TradingKey

TradingKey - Morgan Stanley has initiated credit research coverage on Nvidia (NVDA) for the first time, assigning it a "Neutral" rating. To be clear, this is not a downgrade of Nvidia's equity investment rating, but rather an assessment of the company's debt and overall credit profile. Morgan Stanley believes that while Nvidia still boasts an exceptionally strong balance sheet, potential risks that were previously less apparent are increasing as the company increasingly leverages its financial strength to support the expansion of the AI industry.

TradingKey - Boeing (BA) has secured another mega defense contract, with the U.S. Department of War awarding the company an Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at up to $131.23 billion.

TradingKey - On August 26, Asia-Pacific time, Bloomberg reported that SoftBank Group is in discussions with investment banks regarding a $10 billion to $20 billion bond issuance to refinance loans raised for its investment in OpenAI.

TradingKey - As of August 25 Eastern Time, Nvidia (NVDA) rose 2.19% to $213.05, ending a seven-consecutive-session losing streak. Nvidia will report its fiscal second-quarter 2027 financial results after the market close on August 26. Against the backdrop of recent heightened volatility in the AI sector, this earnings report will serve as a key catalyst influencing the direction of Nvidia's short-term stock price.

Japanese and South Korean stocks both closed higher, with the KOSPI reclaiming the 6,800 level, the Nikkei returning to the 66,000 mark, and Samsung surging nearly 2%.

TradingKey - According to a Wall Street Journal report citing people familiar with the matter, Anthropic, the developer of Claude, is planning to present a total addressable market (TAM) of over $30 trillion to investors in its IPO filings, a figure higher than the $28.5 trillion previously disclosed by SpaceX.

Micron's CEO shocks the market again by selling 40,000 shares, cashing out $40 million. Should retail investors flee?

TradingKey - AMD Q2: Revenue $11.536B (+50% YoY), Data Center $6.7B (+107%), 58% mix. Q3 guidance $13B (+41%), 56% margin. Helios Anthropic/Microsoft deployments. Taalas Aug 6. EPYC 6th-gen. Ryzen +23%, cash $13.11B. Technical $456.75, support $451.86, resistance $476.

TradingKey - As of the Asian trading session on August 26, WTI crude oil (USOIL) prices extended yesterday's decline, dropping to an intraday low of $80.26 and briefly approaching the $80 mark, down nearly 1% on the day. Earlier on Tuesday, WTI oil prices tumbled 4.58% to settle at $81.10, marking the lowest closing level since August 13. The recent sharp retreat from above $85 is primarily driven by renewed market bets on a diplomatic easing of U.S.-Iran tensions, which has heightened expectations for the resumption of greater crude oil shipments through the Strait of Hormuz.

Bitcoin pulled back after briefly breaching the key $80,000 mark, dragging XRP lower, which was the primary driver behind its decline.

TradingKey - SpaceX (SPCX) announced Tuesday that it plans to invest $100 billion to build a new mega spaceport, "Starbase Louisiana," in Louisiana, U.S., which will become the company's largest launch base to date. Located on Pecan Island in Vermilion Parish, Louisiana, the project covers approximately 125,000 acres, with construction scheduled to start in 2027 and SpaceX aiming to complete its first Starship launch as early as 2029.

Ethereum has surged to $2,500. But is this 30% rally a short squeeze or a fundamental trend shift driven by Bitmine’s massive ETH buy and ETF inflows?

Cryptocurrencies fell across the board, with Bitcoin pulling back after a surge to drop below the $80,000 mark.

TradingKey - On August 25, Eastern Time, the three major US stock indices closed higher across the board. A simultaneous pullback in oil prices and US Treasury yields eased market concerns over an inflation rebound and rising long-term interest rates. Meanwhile, investors returned to tech and semico

Japanese and South Korean stock markets diverged at the open. South Korean stocks surged past the 6,800-point mark as Samsung and SK Hynix rallied sharply together, while Japanese stocks opened lower and continued to slide.

U.S. Treasury yields fell for a second consecutive day, lifting market trading sentiment, while investors awaited Wednesday's release of July PCE data and Nvidia's earnings report. All three major U.S. stock indexes advanced, with chip stocks leading the gains and consumer stocks suffering losses. At the close, the Dow Jones Industrial Average rose 0.30% to 53,577.40; the Nasdaq Composite Index gained 0.66% to 26,151.30; and the S&P 500 Index climbed 0.32% to 7,677.28.

On August 25, Eastern Time, SpaceX (SPCX) shares fell by only about 1% following its second post-IPO lock-up expiration on August 20, as the market absorbed the additional share supply relatively smoothly. Meanwhile, catalysts for SpaceX's stock price continue to build. JPMorgan analyst Doug Anmuth maintained an "Overweight" rating on SpaceX and set a price target of $240, representing an upside of about 70% from current levels.

Morgan Stanley's latest estimates show that as external sales of Google's (GOOGL) proprietary TPUs gradually scale up, Alphabet's AI chip business could become a new growth engine for Google Cloud. The firm projects that TPU-related Google Cloud revenue could reach $84 billion and $108 billion in 2027 and 2028, respectively, totaling nearly $200 billion over the two-year period.

On August 25 (ET), international oil prices fell sharply, with both WTI and Brent crude dropping by more than 3%. Rich Privorotsky, head of Goldman Sachs' hedge fund business, noted in his latest client report that the importance of oil prices this week could very well surpass that of the Jackson Hole symposium. One of the market's current focal points is the U.S. Treasury's latest moves regarding sanctions on Iran.

OpenAI said on Wednesday that engineering samples of Jalapeno, its first custom chip jointly developed with Broadcom (AVGO), have been delivered and are currently undergoing laboratory testing. Broadcom CEO Hock Tan stated that early results show Jalapeno's operating costs could be approximately 50% lower than those of common AI GPUs under typical AI workloads.