TradingKey

TradingKey - Last weekend, in response to US government export control directives, AI startup Anthropic abruptly cut off all user access to its top-tier AI models, Fable and Mythos 5. Investors have begun turning their attention to open-source AI models that enterprises can deploy themselves, free from the impact of external regulations—when models run on an enterprise's own servers, no political disputes can disrupt the service.

TradingKey - SpaceX (SPCX) options officially began trading this Tuesday (June 17). Approximately 1.8 million contracts were traded on the first day, with about $2.8 billion in premium changing hands, breaking the record for the first-day trading volume of a single-stock option. Notably, market sentiment was clearly characterized by momentum-chasing, with call volume outstripping put volume. The overall call/put ratio was approximately 1.3:1, indicating that capital continues to bet on a further rise in SpaceX's share price.

• Macroeconomic concerns regarding Federal Reserve rate policy are driving downward pressure on Ethereum. • The Ethereum Foundation delayed the Glamsterdam upgrade until the third quarter of 2026. • Fragile spot Ethereum ETF inflows and weak institutional demand contribute to price volatility.

TradingKey - During the Asian trading session on June 17, Japanese and South Korean stock markets both opened lower but rebounded to close higher. The Nikkei 225 Index extended its strong performance to hit another record closing high, while South Korea's KOSPI Index rebounded strongly after opening sharply lower, posting significant gains at the close.

TradingKey - According to a report by The Information on June 16, OpenAI disclosed several financial metrics in a document to shareholders. OpenAI's revenue in the first quarter of 2026 reached $5.7 billion, while its cash burn during the same period was as high as $3.7 billion, with both figures increasing approximately threefold year-on-year. What other financial black holes do OpenAI's recently disclosed data reveal? Will this impact its potential listing?

• XRP experienced a sell-the-news price decline following the 3.2.0 ledger upgrade deployment. • High derivatives leverage and market consolidation contribute to increased intraday price volatility. • Lack of strong capital inflows and legislative stagnation maintain the asset's downward-slanted trend.

TradingKey - During the Asian trading session on June 17, Japanese media reported that as TSMC's (TSM) advanced process capacity continues to tighten, companies such as Google (GOOGL), AMD (AMD), BYD, and Tesla (TSLA) have recently increased their engagement with Samsung Electronics regarding foundry collaboration, leading to a significant increase in orders for Samsung's foundry business.

• Solana volatility stems from macroeconomic liquidity constraints and Federal Reserve policy uncertainty. • Institutional inflows into Solana ETFs are currently insufficient to offset broader market selling. • Technical indicators for Solana remain neutral, with depressed open interest in derivatives markets.

If Warsh rejects dot plot expectations, it could suppress institutional capital in the short term and weaken market risk appetite, but remains a long-term positive for Bitcoin.

TradingKey - How a 113-page filing became a roadmap for America's AI strategy

TradingKey - On Tuesday, August Brent crude futures settled down over 5% at $78.96 per barrel, falling below the $80 mark for the first time in three months. Brent has now fallen for four consecutive trading sessions, marking its longest losing streak of the year and almost entirely erasing all gain

TradingKey - As the signing ceremony for the US-Iran ceasefire agreement on June 19 approaches, Bloomberg News and Iran's Mehr News Agency have successively disclosed the full text of the draft 14-point memorandum of understanding (MoU) between the US and Iran. This framework agreement, known as the "Islamabad Memorandum," aims to permanently end the conflict between the two sides that erupted in February 2026 and pave the way for negotiations on a final agreement lasting up to 60 days.

TradingKey - On Tuesday (June 16) Eastern Time, SpaceX (SPCX) rose for the third consecutive trading day, with its market capitalization surpassing Amazon's to become the world's fifth-largest stock. During intraday trading, the stock surged as much as 17%, briefly surpassing Microsoft in market value to become the fourth-largest company in the U.S. stock market. Since its listing, the stock has gained a cumulative 49%, reflecting strong investor enthusiasm.

TradingKey - On June 16, Eastern Time, the new Federal Reserve Chair, Wash, will preside over his first monetary policy meeting since taking office. Combined with Japan’s interest rate hike, which has put pressure on carry trades, the U.S. stock market is marked by a strong sense of caution. The thr

TradingKey - Japanese and South Korean stock markets opened lower across the board during the Asian session on June 17. Japan's Nikkei 225 Index edged down on profit-taking after hitting an intraday record high yesterday, while South Korea's KOSPI Index underwent a technical correction after two consecutive days of sharp gains.

TradingKey - On June 16, Eastern Time, the US stock market was dominated by a strong wait-and-see sentiment as the newly appointed Federal Reserve Chairman Warsh prepared to host his first interest rate meeting, and Japan's rate hike dampened the carry trade. The three major US stock indexes closed mixed, with only the Dow finishing higher. Tech stocks led the losses, while consumer and financial stocks bucked the trend to strengthen. At the close, the Dow Jones Industrial Average rose 0.64% to 51,999.67 points; the Nasdaq Composite fell 1.15% to 26,376.34 points; and the S&P 500 index slid 0.57% to 7,511.35 points.

• UMC stock is undergoing a technical consolidation following an overextended, overbought rally. • Broad semiconductor sector rotation and high valuation disconnects are accelerating the current sell-off. • UMC disposed of over one million Novatek Microelectronics shares to optimize its balance sheet.

• Credo's stock declined due to elevated valuation and concerns regarding its risk-reward ratio. • Product transitions to optical technologies will likely plateau revenue growth until fiscal 2027. • High revenue concentration among hyperscalers and insider selling contributed to the downward price correction.

• Vertiv shares face downward pressure due to profit-taking and high valuation multiples. • Revenue declines in the EMEA region create uncertainty regarding full-year guidance targets. • Technical indicators, including the MACD, currently suggest a sell signal for the stock.

• STMicroelectronics launched a 1.5 billion USD dual-tranche senior unsecured convertible bond offering. • Short selling by convertible arbitrageurs and dilution concerns triggered downward stock pressure. • Investors engaged in profit-taking following a significant year-to-date share price rally.