TradingKey

TradingKey - SanDisk (SNDK) shares rose 13.7% on Wednesday to close at around $983. The stock is poised to advance toward the 38.2% retracement level at $1,144, representing approximately 14% potential upside from the $1,000 mark.

TradingKey - Speculation over the future of Nvidia (NVDA) CEO Jensen Huang continues to swirl, with the board reportedly discussing whether to remove him from his position.

TradingKey - NVDA points about 7.5% lower overnight after reports the board may remove CEO Jensen Huang, putting $163.89 daily support at risk five days before earnings.

TradingKey - On November 12, the US Dollar Index extended its recent upward trend during the Asian trading session, briefly breaking through the 103 mark to hit a high of 103.08, reaching a nearly 19-month high since April 2025. Higher-than-expected US October inflation data, coupled with a series of hawkish signals recently released by Federal Reserve officials, prompted the market to further raise expectations for a December rate hike, providing support for the continued strength of the US dollar.

TradingKey - On Thursday (November 12), Bitcoin (BTC) extended its recent downward trend. As of today's European session, Bitcoin fell below $74,000 intraday, trading near $73,600. Fundamentally, rising expectations of Federal Reserve rate hikes and persistent ETF capital outflows have been the two primary pressures driving Bitcoin's recent decline.

TradingKey - Applied Materials (AMAT) will release its fourth-quarter and full-year fiscal 2026 financial results after the market close on November 12, Eastern Time, and host an earnings conference call at 16:30.

Japanese and South Korean equity markets retreated after an early rally, with the KOSPI falling below the 5,400-point mark to close down 0.61%, while the Nikkei narrowly held the 60,000-point threshold.

TradingKey - On Friday (November 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following October's CPI once again exceeding expectations, the market will look to the PPI to further assess whether price pressures on the U.S. production side are spreading, as well as the likelihood of the Federal Reserve raising interest rates by 25 basis points or 50 basis points in December.

TradingKey - Citing people familiar with the matter, media outlets including Reuters and Bloomberg reported that Nvidia's board of directors held a meeting on the evening of November 11 Eastern Time to discuss the future of founder and CEO Jensen Huang. The board has also reportedly engaged an external executive search firm to identify potential successors and is considering appointing an interim leader before a permanent CEO is finalized. Nvidia has not yet released the outcome of the meeting, nor has it officially confirmed any personnel decisions.

Ethereum's staking ratio has surged to an all-time high, yet its price has plunged 15% over the past seven days, putting the $2,000 psychological support level at risk.

TradingKey - On November 11 ET, shares of Strategy (MSTR) rose 1.06% during regular trading hours to close at $122.35. However, after MSCI officially announced its removal from relevant equity indices, the stock fell below $120 in after-hours trading, sliding about 2.3%. This index adjustment may impact passive funds' holdings of MSTR, while heightening market concerns over the company's future financing capabilities and its Bitcoin reserve model.

Renewed buying pushed AMD's stock price up 24% over five days, with technical indicators signaling that it is poised for another 15% gain to challenge its all-time high.

Jensen Huang may be forced to leave Nvidia as the stock plunged 9% to hit a more than one-year low, with the potential to fall further to $100.

TradingKey - On November 12, gold prices (XAUUSD) extended their recent decline, falling further below $4,000 in early Asian trading and touching an intraday low near $3,968. Earlier, higher-than-expected U.S. October CPI data, combined with hawkish signals from Federal Reserve officials, significantly fueled market expectations for a December rate hike, with a stronger U.S. dollar and rising U.S. Treasury yields placing further pressure on gold prices.

TradingKey - On November 11, the three major U.S. stock indices rose across the board. Strong earnings and raised revenue guidance from CoreWeave (CRWV) boosted the AI infrastructure sector, with semiconductor stocks leading the gains and the Nasdaq outperforming the broader market. Coinciding with

Japanese and South Korean stock markets opened with turnover at high levels, with the KOSPI edging up 0.43%, Samsung jumping 1.7%, and the Nikkei holding firm at 61,000.

On Wednesday, November 11, Eastern Time, U.S. stocks moved higher. CoreWeave's earnings report and raised full-year guidance boosted AI-related stocks, Nvidia rebounded after two consecutive sessions of declines, and subscription demand for Anthropic's IPO also provided support to market sentiment. At the close, the Dow Jones Industrial Average rose 0.49% to 52,486.49; the Nasdaq Composite Index gained 1.60% to 25,466.19; and the S&P 500 Index climbed 1.31% to 7,619.38.

On November 11, Eastern Time, Oracle (ORCL) shares rose 10%, reclaiming the $130 mark. Recently, uncertainties surrounding returns on AI investments and the competitive landscape in the software industry have continued to weigh on Oracle's stock price. However, Bernstein believes that the market has undervalued the worth of its AI data centers and core database business.

According to Bloomberg, citing people familiar with the matter, subscription demand for Anthropic's initial public offering (IPO) has reached multiple times the available shares, driven primarily by large anchor subscription commitments. Following a selloff in AI stocks, this development indicates that investors remain willing to fund leading model companies with rapidly expanding revenue.

On November 11, Eastern Time, after CoreWeave (CRWV) released its financial results and raised its revenue guidance, AI infrastructure stocks rebounded notably, with the Philadelphia Semiconductor Index rising over 6%. It is important to accurately understand this catalyst: CoreWeave has not yet turned a net profit. In the third quarter, the company reported a GAAP net loss of $709 million and an adjusted net loss of $529 million; management expects adjusted net income to turn positive in the first half of 2028. Supporting the rebound were improved operating performance and the company's clarification regarding its future financing and path to profitability.