Huanyao Fang

TradingKey - On June 3 (Eastern Time), AI company Anthropic reportedly selected Morgan Stanley and Goldman Sachs as lead underwriters for its initial public offering (IPO), with JPMorgan Chase also set to participate in the deal. According to people familiar with the matter, more investment banks may join the underwriting team in the future.

TradingKey - Broadcom (AVGO.US) shares plummeted in after-hours trading on June 3 ET, at one point diving over 15% before closing down 13.78%. Financial data showed second-fiscal-quarter revenue of $22.2 billion, up 48% year-on-year, marking the highest single-quarter growth in nine years. Adjusted earnings per share reached $2.44, up 54% year-on-year. The operating margin climbed to a record 67%, and adjusted EBITDA reached $15.2 billion (representing a 69% margin), both of which exceeded guidance.

TradingKey - During the Asian trading session on June 4, Bitcoin continued its multi-day plunge, briefly falling below the $62,000 mark to as low as $61,338. As of press time, Bitcoin was trading at $63,844 as intraday losses narrowed. The 24-hour decline stands at approximately 3.6%.

TradingKey — As the countdown to the SpaceX IPO officially begins, the first dissenting voice has emerged on Wall Street. In June 2026, Morningstar, a leading global rating agency, initiated research coverage on SpaceX, assigning a fair value estimate of $780 billion—less than half of the company’s target IPO valuation range of $1.75 trillion to $1.8 trillion.

TradingKey — On June 2, Eastern Time, the cryptocurrency market suffered its most severe mass liquidation year-to-date. Bitcoin (BTC) breached the $70,000 psychological threshold for the first time since April 2026, plunging through the $69,000, $68,000, $67,000, and $66,000 marks to hit an intraday low of $65,978. This represents a decline of more than 14% from the high of $77,799 reached just two trading days ago.

TradingKey - Since listing in Tokyo in December 2024, Kioxia Holdings has taken one and a half years to leap from its IPO to Japan's top three companies by market capitalization. As of the Asian trading session on June 3, Kioxia's Japanese shares saw year-to-date gains reach as high as 660%, topping the leaderboard for annual gains among global semiconductor manufacturers.

TradingKey — On June 1, Eastern Time, Alphabet, the parent company of Google, announced plans for an equity financing program of up to $80 billion to expand its artificial intelligence computing infrastructure. Berkshire Hathaway will subscribe to $10 billion of the shares through a private placement.

TradingKey - During the Asian trading session on June 2, Marvell Technology (MRVL.US) surged in U.S. overnight trading, with gains once exceeding 12%. In terms of market capitalization, Marvell Technology's current market value is approximately $181 billion, still a significant distance from the trillion-dollar milestone.

TradingKey - During the Asian trading session on June 2, led by the continued gains of chip giants SK Hynix and Samsung Electronics, the total market capitalization of South Korean listed companies surpassed the $5 trillion mark, officially overtaking India’s $4.8 trillion to become the world’s sixth-largest stock market for the first time since 2003.

TradingKey - Three AI giants, SpaceX, OpenAI, and Anthropic, are set to list on the US stock market successively in the second half of this year. SpaceX is valued at 2 trillion, while OpenAI and Anthropic are both valued at nearly 1 trillion.

TradingKey - During the Tokyo trading session on June 1, shares of SoftBank Group (9984) surged more than 13% intraday, with its market capitalization briefly surpassing 47.2 trillion yen.

TradingKey - Broadcom will release its second-quarter fiscal 2026 earnings report after the market close on June 3. Wall Street consensus is clear: revenue of approximately $22 billion, up 47% year-over-year; AI semiconductor revenue is expected to reach $10.7 billion, a 140% year-over-year increase.

TradingKey - While investors are focused on Micron Technology taking machine learning to create a historic memory boom, a different corner of the storage market is going through a big change too. Once viewed as merely a cyclical hard drive producer, Western Digital is steadily positioning itself to

TradingKey - Since May, the precious metals market has continued its corrective trend. Spot gold fell below the $4,500 mark multiple times during the month before rebounding slightly, marking a significant retracement from its year-to-date highs. Spot silver briefly lost the $75 level within the month, with high-to-low volatility exceeding 15%.

TradingKey - On May 28, Eastern Time, Dell Technologies (DELL.US) delivered blockbuster first-quarter results for fiscal year 2027 after the U.S. market close. Revenue and profit significantly exceeded expectations, and the company substantially raised its full-year financial guidance, driving Dell shares to surge nearly 40% at one point in after-hours trading.

TradingKey - As of August 28, Eastern Time, AI cloud infrastructure provider Nebius Group (NBIS.US) surged over 11% intraday before closing at $226.34, up 8.62%. The stock continued to rise by more than 1.5% in overnight trading. Year-to-date, the shares have seen a cumulative gain of 170.4%.

TradingKey - After the market close on May 28 ET, retail giant Costco (COST.US) released its fiscal third quarter 2026 earnings report. Both revenue and earnings per share (EPS) exceeded market expectations, while key comparable store sales growth and digital channel performance outperformed major r

TradingKey - After the market close on May 28, Dell Technologies (DELL.US) released its first-quarter earnings for fiscal year 2027. Core metrics crushed market expectations across the board, driving the post-market share price up by over 39% at one point, marking its largest gain since 2018. The company’s AI demand is consistently propelling it toward cash-machine-style growth.

TradingKey - USD/JPY touched 159.65 during the early Asian trading session on May 28, just shy of the 160.70 level recorded prior to the Japanese authorities' intervention in early May. Following the Bank of Japan's intervention, which had pushed the yen to 155.50, approximately 80% of those gains have been retraced in just three weeks.

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.