TradingKey

TradingKey - On November 5, Eastern Time, SpaceX (SPCX) shares fell 9.05% to close at $123.62, marking a second consecutive trading day of declines and retreating about 29.9% from its October intraday high of $176.42.

TradingKey - U.S. equities suffered one of their most severe sell-offs in recent years, with the AI supply chain bearing the brunt of the hit. On Thursday local time, the Philadelphia Semiconductor Index plunged approximately 12.3%, marking its largest single-day decline since March 2020; the Nasdaq 100 Index dropped about 6.4%, the S&P 500 slumped 4.4%, and the Dow Jones Industrial Average fell by more than 1,800 points. As Nvidia (NVDA), memory chipmakers, and data center-related stocks tumbled across the board, market confidence in the outlook for AI investments was visibly shaken.

TradingKey - At the close on Thursday (November 5) Eastern Time, SanDisk (SNDK) shares fell sharply by 22.26% to close at $806.43, touching an intraday low of $803.97, with trading volume surging to approximately 30 million shares—more than three times its 20-day average volume. Over the past week,

The KOSPI reclaimed the 5,000-point mark after triggering a circuit breaker as Japanese and South Korean stock markets narrowed their losses, with SK Hynix and Samsung attracting bottom-fishing buying at low levels.

TradingKey - Berkshire Hathaway (BRK.A, BRK.B) will release its third-quarter 2026 financial results on the morning of November 7, Eastern Time. As of the close on November 5, its Class B shares closed at $572.33.

SpaceX's valuation plunged, tumbling 9% in a single day to approach its late-August low, with the market eyeing the key $100 psychological support level.

TradingKey - Anthropic originally planned to launch its initial public offering (IPO) roadshow during the week of November 9 and complete pricing the following week, but this timeline is now facing uncertainty.

TradingKey - As of the Asian session on Friday (November 6), gold prices (XAUUSD) retreated following consecutive rebounds, falling about 0.85% intraday to trade near $4,050. Previously, gold touched $4,147.06 on Thursday, marking a more than two-week high, before paring some of the gains. While the recent softening of the US dollar and declining US Treasury yields have provided support for gold, market focus on the Federal Reserve's December interest rate policy has intensified once again ahead of the upcoming release of the US October non-farm payrolls report.

The crypto market triggered liquidations for 240,000 traders, with Bitcoin plunging over 5%; however, the bullish structure remains intact amid high-level consolidation.

TradingKey - On November 5, Eastern Time, shares of Micron (MU) plunged to close down 17.46% at approximately $656.39, hitting an intraday low of $650 to mark a nearly six-month low. Trading volume climbed to around 75 million shares, more than double its recent average. Since touching $990 on October 28, Micron has seen a cumulative pullback of over 30% and has consecutively broken below several key moving averages, further deepening its short-term correction.

Nvidia's stock price broke down and plunged to a near-seven-month low, with the market eyeing more than 10% of further downside ahead.

TradingKey - In the Asian session on November 6, the three major U.S. stock indices tumbled across the board overnight, with selling intensifying across the AI data center supply chain and largely erasing the previous session's rebound. As market concerns mounted over AI infrastructure financing cos

The KOSPI plunged 8.55%, triggering a Level 1 circuit breaker and crashing below 5,000 points, as SK Hynix tumbled 12% and Samsung plummeted 10%.

On Thursday, November 5, Eastern Time, U.S. stocks tumbled sharply, giving back gains from the previous session's post-election rally. Mounting market concerns over a slowdown in data center construction prompted investors to accelerate their offloading of tech shares, with chipmakers and AI infrastructure-related stocks bearing the brunt of the sell-off. At the close, the Dow Jones Industrial Average dropped 3.44% to 51,523.06; the Nasdaq Composite Index tumbled 5.52% to 24,315.00; and the S&P 500 Index fell 4.36% to 7,353.73, marking its largest single-day decline since April 2025.

On November 5 ET, Bloomberg reported, citing people familiar with the matter, that Apple (AAPL) plans to issue about $7 billion in investment-grade bonds, which has attracted approximately $31 billion in orders, representing 4.4 times the planned issuance size. The robust demand pushed spreads tighter, indicating that Apple remains favored by bond investors amid rising concerns over AI financing.

Alphabet's (GOOGL) Google is advancing a $17 billion investment plan to construct its first data center in Wyoming's Laramie County. The project is being developed in partnership with Tallgrass Energy, Related Digital, and other partners, and has secured supporting power supply agreements, which are expected to drive local employment and energy infrastructure development.

A decisive Democratic victory in the U.S. midterm elections has sparked investor concerns over tighter data center regulations. For SanDisk (SNDK), potential construction pauses could delay the delivery of servers and storage equipment, introducing new timing uncertainties to revenue growth supported by AI demand.

On November 5, Eastern Time, the three major U.S. stock indices tumbled, with semiconductor and AI infrastructure stocks continuing to face pressure. The Philadelphia Semiconductor Index fell over 9%, hitting its lowest level since mid-April this year. AI infrastructure faces the potential threat of a slowdown in data center construction. A decisive Democratic victory in the midterm elections sparked investor concerns over tightening regulation in the data center sector. If potential construction pauses materialize, they could delay the deployment of computing capacity and the delivery of upstream equipment, prompting a reassessment of the timeline for future revenue realization.

TradingKey - On November 5, Eastern Time, Qualcomm (QCOM) fell nearly 12% in pre-market trading. As of press time, the stock was down 11.92% at $152.55.

TradingKey - As artificial intelligence continues to drive surging demand for DRAM and high-bandwidth memory, Micron Technology's (MU) key expansion plan in Taiwan has run into uncertainty. According to Bloomberg, citing people familiar with the matter, Micron has largely suspended the construction of an approximately $4.5 billion memory chip fabrication facility in Taoyuan, Taiwan, due to an unresolved labor dispute with the local labor union. Following the news, Micron shares fell nearly 5% in premarket trading.