TradingKey

TradingKey - COST closed near $893.9 ahead of Sept. 24 earnings as Q4 sales stay strong. Can $888 support hold and prevent a drop toward $874.81?

TradingKey - AZO closed at $2,844.31 near 52-week lows ahead of Sept. 22 earnings. Can $2,834 support hold and trigger a rebound above $2,901?

TradingKey - DRI closed at $206.74 ahead of Sept. 24 earnings as LongHorn stays strong but inflation risks rise. Can $202.73 support hold?

TradingKey - GM closed at $87.13 after a 3.37% rally as strong truck demand offsets hybrid-market pressure. Can $87.67 unlock 89.53-91.68?

• Macro easing and short liquidations pushed XRP above the 1.40 USD resistance. • RippleX integrated the Machine Payments Protocol to expand real-world utility. • Regulatory clarity and institutional inflows supported resilient spot market demand.

• Protocol proposal SIMD-0525 activation reduced slot times to 250 milliseconds. • Global assets under management for spot Solana funds exceeded $1.4 billion. • Technical indicators show a neutral MACD of -0.690 and RSI of 68.279.

Apple's (AAPL) stock price has steadily rebounded since its autumn product launch event on September 9. Currently hovering around $334, it has recovered most of its losses since peaking in late July and sits less than 3% below its all-time high of $344.26. The market is banking on sales of the new product lineup to push the stock past its previous record high. Global delivery lead times tracked by JPMorgan for the iPhone 18 Pro and 18 Pro Max have expanded more than during the same period last year, while a consumer survey by Evercore ISI also points to a better-than-expected upgrade cycle. Meanwhile, delivery lead times in the Chinese market remain significantly shorter than last year, which JPMorgan views as a primary concern in tracking current demand.

TradingKey - AI server procurement is expanding from standalone units to full racks, liquid cooling, power, and networking systems. Super Micro Computer (SMCI) focuses on high-performance servers and liquid cooling, featuring fast product introduction and high growth elasticity; Dell Technologies (DELL) also covers storage, PCs, financing, and services, offering a more diversified customer base and revenue streams.

• Texas Instruments increased its quarterly cash dividend, extending its multi-decade streak. • The company reported an annual revenue of $17.68B and net profit of $4.97B. • Analysts maintain an average price target of $309.53 with a Buy rating.

• Dell shares experienced a pullback due to profit-taking following record highs. • Insider share sales and institutional portfolio adjustments increased short-term selling pressure. • AI hardware demand remains strong despite ongoing pressure on overall gross margins.

• CEO Rene Haas expressed increased confidence in capturing AGI CPU customer demand. • Easing manufacturing supply constraints reinforced investor confidence in Arm's AI infrastructure expansion. • Arm reported an annual revenue of $4.92B and a net profit of $904.00M.

• Macroeconomic relief and reduced interest rate uncertainty boosted tech equity sentiment. • A new debt offering enhanced the firm's liquidity and capital structure flexibility. • Analog Devices reported $11.02B in annual revenue with an extremely bullish market sentiment.

• ASML reported annual revenue of $36.83B and net profit of $10.83B. • Production capacity limits reinforce pricing power and extend revenue visibility. • The MACD value of -11.188 indicates a sell signal.

U.S. Treasury yields rose again, weighing on equities and leaving U.S. stocks mixed. AI hardware stocks surged late in the session, with memory and cryptocurrency stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.18% to 51,682.64; the Nasdaq Composite Index rose 0.39% to 26,522.55; and the S&P 500 Index gained 0.17% to 7,650.50.

• Eaton raised full-year organic growth expectations and upper-end guidance ranges. • Annual revenue reached $27.45B with net profit totaling $4.09B. • Analysts issued Buy ratings with an average price target of $475.47.

• Micron experienced upward momentum and price volatility ahead of its earnings release. • Surging demand for memory-intensive enterprise artificial intelligence applications outpaces available supply. • Annual revenue reached $37.38 billion, with a net profit of $8.54 billion.

• Coherent shares rose due to sector rotation into optical communications and AI hardware. • The company launched a volume-shipping optical line system tailored for hyperscale data centers. • Quarterly results showed record revenue and expanding gross margins driven by hardware.

On September 18, Eastern Time, Micron (MU) shares reclaimed the $1,000 mark after one week. RBC Capital noted that Micron's current valuation barely reflects its exposure to the wave of AI-driven memory demand, leaving "significant" room for valuation multiple expansion.

• Circle launched the Arc Layer-1 blockchain to diversify its revenue streams. • The company announced the acquisition of cross-border payment provider Tazapay. • Circle reported annual revenue of $2.75B and a net loss of $69.51M.

• AppLovin faced volatility from monthly options expiration and sector valuation recalibration. • Brokerages lowered price targets amid execution risks and rising competitive pressures. • Annual revenue reached $5.48 billion with net profit at $3.33 billion.