TradingKey

TradingKey - As of October 12, Eastern Time, SanDisk (SNDK) shares fell sharply by 5.97% to close at $1,487.33, after touching an intraday low of $1,464.43. Following declines of 4.90% on October 8 and 1.72% on October 9, the stock has accumulated a pullback of about 12% over three trading sessions. The recent ongoing correction in SanDisk's stock price and the broader pressure on the memory sector are primarily driven by Chinese memory chipmaker ChangXin Memory Technologies (CXMT) disclosing R&D progress in its next-generation DRAM technology. In response, the market has begun to reassess the future competitive and supply landscape of the global memory industry, causing memory-related stocks such as Micron, Samsung, SK Hynix, and SanDisk to fall in tandem.

Micron has suffered a four-day losing streak with three consecutive negative sessions, retreating to $950, and could face a further decline of over 20%.

TradingKey - Morgan Stanley (MS) will release its third-quarter FY2026 financial results before the market opens on October 14, Eastern Time, and host an earnings conference call at 9:30 a.m. on the same day.

• Cocoa futures rose due to West African supply concerns and logistical bottlenecks. • Deteriorating 2026/27 crop yields and disease risks reinforced bullish market sentiment. • Technical indicators show neutral MACD and RSI values with overbought Williams %R.

TradingKey - TSMC (TSM) will report its third-quarter 2026 financial results on October 15 and hold an institutional investor conference at 2:00 PM Beijing Time on the same day. With its quarterly revenue already disclosed, market focus will shift to its net profit, gross margin, fourth-quarter guidance, as well as capital expenditure and capacity planning for 2027.

Memory stocks extended their decline, with SK Hynix tumbling over 5% to lead losses in the semiconductor sector.

TradingKey - As of the market close on October 12, Eastern Time, Visa (V) stock rose 0.99% to $389.27, reaching an intraday high of $391.81, marking its eighth consecutive session of gains and setting another all-time high. Notably, Visa announced today that it has received approval from the People's Bank of China to officially begin preparations for establishing a domestic bank card clearing institution in China. This advances a new regulatory step toward its entry into China's domestic payment clearing market, potentially providing further momentum for the stock price.

TradingKey - JPMorgan (JPM) will report its third-quarter FY2026 financial results before the U.S. market open on October 13, Eastern Time, and host an earnings call at 8:30 a.m. ET on the same day.

U.S. supermarket chain operator Kroger (KR) plans to eliminate approximately 3,000 corporate and functional roles over the next three years, representing about 37% of its headquarters staff. If fully implemented, the company's corporate headcount will decline from around 8,200 to about 5,200, making it one of the largest workforce adjustments in Kroger's 143-year history.

Binance launches a major AI trading tool: What new momentum does this inject into its platform token, BNB?

TradingKey - On October 13, Japanese and South Korean stock markets fell sharply. South Korea's KOSPI index closed down 5.46% at 6,035.36 points, hitting its lowest closing level since August, after touching an intraday low of 5,911.11 points earlier in the session. Japan's Nikkei 225 index closed down 1.82% at 67,777.47 points.

TradingKey - The U.S. will release its September CPI on Wednesday (October 14) Eastern Time, which will be one of the most crucial inflation datasets ahead of the Federal Reserve's October 27–28 policy meeting. The market currently expects that, driven by rising energy prices, U.S. headline inflation may continue to pick up, while core inflation growth could slow.

Impacted by the sharp drop in South Korean stocks, Bitcoin prices dipped, but subsequently staged a strong rebound to largely recover lost ground.

TradingKey - ChangXin Memory Technologies (CXMT) recently disclosed progress on its 4F² DRAM architecture and plans to launch related DDR5 RDIMM server memory by the end of 2026.

TradingKey - On October 13, losses in South Korean stocks deepened, with the KOSPI Index extending its intraday drop to over 7% and falling below the 6,000-point mark. Leading semiconductor stocks faced heavy sell-offs, as SK Hynix fell more than 9% and Samsung Electronics dropped over 8%.

TradingKey - On October 12, Seoul time, Samsung Electronics closed down 4.39% at 250,500 won. In early trading on October 13, as of press time, the stock fell further by approximately 7.78%, dropping to near 231,000 won at one point and losing the key 250,000 won level.

TradingKey - Shares of Micron Technology (MU) fell 3.88% on Monday to close at $989.04, declining for a third consecutive trading day and breaking below the $1,000 mark. Technological advances by Chinese memory chipmaker ChangXin Memory Technologies, coupled with market concerns over future memory pricing trends, are putting fresh pressure on the industry.

TradingKey - On October 12, Eastern Time, as tensions in the Middle East escalated, the three major U.S. stock indices posted mixed results, with memory stocks falling after Chinese DRAM manufacturer Changxin Memory Technology announced a new memory architecture.

TradingKey - On October 13, Japanese and South Korean stock markets weakened in tandem during early trading, with losses in South Korea expanding further. The Korea Composite Stock Price Index (KOSPI) opened down 3.10% at 6,186.08 points, subsequently extending its decline to 4.37% at 6,105.50 points; Japan's Nikkei 225 Index (N225) opened 0.68% lower at 68,564.85 points, later widening its loss to 1.86% at 67,745.61 points.

• XRP declined due to profit-taking after Evernorth Holdings' Nasdaq debut lacked spot demand. • Breaching key support levels triggered long liquidations and accelerated the downward price movement. • Spot exchange-traded products maintained positive net capital inflows despite the intraday weakness.