Huanyao Fang

TradingKey - During the Asian trading session on the morning of June 15, Asia-Pacific equity markets extended their strong rally. The Nikkei 225 Index opened 1.30% higher, with gains quickly expanding. It touched 69,200 points for the first time intraday, breaching the 69,000 psychological mark, and closed up 4.84%.

TradingKey - SpaceX debuted on Nasdaq on June 12, with an overall IPO valuation of $1.77 trillion and $75 billion raised, becoming the largest IPO in global history.

TradingKey - Year-to-date, international gold prices have fallen by more than 23% from an all-time high of $5,598.75 per ounce, completely wiping out all gains for the year. Since peaking at the end of January, gold prices have closed lower for four consecutive months.

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 - 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.

TradingKey - SpaceX is set to debut on the Nasdaq on June 12 under the ticker symbol SPCX. The offering price is set at $135 per share, with a fundraising target of $75 billion, implying a total company valuation of $1.77 trillion. This will be the largest IPO in global history.

TradingKey - According to a Reuters report citing two attendees, SpaceX President Gwynne Shotwell and CFO Bret Johnsen stated that the company plans to launch its first demonstration orbital AI computing infrastructure by the end of 2027.

TradingKey - Gold Prices Decline for Four Consecutive Months: Is the Precious Metals Bull Market Partially Over? Where Is the Next Support Level?

TradingKey - SpaceX is set to list on Nasdaq on June 12, targeting a valuation of $1.75 trillion. At that time, only approximately 3% to 4% of total shares will be freely tradable, with founder shares subject to a 366-day lock-up, resulting in an extremely thin public float.

TradingKey - On June 8, Eastern Time, the memory chip and optical communication sectors led the rebound. Following the systemic sell-off on June 5, when the Philadelphia Semiconductor Index plummeted more than 10% in a single day, these two sub-sectors have emerged as the vanguard in the AI valuation recovery rally.

TradingKey - South Korean equities rebounded sharply in early Asian trading on June 9. The Korea Composite Stock Price Index (KOSPI) saw early gains expand to 4.8%, led by Samsung Electronics and SK Hynix, which both rose approximately 6%. The Korea Exchange triggered a circuit breaker as KOSPI 200 futures surged 5%, suspending program trading for five minutes.

TradingKey - The Federal Reserve will hold its interest rate meeting on June 16-17 ET. The market widely expects rates to remain unchanged, though officials may overall signal a hawkish stance.

TradingKey - Tensions in the Middle East have escalated sharply once again. On the evening of June 7 local time, in response to Israeli airstrikes on the southern suburbs of Beirut, Lebanon, Iran launched at least three waves of ballistic missiles at the Israeli mainland. This marks Iran's first direct attack on Israeli territory since the ceasefire between the two nations on April 8.

TradingKey - Japanese and South Korean stock markets opened sharply lower on Monday (June 8), extending the panic from last week’s overnight plunge in U.S. tech stocks. The Nikkei 225 opened down 0.9% before losses widened rapidly, falling nearly 4% intraday to a low of 63,987 points, eventually rebounding after breaking below the 64,000 psychological level.

TradingKey - During the Asian session on the morning of June 8, South Korea's KOSPI Index saw its opening losses widen to 8.37%, falling below the 7,500-point integer mark. The Korea Exchange announced a 20-minute trading suspension as the KOSPI's plunge triggered circuit breakers. Heavyweight stocks collapsed across the board, with Samsung Electronics and SK Hynix both falling 10% intraday, leading the market lower.

TradingKey - In 2026, the S&P 500 Index has repeatedly hit new record highs. As of the close on June 2 Eastern Time, its total market capitalization surpassed $69 trillion, representing a year-to-date gain of more than 10%.

TradingKey - On June 3 (ET), despite ASIC giant Broadcom reporting impressive quarterly results—with revenue exceeding $22 billion for the first time (up 48% YoY) and AI semiconductor revenue reaching $10.8 billion (up 143% YoY), both slightly beating expectations—shares still plunged over 15% after hours and ultimately closed down 13.78%.

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.

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 — 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.