<div id="readability-page-1" class="page"><h2>Tracking Market Trends</h2>TradingKey - On July 6, Eastern Time, US stocks regained strength after the Independence Day holiday weekend, with rebounds in AI and chip stocks serving as the core driving force behind the market's upward movement. Investors returned to purchasing semiconductors, AI infrastructure, and mega-cap tech stocks, while starting to prepare for the new corporate earnings season kicking off this week.At the close, the Dow Jones Industrial Average rose 0.29% to 53,061.30; the S&amp;P 500 Index climbed 0.72% to 7,537.43; and the Nasdaq Composite Index gained 1.12% to 26,121.16.In terms of sectors and individual stocks, chip stocks experienced a notable recovery. Broadcom ( AVGO) rose 3.73%, becoming a significant force driving the rebound in the semiconductor sector, primarily boosted by the extension of its custom chip supply agreement with Apple ( AAPL ). AMD ( AMD) surged 6.61%, Nvidia ( NVDA) gained slightly, and Micron Technology ( MU) also recorded a moderate rebound.In commodity markets, oil prices remained volatile at low levels. Brent crude closed at $72.00, while WTI ( USOIL) crude closed at $68.61, largely returning to levels seen before the Iran conflict. OPEC+ continued to raise production targets, Saudi Arabia cut its official selling prices for Asian buyers, and shipping in the Strait of Hormuz gradually resumed, further cooling market concerns over supply disruptions. Short-term oil trading logic is shifting back from geopolitical risk premiums to supply and demand fundamentals.In precious metals, gold slid slightly. Spot gold ( XAUUSD) hovered around $4,152, entering a consolidation phase after surging last week on the back of cooling US employment data. Currently, the core support for gold still stems from the market's downward revision of Federal Reserve rate hike expectations. However, if this week's Fed meeting minutes release hawkish signals, or if the US dollar and Treasury yields rise again, gold may face short-term profit-taking pressure.In the crypto market, Bitcoin ( BTC) sustained its recovery, currently trading around $64,000; Ethereum ( ETH) rebounded to around $1,798, continuing to underperform Bitcoin. The recovery in risk appetite within US equities has provided some support for crypto assets, though market trading volume has not expanded significantly. In the short term, whether Bitcoin can continue to move upward still depends on ETF capital flows, the trajectory of the US dollar, and whether new catalysts emerge from US crypto regulatory progress.<h2>Market News</h2>Broadcom and Apple extend custom chip partnership to 2031. Broadcom announced that it will expand its collaboration with Apple, continuing to develop and supply custom chips for the tech giant, with the agreement extended to 2031. This agreement eases market concerns that Apple might accelerate its in-house R&amp;D to replace Broadcom components in the short term. It also demonstrates that the importance of the custom chip supply chain continues to rise, driven by demand for AI and high-end consumer electronics. Apple accounts for approximately 20% of Broadcom's annual revenue, meaning this long-term agreement supports Broadcom's earnings visibility and valuation sentiment.Samsung Electronics releases strong Q2 earnings guidance. Samsung expects its second-quarter operating profit to surge 19-fold year-on-year to 89.4 trillion won, breaking records for the third consecutive quarter and beating market expectations. The company's revenue is projected to increase 129% year-on-year to 171 trillion won. AI demand is spreading from HBM to conventional DRAM and NAND, driving memory chip prices higher.Microsoft ( MSFT) announces 4,800 layoffs and a restructure of its Xbox business. Microsoft stated it will cut approximately 4,800 jobs, representing about 2.1% of its global workforce, with 3,200 layoffs occurring in its Xbox gaming division alongside the spinoff of some game studios. The company emphasized that these layoffs are not a direct result of AI replacing jobs. However, the market is highly focused on whether Microsoft is controlling labor costs to maintain profit margins amid rising capital expenditures for AI data centers and cloud computing. The news has also prompted investors to reassess the return-on-investment cycle for AI spending by big tech companies.SK Hynix initiates plans for a US listing. SK Hynix has initiated plans for a US listing valued at approximately $28 billion, aiming to debut on the Nasdaq via ADRs to expand its international investor base and capture capital market attention amid the global AI memory boom. As a core supplier of HBM and AI memory, SK Hynix has seen strong stock performance this year. This US listing will further increase global capital participation in the South Korean semiconductor supply chain and may intensify capital diversion and valuation re-ratings within the US AI chip sector.<h2>Top 10 Most Active Stocks</h2>The table below lists the ten most actively traded stocks in the latest market. Supported by massive trading volume and excellent liquidity, these assets have become key benchmarks for tracking global market dynamics.<img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260707/stock-38701fe239a640ef9b9651f400b803ed.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="800" height="494" original-src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260707/stock-38701fe239a640ef9b9651f400b803ed.png"/>Find out more</div>

AVGO

SMSN

SSNGY

US stocks rebounded on July 6, driven by AI and chip sector gains. Broadcom rose 3.73% following an extended custom chip partnership with Apple through 2031. Samsung previewed strong Q2 earnings, beating expectations. Microsoft announced 4,800 layoffs, primarily in Xbox, to manage costs amid AI investments. SK Hynix initiated plans for a $28 billion US listing. Oil prices remained low due to supply fundamentals, while gold consolidated near $4,152.

- US stocks regained strength after the Independence Day holiday, driven by rebounds in AI and chip stocks as investors prepared for the corporate earnings season.  
- The Dow Jones rose 0.29% while the S&P 500 and Nasdaq gained 0.72% and 1.12% respectively, with Broadcom's extended agreement with Apple boosting the semiconductor sector.  
- In commodity markets, oil prices remained volatile while Bitcoin continued its recovery, reflecting a shift in trading logic influenced by market fundamentals over geopolitical risks.

TradingKey

Broadcom

Samsung Electronics Co., Ltd. Sponsored GDR

Samsung Electronics 

Microsoft

Apple

XL2CSOPSMSN

XL2CSOPSMSN-U

SPDR S&P Semicon

SPDR Gold Minishares

Pro Ultr Bloomberg Crude Oil

SPDR Gold Shares

Pro Ultr GLD

iShares Gold Trust

Roundhill Gold WeeklyPay ETF

Direxion Daily MSFT Bull 2X Shares

Leverage Shares 2X Long AVGO Daily ETF

Pro Ultrshrt GLD

T-Rex 2X Long Microsoft Daily Target ETF

Direxion Daily AAPL Bear 1x Shares

Direxion Daily AVGO Bull 2X Shares

YieldMax MSFT Option Income Strategy ETF

XI2CSOPSMSN

Direxion Daily AVGO Bear 1X Shares

ETFS Capital Ltd.

Direxion Daily AAPL Bull 2X Shares

Roundhill AVGO WeeklyPay ETF

GraniteShares 2x Long AAPL Daily ETF

Defiance Daily Target 2X Long AVGO ETF

XI2CSOPSMSN-U

YieldMax AAPL Option Income Strategy ETF

Us Brent Oil

Abrdn Gold ETF Trust

GraniteShares 2x Long AVGO Daily ETF

CSOP KOSPI

Pro Ultrshrt Crude Oil

XL2CSOPHYNIX

GraniteShares 2x Long MSFT Daily ETF

Direxion Daily MSFT Bear 1x Shares

Roundhill AAPL WeeklyPay ETF

T-Rex 2X Long Apple Daily Target ETF

Kurv Yield Premium Strategy Apple Aapl ETF

Roundhill Daily 2X Lon Mag Sev ETF

Direxion Daily S&P Oil & Gas Bull 2X

Direxion Daily S&P Oil & Gas Bear 2X

Roundhill MSFT WeeklyPay ETF

Kurv Yield Premium Strategy Microsoft MSFT ETF

VanEck Semiconductor ETF

iShares Semiconductor ETF

Direxion Semicon Bull 3X

Invesco PHLX Semiconductor ETF

Invesco Semiconductors ETF

First Trust Nasdaq Food & Semicon

Dow Jones Industrial Average

S&P 500

NASDAQ Composite Index

NVIDIA

Micron Tech

NVIDIA Corporation

Today’s Market Recap: Chip Stocks Recover, Broadcom-Apple Partnership Ignites AI Hardware Market, Samsung Earnings Preview Beats Profit Expectations