United States API Weekly Crude Oil Stock down to -4.236M in May 23 from previous 2.499M

TradingKey - On June 29, Eastern Time, Tesla (TSLA) shares reclaimed the $400 mark, rising 5.83% to $401.84 as of press time. Tesla is scheduled to release its second-quarter delivery report this week, with Wall Street investment banks expecting deliveries to beat market expectations.

TradingKey - Nokia (NOK) begins the week at $12.93 after a 7% drop despite AI/Cloud revenue jumping 49% YoY. Q2 earnings, strong order growth, and key support levels are now in focus.

TradingKey - Latest market data show that last Friday (June 26), Micron (MU) experienced a pullback on the first trading day after releasing exceptionally strong earnings. The stock surged to an intraday high of $1,198.71 but later retraced to around $1,121.36, closing down 6.69% for the day. The price action indicates that due to overextended recent gains and rising profit-taking, the stock has begun to show signals of heavy profit-taking at these elevated levels.

The KOSPI and Nikkei 225 indices continued to pull back, as Samsung Electronics, SK Hynix, SoftBank, and Kioxia fell across the board.

TradingKey - Heading into the second half of 2026, the gold market has transitioned from a strong performer early in the year to an asset undergoing a high-level correction. Recently, gold prices fell below the $4,000 threshold for the first time since November 2025, down approximately 29% from the all-time high of $5,597.91 reached in January. On the surface, gold seems to have entered a period of distinct weakness. However, looking at the full-year horizon, can gold still rise in 2026? The answer is that while short-term pressure persists, there are still opportunities for a medium-term recovery, and the long-term bullish thesis remains intact.