TradingKey

In the first half of 2026, tech giants such as Nvidia, Google, and Apple all reached new all-time highs. However, Meta (META) not only failed to reach these levels but also exhibited overall weakness, plunging more than 14% during the period. This performance underperformed the three major U.S. stock indices, ranking it second-to-last among the Magnificent Seven, behind only Microsoft. Will Meta continue its downward trend in the second half of the year, or will it stage a comeback to surge toward new highs and even challenge the $1,000 milestone?

TradingKey - SoFi launched small-business loans, an AI trading platform, and a new ETF last week. It’s also in the SpaceX prospectus as a retail broker. At $18.74 in a symmetrical triangle, the $20.10 breakout level is the watch for the week ahead. Earnings July 29.

TradingKey - Melius Research targets $1,050 for Western Digital. Goldman raised to $650. Q4 earnings are July 29 with consensus EPS of $3.27, up 100%. At $569 in a descending channel, here’s what the bull and bear cases say.

TradingKey - In the coming week, global markets will usher in the first true "super week" of the second half of the year. A dense release of key U.S. inflation and consumption data for June, including CPI, PPI, and retail sales, will directly influence expectations for the Federal Reserve's policy meeting at the end of July. Meanwhile, the second-quarter U.S. earnings season officially kicks off, with major banks led by JPMorgan Chase, Goldman Sachs, Citigroup, and Bank of America among the first to report. Tech giants such as ASML, TSMC, and Netflix will also release their results, providing the latest bellwether for the AI industry chain and the global technology sector.

TradingKey - TSMC's (TSM) earnings call serves as a bellwether for the global semiconductor industry. As the world's most advanced foundry, TSMC's capacity utilization, capital expenditure plans, and AI chip demand guidance directly impact the supply chain expectations of tech giants like Nvidia, AMD, and Apple. For the upcoming earnings call on July 16, the market will search for key signals on whether AI demand can continue to exceed expectations. Less than two weeks before the earnings call, Citigroup (C) released a research report on July 6, raising its price target for TSMC's Taiwan-listed shares from NT$2,875 to NT$3,800 while maintaining a "Buy" rating. Based on the current share price of approximately NT$2,500, this target price implies an upside of about 57%.

TradingKey - As of July 9 ET, Meta (META) was trading at $631.48, rising 4.7% for the day and reaching an intraday high of $633.27. While Meta's share price has reclaimed the $600 level, technical indicators still suggest the potential for further pullbacks.

TradingKey - After experiencing an epic rally over the past two years, global AI chip leader Nvidia (NVDA) has seen its capital market performance pale in comparison this year, with its stock price significantly underperforming the Philadelphia Semiconductor Index (SOX). To date, Nvidia’s year-to-date gain is only 7%, while the Philadelphia Semiconductor Index has surged 80% over the same period. This massive divergence has drawn widespread market attention: what exactly is weighing down this market-cap king?

TradingKey - Two short sellers hit Bloom Energy last week — Hunterbrook alleged Chinese scandium supply reliance, Crossroads Capital added a second short. Bloom refuted both. At $257 in a triple bottom, July 28 earnings is the resolution. Here’s the setup for the week ahead.

TradingKey - Alibaba gained 12% in two days after a $600M DOJ settlement, a Pentagon rule reprieve, reports of limited Nvidia H200 access, and 45% cloud growth expectations. At $111 with Q1 earnings August 28, here’s what the week ahead holds.

TradingKey - On June 24, Eastern Time, OpenAI, in collaboration with Broadcom (AVGO), released its first self-developed AI inference chip, Jalapeño. The chip took only nine months from design to tape-out and is regarded by the industry as the "most aggressive move" yet by a major tech company to reduce its reliance on Nvidia.

TradingKey - As of the close on July 8, Eastern Time, Broadcom (AVGO) shares rose 4.83% to $388.69, reaching an intraday high of $395.09. The stock showed significant strength on Wednesday, directly attributed to the expanded chip supply partnership between Apple (AAPL) and Broadcom. This signifies that Broadcom's custom chip business has secured long-term order support from a major customer, while also strengthening its key position within Apple's supply chain.

Samsung Electronics' Q2 earnings guidance reported stunning profits, but its share price failed to rally, instead facing massive institutional sell-offs and closing nearly 7% lower. This classic "buy the rumor, sell the news" event has sparked market concerns over the company's future: will the stock climb to new highs in the second half of the year, or is a "catastrophic collapse" on the horizon?

TradingKey - From late March to early June this year, tech stocks became the favored choice for investors. During this period, the Nasdaq Composite Index rose by as much as 28%, while the Nasdaq 100 Index surged by 33%. From an asset allocation perspective, investing in the Nasdaq Composite Index encompasses nearly all stocks listed on the Nasdaq, covering all industry sectors such as technology, finance, healthcare, and consumer goods. It includes leading tech giants like Apple, Microsoft, and Nvidia, as well as a large number of small and mid-cap emerging growth companies, offering a more balanced distribution across industries and market capitalizations. Therefore, investing in this index represents a bet on the long-term growth potential of the entire industrial chain of the U.S. new economy.

Tradingkey - Apple (AAPL) officially filed a lawsuit against OpenAI on Friday for the theft of trade secrets, coinciding with a critical window as the latter prepares for its IPO. This litigation has pushed the two former close partners into direct opposition and signals that global competition in the AI industry has expanded from model algorithms and ecosystem collaboration to intellectual property disputes over underlying hardware technology. The integration of ChatGPT into the iPhone operating system in 2024 was previously a benchmark event for the implementation of AI in consumer electronics. However, after OpenAI spent $6.4 billion to acquire IO Products and officially entered the consumer hardware sector—directly encroaching on the core stronghold Apple has cultivated for decades—the relationship cooled rapidly. Apple has confirmed that the new version of Siri set for release this autumn will abandon ChatGPT in favor of Google’s Gemini AI model, a strategic shift that was already becoming apparent.

TradingKey - The U.S. agreement to continue negotiations with Iran and the debut of SK Hynix today both buoyed market sentiment. The three major U.S. stock indices all closed higher, with the Nasdaq Composite Index rising for three consecutive days, though the rally in tech stocks slowed. At the close, the Dow Jones Industrial Average rose 0.29% to 52,637.01; the Nasdaq Composite Index gained 0.29% to 26,281.61; and the S&P 500 Index climbed 0.42% to 7,575.39.

TradingKey - Donald Trump has publicly urged Americans to "go out and buy a Dell computer." Is the Trump-endorsed Dell worth investing in? As an investor, how well do you know this company?

TradingKey - On July 10, Eastern Time, stablecoin leader Circle (CRCL) reported a major regulatory breakthrough. The company officially announced that it has received formal approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, a national digital currency trust bank. Spurred by the news, Circle shares surged more than 16% intraday to a high of $72.85, marking its largest single-day gain in two months. At the time of writing, Circle's gain had narrowed to 4.4%, trading at $65.8.

TradingKey - SK Hynix - WI (SKHYV) opened at $170 in its debut, 14.09% higher than its offering price of $149. Its market capitalization reached $1.27 trillion, currently ranking 11th in the U.S. by market value, below Tesla but above Eli Lilly. Reportedly, when-issued trading was conducted on Friday under the temporary ticker SKHYV, and will officially switch to the regular ticker SKHY next Monday.

TradingKey - On July 10, ET, Marvell Technology (MRVL) shares retreated, falling 3.38% to $235 as of press time. Reportedly, SemiAnalysis founder Dylan Patel stated that the large-scale adoption of co-packaged optics (CPO) may be delayed until late 2028 or 2029. Patel pointed out that current manufacturing yields, chip designs, and supply chain maturity have yet to reach the standards for mass deployment. Furthermore, Nvidia's Rubin and its subsequent Feynman architectures will continue to utilize all-copper solutions, meaning CPO on the GPU side will have to wait for several more generations of chip iterations.

TradingKey - Tesla’s 480K Q2 deliveries are already priced in. July 22 earnings are about automotive gross margin, Cybercab launch timeline, and whether $25B capex is compressing or expanding future free cash flow. TSLA at $406.