TradingKey

TradingKey - On May 12, driven by the AI wave, the rally in Asia-Pacific technology stocks continued as Japanese and South Korean markets extended their gains with a broad-based higher open. The Seoul Composite Index briefly touched 7,999 points, just shy of the 8,000-point milestone.

The S&P 500 and Nasdaq hit record highs driven by AI optimism and Trump’s upcoming state visit to China. Despite oil price spikes and Middle East tensions, strong gains in semiconductor, space, and quantum computing sectors fueled market momentum, while SoftBank and Circle reported pivotal fiscal gr

• Barrick Mining exceeded Q1 2026 earnings and revenue expectations. • Board authorized a substantial share repurchase program and declared a dividend. • Analysts maintain a consensus "Buy" rating with an average price target of $56.77.

• Booking Holdings revised 2026 guidance lower due to Middle East conflict. • Geopolitical risk and economic pressures impact future growth forecast. • Q1 2026 results were strong, but outlook overshadowed past performance.

• Quanta Services beat Q1 2026 earnings estimates with double-digit growth. • Company raised full-year 2026 guidance and reported a record backlog. • Analysts maintain "Overweight" rating with increased price target.

• IBM shares fell despite strong Q1 earnings, missing guidance revision expectations. • Concerns over AI competition and significant debt levels impact investor confidence. • Mixed analyst sentiment and recent negative stock performance persist.

• Caterpillar stock rose amid strong earnings and analyst upgrades. • Industry tailwinds and dealer restocking support Caterpillar's growth. • Insider selling and valuation concerns created intraday stock volatility.

• Global oil prices surged due to U.S.-Iran hostilities. • Analyst upgrades and strong Q1 2026 earnings boosted XOM. • Upcoming dividend payment attracted income-seeking investors.

• Eaton's share price rose with intraday volatility. • Record Q1 earnings exceeded expectations, raising full-year guidance. • AI data centers and electrification drive demand and backlog growth.

• FDA issued Class I recall for staplers due to serious injury risk. • Major institutional investors significantly reduced ISRG holdings. • Stock price decline driven by recall, selling pressure, and valuation.

• Arista Networks reported Q1 2026 results exceeding estimates. • Supply chain constraints are expected to impact margins throughout 2026. • Raised revenue guidance fell short of market expectations.

• GEV Q1 2026 earnings beat expectations with $17.44 EPS and $9.34 billion revenue. • Orders grew 71% organically, backlog increased by $13 billion, guidance raised. • AI and data centers drive demand for GE Vernova's electrification solutions.

• Q1 2026 results exceeded expectations, raising full-year revenue guidance. • $4.5 billion expansion will increase GLP-1 and genetic medicine manufacturing. • FDA approval of Foundayo and Donanemab diversifies growth drivers.

• Analyst downgrade cited gross margin pressure and competition. • Apple exploring Intel for chip orders caused selling pressure. • Technical indicators suggest buy, neutral, and oversold conditions.

TradingKey - The May 14 report comes when AMAT has risen by 179.83% over the past year and the whole semiconductor equipment cycle rests on AI demand for cutting-edge chips.

TradingKey - The first quarter of 2026 brought a rare highlight moment for energy stocks. The Energy Select Sector SPDR (XLE) gained 37.02% in Q1, outperforming the broader market by a mile, while the SPDR S&P 500 ETF (SPY) fell 4.63%. The question then is simple but not obvious, as we are halfway t

• Micron Technology's stock surged due to AI demand and memory shortages. • The company pre-sold its entire HBM production capacity through 2026. • Analysts maintain a positive "Buy" rating on Micron's stock.

• Intel stock rallies on strong Q1 2026 results and AI chip demand. • Preliminary Apple chip manufacturing deal boosts Intel's foundry outlook. • Strategic partnerships and a robust semiconductor market aid Intel's growth.

TradingKey - Stablecoin giant Circle (CRCL.US) released its first-quarter earnings report pre-market on May 11. The stock price reversed from gains to losses during intraday trading as volatility expanded rapidly, swinging from a gain of over 8% to a decline of more than 6%. Impacted by revenue missing Wall Street expectations, the stock price immediately came under downward pressure.

TradingKey - Despite the ongoing US-Iran war and the continued closure of the Strait of Hormuz, copper prices maintain a solid floor. This Monday, LME (London Metal Exchange) three-month copper reached $13,637 per tonne at one point, marking its highest level since January 29. On the same day, LME three-month copper recorded a peak closing price of $13,952/tonne, with intraday prices briefly rising above $14,500/tonne.