TradingKey

TradingKey - In pre-market trading on Friday, June 5, the three major U.S. stock index futures diverged as technology and chip stocks came under significant pressure while investors awaited the release of the U.S. May non-farm payrolls report. As of press time, Dow futures rose 0.19%, S&P 500 futures fell 0.38%, and Nasdaq 100 futures declined 0.96%.

An infinite token minting vulnerability in Zcash caused ZEC prices to plummet by over 50% today, triggering a broad sell-off across the privacy coin sector.

TradingKey - On the afternoon of June 5 (Seoul time), NVIDIA (NVDA) CEO Jensen Huang arrived at Seoul Gimpo International Airport from Taiwan. Immediately upon landing, he shared a significant prediction with the media and public, stating that robotics will become South Korea's next major industry.

TradingKey - On June 4 local time, SpaceX, the rocket and AI company owned by the world's richest person Elon Musk, officially launched the largest IPO roadshow in history.

TradingKey - On June 5 ET, silver (XAGUSD) prices came under intraday pressure due to the impact of stalled U.S.-Iran negotiations, at one point falling to near $71. Notably, the U.S. May non-farm payroll data is scheduled for release today; will it be enough to reverse silver’s downward trend?

TradingKey - During the June 5 Asian trading session, Bitcoin extended its multi-day slide, falling more than 3.5% within 24 hours. It briefly dipped below $62,000 during intraday trading, hitting a low of $61,100. Since its recent peak of $82,500 on May 6, Bitcoin has recorded a cumulative three-week decline of approximately 26%. As of press time, Bitcoin was trading at $62,688. With a weekly decline exceeding 16%, it is on track for its largest single-week drop since November 2022.

Bitcoin’s rebound remains weak as the market plunges into extreme fear, with pessimistic forecasts projecting a decline to $30,000.

TradingKey - During the Asian trading session on June 5, global AI and semiconductor sectors faced selling pressure as Broadcom's (AVGO) AI business earnings guidance fell short of expectations. Panic sentiment quickly spread to Asia-Pacific markets, with both Japanese and South Korean stock markets declining.

TradingKey - On June 12, Eastern Time, SpaceX will list on Nasdaq with a valuation of $1.77 trillion, raising $75 billion and setting a new global IPO record. However, on the eve of the IPO, S&P was the first to shut the door. On June 4, S&P explicitly refused to modify fast-track inclusion rules for mega-IPOs like SpaceX.

TradingKey - Optical networking equipment maker Ciena (CIEN.US) delivered an impressive earnings report for the second quarter of fiscal 2026; however, the market "voted with its feet," sending the stock price down nearly 14%.

TradingKey - On June 4, Eastern Time, U.S. Democratic Senator Elizabeth Warren formally invited NVIDIA (NVDA) CEO Jensen Huang to testify at a Senate Banking Committee hearing on June 11 regarding NVIDIA’s operations in China, U.S. export control policies, and AI chip sales.

TradingKey — On June 4 (ET), digital news platform NOTUS reported, citing three people familiar with the matter, that senior U.S. officials have held preliminary talks with several major artificial intelligence companies. The central focus of these discussions is whether the government could take equity stakes in these firms. The plan is currently ongoing, and specific details remain subject to change.

TradingKey - Broadcom (AVGO) reported AI business earnings guidance that fell short of expectations, triggering a sell-off in tech and chip stocks as capital rotated into previously underperforming sectors such as healthcare and finance. Meanwhile, the Dow Jones Industrial Average bucked the trend t

TradingKey — During the Asia trading session on June 5, the Korea Composite Stock Price Index (KOSPI) saw its decline rapidly widen to over 6%. The Korea Exchange triggered a circuit breaker mechanism for the KOSPI after KOSPI 200 futures fell by 5%, suspending program trading for five minutes.

TradingKey - On June 3, Eastern Time, a retreat in Broadcom’s share price sparked market concerns that AI investments have entered overbought territory. The Dow Jones Industrial Average hit a record high, leading gains among the three major U.S. indices as tech stocks saw a broad pullback. By the close, the Dow Jones rose 1.73% to 51,561.93; the S&P 500 rose 0.41% to 7,584.31; and the Nasdaq Composite fell 0.09% to 26,830.96.

Tradingkey - On June 4, a significant explosion involving Blue Origin failed to undermine its eligibility for core U.S. military launch bidding. The U.S. Space Force procurement arm stated that despite the "New Glenn" launch pad accident last week, Jeff Bezos's Blue Origin retains its certification for Phase 3 ("Lane 2") of the Pentagon’s National Security Space Launch (NSSL) program. The company will continue to compete against SpaceX and United Launch Alliance (ULA) for military launch contracts valued at tens of billions of dollars over the next five years.

Tradingkey - June 4: Israel and Lebanon officially reached a ceasefire agreement on Thursday. Coupled with positive signals from Trump regarding potential progress in U.S.-Iran negotiations this weekend, the geopolitical risk premium previously accumulated in the crude oil market was rapidly digested, leading to a significant pullback in oil prices. As a result, WTI crude futures fell 4% to $92.18, while Brent crude futures dropped 3.23% to $94.65.

Tradingkey - On June 4, Eastern Time, U.S. technology stocks experienced broad declines as Broadcom’s (AVGO) Q2 guidance was interpreted by the market as overly conservative. The three major indices diverged, with the Dow Jones Industrial Average rising over 1.7% to hit a new record high, while the tech-heavy Nasdaq Composite fell more than 0.4%. Broadcom’s share price plummeted over 15% today, reaching a low of $403.01, with its latest market capitalization reported at $1.96 trillion. The sharp sell-off in the leading custom chip company has sparked market skepticism regarding the outlook for the AI industry.

TradingKey - IBM and Google Cloud have announced an expansion of their strategic AI partnership, launching a new Google Cloud Practice aimed at helping enterprises accelerate the deployment of AI applications into production environments and modernizing core systems. The core of this collaboration is not merely IBM utilizing Google Cloud technology; rather, both parties intend to integrate cloud platforms, consulting delivery, industry processes, and AI agents into a comprehensive suite of enterprise-ready implementation solutions.

Broadcom's stock dropped 14% to $411.79 due to sub-consensus AI chip guidance, despite solid overall earnings, leaving its long-term custom silicon growth trajectory intact.