TradingKey

TradingKey - On August 17, Eastern Time, Bloomberg reported that Anthropic disclosed to investors that as of the end of July, its annualized revenue had reached $65 billion, up more than sevenfold from the end of last year.

TradingKey - Nike (NKE), which once swept global markets with its "Just Do It" slogan and Air Jordan series, is currently experiencing a prolonged slump rarely seen since going public. On August 17, Nike shares closed at $39.09, down about 4% for the day after touching an intraday low of $38.86, hitting a new low in nearly 12 years.

TradingKey - On August 17 ET, Micron Technology (MU) closed at $1,011.75, up 4.13%, reclaiming the $1,000 mark for the first time in over a month and bringing its cumulative rebound from its July low to 36%.

TradingKey - MRVL Q1: Revenue $2.42B (+27.6%), EPS $0.80, data center 76%, interconnect +70% (800G, 1.6T, Coherent Light). NVIDIA partnership expanded. Technical: broke descending channel, $251 target. Aug 27 earnings will set next leg. Jackson Hole (Aug 21-22) sets capex tone.

TradingKey - The South Korean government on Tuesday denied reports that memory chips would be the first project under South Korea's $350 billion investment in the U.S., stating that the claims are untrue.

TradingKey - The window for U.S.-Iran negotiations has closed, and the prospects for an agreement look bleak. The three major U.S. stock indices closed lower for the second consecutive day. At the close, the Dow Jones Industrial Average fell 0.51% to 53,459.78; the Nasdaq Composite Index dropped 0.

TradingKey - SNDK broke above $1,671.90, now at $1,784, targeting $1,832 (61.8% Fib). NAND flash prices firming as AI capex drives data-center storage demand. Supply constrained, capacity additions delayed. Jackson Hole (Aug 21-22) will determine if storage demand assumptions hold.

TradingKey - On August 18, Japanese and South Korean stock markets diverged in morning trading. South Korea's KOSPI Index (KOSPI) opened higher and extended its gain to 2.2%, standing at 7,131.40 points, while Japan's Nikkei 225 Index (JPN225) came under pressure, falling 0.81% to 68,658.17 points.

The US-Iran ceasefire agreement expired on Monday as negotiations reached a deadlock, while the 30-year US Treasury yield hit a new high since 2007, both of which weighed on US equities. All three major indexes fell, while AI hardware stocks bucked the trend to strengthen, with memory and optical communication stocks leading the gains. At the close, the Dow Jones Industrial Average dropped 0.51% to 53,459.78; the Nasdaq Composite Index fell 0.32% to 26,644.91; and the S&P 500 Index lost 0.52% to 7,745.06.

Amazon's (AMZN) stock price has experienced a continuous pullback since reaching an all-time high of $287.20 on August 3, currently falling below $260. In his latest report, Morgan Stanley analyst Brian Nowak assigned a price target of $335 for Amazon, implying a 30% upside potential from current levels, while maintaining an "Overweight" rating. He noted that if Amazon's AWS business continues to grow along its expected trajectory, the stock could reach $500 by the end of 2027.

On August 17, Eastern Time, the U.S. Department of the Treasury issued a proposed rule seeking public comment on the implementation of the GENIUS Act to establish a federal regulatory framework for payment stablecoins, with a 60-day public comment period.

Nvidia (NVDA) announced that it will provide up to $105 billion in credit support for a large-scale AI data center campus being built for OpenAI in Pike County, Ohio, and invest $1.5 billion in project developer SB Energy. The project will be constructed, owned, and operated by SoftBank-backed SB Energy, with OpenAI serving as the primary tenant under a 20-year lease.

On August 17, Eastern Time, Cerebras Systems (CBRS) surged 15% in a single day, breaching the $250 mark. Wedbush Securities stated in its latest research report that OpenAI disclosed the Ultrafast mode of GPT-5.6 Sol will be powered by compute capacity from Cerebras, indicating that collaboration between the two parties continues to make positive progress.

AMD Q2: Revenue $11.536B (+50% YoY), Data Center $6.7B (+107%), EPS $1.66, margin 56%. MI450 production ramping. Anthropic $5B + 2GW, Oracle 50k units starting Q3. Technical: Triangle breakout, $530 target. Jackson Hole will test capex narrative.

WMT reports Aug 20 at 6am CT. Q1: Revenue $177.8B (+7.3%), e-commerce +26%, advertising +37%, comp sales +4.1%. Consumer sentiment fell to 51.0 (down from 55.2). Can Walmart take share in weakening consumer? Jackson Hole (Aug 21-22) follows day after.

TradingKey - The U.S. Navy recently announced that it has signed a Tomahawk cruise missile procurement contract worth approximately $22.9 billion with Raytheon, a subsidiary of RTX (RTX), aimed at accelerating the replenishment of critical munitions and expanding missile production capacity. This large-scale, long-term contract will support Raytheon in increasing personnel, expanding production lines, and strengthening its supply chain to accelerate future deliveries of Tomahawk missiles.

PANW reports Sept 1 after Q3 beat (31% revenue growth, NGS ARR +60% to $8.1B). AI security expanding with Prisma AIRS, CyberArk integration. Organic NGS ARR +28% ex-acquisitions. China cybersecurity review adds risk. Jackson Hole will test capex confidence.

TradingKey - Artificial intelligence company Anthropic is preparing for a potential blockbuster IPO. According to Reuters, citing two people familiar with the company's finances, Anthropic expects its revenue to reach $190 billion to $200 billion by 2028, an aggressive growth target that is becoming a key basis for Wall Street in assessing the company's IPO valuation.

On the surface, Bridgewater's massive position reduction is the result of a hedge fund locking in windfall profits at record highs and executing disciplined risk management, but a deeply bearish signal lies beneath.

Lumentum revenue doubled to $1.006 billion as AI networking demand accelerated. Nvidia’s investment supports expansion, but supply risks remain as LITE approaches $958 resistance.