TradingKey

• Macroeconomic tightening and Federal Reserve hawkishness are pressuring Solana’s price performance. • Institutional demand for leveraged Solana products has cooled, resulting in significant capital outflows. • Robust on-chain DeFi metrics are currently overshadowed by bearish derivatives market positioning.

• XRP prices declined due to broad cryptocurrency market weakness and reduced risk appetite. • Legislative gridlock regarding US crypto regulation has dampened investor sentiment and risk exposure. • Technical indicators suggest a sell signal despite signs of being in oversold territory.

• Ethereum faces structural headwinds due to persistent spot ETF net outflows. • Ethereum Foundation restructuring and protocol upgrade delays have slowed developmental momentum. • Elevated interest rates and competition from Solana continue to pressure Ethereum valuation.

TradingKey - As of the Asian trading session today (June 30), gold (XAUUSD) extended its recent downward trend, with intraday prices briefly falling below $4,000 to hit a new year-to-date low of $3,942.50. The primary reasons for today's decline in gold are: uncertainty surrounding the US-Iran situation has heightened inflation expectations, while the non-farm payrolls data to be released this Thursday may reduce market liquidity, further putting pressure on the upward movement of gold prices.

Although the rebound in SpaceX and AI stocks has created a favorable external environment to drive OpenAI's listing this year as scheduled, its own losses still cannot be ignored.

Charter stock is recovering as the $34.5B Cox merger nears completion. Can CHTR overcome broadband losses and build momentum before July earnings?

TradingKey - On June 29 (ET), US stock markets rose across the board, supported by a rebound in tech stocks and a temporary cooling of tensions in the Middle East. AI and mega-cap tech stocks, which had previously been under continuous pressure, staged a corrective rally, driving the Nasdaq Composit

Comcast stock trades near support as Peacock nears profitability, broadband trends improve, and investors look to July earnings for the next CMCSA catalyst.

The KOSPI and Nikkei 225 both opened higher, led by gains in Samsung Electronics and SK Hynix, with SoftBank and Kioxia also tracking higher.

• Honeywell completed the spin-off of its Aerospace Technologies business into an independent entity. • The parent company executed a one-for-two reverse stock split following the division. • Valuation dropped due to revenue loss, index rebalancing, and complex corporate restructuring mechanics.

• Dell maintains a lead in AI infrastructure with high-density server product growth. • Strong quarterly earnings and AI server demand support a positive long-term outlook. • High valuations, insider selling, and potential margin dilution contribute to intraday price volatility.

• Analysts raised Teradyne price targets citing strong semiconductor and AI infrastructure demand. • Teradyne secured a $140 million defense contract for diagnostic automatic test systems. • Nasdaq-100 inclusion and technical rebalancing caused significant intraday stock price volatility.

• Astera Labs joined the Nasdaq-100 Index, triggering passive investment fund purchasing. • Quarterly revenue nearly doubled, driven by strong demand for AI connectivity solutions. • Analysts increased price targets following global operational expansion and strong financial performance.

TradingKey - On Monday, June 29, Eastern Time, market sentiment rebounded as the US and Iran returned to the negotiating table, lifting all three major indices, with space and technology stocks leading the gains. At the close, the Dow Jones Industrial Average rose 0.59% to 52,182.74 points; the Nasdaq Composite Index gained 2.07% to 25,820.14 points; and the S&P 500 Index rose 1.18% to 7,440.43 points.

• Sony shares rebounded following management's commitment to profitable next-generation console pricing strategies. • Investors responded positively to potential expansion into the portable gaming hardware market. • Sony Pictures secured global distribution deals to leverage intellectual property for revenue growth.

• Oppenheimer downgraded AT&T from Outperform to Perform citing increased competition from satellite broadband. • Analysts expressed concerns regarding lower fiber penetration rates and potential legacy lead cable liabilities. • AT&T announced the retirement of its Chief Financial Officer effective at year-end.

• Verizon stock declined following its removal from the Dow Jones Industrial Average. • The company expects significant second-quarter losses from restructuring and asset rationalization charges. • Verizon committed $3.2 billion to acquire spectrum licenses amid increasing satellite service competition.

• Raymond James initiated AppLovin coverage with a Strong Buy rating and bullish price target. • Transitioning the AXON AI engine to a public model introduces growth and operational risks. • AppLovin reports $5.48 billion in annual revenue within the software and IT services industry.

• Analysts raised Marvell's price targets citing strong growth in AI and networking infrastructure. • UBS highlighted potential market gains from high-speed Compute Express Link connection technologies. • Marvell reports $8.19 billion in annual revenue and maintains a neutral technical outlook.

TradingKey — On June 29, Eastern Time, Cerebras Systems (CBRS) surged more than 20% at one point. As of press time, it was up 19.36% at $216.75. The latest holdings of Cathie Wood, CEO and CIO of ARK Invest, show that she added over 20,000 shares of CBRS stock last Friday, reflecting her continued optimism in the AI chip sector. Notably, the AI chipmaker, which is regarded as a competitor to Nvidia, has seen its stock price plunge about 40% since its listing, hitting an all-time low of $160.81 last Friday.