New York copper futures extended their decline to 6.5 percent as the U.S. economy contracted in the first quarter for the first time since 2022, recording a -0.3 percent decline, the lowest since the second quarter of 2022.
Intel (INTC. O) second-quarter revenue is expected to be between $11.20 billion and $12.40 billion, while analysts are forecasting $12.82 billion.
South Korea's Quarter 1 GDP shrinkage was the same as in the second quarter of 2024 and the largest since the fourth quarter of 2022.
JPMorgan forecasts that gold prices will average $3,675 an ounce by the fourth quarter of 2025 and are expected to top $4,000 an ounce by the second quarter of 2026.
Netflix (NFLX. O) second-quarter revenue is expected to be $11.04 billion, beating IBES expectations of $10.90 billion.
TSMC (TSM. N): Operating margin is expected to reach 47% to 49% in the second quarter, compared with 48.5% in the previous quarter. Gross margin is expected to reach 57% to 59% in the second quarter, compared with 58.8% in the previous quarter.
Broadcom (AVGO. O) rose 12.4 percent in premarket trading as it forecast second-quarter earnings would beat expectations.
Programmable IP public chain Story released the latest roadmap. It is expected that Q2 will launch IP portals and authentication services to simplify IP on-chain; Q3 will upgrade the mainnet and release IPKit to support developers to integrate IP functions. At the same time, Story is cooperating with Stanford FDCI to explore cutting-edge technologies such as performance optimization and on-chain storage to promote the blockchaining of intellectual property.
Goldman Sachs: Maintaining its forecast of a gold price of $3,000 per ounce in the second quarter of 2026.
Microsoft (MSFT. O) fiscal year 2025 Q2 revenue 69.60 billion dollars, the market is expected to 68.84 billion dollars, the same period last year 62.02 billion dollars.
Microsoft (MSFT. O): Q2 intelligent cloud business revenue in fiscal 2025 was $25.50 billion, compared with $25.88 billion in the same period last year, and the market is expected to be $25.98 billion.
Microsoft (MSFT. O) fiscal year 2025 Q2 net profit 24.108 billion dollars, the market is expected to 23.38 billion dollars, the same period last year 21.87 billion dollars.