the dollar by supporting restrictive Federal Reserve policies. • Widening interest rate differentials between US and European bonds drove capital toward the dollar.

TradingKey - Against the backdrop of increasingly fierce competition in the global new energy vehicle market, Chinese automaker BYD is reclaiming its position from Tesla (TSLA) as the global leader in pure electric vehicle sales by accelerating its expansion into overseas markets.

TradingKey - Circle (CRCL) plunged 17.5% after a rival stablecoin launch. USDC circulation reached $73.7B, but growing competition puts its reserve-income model under pressure.

TradingKey - Data released by Automated Data Processing (ADP) on Wednesday showed that US private sector employment increased by 98,000 in June, lower than the market expectation of 118,000, down from the previous value of 122,000. This marks the lowest increase since March this year.

TradingKey - UiPath (PATH) trades at $10.87 after its first-ever GAAP profit. AI featured in 16 of its top 20 deals, with AI expansions 6x larger. Target $12.60.

TradingKey - As the temporary US-Iran peace agreement took effect and shipping through the Strait of Hormuz gradually returned to normal, international crude oil prices plunged nearly 30% in the second quarter, recording the largest single-quarter decline since 2020, following a first-quarter surge triggered by geopolitical conflicts.

TradingKey - On July 1, Eastern Time, the three major US stock index futures fell collectively in pre-market trading. As of press time, Dow Jones Industrial Average futures fell 0.24%, S&P 500 Index futures fell 0.17%, and Nasdaq 100 Index futures fell 0.39%. Overall market sentiment was weak, with the semiconductor and memory sectors acting as the main drag on the broader market.

TradingKey — During the Asian trading session on July 1, SoftBank announced that it had completed an additional $10 billion investment in OpenAI through its Vision Fund 2. This marks the second installment of its previously announced $30 billion follow-on investment plan. According to the plan, the final investment of $10 billion is scheduled to be completed on October 1.

TradingKey - After the market closed on June 30 local time, Nike Inc. (NKE) released its fourth-quarter and full-year financial results for fiscal year 2026. Data showed that fourth-quarter global revenue reached $11 billion, beating market expectations, while full-year revenue stood at $46.4 billion, flat compared to the same period last year.

• Increased global oil supply from Iran and Russia drives downward pressure on WTI prices. • OPEC+ production hikes and cooling demand forecasts signal a transition to market oversupply. • Persistent inflation and high interest rates continue to constrain industrial demand for fuel.

TradingKey - As of the European trading session on July 1, the price of Bitcoin (BTC) fluctuated around $58,700. It hit a new year-to-date low of $57,800 earlier in the day before staging a modest recovery, though it still failed to reclaim the $60,000 threshold. From a technical perspective, Bitcoin prices have trended downward recently, dragged down by continuous outflows from Bitcoin ETFs. Year-to-date, Bitcoin has accumulated a decline of 33%.