Week Ahead | 'Super Event Week' Arrives! SpaceX Prepares for IPO; Apple Holds WWDC with Siri AI as the Main Attraction; FIFA World Cup Kicks Off; Oracle Earnings and China-U.S. CPI Data to Be Released

In the coming week, the market will迎来 a series of significant events, but the most closely watched remains SpaceX’s potential initial public offering (IPO). Under current arrangements, the offering could launch on Friday. If it proceeds as planned, it is expected to have a notable impact on overall market sentiment, though the direction of that impact remains uncertain. A timely IPO could boost market activity, whereas any delay might undermine investor confidence. Apart from SpaceX, Apple’s Worldwide Developers Conference (WWDC), earnings reports, and Taiwan Semiconductor’s May sales data could also serve as key drivers of market volatility.

Futu News16:00

In any case, do not 'ignore' Friday's sharp decline.

The well-known financial blog QTR's Fringe Finance warned in a post: Do not treat this downturn as yet another opportunity to buy the dip. Current valuation levels, the Federal Reserve’s predicament, and the fragility of market structure are fundamentally different from the 'every dip gets rescued' environment that investors have grown accustomed to over the past 15 years.

wallstreetcn13:29

Fed 'Spokesperson': From 'Three Rate Cuts' to 'Reverting to Hikes'—Wasserman Faces Unprecedented Test at First FOMC Meeting

① Federal Reserve Chair Waller faced immediate challenges just two weeks into his tenure, as a strong nonfarm payrolls report fueled expectations of an interest rate hike, triggering a sell-off in U.S. equities and sending the Nasdaq plunging by more than 4%; ② Trump and his chief economic advisor argued that the jobs report indicated room for the Fed to cut rates, but Federal Reserve officials and major Wall Street banks forecast rate hikes within the year.

cls.cn11:10

The U.S. plans to use Iran's frozen assets to compensate Gulf states for their losses, potentially serving as a 'new incentive' in ceasefire negotiations.

① The U.S. government is considering using Iran’s frozen assets to repair and reconstruct damage in the Gulf region caused by Iranian attacks and to address potential future destruction; ② According to informed sources, U.S. Treasury Secretary Scott Bessent has directed his team to assess the associated costs; ③ Recently, mutual attacks between the U.S. and Iran have once again disrupted negotiations between the two sides, and peace talks now appear to have stalled.

cls.cn09:14

Nine major tech stocks shed $1 trillion in value in a single day! A comprehensive overview of Wall Street’s take on Friday’s sell-off

① U.S. stocks faced heavy selling on Friday, with the Nasdaq 100 Index dropping 4.2%, the Philadelphia Semiconductor Index falling by more than 10%, Bitcoin prices slipping below $60,000, and spot gold erasing all gains for the year; ③ Wall Street analysts primarily interpreted this turmoil from three angles: how the Federal Reserve’s policy stance might shift within the year, whether the tech stock bull market has reached its end, and why investors are pulling back capital.

cls.cnJun 6 14:17

After strong nonfarm payroll data, Goldman Sachs 'surrenders': no longer expects the Fed to cut rates this year

Goldman Sachs believes that a triple push from tariffs, high oil prices, and AI-related demand will keep core PCE inflation above 3% in 2026. Given the Federal Reserve’s lack of urgency to cut rates, Goldman Sachs has abandoned its expectation for rate cuts this year, pushing the final two rate cuts to June and December 2027. It also raised the probability of a rate hike from 10% to 20% and considers 'holding rates steady' a reasonable alternative.

wallstreetcnJun 6 11:37