TradingKey

• Rising US interest rates and a stronger dollar are pressuring platinum prices. • Declining automotive production is weakening the primary industrial demand for platinum. • Systematic selling and reduced net-long positions reflect a shift toward market surplus.

Japanese stocks faced a "Black Friday" as the Nikkei 225 fell more than 4%. Kioxia’s plunge triggered a limit-down, while SoftBank plummeted 9%.

• Rising Treasury yields and dollar strength are exerting downward pressure on Bitcoin prices. • Institutional net inflows into Spot Bitcoin ETFs have decelerated amid macroeconomic uncertainty. • Recent market volatility includes liquidations of over-leveraged long positions in perpetual futures.

• Rising US Treasury yields prompted institutional investors to reduce Solana portfolio exposure. • Long-side leverage liquidations in derivatives markets accelerated the asset's intraday price decline. • Solana inflows into regulated investment vehicles shifted to neutral, signaling temporary consolidation.

• Rising Treasury yields are prompting institutional capital rotation away from Ethereum. • Declining transaction fees on Layer-2 solutions have temporarily reduced Ethereum’s deflationary burn rate. • Technical indicators like MACD and Williams %R currently suggest potential buy conditions.

TradingKey - As of July 16, Eastern Time, Netflix (NFLX) shares were last reported at $74.35, up 0.91% for the day, hitting an intraday high of $74.68. However, the stock price plunged 9.05% in after-hours trading following the release of the company's second-quarter earnings report.

Kioxia shares tumbled 16% today, extending their decline over the past month to more than 50% and dropping the company's market capitalization ranking to fifth place in the Japanese stock market.

IBM found capital support near $200, but whether it can further strengthen depends on the upcoming conference call.

Intel reports Q2 2026 results on July 23 after guiding for revenue of up to $14.8 billion. INTC is testing double-bottom support near $94 after a sharp semiconductor selloff.

TradingKey - On July 16, Eastern Time, the three major US stock indices closed lower collectively. Although US economic data remained robust and the start of the second-quarter earnings season was generally better than expected, a continued sell-off in semiconductor and AI hardware stocks weighed on

Micron posted record fiscal Q3 revenue of $41.46 billion and guided for $50 billion in Q4 sales, but MU has broken below $897.80 support as investors assess capacity growth and peak memory margins.

Japanese stocks extended their decline at the market open, with the Nikkei 225 falling more than 4%. Kioxia plummeted over 15%, and SoftBank dropped more than 7%.

• Amgen's growth is driven by its metabolic disease pipeline and obesity candidate progress. • Robust oncology and inflammation sales support the company's updated revenue outlook. • Technical indicators show a neutral market signal with a bearish overall sentiment index.

• Cloud revenue growth and subscription transitions drove strong quarterly financial performance. • Generative AI integration increased contract values and improved customer retention rates. • Management raised full-year operating profit guidance following successful cost restructuring programs.

• Costco shares rose due to resilient consumer spending and favorable macroeconomic conditions. • Investors expect membership fee adjustments to boost non-operating income and profit margins. • Analyst bullishness and strong retail sales data support the company’s current positive momentum.

• Lower Treasury yields increased investor demand for Public Storage's dividend yield. • Strong operational efficiency and balance sheet strength support positive investor sentiment. • Public Storage generated $4.82 billion in annual revenue, ranking 14th in its industry.

• Quarterly earnings exceeded expectations driven by strong global sales and digital revenue growth. • Automated systems and AI integration improved operational throughput and labor efficiency. • Analysts maintain buy ratings with an average price target of $326.60.

• Arista Networks faces selling pressure due to concerns over hyperscaler AI infrastructure spending. • Higher interest rates are triggering a valuation reassessment for growth-oriented technology stocks. • The company maintains strong fundamentals despite market volatility and increasing industry competition.

• Alphabet faces antitrust scrutiny regarding search dominance and potential structural divestitures. • Rising computational costs and AI-driven competition pressure profit margins and advertising revenue. • Macroeconomic uncertainty and institutional rebalancing contribute to heightened stock price volatility.

• IBM exceeded second-quarter earnings expectations across software and consulting segments. • Enterprise adoption of Watsonx and hybrid cloud strategies drive current growth. • Analysts issued multiple buy ratings with an average price target of $283.86.