France HCOB Composite PMI above expectations (47.3) in April: Actual (47.8)

TradingKey - On June 24, Eastern Time, Qualcomm (QCOM) sent a major signal at its Investor Day: the company projects that its data center chip sales will exceed $15 billion by 2029, with revenue from the segment expected to reach $5 billion by fiscal year 2027. Meanwhile, Meta (META) will adopt its Dragonfly C1000 data center CPU, and Microsoft (MSFT) will deploy its HBC chips, marking Qualcomm's official entry into the AI data center market. Following the announcement, Qualcomm shares surged over 12% in after-hours trading.

Nvidia and Micron eased chip-sector anxieties, driving sharp gains in Japanese and South Korean stock markets, with AI stocks such as Kioxia, SK Hynix, and Samsung Electronics leading the rally.

TradingKey - SpaceX stock trades near $156 after a $25 billion bond offering attracted $89 billion in demand. With the bridge-loan risk removed and RSI oversold, investors are assessing whether SPCX's 31% pullback has gone too far.

TradingKey - As of today's European session (June 24), gold prices (XAUUSD) maintained a weak downward trend intraday, hitting a near two-week low of $4,050 during the session, indicating clear short-term bearish sentiment in the market. As of press time, gold was trading at $4,077.77, down 0.78% on the day.

TradingKey - Recently, after testing the $62.00 level again, silver prices (XAGUSD) continued to rebound on expectations of US-Iran peace talks, briefly surging to $70 this week. As of the European session on June 17, silver prices consolidated around $69.60. However, technical analysis shows a double-bottom pattern on the weekly chart, which may support a continued rise in silver prices.