TradingKey

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

TradingKey - On September 8, according to the Financial Times, Morgan Stanley and Goldman Sachs are engaging with credit rating agencies including S&P, Moody's, and Fitch on behalf of OpenAI and Anthropic, seeking to secure investment-grade credit ratings for the two companies following their future IPOs. If successful, the two AI giants will gain easier access to the roughly $11.7 trillion global corporate bond market and are expected to secure lower-cost financing.

TradingKey - On September 7, Eastern Time, French AI company Mistral AI announced the completion of a €3 billion (approximately $3.3 billion) Series D funding round, with its post-money valuation exceeding $24 billion. Mistral stated that this is the largest equity financing round to date for a European tech company.

TradingKey - Intel's (INTC) foundry business is further deepening its High-NA EUV collaboration with ASML. ASML recently stated that it will collaborate with major chipmakers, including Intel, Nvidia (NVDA), TSMC (TSM), and Samsung Electronics, to develop larger photomasks to advance the deployment of next-generation High-NA EUV equipment for manufacturing large-scale AI and data center chips.

Surging oil prices triggered a market plunge, with the KOSPI surrendering early gains to fall below the 7,000-point mark and the Nikkei dropping 1.7%. Kioxia fell more than 3%, while SoftBank bucked the trend to surge 5%.

TradingKey - OpenAI is extending more of its compute procurement to Southeast Asia. On September 8, Sydney time, Australian AI infrastructure company Firmus announced a multi-year strategic partnership with OpenAI.

TradingKey - On Tuesday, the yen extended its strong rally, with USD/JPY briefly dipping to 152.89, hitting its lowest level since February. As of writing, the currency pair was down about 0.69% at 153.27. Since retreating from a high near 160 early last week, its cumulative decline has approached 4%, indicating that investors are trimming short yen and carry trade positions.