TradingKey

Tradingkey - June 11: Global asset prices experienced intense volatility! The two major crude oil futures plummeted, while spot gold surged. The three major U.S. stock index futures strengthened in the short term, and U.S. Treasury yields dropped sharply. As of press time, WTI crude futures fell 3.72% to $86.68; Brent crude futures dropped 3.86% to $89.52. Spot gold rose approximately 2% to $4159. The three major U.S. stock index futures rose across the board, with Dow futures up 1.58%, Nasdaq 100 futures up 2.33%, and S&P 500 futures up 1.31%.

TradingKey - June 11: SpaceX is set to list on the Nasdaq. According to sources familiar with the matter, the largest IPO in SpaceX's history has attracted over $250 billion in investor subscription demand—3.5 to 4 times its planned $75 billion fundraising target—with market enthusiasm far exceeding expectations. The market is currently concerned that this record-breaking IPO will create a "liquidity drain" on the stock market, significantly diverting funds from the secondary market. This could, in turn, exert temporary valuation pressure on the storage and CPU sectors—the most popular AI trade segments for 2026—including core stocks such as Micron (MU), SanDisk (SNDK), Intel (INTC), and AMD (AMD).

Adobe’s stock price remained flat ahead of its earnings report, with market focus centered on the progress of its partnership with Nvidia and the monetization of its Firefly AI tool.

SpaceX SPCX priced $135 June 11, first trading June 12. $75B raise, $1.75T valuation. Starlink $11.4B revenue, 10.3M subscribers, 63% EBITDA margin. xAI $6.36B operating loss. MSCI inclusion T+1. Week 1 range $135–$180.

TradingKey - Data released by the U.S. Bureau of Labor Statistics on Thursday showed that the U.S. Producer Price Index (PPI) rose 1.1% month-over-month in May, matching the April gain and exceeding market expectations of 0.7%. The unadjusted final demand PPI rose 6.5% year-over-year, the largest 12-month increase since November 2022, signaling that wholesale inflationary pressures in the U.S. continue to intensify.

Oracle’s massive capital expenditure has triggered significant risks, prompting investors to sell off shares as a preemptive measure.

TradingKey - On Thursday, Eastern Time, the three major U.S. stock index futures rebounded in pre-market trading. Technology stocks saw a recovery after two consecutive days of declines as markets temporarily digested tensions between the U.S. and Iran along with the impact of the previous day’s hot CPI data. As of press time, Dow futures rose approximately 0.83%, S&P 500 futures gained about 0.76%, and Nasdaq futures climbed around 1.22%.

TradingKey - I am optimistic on NVIDIA (NASDAQ: NVDA) even after attaining $5 trillion market. Honestly, Nvidia has consistently shown that it is the backbone of AI infrastructure.

Oracle Q4 FY2026: $15.6B revenue +11%, OCI +40%, Cloud RPO +28%. EPS beat, margins slight miss at 45.2%. ORCL at $184.60, RSI 33.89 oversold at EMA200 $190.52. Target $198–$210.

Tradingkey - During the June 11 Asian trading session, South Korean media outlet ETNews reported that SK Hynix has received requests from multiple Tier-1 equipment suppliers to increase supply prices by approximately 3% to 4%. SK Hynix has requested the relevant companies to submit supporting documentation for the price adjustments pending further evaluation.

TradingKey - On June 11, Eastern Time, driven by strong CPI data and the situation in the Middle East, gold prices (XAUUSD) dipped toward the $4,000 mark intraday, hitting a low of $4,023.76. As of today's Asian session, gold prices are fluctuating near $4,100, up 0.79% on the day.

TradingKey - During the Asian session on Thursday, spot gold fell below $4,100, hitting a low of $4,023, marking its lowest level since November 2025. Gold futures dropped to as low as $4,046 during the session. Compared to the all-time high of nearly $5,600 reached in late January, spot gold prices have declined by more than 26% cumulatively, erasing all year-to-date gains. On the macro front, U.S. May CPI data released Wednesday rose 4.2% year-on-year, the largest increase since April 2023. Although May core CPI grew by only 0.2% month-on-month—below market expectations—options market data indicates that traders maintain expectations for Federal Reserve rate hikes this year. Spot gold closed down more than 4% on Wednesday.

TradingKey - During Asia trading on June 11, South Korea's KOSPI index closed at 7,762.94 points, up 0.42%. Japan's Nikkei 225 index closed at 64,217.22 points, edging up 0.06%, after dropping more than 2% in early trade before gradually narrowing losses and rebounding slightly.

Perpetual contracts and pre-market tokens targeting SpaceX are attracting liquidity from the cryptocurrency market, hindering a further rebound in Bitcoin.

TradingKey - On June 10, Eastern Time, The Wall Street Journal reported that OpenAI is considering significantly reducing the fees it charges users (specifically token pricing) in an effort to win customers from its major rival, Anthropic.

Tradingkey - As AI technology deployment accelerates, global demand for high-performance memory chips continues to climb. South Korea's two semiconductor giants, SK Hynix and Samsung Electronics, have recently announced major capacity expansion plans to fully position themselves within the AI chip supply chain.

TradingKey - Last week, the S&P 500 Index fell 2.6%, recording its largest weekly decline since May 2025. Meanwhile, capital is flowing out of U.S. equities. According to data from Bank of America strategist Jill Carey Hall, clients net sold a total of $14.4 billion in U.S. stocks last week (net of ETF inflows), with single-stock outflows reaching a record high of $14.2 billion.

TradingKey - During the Asian trading session on June 11, Yonhap News Agency reported that OpenAI CEO Sam Altman plans to visit South Korea next week and will visit Samsung Electronics' headquarters in Suwon on June 15. The core agenda of the visit is to advance cooperation regarding the comprehensive integration of artificial intelligence into Samsung's business operations.

TradingKey - During the early Asian trading session on June 11, Japanese and South Korean stock markets both trended higher after opening sharply lower. As of press time, South Korea’s KOSPI Index stood at 7,673.71 points, while the Nikkei 225 Index rebounded in tandem, with its decline narrowing to 0.88%.

TradingKey - On June 10 (ET), spot gold intraday breached the $4,100 mark and neared the $4,000 psychological barrier following four consecutive sessions of selling. This decline marks the sharpest retracement since 2023.