TradingKey

Cryptocurrencies came under broad-based pressure and declined, with Bitcoin pulling back for a fourth consecutive session of losses, launching a full-scale battle to defend the $80,000 mark.

• Falling US yields and weaker dollar propelled silver prices higher. • Constrained mine supply and robust industrial demand support market fundamentals. • Technical indicators show a negative MACD and sell signals.

• Lower Treasury yields and rate expectations drove silver's advance. • A weaker US dollar and short-covering amplified price momentum. • Robust industrial demand and mixed technical indicators support the market.

TradingKey - SpaceX (SPCX) announced an agreement with investment firm Grain Management to acquire its portfolio of nationwide 800 MHz low-band spectrum licenses for approximately $8 billion in cash. Following the announcement, SpaceX shares rose about 2.3% in after-hours trading to $164.30, while shares of AT&T (T), Verizon (VZ), and T-Mobile US (TMUS) all fell by more than 6%.

TradingKey - On October 8, Eastern Time, Applied Optoelectronics (AAOI) closed down 13.58% at $105.90, hitting an intraday low of $104.88, with a daily trading volume of approximately 19.42 million shares.

TradingKey - On October 8 Eastern Time, Reuters reported that Firmus, an AI infrastructure company backed by Nvidia (NVDA), announced the withdrawal of its listing application on the Australian Securities Exchange and a shift toward private financing.

TradingKey - According to the Financial Times, OpenAI recently informed investors that as of the end of September, its annualized revenue was close to $50 billion, about $20 billion lower than the $70 billion previously widely reported by the media.

• Spot platinum advanced due to macroeconomic tailwinds and physical supply constraints. • South African mine disruptions and exchange inventory drawdowns restricted refined output. • Technical indicators show a MACD sell signal and neutral RSI conditions.

• XRP capital inflows reflect sustained institutional demand and reduced circulating supply. • Corporate treasuries and prime brokerage developments bolstered long-term institutional sentiment. • Derivatives positioning remains disciplined while technical indicators show neutral conditions.

• Palladium spot prices rose due to a softer macroeconomic environment and short-covering. • Constrained global mine supply and steady near-term industrial consumption support physical valuations. • Institutional participants view the price move as a tactical short-squeeze.

TradingKey - On October 8, Eastern Time, the three major U.S. stock indices posted mixed results. A decline in tech stocks dragged down the S&P 500 and the Nasdaq Composite, causing them to close lower for the second consecutive trading day, while the Dow Jones Industrial Average rose slightly.

TradingKey - On October 9, Japanese stocks weakened in morning trade, with the Nikkei 225 Index opening down 0.57% at 68,648.50 points before losses widened to 1.03% at 68,330.05 points. Meanwhile, South Korean stock markets were closed for a holiday, with no trading taking place for the day.

Helen of Troy raised its fiscal 2027 adjusted EBITDA, EPS and free-cash-flow outlook after Q2 sales growth, margin expansion and tariff refunds.

LEIFRAS reported record H1 FY2026 revenue and profit as social-business earnings surged, while maintaining its full-year revenue and operating income forecast.

Richardson Electronics’ Q1 FY2027 sales rose 18.9% to $64.9 million, net income reached $4.1 million, and backlog increased 36.9% to $184.4 million.

AngioDynamics reported 6.9% first-quarter fiscal 2027 revenue growth, led by Med Tech, and reiterated its full-year sales and profitability outlook.

Park Aerospace Q2 fiscal 2027 sales reached $20.8 million, with a 34.3% gross margin, stronger EBITDA, rising missile demand and updated GE program guidance.

Oil-Dri’s fiscal Q4 2026 net sales rose 3% to a quarterly record of $129.3 million, while diluted common EPS increased 12% to $1.00. Operating income climbed 17% to $18.2 million and operating margin widened to 14.1% as SG&A declined, while gross margin held flat at 27.8% despite higher freight costs. B2B segment profit advanced 13%, but Retail and Wholesale operating income fell 5% as cat litter transportation costs increased. Full-year operating cash flow was $80.1 million, and year-end cash reached $73.7 million.

OpenAI's annualized revenue came in $20 billion lower than previously reported, dampening market trading sentiment as US stocks ended mixed. Tech and AI hardware stocks faced a sell-off. At the close, the Dow Jones Industrial Average rose 0.10% to 51,231.64 points, the Nasdaq Composite Index fell 1.25% to 27,193.34 points, and the S&P 500 Index dropped 0.47% to 7,765.36 points.

• Lowe's launched early holiday promotions to capture consumer spending and drive traffic. • Retreated Treasury yields and low valuations prompted institutional investors to re-enter. • Annual revenue reached $86.29 billion, ranking second in the retail industry.