TradingKey

TradingKey - On Thursday (October 29), gold prices (XAUUSD) continued to pull back after the Federal Reserve announced its latest interest rate decision. As of the Asian trading session on October 29, gold was trading lower near $4,025, down approximately 1% on the day. Although the Fed held interest rates unchanged as expected, market participants remained cautious about the U.S. inflation outlook. Today's upcoming release of the September PCE data may determine the short-term direction for gold.

Japanese and South Korean markets diverged at elevated levels, with Japan outperforming and South Korea underperforming. Samsung plunged 4% in a sell-the-news reaction, sending the KOSPI below the 6,000-point mark, while the Nikkei extended its strong rally to a fourth straight session.

TradingKey - According to Bloomberg, chip designer Marvell Technology (MRVL) is in advanced talks to acquire optical component supplier Lumentum Holdings (LITE), with a deal potentially announced as early as next week. However, the parties have not yet signed a definitive agreement, and the transaction price, payment structure, and timeline remain subject to change.

TradingKey - On October 28, Eastern Time, ServiceNow (NOW) shares plunged more than 18% in after-hours trading following the release of its third-quarter financial results.

• Australian dollar rallied following hotter-than-expected third-quarter inflation data. • U.S. Federal Reserve policy kept interest rates steady, dampening bullion demand. • Technical indicators including MACD, RSI, and Williams %R signal selling conditions.

• Hawkish Federal Reserve signals and rising Treasury yields drove silver's decline. • Persistent inflation and energy costs weakened industrial demand for silver. • Institutional liquidation and technical support breaches amplified downward price momentum.

• Spot silver declined due to firm Treasury yields and a stronger US dollar. • Softening industrial demand and technical support breaches increased silver's downside price exposure. • MACD indicates a sell signal while Williams %R suggests oversold conditions.

ClearPoint Neuro’s Q3 2026 revenue rose 36% to $12.1 million, led by 59% growth in neurosurgery navigation and therapy, while diluted loss per share widened to $0.24 from $0.21. Gross margin declined five percentage points to 58%, and net loss increased to $7.5 million. Cash ended the quarter at $46.2 million, but $20.1 million of nine-month operating cash use was largely offset by $22.0 million in ATM equity proceeds. ClearPoint now expects 2026 revenue of $48.0 million to $50.0 million.

Patterson-UTI Energy’s Q3 2026 revenue rose about 14% year over year to $1.342 billion, while diluted EPS improved to $0.07 from a $0.10 loss. Adjusted EBITDA increased about 21% to $263.9 million as higher U.S. drilling and completion demand, improved pricing, and record Drilling Products performance lifted results. GAAP operating income reached $63.3 million, though a $22.1 million rig-sale gain contributed. The company expects modest sequential adjusted gross profit growth in Drilling and Completion Services in Q4, while Saudi activity weighs on Drilling Products.

MicroVision’s (NASDAQ: MVIS) Q3 2026 earnings showed revenue of $2.4 million, up from $0.2 million a year earlier, and a 50% gross margin versus a negative prior-year margin. The GAAP net loss narrowed to $12.2 million, or $0.45 per share, while operating cash use was $13.6 million. Operating expenses rose to $22.5 million following the Luminar acquisition. MicroVision reiterated 2026 revenue guidance of $10 million to $15 million and expects 2027 revenue to at least double.

TradingKey - On October 29, following the Federal Reserve's October decision, Bitcoin (BTC) prices weakened once again. As of today's Asian trading session, Bitcoin broke below the $80,000 mark again, pulling back steadily from around $81,300 to an intraday low of approximately $79,700, with intraday losses briefly approaching 2%. Bitcoin had previously rebounded for two consecutive trading sessions but failed to effectively break above $82,000, leaving the $80,000 level as a key short-term battleground once again.

Although Marvell's acquisition of Lumentum remains unconfirmed, a surge in buying pressure sent Lumentum soaring 15%, briefly breaching the $1,000 mark.

TradingKey - On October 29, Microsoft (MSFT) shares moved significantly higher in after-hours trading following the release of its earnings report. Microsoft's stock closed at $531.01 on October 28, down a slight 0.06%, but surged over 3% post-market after the earnings announcement, briefly approaching $550 and coming within striking distance of its all-time high of $555.45.

Alphabet's financial results missed expectations, causing its stock price to plunge 10% and setting up a critical make-or-break battle to defend the $270 level on the technical front.

• Bitcoin faced selling pressure from macroeconomic headwinds and hawkish monetary policy signals. • Institutional capital flows cooled, accompanied by a persistently negative Coinbase premium indicator. • Technical indicators show negative MACD and Williams %R values indicating sell conditions.

• Tight global liquidity and elevated interest rates create persistent headwinds for Ethereum. • Extended net outflows from U.S. spot Ethereum exchange-traded funds exacerbate market pressure. • The Glamsterdam network upgrade delay and negative technical indicators weigh on sentiment.

TradingKey - On October 29, Samsung Electronics released its Q3 2026 financial results. Driven by growing demand for AI chips and memory, the company's quarterly operating profit reached a record high.

The Federal Reserve held rates steady as expected, driving a strong rebound in crypto assets, with Bitcoin returning to $81,000.

• Solana faced downside pressure due to global risk-off tone and ETF outflows. • On-chain metrics showed moderated trading volumes, fee generation, and total value locked. • Technical indicators like MACD and Williams %R suggested sell conditions.

• XRP's price declined due to profit-taking and slowing spot fund inflows. • Corporate payment initiatives failed to generate direct long-term open-market token accumulation. • Technical indicators including MACD, RSI, and Williams %R currently show neutral conditions.