TradingKey

TradingKey - According to disclosures by the U.S. Federal Communications Commission (FCC), SpaceX submitted an application to the FCC this week, requesting approval to launch and operate a third-generation (Gen3) constellation consisting of 100,000 satellites, aiming to build a global communications infrastructure for the AI era.

TradingKey - As of the Asian session on July 8, WTI (USOIL) crude oil prices rose to around $72, rebounding significantly from the previous few trading days. On the technical side, oil prices had previously fallen below $70 due to expectations of US-Iran negotiations, the resumption of navigation through the Strait of Hormuz, and pressure from OPEC+ production increases. However, as the incident of vessel attacks in the Strait of Hormuz escalated, and the US resumed military actions and sanctions against Iran, the market quickly priced back in the Middle East supply risk premium, driving a continuous rebound in WTI.

TradingKey - International crude oil markets reacted swiftly following a new round of offensive strikes launched by the U.S. military against Iran, with both WTI (USOIL) and Brent crude rising. The U.S. Central Command stated that the operation was in response to Iran's recent attacks on commercial vessels in the Strait of Hormuz. The targets of the strikes included Iranian air defense systems, command and control networks, coastal radar, and anti-ship missile capabilities, while several Islamic Revolutionary Guard Corps small boats were also destroyed in the relevant waters.

SK Hynix reversed its weak opening and surged rapidly intraday; however, chasing the rally blindly is not advised.

Intel dropped 21% from $140 to $110 in seven days as BofA warned of semiconductor bubble risk and 18A profitable yields were delayed. HSBC raised its target to $200. July 23 earnings is the reset.

U.S. airstrikes on Iran triggered a surge in oil prices, whereas gold and Bitcoin did not rally as expected, instead fluctuating and weakening.

TradingKey - On July 7, Eastern Time, the three major U.S. stock indexes closed lower collectively, with the AI and semiconductor sectors once again serving as the primary drag on the market. Although Samsung Electronics' Q2 earnings guidance showed that AI memory demand remains robust, the better-t

Apple is forming a double top at its $317 52-week high as Ming-Chi Kuo says the foldable iPhone could face iPhone X-style delays. Broadcom deal extended to 2031. AAPL at $311. Here’s the setup.

Japanese and South Korean stock markets plunged at the open, with the KOSPI and Nikkei 225 experiencing a dramatic secondary sell-off. Samsung Electronics and SK Hynix both fell by approximately 4%, while Kioxia bucked the trend to rise.

TradingKey - A further escalation of the US-Iran conflict, coupled with mixed earnings from Samsung, weighed on market sentiment and triggered a sell-off in chip and memory stocks. The three major US stock indexes fell across the board, even as the Dow hit a historic high in early trading. At the close, the Dow Jones Industrial Average fell 0.25% to 52,925.15 points; the Nasdaq Composite Index declined 1.16% to 25,818.69 points; and the S&P 500 Index lost 0.45% to 7,503.85 points.

TradingKey - On July 7, Eastern Time, following Iran's attacks on commercial vessels transiting the Strait of Hormuz, the U.S. Department of the Treasury published a document on its official website revoking general licenses related to Iran. This will phase out the authorizations for the production, delivery, and sale of Iranian crude oil, petrochemical products, and petroleum products issued on June 21, 2026. The two major crude oil futures strengthened in the short term. As of press time, WTI crude rose 5.25% to $72.15, while Brent crude oil futures gained 5.7% to $76.14.

TradingKey - On July 7, Eastern Time, the three major stock indices all declined as an intensifying sell-off in chip and memory stocks dragged down technology stocks overall. The Dow Jones Industrial Average reversed course after hitting a record high, the Nasdaq 100 Index fell 1.29%, and the Philad

TradingKey - On July 7, Eastern Time, Intel (INTC) fell to as low as $108.36, breaking below its 5-day, 10-day, 20-day, and 30-day moving averages simultaneously. As of press time, it was still down over 8%, trading at $111.78. Reportedly, Samsung plans to mass-produce its advanced 1.4nm process technology by 2029. The market believes this move could further narrow the competitive gap between Samsung and its rivals, Intel and TSMC, and makes it highly likely to secure orders from Apple.

TradingKey - Tesla launched its robotaxi service in Miami, European registrations doubled year-on-year, and NHTSA closed a 2022 probe. TSLA at $416 heading into July 22 earnings. Here’s the full picture.

TradingKey - On July 7, EST, SpaceX (SPCX) fell to as low as $150.55 during early trading, nearing a break below its first-day listing price again. As of press time, it was down over 5% at $150.85. Notably, SpaceX will be officially included in the Nasdaq 100 Index, becoming the first-ever constituent stock in the index's history with spaceflight as its core business. Despite expectations of passive buying driven by the index inclusion, SpaceX is currently facing lawsuits regarding its core business.

TradingKey - On July 7, Eastern Time, geopolitical tensions escalated once again, with two consecutive military conflicts triggering a rebound in oil prices. Following Iran's firing of at least two missiles at several commercial vessels in the Strait of Hormuz, Ukraine launched a drone attack on Russia's largest oil refinery. These successive military conflicts have shattered the recently eased geopolitical environment. Impacted by the two conflicts, both major crude oil futures rose across the board. As of press time, WTI crude oil futures were up 2.49% at $70.26, while Brent crude oil futures gained 2.7% to trade at $74.

TradingKey - SpaceX is in the Nasdaq-100 as of today, July 7. Palantir and Strategy both peaked around their inclusion dates. SPCX at $158 with a $149 floor. Here’s what matters now that the forced buying is done.

TradingKey - Today, SpaceX, just 15 trading days post-listing, is set to be officially admitted to the Nasdaq 100 Index. This makes it the first constituent in the index's history with spaceflight as its core business, breaking the record for the fastest index inclusion of a newly listed stock.

TradingKey - On July 7, Eastern Time, Amazon (AMZN) returned to the U.S. investment-grade bond market, launching an eight-tranche benchmark bond issuance. The company plans to raise at least $25 billion to fund artificial intelligence infrastructure and for general corporate purposes. Amazon's share price ticked slightly higher in pre-market trading, up about 0.62% at the time of writing.

TradingKey - Micron is down 22% from its post-earnings highs at $984. New Anthropic partnership, $22B in non-cancelable contracts, and SK Hynix listing on Nasdaq July 10. UBS says it’s temporary. Burry shorted it.