TradingKey

TradingKey - Palantir extended breakout above $171 to $177.67 after 93% Q2 revenue growth. RSI 74.7 signals overbought conditions. $183.15 resistance next. $171.04 support holds breakout.

Tradingkey - On August 10, Eastern Time, tech stocks weighed on U.S. markets, causing both the S&P 500 and the Dow Jones Industrial Average to decline

TradingKey - On August 11, South Korean stocks opened lower. The KOSPI Index opened down 0.92% at 6,241.86 points as heavyweight semiconductor stocks faced pressure, with SK Hynix dropping as much as 2.32% and Samsung Electronics falling 0.22%. Japanese stock markets were closed for the "Mountain Day" public holiday.

On August 10, Eastern Time, Rocket Lab (RKLB) reported its second quarter 2026 financial results after the market close. During the period, revenue surged 62% year-over-year to $234 million, setting a new quarterly record and exceeding the previous quarter's high by $34 million. The results surpassed the market consensus estimate of approximately $232 million.

High uncertainty surrounding the reopening prospects of the Strait of Hormuz drove oil prices up by 5%. Meanwhile, Cleveland Fed President Beth Hammack stated that the Federal Reserve may still need multiple rate hikes to bring down inflation. Against this backdrop, the three major U.S. stock indices were under slight pressure, with chip stocks retreating while oil stocks led the market. At the close, the Dow Jones Industrial Average fell 0.11% to 53,975.98 points; the Nasdaq Composite Index dropped 0.32% to 26,605.36 points; and the S&P 500 Index fell 0.06% to 7,753.11 points.

According to the Financial Times, Nvidia (NVDA) is in talks with several Wall Street giants regarding a $500 billion AI infrastructure financing plan, with funds potentially directed toward key areas such as data centers, chip procurement, and power. The deal could be announced as early as Monday, though details concerning the financing structure, specific projects, and whether the funds represent new commitments have not yet been disclosed.

On August 10, Eastern Time, international oil prices rose sharply as market concerns over crude oil supply disruptions intensified due to uncertainty regarding the reopening of the Strait of Hormuz and ongoing security tensions in the Middle East. These factors supported the risk premium for international oil prices. As of the time of publication, WTI crude (USOIL) rose 3.49% to $80.91, while Brent crude (UKOIL) climbed over 3% to $86.75.

On August 10 ET, Apple (AAPL) shares have been hovering near $300 since the release of its quarterly earnings report, but pessimism on Wall Street is accelerating. In its latest research report, Jefferies downgraded Apple to an "Underperform" rating and lowered its target price from $285.56 to $263.66, implying approximately 14% downside from the current price of $306.

Tesla crushed deliveries at 480,126 with $28.2B revenue (+26% YoY). But operating margin collapsed to 1.4%, free cash flow turned negative $1.1B, and stock is testing $338 resistance after breakdown.

On August 10, Eastern Time, SpaceX (SPCX) returned to its offering price of $135 in intraday trading before falling by more than 1%, with its latest market capitalization reaching $1.76 trillion. However, the company's share price was still hovering near $105 just two trading days ago.

Rocket Lab reported Q1 $200.3M revenue (+63.5% YoY), $2.2B backlog, and $663M in new defense wins (SB-AMTI + HASTE). Q2 earnings tonight. Stock testing $83 breakout. Neutron Q4 2026 target.

TradingKey - As of pre-market on August 10 ET, Micron Technology (MU) was trading at $877.57, with its pre-market share price down nearly 1%. Wall Street institutions have recently shown divergence in their price forecasts for Micron; Mizuho Securities recently raised its price target for Micron to $1,375, while Citi lowered its target from $1,400 to $1,150.

Rocket Lab shares rebounded ahead of its earnings report; however, financial results may fall short of elevated market expectations, potentially triggering a decline in the stock price.

NVIDIA crushed Q1 FY2027 with $81.6B revenue (+85% YoY), data center $75.2B (+92%). Stock breaks trendline to $224. Q2 guidance $91B. Aug 26 earnings ahead with China upside.

Intel's plan to raise $15 billion has sparked concerns, as market fears of equity dilution triggered a sharp sell-off that sent the share price plunging below the $100 support level.

Palantir broke out of triangle to $172 after 93% Q2 revenue growth and 155% Rule of 40 score. Stock overbought at RSI 78. $173.89 resistance next, $158.33 support intact.

TradingKey - On Monday, August 10, Eastern Time, the three major U.S. stock index futures were mixed in pre-market trading, with Nasdaq 100 futures leading the gains. The market has entered a wait-and-see mode following last week's strong rally, as U.S. CPI, PPI, and retail sales data for July are scheduled for release this week. Investors are focused on whether inflation will once again push up Federal Reserve rate hike expectations. Meanwhile, market sentiment remains cautious as oil prices rebound and Iran sets new conditions for reopening the Strait of Hormuz.

SK Hynix clarified that the disposal of its Chongqing plant has not yet been decided, as its ADR price edged lower in pre-market trading.

TradingKey - The U.S. Bureau of Labor Statistics will release the July Consumer Price Index (CPI) at 8:30 ET on August 12. Following an unexpected decrease of 23,000 in July non-farm payrolls and the market's significant downward revision of Federal Reserve rate hike expectations for September, this CPI reading will be key data in determining the Fed's next policy direction.

TradingKey - On August 9, Eastern Time, renowned "Big Short" investor Michael Burry turned his attention to Berkshire Hathaway (BRK.a) (BRK.b). He publicly stated on Substack that he no longer considers Berkshire an attractive investment, bluntly remarking that successor Greg Abel lacks Buffett's patience.