TradingKey

Rocket Lab's earnings fell short of expectations, sending its stock tumbling more than 6%, with technical indicators warning of a potential 30% further downside risk.

TradingKey - On November 9, the three major U.S. stock indices rebounded strongly as a sharp drop in oil prices eased market concerns over inflation and geopolitical risks, with semiconductor stocks and the AI data center supply chain regaining investor favor.

The KOSPI surged 5.55%, triggering a buy sidecar, while SK Hynix jumped 8% to break through 1.2 million, and the Nikkei smashed through the 60,000 mark.

On Monday, November 9, Eastern Time, U.S. stocks rallied sharply as falling oil prices and an IFR report that Anthropic plans to launch its Nasdaq IPO public roadshow on Tuesday morning both bolstered market sentiment, with the three major indices continuing to recoup part of last week's losses. Tech stocks extended Friday's rebound, driving the Nasdaq to lead the gains.

Anthropic released Claude Fable 5.2 and Claude Mythos 5.2 on November 9, upgrading coding, reasoning, and vision capabilities while lowering usage costs. The company stated that the output generation speed of both models is up to 30% faster than the previous generation, primarily targeting complex software development, scientific research, and engineering tasks.

On November 9, Eastern Time, the Philadelphia Semiconductor Index rose more than 7% intraday to reclaim the 10,000-point mark, as the market reassessed the impact of a slowdown in data center construction on the AI supply chain. Previously, concerns over tighter regulatory approvals triggered by the U.S. midterm elections had driven a sharp correction in AI-related stocks. Morgan Stanley noted in a weekend research report that the market had overreacted, pointing out that policy changes primarily affect project construction timelines and that long-term investment demand for AI has not fundamentally changed.

Following the U.S. midterm elections, political risks surrounding SpaceX (SPCX) have come into sharp market focus. On November 5, the company's shares fell by approximately 9%, touching an intraday low of $120.39, their lowest level since August 7. Investors are concerned that Democratic control of Congress could lead to heightened scrutiny of companies owned by Republican supporter Elon Musk, potentially impacting government contracts and business expansion.

On Monday, November 9, Eastern Time, international oil prices fell again. As of press time, Brent crude futures (UKOIL) were down 4.3% at $93.70 per barrel, while U.S. WTI crude futures (USOIL) fell 3.5% to $87.76 per barrel. Brent crude's intraday decline briefly exceeded 5% at one point.

From its October 6 peak to November 5, Nvidia (NVDA) shares experienced a cumulative pullback of approximately 25%. Over the course of the month, investor focus shifted from the growth of computing power demand to whether customers could bear the costs of sustained expansion. Subsequently, Jensen Huang admitted to an extramarital affair, sending the stock down further to around $175.

Google parent Alphabet (GOOGL) plans to launch two TPU chip products—targeting confidential computing and AI applications that process large volumes of information, respectively—which are expected to become available next year. As it begins selling its in-house chips to customers beyond its cloud business, Google is expanding its product offerings to contest the AI computing power market dominated by Nvidia (NVDA).

TradingKey - On November 9, Eastern Time, SpaceX (SPCX) rose approximately 2% in pre-market trading. Investment bank Stifel reiterated its "Buy" rating on SpaceX and maintained a $190 price target, representing an upside of roughly 41.5% over the November 6 closing price of $134.27.

TradingKey - CoreWeave (CRWV) is set to release its quarterly earnings, but investors are not aggressively betting on a rebound ahead of the results. Although the stock rose 6.28% to $46.40 in the previous trading session, pre-market prices pulled back to $44.87, breaking below the $45 mark and nearing an 18-month low.

TradingKey - In pre-market trading on November 9, Eastern Time, the three major U.S. stock index futures advanced across the board. As of press time, Dow futures were up about 0.9%, S&P 500 futures rose about 0.57%, and Nasdaq 100 futures gained about 0.42%.

TradingKey - Google parent Alphabet (GOOGL) is considering further expanding its global funding channels. According to Bloomberg on November 9, citing people familiar with the matter, the company has recently approached banks and potential investors to assess the feasibility of issuing Hong Kong dollar- and Singapore dollar-denominated bonds, with transactions potentially launching as early as this month.

TradingKey - Cisco targets $7.5 billion in fiscal 2027 hyperscaler AI revenue. November 12 earnings will test its margins as CSCO trades between $91.74 support and $101.60 resistance.

TradingKey - Occidental ended Q2 with debt $1.8 billion above its target. Q3 earnings will show where debt stands as OXY faces resistance at $58.16.

TradingKey - Nvidia (NVDA) is facing a rare confluence of pressures since its founding. Reports surrounding Chief Executive Officer Jensen Huang's personal relationships and potential foreign intelligence risks have prompted the company's board of directors to launch an independent investigation; the Democrats' impending control of both houses of the U.S. Congress could also drive stricter scrutiny over AI chip exports to China. Meanwhile, investors were already uneasy about artificial intelligence capital expenditures, data center financing, and free cash flow, and this governance turmoil has further amplified market uncertainty.

TradingKey - KKR heads into earnings just above $95.89 support. Fee-paying assets, insurance profits and the timing of the Infinity sale shape the investment case.

TradingKey - On November 9, Eastern Time, Nvidia (NVDA) shares fell in pre-market trading. As of press time, Nvidia was trading at $176.72, down 5.32%, falling below the intraday low of $180.62 set on April 9 and retreating to its lowest range since April.

TradingKey - Nvidia faces a board inquiry before November 17 earnings. Traders are watching $177.92 support as investors weigh cash flow and chip supply commitments.