Switzerland Consumer Price Index (MoM) came in at 0% below forecasts (0.1%) in June

TradingKey - Micron (MU) trades near $1,035 after a 10% pullback. Strong AI demand, Q4 guidance, and GM supply deals keep the memory supercycle intact.

The FAA's issuance of regulatory requirements and Elon Musk's denial of AI equipment—two major pieces of negative news—have triggered a plunge in SpaceX's stock price, which may "test the bottom" again at $150 in the short term.

Intel (INTC) trades at $140 after Nvidia chose Xeon 6 for DGX Rubin and invested $5B. Google expands deployments as analysts still trail the rally.

NVIDIA (NVDA) trades at $198 after Michael Burry disclosed a short position. Analysts still see $299 upside as resistance holds near $205.

TradingKey - As June draws to a close, market focus is shifting to the upcoming US non-farm payrolls (NFP) data for June, scheduled for release this Thursday (July 2). The release of this NFP report has been moved forward to Thursday as US markets will be closed on Friday (July 3) in observance of the Independence Day holiday.