Alan Long

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%.

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 - 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.

TradingKey - During the U.S. pre-market session on Thursday, June 4, the three major U.S. stock index futures diverged, with Nasdaq 100 futures leading the decline. Broadcom’s earnings report failed to meet high market expectations for AI chips, dragging down the semiconductor and AI infrastructure sectors. As of press time, Dow futures rose 0.79%, S&P 500 futures fell 0.4%, and Nasdaq 100 futures dropped 1.31%.

TradingKey - On June 4 (ET), gold prices (XAUUSD) have recently maintained a weak trend, influenced by the ongoing volatility in U.S.-Iran tensions. As oil prices continue to climb, downward pressure on gold prices has further intensified. The market is currently awaiting the release of U.S. May non-farm payrolls data to determine the short-term direction for gold.

TradingKey - On June 3 (ET), U.S. ADP employment data for May showed that private sector payrolls increased by 122,000, exceeding market expectations of approximately 118,000. The April figure was revised downward from 109,000 to 105,000. The data indicates that U.S. private sector hiring remains resilient ahead of Friday's non-farm payrolls report.

TradingKey - On Wednesday, June 3, U.S. stock index futures showed divergence in pre-market trading as investors remained cautious ahead of the release of ADP employment data, ISM Services PMI, EIA crude oil inventories, and the Federal Reserve's Beige Book. As of press time, Dow futures were down 0.25%, S&P 500 futures fell 0.06%, and Nasdaq 100 futures rose 0.26%, indicating that the technology sector remains relatively resilient.

TradingKey - Bitcoin (BTCUSD) prices have declined for the fourth consecutive week due to continuous capital outflows. With a cumulative drop of nearly $20,000, the price is now approaching the $65,000 mark.

TradingKey - On June 1, Eastern Time, driven by tight demand for memory chips, Micron (MU) shares successfully broke through the $1,000 psychological level. By the close of U.S. trading, Micron’s share price stood at $1,035.68, with its market capitalization rising to approximately $1.18 trillion.

TradingKey — US stock index futures edged lower in pre-market trading on Tuesday, June 2. Yesterday, US stocks hit fresh record highs as AI themes continued to dominate market sentiment. However, investors remained cautious ahead of this Friday’s non-farm payroll report, while monitoring the impact of Middle East tensions on oil prices and inflation expectations. As of press time, Dow futures were down approximately 0.46%, S&P 500 futures fell about 0.18%, and Nasdaq 100 futures declined roughly 0.1%.

TradingKey — Recently, silver prices (XAGUSD) have been range-bound between $73.60 and $78.00 due to the fluctuating US-Iran situation. However, as further signals of de-escalation emerge, silver prices may resume their upward trend.

TradingKey - On Friday, May 29 (ET), gold prices (XAUUSD) maintained a rebound momentum after retesting the key support level of $4,360 on Thursday. Following signals from the U.S. and Iran that a deal is nearing completion, gold prices briefly touched $4,600.

TradingKey - On Friday, June 5 (ET), the U.S. Bureau of Labor Statistics will release the May non-farm payrolls report. The market generally expects U.S. non-farm job growth to slow further from April, with current forecasts ranging from approximately 85,000 to 96,000, compared to the previous figure of 115,000. The unemployment rate is projected to remain around 4.2% to 4.3%, while the month-on-month growth of average hourly earnings is expected to pick up to 0.3%, up from the previous 0.2%.

TradingKey - On May 29, ET, U.S. President Trump held a meeting of approximately two hours with his national security team in the White House Situation Room to discuss whether to approve an interim agreement related to Iran; however, no final decision was announced following the conclusion of the meeting. The agreement aims to extend the fragile U.S.-Iran ceasefire for 60 days and pave the way for restarting Iran nuclear negotiations and reopening the Strait of Hormuz.

TradingKey — According to Business Insider, Amazon (AMZN) AWS is planning to add SpaceX’s Grok model to Amazon Bedrock. For Amazon, the core of this move is not a bet on Grok, but rather to continue strengthening AWS's role as a platform in the enterprise generative AI market: customers do not have to choose a single large model provider, but can instead access Anthropic, OpenAI, Meta (META), Cohere (COHR), and potentially SpaceX’s Grok in the future through a unified interface within Bedrock.

TradingKey - Premarket on Friday, May 29, the three major U.S. stock index futures rose slightly as markets continued to digest U.S. April PCE inflation data, progress in U.S.-Iran ceasefire negotiations, and the AI hardware rally triggered by Dell’s earnings report. As of press time, Dow Jones Industrial Average futures rose 0.31%, S&P 500 futures rose 0.16%, and Nasdaq 100 futures rose 0.13%.

TradingKey - On May 28, Eastern Time, Snowflake (SNOW) shares surged nearly 40% intraday, closing with a 36% gain. The rally was driven by its latest financial results exceeding market expectations and the announcement of a five-year, approximately $6 billion cloud and AI infrastructure partnership with Amazon's (AMZN) AWS.

TradingKey - U.S. April PCE data indicates that inflationary pressures remain sticky; although the core monthly rate was lower than expected, it is unlikely to shift the Federal Reserve's cautious stance.

TradingKey - On May 28, Eastern Time, Dell Technologies (DELL) shares rose over 4% pre-market following reports that the Pentagon awarded the company a five-year software contract valued at approximately $9.7 billion. This positive development comes just as Dell is set to release its fiscal year 2027 first-quarter earnings report, further intensifying market focus on its growth prospects across AI servers, enterprise IT demand, and government business.

TradingKey - On Thursday ET, the three major US stock index futures declined broadly, with Nasdaq futures leading the losses. As of press time, Dow futures fell 0.16%, Nasdaq 100 index futures dropped 0.38%, and S&P 500 index futures were down 0.20%. Renewed tensions between the US and Iran pushed o