TradingKey

• Appian's stock fell due to cautious Q2 2026 financial guidance. • Analysts adjusted forecasts and lowered price targets for Appian. • Broader software market volatility and AI competition impact sentiment.

• Semiconductor sector correction impacted Qualcomm shares. • Nvidia's new PC chip challenges Qualcomm's processors. • Valuation concerns and China regulatory risks persist.

• Marvell shares fell due to tech sector pressure and CPI report. • High valuation and profit-taking likely impacted Marvell's stock. • AI demand and S&P 500 inclusion may support Marvell going forward.

• Vineyard Wind legal issues create execution uncertainty. • State regulatory resistance impacts data center construction. • Insider selling and valuation concerns temper investor sentiment.

• Western Digital stock declined due to profit-taking, sector weakness, and company actions. • Convertible note exchange and insider selling raised concerns about share dilution. • Technical indicators showed bearish signals, but long-term outlook remains positive.

TradingKey - On June 10, the U.S. Bureau of Labor Statistics released the CPI data for May, delivering results in line with market expectations. Specifically, the U.S. CPI rose 0.5% month-on-month, compared to the previous 0.6%, and increased 4.2% year-on-year, up from 3.8% in April. Core CPI, which excludes food and energy, rose 0.2% month-on-month, lower than the 0.4% recorded in April, while the annual core CPI edged up to 2.9% from the previous 2.8%. Following the data release, the Nasdaq 100 reversed earlier losses to lead the broader U.S. equity market, with the heavily weighted technology sector serving as the core driver of the index's upward momentum.

• IBM reported strong quarterly results, surpassing analyst expectations. • Strategic AI and cloud partnerships boost IBM's market position. • Analysts upgrade IBM stock, citing positive momentum and growth.

• Applied Materials opened a $500 million facility in Singapore. • Company raised 2026 semiconductor equipment growth outlook to over 30%. • Strong AI demand drives growth in semiconductor equipment market.

• Cantor Fitzgerald raised KLA's price target, citing industry spending. • Semiconductor equipment billings reached record levels in Q1 2026. • KLA announced a ten-for-one stock split and increased dividend.

• Lam Research reported strong fiscal Q3 2026 results exceeding expectations. • Analysts raised price targets for Lam Research shares, signaling optimism. • AI demand and advanced packaging growth are key drivers for the company.

• AVGO stock fell due to Q2 earnings, guidance, and analyst downgrade. • Q3 AI chip sales guidance of $16 billion missed some expectations. • Partnership news and EU probe were overshadowed by guidance concerns.

• Dell's Q1 FY27 results surpassed expectations, driven by AI server revenue. • The company raised full-year guidance on strong AI order backlog. • Analysts upgraded Dell stock, citing AI demand and market position.

• Bloom Energy stock declined amid global equity market downturn. • Geopolitical tensions and inflation concerns impact investor sentiment. • Strong earnings overshadowed by broader market pressures.

• Goldman Sachs lowered SAP's price target due to higher hardware costs. • Macroeconomic factors like revised Fed rate cut forecasts impact SAP. • Cautious market sentiment for software stocks affects SAP's valuation.

• Oracle stock fell due to Q4 2026 earnings anticipation. • Investors await AI infrastructure spending and revenue conversion details. • Broader tech downturn and market uncertainties add pressure.

• Gold prices fell significantly, impacting Newmont stock. • Rising US Treasury yields and dollar strength hurt gold demand. • Fed policy expectations and labor data signal restrictive monetary policy.

Oracle fell below the $200 mark as the market focuses on its upcoming earnings report, while Wall Street investment banks remain optimistic.

TradingKey - GameStop holds more than $1 bn in cash and no long-term debt, yet investors are still waiting for Ryan Cohen's next move. Could a major capital allocation decision unlock value?

TradingKey - On Wednesday Eastern Time, the U.S. Bureau of Labor Statistics released data showing that the U.S. Consumer Price Index (CPI) rose 0.5% month-over-month in May, compared to the previous value of 0.6%. The CPI rose 4.2% year-over-year, up from 3.8% in April, indicating that inflationary pressures continue to build. Core CPI, which excludes food and energy, rose 0.2% month-over-month, lower than April’s 0.4%. Core CPI rose 2.9% year-over-year, edging up slightly from the previous 2.8%.

TradingKey - SpaceX is set to debut on the Nasdaq on June 12 under the ticker symbol SPCX. The offering price is set at $135 per share, with a fundraising target of $75 billion, implying a total company valuation of $1.77 trillion. This will be the largest IPO in global history.