News
Important Only
Breaking: GPT-5 Set to Launch This Summer; Potential Revenue Model Enhancements Could Include Advertising
TradingKey - On Wednesday, OpenAI CEO Sam Altman made a significant announcement in the company's inaugural podcast: GPT-5 is expected to debut this summer, potentially marking the most important AI version to date.TradingKey
Thu, Jun 19
Swiss National Bank cuts rates to zero, will not rule out going negative
SNB cuts rates with inflation negative and franc strongSNB anticipates weaker global growth, rising US inflationAnalysts suggest SNB may pause rate cuts unless economy worsensBy John Revill ZURICH, June 19 (Reuters) - The Swiss National Bank cut its interest rate to zero on Thursday and did not r...Reuters
Thu, Jun 19
Fed's Internal Divisions Deepen? Powell Exercises Caution Amid Uncertainty
TradingKey - On Wednesday, June 18th, the Federal Reserve opted to hold rates steady, marking the fourth consecutive pause in its rate-cutting cycle. The benchmark federal funds rate remains in the range of 4.25% to 4.5%. However, the release of the latest dot plot indicates growing divisions withinTradingKey
Thu, Jun 19
Is Intel’s Counterattack Beginning with Chen Liwu's Bold Restructuring?
TradingKey – To accelerate strategic restructuring and business transformation, Intel recently announced a series of executive appointments, forming an "A-team" for AI chip development, which the market interprets as an attempt to build a "semiconductor Avengers" team.
TradingKey
Thu, Jun 19
China's 618 shopping fest sets record, but daily spending slips
Budget-conscious buyers not enticed by longer 618 eventRetail sales growth in May driven by early 618 startSubsidy suspension may impact June retail sales, analysts sayBy Sophie Yu and Casey Hall BEIJING, June 19 (Reuters) - China's largest mid-year shopping festival, 618, ended on Wednesday ...Reuters
Thu, Jun 19
Labubu 3.0 Resale Prices Halved; Pop Mart Stock Plunges
TradingKey - On the evening of June 18, the Labubu 3.0 series from Pop Mart launched global online pre-sales, with a total replenishment across all channels reaching between 4 million and 5 million units. The surge in market supply has weakened scalpers' ability to control prices.TradingKey
Thu, Jun 19
Eutelsat shares surge on deal with French armed forces
June 19 (Reuters) - Shares in French satellite operator Eutelsat ETL.PA shot 10% higher on Thursday after it said it had signed a 10-year deal with the French government to provide connectivity for the country's armed forces.Under the 1 billion euro ($1.15 billion) agreement, the French military...Reuters
Thu, Jun 19
Microsoft Stock Soars to Record High on AI Bet; 6,000 Job Cuts Planned to Offset Costs
TradingKey - On June 18, Eastern Time, Microsoft (MSFT) saw its stock price rise by 0.5% to $480.24, reaching a historic high. As of that day, the company's cumulative growth for 2025 has reached 14%, making it one of the standout tech stocks among the "Magnificent Seven" in U.S. markets.TradingKey
Thu, Jun 19
The Biggest "Triple Witching" in History Approaches – Will the Israel-Iran Conflict Make U.S. Market Trading Wackier?
TradingKey - On Friday, June 20, U.S. financial markets will face the much-anticipated "Triple Witching" day, when stock index futures, stock index options, and stock options all expire simultaneously. This event is typically accompanied by high trading volume and increased market volatility.TradingKey
Thu, Jun 19
PRECIOUS-Gold rises on Middle East tension; platinum at 10-year peak
US Fed signals slower easingPalladium up more than 1%By Brijesh Patel and Anmol Choubey June 19 (Reuters) - Gold prices gained on Thursday, as the Iran-Israel conflict entered its seventh day, while platinum rose to a more than 10-year high on expectations of a supply shortfall.Spot gold XAU= was...Reuters
Thu, Jun 19
Fed’s 2025 PCE Forecast Surpasses 3% – Peter Schiff: Rate Cuts Are the Cause, Not the Cure
TradingKey - Despite U.S. President Donald Trump's claims that high inflation does not exist, and his continued pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the June FOMC meeting's Summary of Economic Projections (SEP) continues to signal rising stagflation risks, with ...TradingKey
Thu, Jun 19
