Yulia Zeng

TradingKey - On June 12, the moment SpaceX (SPCX) rang the opening bell on Nasdaq, it not only shattered global IPO fundraising records but also made Elon Musk the first person in history with a net worth exceeding $1 trillion. Shares closed at $160.95 on the first day of trading, up nearly 20%, with its market capitalization firmly reaching $2.1 trillion, making it the sixth-largest company in the U.S. by market value.

TradingKey - South Korea's stock market is nearing a milestone it has pursued for over a decade. Bloomberg reports indicate that as MSCI prepares to announce its annual market classification review results on June 23, Seoul is more eager than ever to secure an entry ticket to the developed market club.

TradingKey — Cathie Wood is placing her biggest bet on Elon Musk's space empire. Latest trading records disclosed by ARK Invest show that several of its ETFs collectively acquired approximately 3.29 million shares of SpaceX (SPCX) in a single day, deploying approximately $443 million in capital.

TradingKey - U.S. President Trump announced on his social media platform on Saturday that the agreement will be officially signed on Sunday. Once signed, the Strait of Hormuz, which has been blocked for three and a half months, will immediately resume free navigation.

TradingKey - The initial public offering (IPO) of Space Exploration Technologies Corp. (SpaceX), led by the world's richest man Elon Musk, is igniting an unprecedented surge in capital markets. According to sources, as of Tuesday, the IPO has attracted over $250 billion in subscription demand, far exceeding the company's $75 billion fundraising target, with an oversubscription ratio of 3.5 to 4 times.

TradingKey - Global semiconductor foundry giant TSMC (TSM) released its May 2026 revenue report on June 10. Monthly consolidated revenue reached NT$416.98 billion, representing a significant year-on-year increase of 30.1% and a month-on-month growth of 1.5%, setting an all-time monthly record. This performance extends the robust growth momentum seen since the beginning of 2026.

TradingKey - Just as the market consensus suggested that NVIDIA's valuation had peaked, billionaire investor and Wall Street hedge fund titan Dan Loeb offered a different perspective. He believes NVIDIA remains undervalued and that its future earnings potential far exceeds market expectations.

TradingKey - British pharmaceutical giant GSK announced on June 9 that it will acquire U.S. biotechnology company Nuvalent (NUVL) for $10.6 billion in an all-cash deal to bolster its lung cancer drug pipeline. This transaction marks GSK's largest acquisition in over a decade and represents the first major strategic move under new CEO Luke Miels.

TradingKey - On June 8, ET, Apple (AAPL) officially kicked off its Worldwide Developers Conference (WWDC 2026) in Cupertino, California. This landmark event, widely regarded by the industry as Apple’s "Year 1 of AI," has captured the attention of the global tech community. At this final WWDC hosted by Tim Cook in his capacity as CEO, Apple utilized the entire keynote to demonstrate that it will no longer be absent from the AI era.

TradingKey - On Monday Eastern Time, U.S. President Trump issued a major statement during a tele-rally for South Carolina Senator Lindsey Graham, claiming that the U.S. will achieve a "total victory" over Iran within the next two weeks, at which time international oil prices will drop significantly.

TradingKey - AI chipmaker Marvell Technology (MRVL) officially announced its upcoming inclusion in the S&P 500 Index; the stock rose nearly 9% in pre-market trading on Monday.

TradingKey - Following a broad sell-off last Friday, the U.S. memory stock sector staged a strong rebound in pre-market trading today, with Micron Technology (MU) gaining over 7%. Tesla (TSLA) CEO Elon Musk publicly expressed bullish views on Micron during an interview at JPMorgan Chase’s global headquarters, stating that "the real bottleneck lies in chip manufacturing capacity" and that Micron's current production capacity is far below actual demand.

TradingKey - As the AI wave continues to drive U.S. equities higher, debates over whether valuations have reached unsustainable levels are intensifying. Goldman Sachs (GS) noted in its latest research report that although some signs of overheating are emerging, key indicators show a significant gap between current market levels and the extremes seen during historical bubble periods. Meanwhile, Citigroup (C) has sharply raised its year-end 2026 S&P 500 target to 8,100, citing an "unprecedented" AI capex super-cycle.

TradingKey - Following the severe turbulence of last Friday's "Black Friday," Wall Street is awaiting the release of U.S. May Consumer Price Index (CPI) data this Wednesday with bated breath. Traders are widely concerned that the report could reveal the largest surge in inflation in years, potentially extinguishing market hopes for Federal Reserve rate cuts this year and significantly bolstering rate hike expectations.

TradingKey - Apple’s (AAPL) upcoming Worldwide Developers Conference (WWDC), set to kick off on June 8, is becoming the tech industry’s most watched focal point. The five-day event (June 8–12) will officially commence with a keynote address on the 8th at ET. Expectations have surged far beyond routine software updates—the market is eager to see Apple deliver on the AI commitments it made for 2024.

TradingKey - As an AI super-unicorn with a valuation nearing $1 trillion, Anthropic’s IPO process has consistently captured the attention of global capital markets. Monitor Anthropic-concept stocks.

TradingKey - JPMorgan (JPM) has upgraded Tesla (TSLA) from "Underweight" to "Neutral" and significantly raised its price target from $145 to $475, an increase of over 227%.

TradingKey - On June 4 local time, SpaceX, the rocket and AI company owned by the world's richest person Elon Musk, officially launched the largest IPO roadshow in history.

TradingKey - As Wall Street revels in the AI chip stock frenzy, Bill Ackman has issued a warning. The founder of Pershing Square Capital stated bluntly that the current market is repeating the mistakes of the 2000 dot-com bubble, as investors frantically chase "shiny new things" such as chips, semiconductors, and energy, while neglecting high-quality tech stocks that possess genuine long-term value.

TradingKey - Marvell (MRVL) shares extended their strong rally on Wednesday, surging as much as 13% in pre-market trading.