United States Personal Consumption Expenditures Prices (QoQ) meets forecasts (2.9%) in 4Q

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 - 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 - On May 31, Eastern Time, Berkshire Hathaway (BRK.A) agreed to acquire residential homebuilder Taylor Morrison Home (TMHC) in an all-cash deal at $72.50 per share. This represents a premium of approximately 24% over the stock's closing price last Friday, valuing the equity at approximately $6.8 billion and the total enterprise value at $8.5 billion including debt. Meanwhile, the company’s first-quarter position disclosure revealed that it reduced its holdings in Chevron (CVX) by approximately $8 billion.

TradingKey - During the Asian trading session on June 1, Samsung Electronics surged over 9.6% intraday to 347,500 KRW, hitting a record high. The stock's year-to-date gain has expanded to 189%, driving the Korea Composite Stock Price Index (KOSPI) up by more than 4.5% to break above 8,860 points, also marking a new record high.

Tradingkey - Broadcom (AVGO) will release its fiscal second quarter 2026 earnings report after the U.S. market close on June 3, 2026, Eastern Time. As a leading global provider of AI infrastructure chips and private cloud software platform services, the company has benefited from the accelerated construction of data centers and the continued surge in demand for custom AI chips. Since the release of its previous quarterly results, Broadcom's share price has risen by approximately 36%, significantly outperforming the S&P 500 over the same period.