TradingKey

TradingKey - As of the Asian session on July 9, gold prices (XAUUSD) maintained a range-bound and weak trend around $2,406, following three consecutive trading days of declines. From a technical perspective, gold prices remain under pressure due to the deteriorating situation between the US and Iran, a stronger US dollar, and the hawkish tilt of the Federal Reserve's meeting minutes.

Tesla delivered approximately 480,000 vehicles in Q2 2026, significantly beating sell-side consensus. However, whether its valuation can rerate still depends on automotive gross margin, FSD v14 Lite, Robotaxi operations, European FSD regulatory progress, and the quality of its July 22 earnings report.

SK Hynix's US IPO was oversubscribed, boosting its stock price; however, it is unlikely to return to its historical highs by the end of July.

Micron rebounds from ascending trendline support as AI-driven HBM demand continues to reshape earnings. Can MU extend toward $1,103 after record Q3 results?

TradingKey - In early Asia-Pacific trading on July 9, memory chip stocks rallied across the board. Shares of Japanese memory chip giant Kioxia surged over 10% at one point, South Korea's SK Hynix jumped over 8%, and Samsung Electronics rose more than 4%, driving a rapid recovery in the Japanese and South Korean semiconductor sectors from the sharp decline of the previous trading day.

Macroeconomic events have heightened rate hike expectations, pushing spot gold down once again toward the $4,000 threshold. The June CPI release next Tuesday is set to become a watershed moment for bulls and bears.

TradingKey - On July 8, Eastern Time, US stocks showed divergent performance. Escalating conflicts between the US and Iran pushed energy prices back up, fueling market concerns over sticky inflation and the Federal Reserve's policy path, which dragged down the Dow Jones Industrial Average and the S&

Reuters says DeepSeek is building its own AI chip to cut ties with Nvidia. NVDA slipped 2% on the news but still holds $197. The chart has flipped to a long setup. 61 analysts Buy at $301 avg target.

Japanese and South Korean stock markets opened higher and continued to rise, with the KOSPI Index and the Nikkei 225 index gaining to varying degrees. SK Hynix and Kioxia surged by approximately 8%, while Samsung Electronics and SoftBank tracked the gains.

TradingKey - Donald Trump publicly stated that he has no intention of resuming any agreement negotiations with Iran, dampening market trading sentiment. The three major US stock indexes diverged, with the Dow Jones Industrial Average taking a hit, the Nasdaq Composite rising, blue-chip stocks declining, and memory chip stocks rebounding. At the close, the Dow Jones Industrial Average fell 1.09% to 52,348.39 points; the Nasdaq Composite Index rose 0.20% to 25,870.65 points; and the S&P 500 Index fell 0.28% to 7,482.71 points.

The Federal Reserve released the minutes of its June 16-17 FOMC monetary policy meeting on July 8. The document shows that the Fed's policy has completely shifted to a neutral, wait-and-see stance, with upside risks to inflation becoming the core contradiction. This FOMC meeting sent a clear signal that the Fed has completely moved away from its previous unilateral rate-cut bias and entered a period of two-way, flexible policy observation. Higher-than-expected inflation stickiness and its broadening scope are the core reasons for this policy shift, while the resilience of employment and growth provides room for flexible policy adjustments. Officials confirmed a further rise in inflation, noting that pressures are no longer confined to exogenous factors such as energy and tariffs. Instead, price increases have spread across a wide range of categories including transportation, airfares, and oil, with service inflation excluding housing showing almost no improvement. In the short term, as shipping through the Strait of Hormuz recovers and the marginal effects of tariffs fade, inflation is expected to decline gradually.

Tradingkey - On July 8, Eastern Time, Broadcom (AVGO) bucked the market trend, surging over 6% to close at $393.25. It is reported that Apple (AAPL) announced a multi-year partnership agreement with Broadcom today, valued at over $30 billion. BofA Securities previously pointed out that Broadcom's newly added fifth AI ASIC customer "is likely Apple."

TradingKey - Meta launched Muse Image from its Superintelligence Labs and rose 5% in two days. But the chart is in a descending channel at $605 targeting $556. Zuckerberg hinting at AI overbuild. July 29 earnings next.

Tradingkey - On July 8, Eastern Time, the two major crude oil futures surged sharply, with Brent crude on the verge of reclaiming the $80 mark, returning to its mid-June highs. It is reported that during his attendance at the NATO summit in Turkey, US President Trump stated that the US military might launch another military strike against Iran tonight. As of press time, Brent crude rose over 7% to $79.41, peaking at $79.93; WTI crude oil futures rose approximately 7% to $75.23.

Tradingkey - Following SpaceX's (SPCX) record-breaking IPO, market attention on the commercial space sector has steadily intensified. Latest reports indicate that Jeff Bezos's Blue Origin is moving quickly to follow suit, planning to open its first-ever external funding round. The company aims to raise $10 billion at a post-money valuation of $130 billion, officially joining the ranks of global commercial space enterprises with valuations exceeding $100 billion. According to people familiar with the matter, the round will be led by top hedge fund Coatue with a $4 billion investment, with Bezos co-investing $20 billion (erratum: $2 billion). The remaining portion has seen strong demand from institutions, with several large investors poised to participate. This marks the first time Blue Origin has raised external capital in its over 20-year history, breaking the traditional model where Bezos solely funded the company by selling Amazon stock.

TradingKey - SpaceX faces a lawsuit to shut down the gas turbines powering its Colossus 2 data center — putting the $45B Anthropic contract at risk. SPCX at $149, near its IPO price. August 6 is the next inflection.

TradingKey - On Wednesday, AI chip startup SambaNova announced the completion of a $1 billion Series F funding round, propelling the company's valuation to $11 billion and making it a newly minted decacorn in the AI chip sector.

TradingKey - Cloudflare grew revenue 34% in Q1 2026 and cut 20% of its workforce to become an AI-first company. NET at $268 breaking above a symmetrical triangle with RSI approaching overbought. Is $300 next?

TradingKey - On July 8, Eastern Time, in pre-market trading, the three major US stock index futures fell further. As of press time, Dow Jones Industrial Average futures fell 0.94%, S&P 500 index futures slid 0.70%, and Nasdaq 100 index futures dropped 1.03%.

TradingKey - Broadcom locked Apple as a customer through 2031, erasing the in-sourcing fear that drove a 20% post-earnings drop. AVGO at $373, 24% below its $495 high. AI chip sales guided to $16B in Q3. Here’s the setup.