TradingKey

TradingKey - Silver (XAGUSD) prices are currently hovering below $74 per ounce as the market lacks upward momentum.

TradingKey - During the Asian trading session on May 28, the gold price (XAUUSD) continued its downward trend, breaking below the $4,400 mark intraday to hit a low of $4,366.29. Having fallen nearly $200 over three consecutive trading days, technical analysis indicates that prices have reached a key support level near $4,360, suggesting the downward momentum may be nearing an end.

TradingKey - Japanese and South Korean stock markets closed lower during the Asian session on May 28. The Nikkei 225 Index fell 0.47% to 64,693.05 points, while the KOSPI Index dropped 0.53% to 8,185.29 points.

TradingKey - On May 27, Bloomberg reported that copper trading activity has intensified as market expectations rise regarding potential tariffs on copper under a Trump administration, prompting traders to ship copper inventories to the U.S. Currently, near-month COMEX copper futures prices have been pushed to a premium of over $500 per ton compared to LME spot prices, marking the first time this level has been surpassed since last autumn.

SpaceX is set to list on Nasdaq at a $1.75 trillion valuation, making it the largest IPO in history, and will automatically be included in index funds such as the QQQ on its 15th trading day post-listing. This article deconstructs the details left unsaid in the prospectus: $41.3 billion in accumulated losses, the regulatory vacuum surrounding the xAI acquisition, circular related-party transactions between Elon Musk’s inner circle and Tesla, suspicious rule revisions by Nasdaq, a nearly $1 trillion compensation package, and why Starship—the pillar of the entire valuation—continues to explode.

TradingKey - During the Asian trading session on May 28, Dell Technologies (DELL.US) shares rose over 5% in U.S. overnight trading, extending a strong performance that has seen its year-to-date gain reach 140%. The rally was directly driven by news that Dell secured a $9.7 billion defense contract from the U.S. Pentagon.

TradingKey - During the Asian trading session on May 28, spot gold briefly fell below $4,400, hitting a low of $4,396.91, its lowest level since March 27. Gold futures also declined, with U.S. gold futures for August delivery dropping to $4,431 on May 27.

TradingKey - Japanese and South Korean stock markets both opened lower during the Asian session on May 28. South Korea's KOSPI Index opened down 78.27 points, or 0.95%. Yesterday, the index closed at a record high of 8288.7 points, marking its fourth consecutive trading day of gains.

TradingKey - The S&P 500 edged up 0.02% to 7,520.36, while the Nasdaq Composite added 0.07% to 26,674.73, supported by sustained enthusiasm for chip stocks. The Dow Jones Industrial Average rose 0.36% to 50,644.28, closing at a fresh record as investors rotated into blue‑chip names.

Tradingkey - Snowflake (SNOW) shares surged over 35% in after-hours trading following the announcement of a new partnership with Amazon AWS and its first-quarter earnings results. As of press time, the stock remained up 33% at $233.1. Snowflake reported its fiscal first quarter 2027 results, with revenue reaching $1.39 billion, up 33% year-over-year. Net revenue retention stood at 126%. Furthermore, remaining performance obligations (RPO) were $9.21 billion, up 38% year-over-year; there were 779 customers with trailing 12-month product revenue exceeding $1 million, a 29% year-over-year increase. Snowflake also provided strong guidance, forecasting a second-quarter adjusted operating margin of 12.5% and product revenue between $1.415 billion and $1.42 billion, surpassing market expectations of 11.9% and $1.37 billion, respectively.

Tradingkey - On May 27, Eastern Time, Marvell Technology (MRVL) released its fiscal first quarter 2027 financial results during post-market trading, reporting revenue that exceeded market expectations. During the period, Marvell’s Q1 revenue reached a record high of $2.418 billion, compared to $1.89

Tradingkey - On May 26, Eastern Time, the three major U.S. stock indices showed divergent performance. The Dow Jones Industrial Average hit an intraday record high of 50,830.41, while the Nasdaq Composite and the S&P 500 turned lower. Although U.S. equities have staged a strong broad-based rebound over the past two months, the performance gap between the three indices remains significant. The Nasdaq Composite has led the market with a cumulative gain of approximately 27%, followed by the S&P 500 with an 18% increase over the same period. The Dow Jones has shown relative weakness, rising only 12% during this interval and significantly lagging behind the other two major indices.

Tradingkey - According to Iranian sources, a "preliminary informal document" regarding a Memorandum of Understanding (MoU) framework between Iran and the United States has been disclosed. The content covers the Strait of Hormuz, regional military deployments, and arrangements for future agreements. Driven by the de-escalation of geopolitical tensions, gold prices dropped to their lowest levels since late March. Both major crude oil benchmarks plunged: WTI crude futures hit a low of $87.77 per barrel, the lowest since April 22, while Brent crude fell to a low of $94.17 per barrel.

Tradingkey - AI chipmaker Cerebras Systems (CBRS) shares rose, gaining more than 10% at one point to reach a high of $266.7. As of press time, the stock remains up 8.7% at $262.75. Renowned Wall Street investor Cathie Wood, founder and CEO of ARK Invest—often referred to as the "female Warren Buffett"—has significantly increased her stake in Cerebras Systems. Despite the stock’s post-listing retracement, Wood opted to buy the dip, signaling firm confidence in the long-term explosive potential of the company’s unique "wafer-scale" AI chip technology.

TradingKey - US storage stocks rallied in pre-market trading, with Micron Technology (MU) expanding its gains to 8%, once again drawing market attention.

Costco pairs exceptional fundamentals and membership growth with a premium valuation (52x P/E), making a disciplined, phased accumulation strategy ideal for long-term investors despite near-term macro crosswinds.

TradingKey - Marvell Technology (MRVL) rose more than 5% in pre-market trading on May 27, ET. Market sentiment strengthened as investors bet that demand for AI data centers and high-speed interconnects will continue to drive the company's earnings growth.

TradingKey - U.S. stock index futures rose across the board in pre-market trading on Wednesday ET. The market extended the momentum from the previous session led by AI chip stocks, as investors bet that potential U.S.-Iran negotiations could ease geopolitical risks. Meanwhile, falling oil prices and declining U.S. Treasury yields also supported sentiment for risk assets. As of press time, Dow futures were up 0.1%, Nasdaq 100 index futures rose 0.67%, and S&P 500 index futures gained 0.23%.

TradingKey - Micron Technology (NASDAQ: MU) is trading at $914.43, having broken above the 1.272 Fibonacci extension at $862.46 and is now inching toward the 1.618 level at $919.75.

TradingKey - After six consecutive trading days of gains, HP (HPQ) shares saw a pullback on May 26. The market is currently focused on the company’s upcoming Q2 FY2026 earnings report, set to be released after the market close on May 27, where the AI PC penetration rate will serve as a key metric to validate market expectations.