Canada Imports rose from previous $70.99B to $72.44B in April

Tradingkey - On June 9, during the early US trading session, the three major indices all weakened. The Nasdaq Composite and the S&P 500 reversed earlier gains to trade lower, while the Dow Jones saw slight support. As of press time, the Nasdaq Composite was down 0.79% at 25,724.55; the S&P 500 Index fell 0.32% to 7,382.36; the Dow Jones edged up 0.08% to 50,828.49.

TradingKey - The U.S. Bureau of Labor Statistics will release May CPI data at 8:30 AM ET on June 10. This report is the most critical inflation reading ahead of the Federal Reserve's June 16-17 policy meeting and serves as key data for the market to gauge whether the Fed needs to maintain its hawkish stance following strong non-farm payrolls.

TradingKey — On June 8, ET, the Financial Times reported that Apollo Global Management (APO) and Blackstone (BX) have finalized a $35 billion private credit financing arrangement to support the computing power expansion of AI leader Anthropic. The funds will be used to purchase custom-developed Tensor Processing Units (TPUs) from Google (GOOGL) for Anthropic’s use through a leasing structure.

TradingKey - On June 8, Eastern Time, as SpaceX prepares for the largest IPO in history, CEO Elon Musk unveiled the detailed design of the "AI1" AI data center satellite, supporting the company's upcoming record-breaking initial public offering.

TradingKey - Following a broad sell-off last Friday, the U.S. memory stock sector staged a strong rebound in pre-market trading today, with Micron Technology (MU) gaining over 7%. Tesla (TSLA) CEO Elon Musk publicly expressed bullish views on Micron during an interview at JPMorgan Chase’s global headquarters, stating that "the real bottleneck lies in chip manufacturing capacity" and that Micron's current production capacity is far below actual demand.