Yulia Zeng

TradingKey - Due to the US Independence Day holiday, the June non-farm payrolls report, originally scheduled for Friday, was released early on Thursday, delivering a major disappointment that fell far short of market expectations. Data showed that US non-farm payrolls increased by only 57,000 in June, roughly half of the market forecast of 113,000, and marking a significant decline from May's sharply downward-revised 129,000.

TradingKey - On July 2 local time, the EU's highest court issued a legally binding final ruling, dismissing the appeal by Google and its parent company Alphabet (GOOGL) (GOOG) against the antitrust penalty regarding the Android system, and upholding the fine of 4.1 billion euros (approximately $4.67

TradingKey - On July 1 local time, NVIDIA (NVDA) officially announced the launch of a new business model that combines revenue sharing with credit support. This model allows AI cloud service providers to deploy NVIDIA infrastructure on a large scale and provide computing power services without bearing the full upfront capital expenditures.

TradingKey - News that Meta (META) plans to sell its surplus computing power is sending shockwaves through global capital markets. This news not only shatters the market's long-held core logic of the "absolute scarcity of computing power" but also triggers deep anxiety among investors over whether the AI infrastructure bubble is about to burst.

TradingKey - Against the backdrop of increasingly fierce competition in the global new energy vehicle market, Chinese automaker BYD is reclaiming its position from Tesla (TSLA) as the global leader in pure electric vehicle sales by accelerating its expansion into overseas markets.

TradingKey - As the temporary US-Iran peace agreement took effect and shipping through the Strait of Hormuz gradually returned to normal, international crude oil prices plunged nearly 30% in the second quarter, recording the largest single-quarter decline since 2020, following a first-quarter surge triggered by geopolitical conflicts.

TradingKey - After the market closed on June 30 local time, Nike Inc. (NKE) released its fourth-quarter and full-year financial results for fiscal year 2026. Data showed that fourth-quarter global revenue reached $11 billion, beating market expectations, while full-year revenue stood at $46.4 billion, flat compared to the same period last year.

TradingKey - Driven by the ongoing global investment boom in artificial intelligence infrastructure, South Korea's export trade achieved a historic breakthrough in June, with multiple core indicators hitting record highs.

TradingKey - On June 30, South Korean memory chip giant SK Hynix officially submitted its Form F-1 registration statement to the U.S. Securities and Exchange Commission (SEC), initiating the process for its U.S. initial public offering (IPO), with plans to list on the Nasdaq Global Select Market under the ticker symbol "SKHY."

TradingKey - After the US market close on Tuesday, Nike (NKE) will report its fiscal fourth-quarter 2026 financial results, as the global sportswear giant faces the dual test of transition pains and macroeconomic pressures.

TradingKey - On June 29 local time, Rocket Lab, founded by Peter Beck, announced that it has completed the acquisition of established satellite communications operator Iridium for $8 billion in a cash-and-stock transaction, marking the largest M&A deal in the global commercial space sector in 2026.

TradingKey - Due to the US Independence Day holiday on July 3, the June non-farm payrolls report, originally scheduled for Friday, will be released early on July 2. Regarded as a "barometer" of the US economy, this data will not only directly influence the Federal Reserve's interest rate decisions in the second half of the year, but could also trigger a new round of volatility in global financial markets.

TradingKey - Against the backdrop of intensifying global memory chip supply-demand imbalances, TSMC (TSM) is accelerating its localized supply chain substitution plan to reduce its reliance on the three major international memory giants: Samsung, SK Hynix, and Micron (MU).

TradingKey - Samsung, SK Hynix, and Micron, the three chip giants controlling nearly 90% of the global DRAM market share, are facing a class-action lawsuit in a California federal court. The companies are accused of colluding to restrict traditional DRAM production under the guise of a strategic shift to AI High Bandwidth Memory (HBM), driving up prices by approximately 700% over the past four years.

TradingKey - As the artificial intelligence (AI) boom drives a surge in demand for High Bandwidth Memory (HBM), global memory chipmakers are entering an unprecedented golden age of profitability.

TradingKey - In the coming week, the market will observe the US Independence Day holiday, and US stock markets will be closed on Friday. Heavyweight macroeconomic data, including the US June non-farm payrolls, will be brought forward to Thursday. Global sportswear giant Nike (NKE) is scheduled to release its fiscal 2026 fourth-quarter and full-year financial results after the US market close on Tuesday, June 30 (Eastern Time).

TradingKey — On June 22, Eastern Time, US President Trump signed two executive orders at the White House, officially launching the US quantum computing industry acceleration strategy. This injects strong momentum into the development of this cutting-edge field while rapidly igniting capital market enthusiasm for quantum technology concept stocks.

TradingKey - In February 2025, SanDisk (SNDK) spun off from Western Digital (WDC) to become an independent, publicly listed company focusing on the NAND flash memory business. Little did anyone expect that this storage manufacturer, whose value was once overshadowed by its parent company's diversification strategy, would go on to create a legend in the US stock market, propelled by the AI wave.

TradingKey - According to The New York Times, OpenAI, in which SoftBank holds a 13% stake, may delay its initial public offering (IPO) until 2027.

TradingKey - During Friday's pre-market session EST, the US semiconductor sector suffered a widespread sell-off. ON Semiconductor (ON) saw its pre-market decline widen to as much as 13.6%, Micron Technology (MU) fell 4.7%, and AMD (AMD) and Intel (INTC) both dropped over 3%.