TradingKey

On November 11, Eastern Time, Oracle (ORCL) shares rose 10%, reclaiming the $130 mark. Recently, uncertainties surrounding returns on AI investments and the competitive landscape in the software industry have continued to weigh on Oracle's stock price. However, Bernstein believes that the market has undervalued the worth of its AI data centers and core database business.

According to Bloomberg, citing people familiar with the matter, subscription demand for Anthropic's initial public offering (IPO) has reached multiple times the available shares, driven primarily by large anchor subscription commitments. Following a selloff in AI stocks, this development indicates that investors remain willing to fund leading model companies with rapidly expanding revenue.

On November 11, Eastern Time, after CoreWeave (CRWV) released its financial results and raised its revenue guidance, AI infrastructure stocks rebounded notably, with the Philadelphia Semiconductor Index rising over 6%. It is important to accurately understand this catalyst: CoreWeave has not yet turned a net profit. In the third quarter, the company reported a GAAP net loss of $709 million and an adjusted net loss of $529 million; management expects adjusted net income to turn positive in the first half of 2028. Supporting the rebound were improved operating performance and the company's clarification regarding its future financing and path to profitability.

On November 11, Eastern Time, memory stocks surged, with SanDisk (SNDK) rising 13.95%, Micron Technology (MU) gaining 11.03%, Seagate Technology (STX) climbing 9.94%, SK Hynix (SKHY) advancing 9.40%, and Western Digital (WDC) up 7.50%. Following a month-long pullback, Morgan Stanley noted a clear divergence between supply chain orders and capital market sentiment, stating that the valuation decline has improved the risk-reward profile for memory stocks, with a particular focus on Micron Technology and SanDisk.

TradingKey - On November 11, Eastern Time, SpaceX (SPCX) rose more than 2% in pre-market trading. Earlier, German equipment manufacturer SINGULUS TECHNOLOGIES announced that it signed a supply contract with SpaceX for solar cell production equipment.

TradingKey - Amid a heavy sell-off in AI stocks, Nvidia's (NVDA) valuation has dropped to levels not seen in years. According to FactSet data, the company's forward 12-month price-to-earnings ratio currently stands at approximately 11.7 times, marking its lowest level since October 2011.

TradingKey - On November 11, Eastern Time, the three major U.S. stock index futures rose across the board, with Nasdaq 100 futures leading the gains.

TradingKey - TSMC (TSM) extended its pre-market gains to 5% on Wednesday, with its stock price rising to $418. If this momentum continues into the market open, it is poised to fully recoup its cumulative losses since November.

TradingKey - Take-Two stock jumped 8.31% to $224.64 as GTA VI preorders beat expectations despite a Q2 bookings miss, with $229.37 trendline resistance next.

TradingKey - Cisco (CSCO) will release its first-quarter fiscal 2027 financial results after the U.S. market close on November 12, Eastern Time, and host an earnings conference call at 16:30 on the same day. The reporting period for the quarter ended October 24.

TradingKey - CoreWeave (CRWV) shares rose as much as about 17% in pre-market trading on Wednesday to near $57, reversing a previous sustained downward trend.

TradingKey - Rocket Lab stock rose 6.6% to $62.74 after record Q3 revenue and a 52% backlog jump, reclaiming $55.86 support with the $68.14 trendline next.

TradingKey - Microsoft shares fell 2.20% to $533.16 as Anthropic launched office tools, even as MSFT passed Nvidia in value, with $525.19 support now in focus.

TradingKey - Nebius (NBIS) is set to release its quarterly earnings, but its stock remains under significant selling pressure ahead of the results.

TradingKey - Anthropic's latest prospectus discloses the company's major investors, ownership structure, and concurrent private placement arrangements for its IPO. Amazon (AMZN) and Google parent company Alphabet (GOOGL) are both key strategic investors in Anthropic.

TradingKey - On November 11, U.S. memory chip and data storage sectors strengthened collectively in premarket trading. Rebounding from a recent string of pullbacks, memory stocks bounced back, with Western Digital (WDC) and Micron Technology (MU) both gaining more than 5% in overnight trading, while SanDisk (SNDK) rose over 6%. As AI infrastructure company CoreWeave (CRWV) posted strong quarterly results and raised its full-year revenue guidance, market concerns over AI computing power demand and data center returns on investment eased, providing support for the semiconductor and memory sectors.

TradingKey - CoreWeave stock jumped 16% overnight to $56.67 after a Q3 beat, a raised outlook and a plan to avoid new unsecured debt, with $53.23 the level to hold.

TradingKey - On November 10, Eastern Time, Nokia (NOK) shares rose 0.86% to close at $8.25, touching an intraday high of $8.39, with a trading volume of approximately 57.26 million shares. Previously, on November 5, NOK plunged 9.69% in a single day, hitting a low of $7.36, before rebounding for three consecutive trading sessions to recover a cumulative ~12% from its recent low. In the latest overnight trading, the stock climbed further to near $8.50, indicating an improving short-term trend, though it has yet to fully break out of its medium-term corrective structure.

TradingKey - Anthropic is advancing its initial public offering (IPO), planning to allocate up to 20% of the offering shares to retail investors across the U.S. and select overseas markets, providing investors who meet local eligibility criteria the opportunity to purchase shares at the IPO offering price.

TradingKey - Anthropic is entering the final stages of preparation for its initial public offering (IPO). As the company updates its prospectus filed with the U.S. Securities and Exchange Commission (SEC), key details such as the offering price range, number of shares, strategic investor subscriptio