TradingKey

Wall Street hit fresh highs as Kevin Warsh took the Fed helm, tech and space stocks rallied, and Anthropic eyed a $900B valuation amid easing geopolitical tensions.

Tradingkey - With shares priced near $970, Lumentum Holdings (ticker: LITE) has a market cap of approximately $75 billion. LITE serves as the major infrastructural chokepoint for the impending AI boom expected to start in 2026. The principal contradiction defining LITE’s valuation is the divergence

TradingKey - In today's market, some of the longest-term success stories were anything but safe in the beginning (e.g., Amazon (AMZN)). Amazon spent nearly all of its early years operating with negative cash flow and required long-term investors to have both patience and the willingness to continue

TradingKey - On May 21 ET, the Trump administration announced an investment plan for the quantum computing sector, allocating over $2 billion in federal funds to nine quantum computing companies. In exchange, the government will receive minority non-controlling equity stakes in the funded enterprise

TradingKey - Bloomberg, citing several people familiar with the matter, reported that Elon Musk’s SpaceX is expected to advance its acquisition of AI startup Cursor 30 days after completing its IPO and official listing, with the deal potentially closing as early as July this year. Why would SpaceX,

TradingKey - On May 22, SanDisk Corporation (SNDK) edged down 0.13% to close at $1,542.69, pausing just under its fresh records after what appears to be a significant transformation cycle. The 2-hour chart shows a bullish hammer formation, confirming that a retest of the lower end of its sharp ascen

TradingKey - During the pre-market session on Friday, May 22 (ET), the three major U.S. stock index futures rose, while European index futures also climbed. Asian stocks moved higher for a second consecutive day. South Korean stocks closed slightly higher, and the Nikkei 225 surged 2.68%, primarily driven by an 11% gain in heavyweight SoftBank Group.

TradingKey - Walmart (WMT) reported first-quarter total revenue of $177.8 billion, a 7.3% year-on-year increase, exceeding market expectations of $174.98 billion. However, as full-year earnings guidance fell short of analyst estimates and fuel costs continued to rise, shares tumbled 7.27% to close at $121.34, marking the stock's largest single-day decline in nearly two years.

TradingKey - IBM surged 12.4% on a proposed $1B CHIPS Act quantum foundry award targeting fault-tolerant quantum by 2029. Q1 EPS $1.91 beat, Red Hat AI services launched. Trendline breakout. Target $263–$277.

Driven by a $2B CHIPS Act quantum foundry breakthrough, IBM is shifting from legacy hardware to high-margin hybrid cloud and AI, targeting a $321 Wall Street consensus.

TradingKey - AI leader OpenAI is reportedly accelerating its IPO process and could confidentially file a draft registration with the U.S. Securities and Exchange Commission as early as today. If the review process proceeds smoothly, the company is expected to list by this September, a timeline significantly ahead of previous market expectations of the fourth quarter or later.

Tradingkey - On May 22, Asian equity markets strengthened across the board, with Japanese and South Korean stocks approaching all-time highs. An overnight surge in U.S. quantum computing stocks drove significant gains in related Japanese shares. The U.S. government reportedly plans to provide approximately $2 billion in funding to nine quantum computing-related companies through equity investments. Additionally, market sentiment was further bolstered by easing geopolitical tensions as the U.S. and Iran move closer to an agreement. A senior Iranian official stated that negotiators are very close to reaching a deal and are currently drafting the text.

TradingKey - On May 22 (ET), the U.S. will release the University of Michigan Consumer Sentiment Index for May. Market expectations currently project the index to remain at 48.2, unchanged from the preliminary reading. While the indicator reflects consumer sentiment regarding the economy, income, and purchasing conditions, investors in the current market environment are focusing more on the 1-year and 5-year inflation expectations, as these will directly influence Fed policy expectations, U.S. Treasury yields, and the performance of the U.S. Dollar and gold.

Mark Cuban offloaded Bitcoin and slammed it as a "failed hedge," but remains bullish on Ethereum due to its support from real-world DeFi applications and on-chain utility.

TradingKey - On May 21, Eastern Time, the U.S. government's plan to provide approximately $2 billion in funding to nine quantum computing companies through equity investments became a focal point for the technology sector this week. Driven by this news, IBM shares surged 12.43% on Thursday, marking a significant single-day gain. Other quantum-related stocks, including D-Wave (QBTS), Rigetti (RGTI), and GlobalFoundries (GFS), also strengthened, signaling a market re-evaluation of quantum computing’s transition from a long-term scientific concept to a strategic industrial asset.

TradingKey - Driven by the strong catalyst of a sustained explosion in global demand for AI computing power, chip architecture giant Arm (ARM) has reached a historic milestone. This has yielded the most stellar returns of their investment careers for Arm’s majority shareholder, SoftBank Group, and its founder, Masayoshi Son.

Amidst volatility and broader weakness in the cryptocurrency market, HYPE has staged an independent rally, capturing the attention of global investors. What exactly is HYPE? What is driving this aggressive surge, and can the upward momentum be sustained?

Tradingkey - Nearly three months since the outbreak of the Iran war, oil prices continue to fluctuate at high levels, with WTI crude futures hovering around $100 and Brent crude around $105. The primary reason for prices maintaining current levels is a market consensus: while the escalation in the Strait of Hormuz has disrupted global supply, it has also suppressed demand, with the two forces offsetting each other to create a delicate dynamic balance. A recent Morgan Stanley report noted that although net exports from major Middle Eastern producers have declined, other producers—led by the U.S.—have significantly increased export supplies. Simultaneously, major importers like China have reduced their import volumes, collectively sustaining the current supply-demand equilibrium in the crude oil market.

TradingKey - In early Friday trading, Japanese and South Korean stock markets extended the previous day’s rally, continuing to trend higher. The Nikkei 225 Index opened 0.35% higher, with intraday gains quickly expanding to 1%. The Seoul Composite Index opened up 0.7%, steadily advancing toward the 7,900-point psychological level.

U.S. markets edged higher alongside a massive quantum computing rally, while investors navigated rising stagflation risks, geopolitical tensions regarding Iran, and controversy surrounding the SpaceX IPO.