TradingKey

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.

TradingKey - SpaceX (SPCX) has recently seen a clear recovery in its stock performance. On September 3, SPCX rose 6.42% on heavy volume to $149.74, touching an intraday high of $152.30, before pulling back slightly by 1.20% on September 4 to close at $147.95. Notably, while the three major U.S. stock indices fell across the board last Friday, SPCX posted only a mild correction, largely holding its breakout level from the previous session's sharp gain.

An in-depth analysis of GE Vernova (NYSE: GEV): AI data centers are driving up demand for gas turbines and grid equipment, with order backlogs extending years into the future. This article breaks down GEV's Power and Grid segments, the front-loading of gas turbine orders, sales opportunities per GW for data centers, its 2028 earnings trajectory, and fair valuation to assess whether the current stock price has already priced in future growth.

As Robinhood enters IPO underwriting for the first time, can its stock price surge to an all-time high of $153?

TradingKey - As of the Asian session on September 8, WTI crude oil prices (USOIL) continued to fluctuate at elevated levels, with the latest price trading near $92.30, up 1.2% intraday, after touching a nearly two-month high of $93.29. Over the past week, WTI has gained nearly 10% cumulatively. The reignited US-Iran conflict, shipping restrictions in the Strait of Hormuz, and OPEC+ pausing further production increases have combined to provide sustained upward momentum for oil prices.

Biden's son plans to launch the memecoin LAPTOP, with a total supply of 1 billion tokens.

TradingKey - On September 7, Eastern Time, U.S. financial markets were closed for Labor Day, leaving global trading relatively light. However, the escalating U.S.-Iran conflict pushed international oil prices to a six-week high, reigniting market concerns over energy inflation and monetary policy ti

Japanese and South Korean markets diverged at the open. The KOSPI strongly breached the 7,000 mark, while Japanese equities adopted a wait-and-see stance ahead of Japan's GDP data. SoftBank, Samsung Electronics, and SK Hynix continued to extend gains.

According to industry sources cited by South Korean media outlet *Economy Tribune*, Apple (AAPL) is set to sign a long-term agreement (LTA) for NAND flash memory in the near future, though the counterparty, procurement volume, and pricing terms have not yet been disclosed. Citi noted in a report that the market widely speculates Kioxia may be the partner for this NAND LTA, although neither Apple nor Kioxia has officially confirmed the arrangement.

South Korean brokerage KB Securities pointed out in its latest research report that memory semiconductor inventories at Samsung Electronics and SK Hynix (SKHY) have fallen to less than 10 days of supply, and available supply will be significantly insufficient next year.

Citi maintains a bullish forecast for gold (XAUUSD) prices, with a 3-month target of $4,800/oz and a 6-to-12-month target of $5,000/oz, both above the current spot gold price of around $4,400. The bank believes that if normal shipping through the Strait of Hormuz resumes in the fourth quarter of 2026, falling energy prices could serve as a key catalyst for the next leg of the gold rally.