China Foreign Exchange Reserves (MoM): $3.442T (May) vs $3.411T

TradingKey - On June 1 (Eastern Time), Anthropic officially filed for a confidential IPO with the U.S. Securities and Exchange Commission (SEC), and is poised to become the first AI startup with a trillion-dollar valuation.

TradingKey - Marvell delivered $2.4 bn in Q1 revenue and raised FY2027 guidance. Why does Nvidia CEO Jensen Huang believe MRVL could become a trillion-dollar company?

TradingKey - Nebius Group Q1 2026: $399M revenue +684% YoY, EBITDA positive $129.5M. Microsoft $17–19B and Meta $27B contracts. $9.3B cash. 1.2 GW power. NBIS at $253.51. Target $280.

Tradingkey - On June 4, a significant explosion involving Blue Origin failed to undermine its eligibility for core U.S. military launch bidding. The U.S. Space Force procurement arm stated that despite the "New Glenn" launch pad accident last week, Jeff Bezos's Blue Origin retains its certification for Phase 3 ("Lane 2") of the Pentagon’s National Security Space Launch (NSSL) program. The company will continue to compete against SpaceX and United Launch Alliance (ULA) for military launch contracts valued at tens of billions of dollars over the next five years.

The primary drivers of this sharp decline include the U.S.-Iran conflict fueling inflation and suppressing rate-cut expectations, MicroStrategy’s first-ever coin sale, and collective sell-offs by spot ETFs and whales. However, mining rigs are currently approaching shutdown levels, while the RSI and sentiment index have entered extreme oversold and panic territory, suggesting the market has hit production costs. The 60,000 level is expected to provide strong support.