Jane Zhang

TradingKey - On Monday, June 22, renowned Apple supply chain analyst Ming-Chi Kuo revealed in a post that Google (GOOGL) (GOOG) will develop an upgraded v9 chip, potentially codenamed "Triggerfish," based on its TPU v9 (codename "Humufish"), with MediaTek exclusively securing the order. The chip's target applications are aimed at AI agent and reinforcement learning (RL) scenarios, and it is expected to enter the volume production phase in 2028.

Nvidia's 2026 annual shareholder meeting is scheduled to be held on June 24, with capacity ramp signals for its flagship Blackwell chip and its first self-developed Vera CPU drawing intense focus from global investors.

TradingKey - Negotiations between US and Iranian delegations in Switzerland took an abrupt turn on Sunday. According to Iranian state media, after 80 minutes of talks, the Iranian delegation walked out of the venue due to "insulting remarks" by the US side. Meanwhile, Trump issued a warning, stating he "will once again launch very heavy strikes against Iran." Affected by this, Brent crude futures rose by as much as 1.5% after the opening of the Asian market on Monday, while WTI crude also gained over 1%. US stock index futures fell across the board, with S&P 500 futures down 0.72% and Nasdaq 100 futures dropping over 1%.

TradingKey - Global Equities Research has published a positive report on Intel (INTC) with a peak price target of $200 and the firm believes this could be a $5 trillion company in the end. The question after a stellar rise of about 240% year-to-date is whether that long-term valuation makes sense –

TradingKey - Recently, SpaceX has become a dominant theme in the US stock market, with market enthusiasm for the asset reaching an unprecedented frenzy. Amid this "carnival" in US equities, Bloomberg reporter and strategist Jan-Patrick Barnert issued a warning: despite the recent easing of geopolitical risks following the US-Iran agreement, the market still faces multiple headwinds.

TradingKey - On Wednesday, June 17 (Eastern Time), the Federal Reserve decided to keep the federal funds rate unchanged, marking the FOMC's fourth pause since 2026. This was the debut FOMC meeting for the Fed's new Chair, Kevin Warsh. The post-meeting statement was extremely brief, consisting of only three paragraphs and approximately 114 words.

TradingKey - On Wednesday Eastern Time, US media outlet Axios, citing two US officials, reported that the United States and Iran have remotely signed a memorandum of understanding aimed at ending the war and opening the Strait of Hormuz, with the agreement now in effect.

TradingKey - According to a report by The Information on June 16, OpenAI disclosed several financial metrics in a document to shareholders. OpenAI's revenue in the first quarter of 2026 reached $5.7 billion, while its cash burn during the same period was as high as $3.7 billion, with both figures increasing approximately threefold year-on-year. What other financial black holes do OpenAI's recently disclosed data reveal? Will this impact its potential listing?

TradingKey - On Tuesday, August Brent crude futures settled down over 5% at $78.96 per barrel, falling below the $80 mark for the first time in three months. Brent has now fallen for four consecutive trading sessions, marking its longest losing streak of the year and almost entirely erasing all gain

TradingKey - On Tuesday (June 16) Eastern Time, SpaceX (SPCX) rose for the third consecutive trading day, with its market capitalization surpassing Amazon's to become the world's fifth-largest stock. During intraday trading, the stock surged as much as 17%, briefly surpassing Microsoft in market value to become the fourth-largest company in the U.S. stock market. Since its listing, the stock has gained a cumulative 49%, reflecting strong investor enthusiasm.

TradingKey - According to the latest reports, SpaceX is set to acquire Anysphere, the developer of the AI programming tool Cursor, for $60 billion, with the merger scheduled to close in the third quarter of 2026. Forbes reported that the latest annual recurring revenue (ARR) of Cursor, the AI startup targeted by Elon Musk's SpaceX, has surpassed the $4 billion mark. Will this acquisition drive up SpaceX's share price? What sets Cursor apart from its competitors? Will this bring SpaceX one step closer to its goal of building space data centers?

TradingKey - Since 2026, gold has erased nearly all of its gains, falling more than 20% from its record high of $5,595 set at the end of January. Has gold bottomed out? Is now the time to increase gold holdings? On June 15, both Barclays and Citi expressed bullish outlooks. Citi raised its 3-month gold target price to $4,500, after lowering it to $4,000 in early June, while maintaining its 6-to-12-month bullish forecast of $5,000 per ounce. Barclays, meanwhile, believes this decline is a price reset rather than the end of the bull market.

TradingKey - Despite Trump’s statement on the 14th that a U.S.-Iran agreement will be signed this Friday (June 19) followed by the reopening of the Strait of Hormuz, the market remains highly skeptical. Data from the prediction market Polymarket indicates only a 23% probability that operations in th

TradingKey — Boosted by easing tensions in the Middle East, the three major US stock indices closed higher across the board this week. With the official launch of the SpaceX IPO, the largest IPO window in US history has officially opened. In the coming week, the market will focus on progress regarding the US-Iran peace agreement, which may dictate the direction of US equities. Federal Reserve Chair Kevin Warsh will hold his first monetary policy press conference, with interest rates expected to remain unchanged. Additionally, OpenAI CEO Sam Altman is scheduled to visit South Korea.

TradingKey - On June 12 local time, The Wall Street Journal cited people familiar with the matter reporting that attorneys general from several U.S. states have launched a joint investigation into OpenAI. OpenAI received a subpoena on the same day, requesting business documents related to user interactions, advertising strategies, data usage, and the protection of minors. Meanwhile, OpenAI's competitor Anthropic also faced an administrative ban. According to Axios, U.S. Secretary of Commerce Lutnick sent a letter to Anthropic CEO Dario Amodei, placing its two most advanced AI models, Fable 5 and Mythos 5, under the scope of export controls.

TradingKey - On June 12, Eastern Time, SpaceX officially debuted on the Nasdaq Stock Market. The stock closed up 19% on its first day of trading, with its closing market capitalization reaching $2.11 trillion, ranking it 6th in the U.S. stock market by market value. This surge made Elon Musk the first individual in history to surpass a net worth of $1 trillion.

TradingKey - According to multiple sources, the U.S.-Iran peace agreement has entered its final sprint. Pakistan Prime Minister Shehbaz Sharif stated on the social media platform X on Friday that both sides have reached an agreement on the text of a final peace deal, noting that "peace has never been closer than it is today."

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 - 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 - The US-Iran conflict continues to escalate, driving a sharp surge in crude oil prices. On Wednesday, both Brent and WTI crude futures closed higher, surpassing $90 per barrel. During intraday trading on Thursday, oil prices rose further, with WTI futures gaining over 2% to break above $92, while Brent crude increased by 0.5% to stand above $95.