TradingKey

• Qualcomm shares retreated due to profit-taking and a sell-the-news reaction. • Supply chain uncertainties and insider stock sales added downside pressure. • The company reported an annual revenue of $44.28B.

• Boeing identified a 737 MAX software bug causing autopilot disengagement during missed approaches. • The defect triggered a formal FAA review, threatening certification for MAX 7 and 10. • Boeing reported $89.46B in annual revenue and $1.89B in net profit.

• Tesla faced downward pressure ahead of its third-quarter delivery and production report. • Wall Street institutions reduced delivery estimates due to softer sales across key markets. • Heavy capital expenditures for artificial intelligence and robotics increased investor scrutiny.

• Western Digital faced selling pressure from profit-taking and sector risk-off sentiment. • The company reported annual revenue of $12.92B and net profit of $9.29B. • Analysts issued Buy ratings with an average price target of $650.78.

• Oracle shares faced volatility due to AI infrastructure headwinds and force majeure. • The company announced workforce reductions amid concerns over decelerating cloud demand. • Oracle's annual revenue reached $67.36 billion with net profit of $16.98 billion.

On September 28 Eastern Time, the three major US stock indexes fell across the board, with the Nasdaq Composite Index dropping over 1% and the Philadelphia Semiconductor Index falling more than 3%. At the sector level, AI hardware stocks plummeted, with chip, memory, and optical communications stocks all suffering sell-offs. Among them, SK Hynix (SKHY) fell 6.20%, SanDisk (SNDK) dropped 6.05%, and Micron Technology (MU) slid 4.22%. Qualcomm (QCOM) fell 6.71%, Intel (INTC) dropped 6.18%, AMD (AMD) slid 5.37%, Marvell Technology (MRVL) declined 4.81%, and Corning (GLW) fell 4.50%.

TradingKey - Amgen’s latest Sjögren’s trial success adds to its pipeline, while Repatha growth and MariTide trials shape the AMGN stock outlook for 2026.

On September 28, Eastern Time, Tesla (TSLA) shares fell 3%, with the company expected to release its third-quarter 2026 delivery figures on October 2. Investment banks JPMorgan and Goldman Sachs both lowered their delivery forecasts, primarily due to weaker-than-expected performance in the U.S. and Chinese markets. Additionally, the Trump administration's plan to relax fuel efficiency standards has introduced policy variables to its automotive business.

• Dell shares fell due to technical profit-taking and insider equity sales. • Rising memory costs and margin concerns weighed on market sentiment. • The MACD value of -6.599 indicates a neutral market signal.

• Seagate shares pulled back due to profit-taking and elevated valuation metrics. • Fundamental demand for high-capacity enterprise storage and cloud infrastructure remains strong. • Technical indicators show a MACD buy signal and neutral RSI conditions.

• Marvell Technology faced downward pressure driven by profit-taking and semiconductor sector rebalancing. • The stock trades at premium valuation multiples relative to historical averages. • The MACD value of 5.065 indicates a buy signal.

• Micron traded lower due to macroeconomic headwinds and rising U.S. yields. • Institutional pre-earnings de-risking drove downward pressure despite strong semiconductor fundamentals. • Technical indicators show a MACD buy signal and neutral RSI.

• AMD shares declined due to macroeconomic headwinds and sector-wide profit-taking. • OpenAI paused model training temporarily, creating short-term caution across semiconductor stocks. • Long-term fundamentals remain strong with solid market share and high revenue.

Princess Cruises launched a native AI-powered app in ChatGPT that lets travelers explore 330-plus destinations across 17 ships, check pricing and availability, and refine cruise plans.

TradingKey - Texas Instruments shares head toward Q3 earnings after stronger industrial and data-center demand. Assess TI’s guidance, dividend, cash flow and Silicon Labs deal.

• Arm Holdings faces valuation adjustments and profit-taking across the technology sector. • Near-term mobile market headwinds contrast with strong long-term data center opportunities. • The stock exhibits a MACD buy signal with neutral RSI conditions.

• Meta faced profit-taking following a substantial multi-week rally driven by AI developments. • Investors evaluated heavy capital expenditures against long-term cash flow timelines. • Technical indicators show a MACD buy signal and an RSI of 62.898.

• Intel experienced intraday volatility and profit-taking following a multi-week stock rally. • Legacy ecosystem transitions and capital intensity concerns compounded downward pricing pressure. • The stock recorded an annual revenue of $52.85B and negative net profit.

• Nvidia's board approved a massive share repurchase authorization expansion. • Strong data center demand and AI deployments drove revenue visibility. • The MACD indicates a buy signal with an RSI of 61.792.

• Sandisk declined due to sector weakness and profit-taking in technology equities. • Annual revenue reached $20.25 billion with net profit at $11.43 billion. • Analysts issued Buy ratings with an average price target of $2136.17.