TradingKey

TradingKey - Target (TGT) will report its second-quarter fiscal 2026 financial results before the U.S. market open on August 19, Eastern Time. Following significantly better-than-expected first-quarter results, TGT's stock has gained over 50% year-to-date, with the market holding high expectations for business improvements driven by new CEO Michael Fiddelke. Therefore, the key focus of this earnings report is whether the company can prove that its first-quarter sales recovery is sustainable.

Meta's youth addiction lawsuit goes to trial today, with spreading market panic sending its stock price further down in pre-market trading.

TradingKey - On August 18, Eastern Time, according to a Bloomberg report, China's Ministry of State Security has required certain government-related agencies to uninstall ahead of schedule the customized version of Microsoft's Windows 10 operating system tailored specifically for government departments.

TradingKey - SpaceX (SPCX) shares recently reclaimed their IPO price, closing at $146.23 on August 17. Phillip Securities analyst Glenn Thum recently reiterated a "Sell" rating on SpaceX with a target price of $75. Based on the current share price of $146, this forecast implies a potential downside of approximately 50% for SPCX.

TradingKey - On August 17, Eastern Time, Bloomberg reported that as of the end of July, Anthropic's annualized revenue had reached $65 billion, up more than sevenfold from the end of last year. According to a Reuters report on August 16, the company projects its revenue to reach $190 billion to $200 billion by 2028.

TradingKey - As of August 17 Eastern Time, shares of Micron (MU) rose 4.13% on the day to close at $1,011.75, reclaiming the $1,000 mark. Since falling to a low of $737.88 on July 29, Micron's stock has rebounded by approximately 37%, though it still has roughly 20% upside potential to reach its all-time high of $1,254.80 set on June 25.

TradingKey - On August 18, Japanese and South Korean stock markets closed lower across the board. The Nikkei 225 Index (JPN225) fell 2.54% to close at 67,460.73, while South Korea's KOSPI Index dropped 1.55% to end at 6,869.80.

On the eve of Nvidia's stock price reaching a record high, Cathie Wood's ARK significantly increased its holdings. What exactly is it betting on?

TradingKey - On August 17, Eastern Time, Bloomberg reported that Anthropic disclosed to investors that as of the end of July, its annualized revenue had reached $65 billion, up more than sevenfold from the end of last year.

TradingKey - Nike (NKE), which once swept global markets with its "Just Do It" slogan and Air Jordan series, is currently experiencing a prolonged slump rarely seen since going public. On August 17, Nike shares closed at $39.09, down about 4% for the day after touching an intraday low of $38.86, hitting a new low in nearly 12 years.

TradingKey - On August 17 ET, Micron Technology (MU) closed at $1,011.75, up 4.13%, reclaiming the $1,000 mark for the first time in over a month and bringing its cumulative rebound from its July low to 36%.

TradingKey - MRVL Q1: Revenue $2.42B (+27.6%), EPS $0.80, data center 76%, interconnect +70% (800G, 1.6T, Coherent Light). NVIDIA partnership expanded. Technical: broke descending channel, $251 target. Aug 27 earnings will set next leg. Jackson Hole (Aug 21-22) sets capex tone.

TradingKey - The South Korean government on Tuesday denied reports that memory chips would be the first project under South Korea's $350 billion investment in the U.S., stating that the claims are untrue.

TradingKey - The window for U.S.-Iran negotiations has closed, and the prospects for an agreement look bleak. The three major U.S. stock indices closed lower for the second consecutive day. At the close, the Dow Jones Industrial Average fell 0.51% to 53,459.78; the Nasdaq Composite Index dropped 0.

TradingKey - SNDK broke above $1,671.90, now at $1,784, targeting $1,832 (61.8% Fib). NAND flash prices firming as AI capex drives data-center storage demand. Supply constrained, capacity additions delayed. Jackson Hole (Aug 21-22) will determine if storage demand assumptions hold.

TradingKey - On August 18, Japanese and South Korean stock markets diverged in morning trading. South Korea's KOSPI Index (KOSPI) opened higher and extended its gain to 2.2%, standing at 7,131.40 points, while Japan's Nikkei 225 Index (JPN225) came under pressure, falling 0.81% to 68,658.17 points.

The US-Iran ceasefire agreement expired on Monday as negotiations reached a deadlock, while the 30-year US Treasury yield hit a new high since 2007, both of which weighed on US equities. All three major indexes fell, while AI hardware stocks bucked the trend to strengthen, with memory and optical communication stocks leading the gains. At the close, the Dow Jones Industrial Average dropped 0.51% to 53,459.78; the Nasdaq Composite Index fell 0.32% to 26,644.91; and the S&P 500 Index lost 0.52% to 7,745.06.

Amazon's (AMZN) stock price has experienced a continuous pullback since reaching an all-time high of $287.20 on August 3, currently falling below $260. In his latest report, Morgan Stanley analyst Brian Nowak assigned a price target of $335 for Amazon, implying a 30% upside potential from current levels, while maintaining an "Overweight" rating. He noted that if Amazon's AWS business continues to grow along its expected trajectory, the stock could reach $500 by the end of 2027.

On August 17, Eastern Time, the U.S. Department of the Treasury issued a proposed rule seeking public comment on the implementation of the GENIUS Act to establish a federal regulatory framework for payment stablecoins, with a 60-day public comment period.

Nvidia (NVDA) announced that it will provide up to $105 billion in credit support for a large-scale AI data center campus being built for OpenAI in Pike County, Ohio, and invest $1.5 billion in project developer SB Energy. The project will be constructed, owned, and operated by SoftBank-backed SB Energy, with OpenAI serving as the primary tenant under a 20-year lease.