TradingKey

TradingKey - As of early Asian trading on September 9, international oil prices continued to trend higher. Brent crude (UKOIL) touched an intraday high of $99.67, standing just shy of the $100 mark, while WTI crude (USOIL) rose to a high of $94.78. Brent crude has accumulated a gain of over 9% in September, primarily driven by the further escalation of the U.S.-Iran military conflict and rising risks to Middle East oil supply.

With Anthropic's IPO imminent, researcher Jacob Coxon's sudden resignation and announcement to leave the AI industry could impact Anthropic's core brand value and capital market confidence.

TradingKey - On September 8, US Eastern Time, the three major US stock indices closed lower across the board, with the Dow dropping over 1%. Further escalation in Middle East tensions pushed international oil prices close to $100, heightening market concerns over energy prices reigniting inflation.

South Korea's KOSPI surpassed 7,000 points, while SoftBank surged 4%, leading the Nikkei 225 to turn higher after opening lower.

Ongoing tensions in the Middle East, coupled with the U.S. Treasury's scheduled announcement tomorrow on the scale of Treasury buybacks and the CPI report due this Friday, led investors to remain cautious ahead of key developments, dampening market trading sentiment. U.S. stocks fell, though semiconductor shares bucked the trend to gain. At the close, the Dow Jones Industrial Average fell 1.18% to 52,786.07; the Nasdaq Composite Index slipped 0.32% to 26,421.41; and the S&P 500 Index dropped 0.58% to 7,673.52.

On September 8, Eastern Time, SpaceX (SPCX) shares broke above a recent high of $150, with technical analysis suggesting the stock could further breach $161. JPMorgan Securities strategist Min Moon and his team estimate that, following a rebalance, SpaceX's weight in the Nasdaq 100 Index could rise to 1.51%, driving net purchases of approximately $12.4 billion in SpaceX stock by index funds and ETFs tracking the benchmark.

On September 9, Eastern Time, Bloom Energy (BE) reclaimed the $280 mark for the first time in two months. Last Friday, S&P Dow Jones Indices announced that Bloom Energy will be officially added to the S&P 500 Index, effective before the market opens on September 21. Meanwhile, in July of this year, the family portfolio of former U.S. House Speaker Nancy Pelosi had already placed a heavy bet on the stock. The index inclusion and the high-profile stake increase have provided Bloom Energy's share price with dual support from both structural capital inflows and market sentiment.

London Metal Exchange (LME) copper prices hit a record high following weeks of continuous gains. Market bets that U.S. President Donald Trump might expand the scope of copper tariffs to include refined copper imports prompted traders to accelerate shipments to the United States, further tightening short-term supply in other regions.

On September 8, Eastern Time, Verizon (VZ) and Corning (GLW) announced a multi-year, multi-billion-dollar fiber optic supply agreement covering the period from 2027 to 2032. The deal involves over 80 million miles of high-density fiber optic cable to expand U.S. broadband access and build high-density backbone networks to support generative AI computing demands. Following the announcement, Corning's stock price surged over 8% at one point to reach $166.75.

TradingKey - MU closed at $1,016.59 as memory shortages deepen. Can $1,034.50 unlock $1,097-$1,164 ahead of Sept. 30 earnings?

TradingKey - In U.S. pre-market trading on Tuesday, Qualcomm (QCOM) shares surged, at one point rising more than 10%. The company announced a multi-generational product partnership with Amazon (AMZN) to jointly develop custom chips for next-generation, large-scale AI data centers and further expand high-speed optical interconnect solutions.

TradingKey - On September 8, Eastern Time, Palantir Technologies (PLTR) and Nebius Group (NBIS) announced a strategic partnership. Palantir designated Nebius as its preferred sovereign AI infrastructure partner.

TradingKey - KLAC closed at $185.60 after a 7.3% surge as AI process-control demand stays strong. Can $187.81 unlock $196.56-$207.55?

TradingKey - As of press time on September 8 ET, Intel (INTC) rose 4.72% in pre-market trading to $100.32. In the previous trading session, the stock closed at $95.80, up 4.51%.

TradingKey - On Tuesday (September 8) Eastern Time, futures tied to the three major US stock indices were mixed in pre-market trading. Iran announced that it would implement new restrictions in the Persian Gulf and the Gulf of Oman, while Yemen's Houthi rebels attacked Saudi energy facilities, pushing international oil prices higher. Rising energy prices reignited inflation concerns, which, combined with the Japanese yen climbing to its highest level since February, weighed on market risk appetite.

TradingKey - SNDK closed at $1,740 after an 11.9% surge as AI-storage demand stays strong. Can $1,720 support hold and unlock $1,825-$1,941?

TradingKey - On September 7 ET, compute trading platform Ornn stated on X that the rental price for Nvidia's (NVDA) H100 rose 22% over the past month, reaching $3.28 per hour.

TradingKey - In US pre-market trading on Tuesday, Novartis (NVS) shares fell approximately 13% after its experimental drug del-desiran for the treatment of myotonic dystrophy type 1 (DM1) failed to meet its primary endpoint in a Phase III clinical trial, marking the company's third clinical R&D setback within a week.

TradingKey - According to a Financial Times report on September 8, the UK's National Energy System Operator (NESO) intends to directly award Palantir (PLTR) a software services contract worth approximately £21 million (about $28.43 million) without competitive bidding.

A compelling bullish thesis is gaining traction in the market: compared to Nebius (NBIS.US), CoreWeave boasts a larger revenue scale, a bigger order backlog, and more deployed computing capacity, yet its price-to-sales (P/S) valuation is far lower than Nebius's, making it a potentially significantly mispriced leader in specialized AI clouds (Neoclouds). However, revenue multiples reveal only half the truth. CRW