tradingkey.logo
tradingkey.logo
Search

TradingKey

17027 Articles

TradingKey is a comprehensive financial education and news analysis website, providing real-time market data, financial news coverage across forex, commodities, cryptocurrencies and more, as well as professional trading courses.

Surging Another 10% Pre-Market, Western Digital and Seagate Hit Record Highs Together as Morgan Stanley Warns HDD Shortage to Extend to 2028

TradingKey - During Tuesday's US pre-market trading session, Western Digital (WDC) shares surged 9.3% to $714, while Seagate Technology (STX) followed closely behind, rising 7.2% to $1,092. If this momentum continues into the regular trading session, both companies' stock prices will hit all-time highs.
Tue, Jun 16

US Pre-Market: US Stock Futures Edge Higher, Focus Shifts to Fed. SpaceX Rises Over 10%, Western Digital Gains Over 9%

TradingKey - On Tuesday EST, the three major U.S. stock index futures edged higher in pre-market trading as the market entered a wait-and-see stance following a sharp rally in the previous session. An interim agreement between the U.S. and Iran continued to weigh on oil prices, easing market concerns over energy inflation, but investor attention has clearly shifted to this week's Federal Reserve interest rate meeting. This marks the first interest rate decision since Kevin Warsh took office as Federal Reserve Chair, and the market will focus closely on his remarks regarding inflation, employment, and the subsequent path of interest rates.
Tue, Jun 16

Platinum (XPTUSD) Volatility Intensified on Jun 16: What to Watch

• Easing macroeconomic pressures and a weaker US dollar boosted platinum prices. • Constrained supply from South Africa and Russia sustains a structural market deficit. • Resilient automotive demand and Chinese investment appetite support long-term platinum consumption.
Tue, Jun 16

SpaceX (SPCX) Hits $199 and a $2 Trillion Valuation — Can the Rally Reach $223?

SpaceX SPCX at $199.21, RSI 79.5, overbought after clearing the 1.618 Fib extension. Market cap surpassed $2 trillion on June 15, closing at $192.50. Insider lockup expires after Q3 earnings. Target $211.60, watch $191.80 support.
Tue, Jun 16

BNB (BNBUSD) Is down 1.04% on Jun 16: Why It Happened

• The Bank of Japan raised benchmark interest rates to 1.0 percent. • Protocol exploits caused $13 billion in total value locked outflows. • Profit-taking and macroeconomic tightening offset gains from new BNB Chain product launches.
Tue, Jun 16

Bleeding Run Ahead of Trillion-Dollar IPO: OpenAI Spent $34 Billion Last Year, Losses Widened Nearly Eightfold Year-on-Year

TradingKey - According to audited financial documents disclosed by the Financial Times, the San Francisco-based AI giant's expenditures reached as high as $34 billion last year, with its net loss hitting $38.5 billion, widening nearly eightfold year-on-year from $5.1 billion in 2024.
Tue, Jun 16

After Bitcoin's Four-Day Rally Past $67,000, When Will It Hit the $70,000 Mark?

Bitcoin surged past $67,000 today and could break through $70,000 as early as this week.
Tue, Jun 16

SpaceX Plans to Acquire Cursor for $60 Billion. AI Programming Tool Cursor's Annualized Revenue Reaches $4 Billion. Will SpaceX Stock Rise?

TradingKey - According to the latest reports, SpaceX is set to acquire Anysphere, the developer of the AI programming tool Cursor, for $60 billion, with the merger scheduled to close in the third quarter of 2026. Forbes reported that the latest annual recurring revenue (ARR) of Cursor, the AI startup targeted by Elon Musk's SpaceX, has surpassed the $4 billion mark. Will this acquisition drive up SpaceX's share price? What sets Cursor apart from its competitors? Will this bring SpaceX one step closer to its goal of building space data centers?
Tue, Jun 16

Has Gold Hit Bottom? Barclays, Citi Both Bullish on Gold, Gold Price Will Return to $5,000 Next Year.

TradingKey - Since 2026, gold has erased nearly all of its gains, falling more than 20% from its record high of $5,595 set at the end of January. Has gold bottomed out? Is now the time to increase gold holdings? On June 15, both Barclays and Citi expressed bullish outlooks. Citi raised its 3-month gold target price to $4,500, after lowering it to $4,000 in early June, while maintaining its 6-to-12-month bullish forecast of $5,000 per ounce. Barclays, meanwhile, believes this decline is a price reset rather than the end of the bull market.
Tue, Jun 16

Ethereum (ETHUSD) Suddenly Goes down 1.28% on Jun 16: What You Need to Watch

• Ethereum prices face pressure ahead of the upcoming Federal Reserve policy meeting. • Spot Ethereum ETFs show tepid demand compared to stabilizing spot Bitcoin products. • Delay of the Glamsterdam hard fork to 2026 dampens near-term ecosystem growth expectations.
Tue, Jun 16

XRP (XRPUSD) Volatility Intensified on Jun 16: What You Should Know

• XRP prices declined following profit-taking at the $1.28 to $1.30 resistance cluster. • Market participants reduced exposure ahead of the upcoming Federal Reserve policy meeting. • Lower liquidity and derivatives liquidations caused the recent intraday retracement toward $1.21.
Tue, Jun 16

Brent (UKOIL) Is down 2.40% on Jun 16: What You Need to Watch

• UKOIL prices declined following a tentative peace agreement between the United States and Iran. • Potential reopening of the Strait of Hormuz reduces the embedded war-risk premium for oil. • Financial institutions lowered Brent price forecasts due to anticipated increases in global supply.
Tue, Jun 16

WTI (USOIL) Volatility Intensified on Jun 16: What to Watch

• WTI crude prices declined following a preliminary U.S.-Iran peace agreement. • Expected reopening of the Strait of Hormuz reduces geopolitical risk premiums. • Weakening Asian demand and macroeconomic indicators further pressure crude oil pricing.
Tue, Jun 16

BOJ Rate Decision Highlights: Return to 1% Rate Era, Bond-Buying Taper to Pause From Next April

TradingKey - On June 16, Tokyo time, the Bank of Japan concluded its two-day monetary policy meeting, announcing a 25-basis-point rate hike to raise its policy interest rate from 0.75% to 1.00%. This is the first time since 1995 that Japan's interest rate has touched the 1% level, and it also marks the central bank's first rate hike since December 2025, aligning with widespread market expectations.
Tue, Jun 16

SpaceX Surpasses $2.5 Trillion, Exceeding Crypto Market; Will SPCX Stock Price Rise Further?

SpaceX surges over 40% across three consecutive trading days; can it breach $300 in the coming month?
Tue, Jun 16

WTI Crude Oil Price Trend Forecast: Oil Prices May Face a Sharp Decline

TradingKey - As of the European session today (June 16), the crude oil market continued to weaken amid expectations of an impending preliminary US-Iran agreement. The market may have begun trading the supply recovery logic, increasing downward pressure on oil prices. As of press time, WTI crude (USOIL) fell 1.63% to $79.85, while Brent crude dropped 1.32% to $82.25.
Tue, Jun 16

Strait of Hormuz Set to Reopen, How New Fed Chair Warsh Walks a Tightrope Amid Market Expectations?

TradingKey - The Federal Reserve will announce its policy decision this Wednesday, marking the first rate-setting meeting chaired by the new Chairman, Warsh. Global investors are currently paying close attention to the new Chairman's policy stance, especially against the backdrop of the imminent reopening of the Strait of Hormuz and signs of cooling core inflation.
Tue, Jun 16

In-Depth Review of the CPO Delay Controversy: Why a Single SemiAnalysis Report Slammed US Optical Communications in a Single Day, and Should We Really Believe the 'Delay'?

On June 9, 2026, a client-only report from SemiAnalysis claiming that the large-scale commercialization of CPO (Co-Packaged Optics) would be delayed triggered a sharp, single-day collective sell-off in US optical communication stocks. This article deconstructs three timelines, the 19% yield rate formula, upstream laser orders, and other counter-evidence layer by layer. Applying the theory of reflexivity, it uncovers the truth behind the plunge and offers a two-tier interpretive framework for analyzing authoritative research reports.
Tue, Jun 16

Nikkei Index Breaks 70,000 Intraday; SK Hynix Rises Over 4%; South Korean Defense Stocks Collectively Surge

TradingKey - During the Asian trading session on June 16, the Nikkei 225 Index breached the 70,000-point mark intraday; South Korean stocks extended yesterday's strong momentum, with the KOSPI Index closing 2.11% higher.
Tue, Jun 16

Nikkei 225 Tops 70,000 for First Time Intraday; BOJ Raises Rates to 1% in 31-Year High

TradingKey - During Asian trading hours on June 16, the Nikkei 225 Index breached the 70,000-point psychological level for the first time in history, marking a new record high since the burst of Japan’s bubble economy in 1989.
Tue, Jun 16
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.