Analysis

TradingKey - SpaceX plans to list on Nasdaq on June 12, with less than two weeks remaining before the debut of what is set to be the largest IPO in history. According to recent media reports, SpaceX could be included in the Nasdaq 100 Index as early as July. With a fundraising cap of $75 billion, its market capitalization post-listing may surpass that of Tesla. Supported by the high-growth sectors of AI and aerospace, SpaceX was initially expected to achieve an ultra-high market valuation. However, valuation targets were lowered following the disclosure of its prospectus. When SpaceX filed for a confidential IPO in early April, market valuations reached as high as $2 trillion. Following the prospectus disclosure, latest reports indicate the company's current target valuation has been revised down to $1.8 trillion, a $200 billion reduction from the $2 trillion valuation previously reported by Bloomberg.

TradingKey - Since investors are extremely interested in the coming SpaceX IPO on June 12th, the number of allocations will be very limited. Individual investors usually have trouble buying an IPO directly, and the trading can be quite volatile after the IPO. A less-congested, less-prominent alterna

TradingKey - On June 2, Marvell Technology (MRVL) shares hit a high of $277.22, marking a new all-time high. As of press time, the stock was up 23.65% at $271.33. During a speech at Computex Taipei, Marvell Chairman and CEO Matt Murphy stated that the development of AI infrastructure is following a clear evolutionary path where "bottlenecks emerge and are resolved sequentially." The first stage was the computing power bottleneck, led by NVIDIA, which became the first company in the world to surpass a $5 trillion market capitalization. The second stage was the memory bottleneck, which recently saw the emergence of three new trillion-dollar market cap companies in the memory sector. The industry is currently in the third stage, where connectivity has become the core bottleneck restricting the further scaling of AI infrastructure.

TradingKey - On June 1, Eastern Time, driven by tight demand for memory chips, Micron (MU) shares successfully broke through the $1,000 psychological level. By the close of U.S. trading, Micron’s share price stood at $1,035.68, with its market capitalization rising to approximately $1.18 trillion.

TradingKey — Cloud cybersecurity leader CrowdStrike (CRWD) is scheduled to release its first-quarter fiscal 2027 earnings report after the market close on June 3, ET. Over the past month, the company’s share price has surged by a cumulative 67% as market sentiment heated up significantly, pushing investor expectations for the upcoming report to high levels.

TradingKey - Microsoft Q3 FY2026: $61.9B revenue +13%, Azure +31%, 80%+ of Fortune 500 using Azure AI. $190B 2026 capex commitment. MSFT at $452, Fib 0.618 cleared. Build 2026 today. Target $472.

MicroStrategy and Bitcoin are experiencing a downward spiral; the key to a short-term floor lies in the upcoming release of U.S. ADP and non-farm payroll data.

TradingKey — US stock index futures edged lower in pre-market trading on Tuesday, June 2. Yesterday, US stocks hit fresh record highs as AI themes continued to dominate market sentiment. However, investors remained cautious ahead of this Friday’s non-farm payroll report, while monitoring the impact of Middle East tensions on oil prices and inflation expectations. As of press time, Dow futures were down approximately 0.46%, S&P 500 futures fell about 0.18%, and Nasdaq 100 futures declined roughly 0.1%.

TradingKey - Snowflake stock surged to $280 after a 52% rally in five trading days. Can AI-driven growth and the Snowflake Marketplace push SNOW toward $317?

TradingKey - Google parent Alphabet (GOOGL) announced on Monday the launch of an equity financing plan totaling up to $80 billion, aimed at providing capital for its ambitious AI infrastructure expansion.

TradingKey — According to media reports on June 2, SK Group Chairman Chey Tae-won issued several major signals at the GTC conference in Taipei. He explicitly stated that SK Hynix plans to double its memory chip wafer capacity within the next five years, with the goal of becoming the primary HBM chip supplier for Nvidia’s next-generation AI computing platform, the Vera Rubin system. Furthermore, the company aims to further expand its diversified partnerships in Taiwan.

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 - Anthropic announced on Monday that it has confidentially filed for a U.S. IPO, taking the lead over rival OpenAI in the race to go public. According to Reuters, Anthropic’s listing could occur as early as this autumn. Following Anthropic’s filing announcement, the competition between the two has become increasingly concrete: whoever can go public first and seize a favorable market window will be more likely to win the race.

TradingKey - On June 1 local time, AI startup Anthropic suddenly announced that it has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), taking a critical step toward going public ahead of its long-standing industry rival, OpenAI.

TradingKey - Japanese and South Korean stock markets closed mixed on Tuesday. The Nikkei 225 Index finished 0.30% lower at 66,734.02, while the KOSPI rose 0.15% to close at 8,801.49.

TradingKey - On June 1, Qualcomm (QCOM) CEO Cristiano Amon stated in his COMPUTEX 2026 keynote that 2026 will be the "Year of the AI Agent" and officially launched Dragonfly, a new brand for data center AI inference chips, marking Qualcomm's comprehensive entry into the data center computing market.

TradingKey - From chips to ecosystems, a platform war is taking shape

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 Asia trading session on June 2, Samsung Electronics' intraday market capitalization briefly exceeded $1.54 trillion, momentarily surpassing Meta Platforms (META) and Tesla (TSLA) to rank ninth globally before retracing. As of afternoon trading, Samsung's market cap stood at a

TradingKey - A fire broke out at South Korean semiconductor giant SK Hynix's core chip manufacturing facility at Campus 4 in Cheongju, North Chungcheong Province, at approximately 10:32 AM local time on June 1, accompanied by a minor leakage of hydrofluoric acid. The fire originated on the 6th floor of a gas room connecting the M15 and M15X production facilities and was quickly brought under control after the automatic sprinkler system was activated.