TradingKey

• Qualcomm will acquire AI startup Modular for approximately 4 billion dollars in stock. • Proposed share issuance for the acquisition triggered concerns regarding near-term shareholder dilution. • Elevated valuations and a broader semiconductor sector sell-off drove significant downward price volatility.

TradingKey - On June 24, Eastern Time, global commodity markets experienced a broad sell-off, with precious metals and crude oil prices plunging in tandem. Spot gold (XAUUSD) fell over $100 intraday, breaking below $4,000 per ounce. As of press time, spot gold was trading at $3,968.62 per ounce, down 3.46%. Gold has fallen over 25% from its peak near $5,600 in January this year.

TradingKey - "Nvidia challenger" Cerebras (CBRS) extended its post-market losses from the previous session in Wednesday's pre-market trading, with its stock price plunging over 12% at one point.

• Regulatory uncertainty in the European Union negatively impacts BNB price and market access. • Global macroeconomic conditions and reduced liquidity are curbing institutional capital inflows into BNB. • Technical indicators suggest a sell signal despite resilient underlying network revenue and utility.

TradingKey - SpaceX stock trades near $156 after a $25 billion bond offering attracted $89 billion in demand. With the bridge-loan risk removed and RSI oversold, investors are assessing whether SPCX's 31% pullback has gone too far.

• Monetary policy divergence between the Federal Reserve and SNB drives USDCHF upward trajectory. • Hawkish Federal Reserve interest rate expectations and robust U.S. economic data support the dollar. • The Swiss National Bank maintains zero interest rates, weakening the franc against the dollar.

TradingKey - On June 24, Eastern Time, in U.S. pre-market trading, the three major stock index futures rose across the board. As of press time, Dow futures were up 0.06%, Nasdaq 100 futures rose 0.52%, and S&P 500 futures rose 0.27%.

TradingKey - IBM stock rebounds to $264 after a ServiceNow AI partnership and OpenAI-linked security launch. With a $12.5 billion AI backlog and EMA50 resistance at $267, investors are watching for a breakout toward $280.

TradingKey - Global memory chip giant Micron Technology (MU) is about to release its fiscal Q3 2026 earnings report, while capital market sentiment has already turned tense in advance. Just the previous day, Micron's stock price suffered a sharp decline of 13.2%, but today's pre-market trading showed the stock rising 4.66% to $1,100.

• Bitmine Immersion Technologies acquired over 35,000 Ether, holding 4.7% of the circulating supply. • Ethlabs launched to drive institutional adoption following Ethereum Foundation staff reductions. • Ethereum stabilized above key support levels after reaching oversold technical conditions.

• The US dollar strengthened against the Mexican peso due to diverging monetary policy paths. • Mexico faces economic stagnation risks following downward revisions to domestic growth forecasts. • Trade-related political uncertainty surrounding the US-Mexico-Canada Agreement weighs on the peso.

• Higher interest rates and a stronger dollar have triggered institutional selling of palladium. • Projected global surpluses through 2027 are weighing on the metal's market outlook. • The transition to electric vehicles reduces long-term demand for palladium-based catalytic converters.

TradingKey - On June 24, Seoul time, South Korea postponed the launch of its weekly individual stock options program, originally scheduled for June 29, which includes SK Hynix and Samsung Electronics. On the same day, Samsung Electronics stated that it is considering repurchasing approximately 90 trillion won of shares to distribute employee bonuses.

• Hawkish Federal Reserve policy and a stronger US dollar decreased platinum’s investment appeal. • Easing geopolitical tensions reduced inflation-hedging premiums, prompting institutional investors to unwind defensive positions. • Increased mine production and lower industrial demand created the first quarterly platinum surplus.

• US natural gas futures rose ahead of the upcoming weekly inventory report. • Rising summer heat and increased LNG exports support domestic gas demand. • Global supply constraints provide medium-term price support for US natural gas.

• XRP declined due to macroeconomic risk aversion and broader digital asset market selloffs. • European regulatory approval failed to generate immediate demand for the XRP token. • US legislative uncertainty and tight monetary policy continue to suppress buying pressure.

• The New Zealand Dollar fell against the US Dollar amid hawkish Federal Reserve expectations. • Geopolitical tensions and risk-off sentiment drove capital into the US Dollar safe-haven asset. • Technical indicators, including a support breakdown, confirm a bearish trend for the currency pair.

• Aluminium prices dropped toward three-month lows following eased Middle East supply concerns. • Potential normalization of Persian Gulf trade could restore 700,000 tonnes of global supply. • A stronger U.S. dollar and restrictive monetary policy contributed to the price decline.

TradingKey - As of today's European session (June 24), gold prices (XAUUSD) maintained a weak downward trend intraday, hitting a near two-week low of $4,050 during the session, indicating clear short-term bearish sentiment in the market. As of press time, gold was trading at $4,077.77, down 0.78% on the day.

Ripple CEO Brad Garlinghouse stated that a public listing could include special arrangements for XRP holders, but why has the price of XRP failed to rise significantly?