TradingKey

TradingKey - SpaceXAI launched Grok 4.5 on July 8 with large Nvidia chip orders. Blue Origin raised $10B at $130B valuation. ARK bought 182K shares. JPMorgan called a Tesla-SpaceX merger ‘strategically coherent.’ SPCX at $152.

TradingKey - On July 10, Eastern Time, SK Hynix (SKHY) will officially list on the Nasdaq, priced at $149 per ADR. Raising approximately $26.5 billion, the offering surpasses Alibaba’s 2014 record of $25 billion to become the largest US IPO by a foreign company.

TradingKey - South Korean memory chip giant SK Hynix's American Depositary Receipts (ADRs) will officially debut on the Nasdaq today, raising $26.5 billion at an offering price of $149 per share. This sets a new record for the largest US IPO by a foreign company, surpassing Alibaba's $25 billion fundraising in 2014. Described as a "litmus test for Wall Street's AI investment enthusiasm," this listing is not only a major capital market event but also a concentrated evaluation of the value within the AI memory sector.

TradingKey - On July 10, Eastern Time, the three major U.S. stock index futures showed mixed performance in pre-market trading. As of press time, Nasdaq 100 Index futures fell 0.34%, S&P 500 Index futures declined 0.05%, and Dow Jones Index futures rose 0.12%.

TradingKey - IREN fell 40% from its high after Meta signaled it would resell excess compute capacity and Bernstein said it is ‘behind’ in enterprise. At $42 in a short setup, the 13-analyst target is $76. Here’s the tension.

• Weak Chinese manufacturing data and cooling industrial demand are pressuring aluminum prices downward. • Significant inventory inflows into LME warehouses indicate a shift toward surplus market conditions. • A stronger US dollar and lower energy production costs further suppress aluminum market valuations.

TradingKey - The takeover battle for easyJet has taken a dramatic turn in just one week. U.S. private equity giant Apollo Global Management (APO) has emerged with a £5.7 billion bid, surpassing Castlelake, which had previously reached an agreement in principle. This move has intensified the bidding war for Europe’s second-largest low-cost carrier.

TradingKey - As of July 10 Eastern Time, Costco (COST) was last priced at $912.97, after falling 4.21% on July 9 and rising slightly by 0.22% in pre-market trading. The stock price declined as newly released June sales data indicated a slowdown in growth.

• Improved rainfall in West Africa is boosting cocoa production outlooks for 2026/27. • High input costs are causing global cocoa grind contractions and reduced consumer demand. • Institutional sell-offs and technical de-risking are driving current downward pressure on cocoa futures.

• Reduced frost risk in Brazil is lowering coffee futures through diminished risk premiums. • A weaker Brazilian Real is incentivizing producers to increase hedging and export activity. • Rising exchange-certified stocks and an accelerated harvest are easing physical supply concerns.

TradingKey - As SK Hynix officially listed on Nasdaq on July 10, the South Korean semiconductor giant's debut on the U.S. stock market is triggering a chain reaction. According to market sources, six new leveraged and inverse ETF products tracking the performance of SK Hynix ADRs are in the final stages of preparation and are expected to be listed collectively next week, providing global investors with more diverse trading tools.

TradingKey - Meta (META) has recently been active in the AI space. From releasing its first paid programming model to starting mass production of its self-developed AI chips, this series of moves has shifted investor sentiment toward the company's AI strategy to positive.

TradingKey - According to market sources, Samsung Electronics is developing a dedicated chip for AI PCs named GAIA and has provided samples to Lenovo Group and HP (HPQ) for testing. If subsequent verification is successful and mass production begins, it will signify Samsung’s further expansion into the Windows AI PC core processor market, moving beyond its mobile Exynos processors and memory chips.

Japanese and South Korean stock markets continued to edge higher, with the Nikkei 225 outperforming the KOSPI. SoftBank surged more than 10%, while SK Hynix and Samsung Electronics tracked the gains. Kioxia reversed its earlier advance to trade lower.

TradingKey - According to market sources, Samsung Electronics Chairman Jay Y. Lee aims to meet with Nvidia (NVDA) CEO Jensen Huang by the end of July. The two sides may hold discussions regarding the AI chip supply chain, High Bandwidth Memory (HBM), advanced packaging, and AI factory collaborations. If the meeting takes place, it will be viewed by the market as a significant signal of Samsung Electronics' efforts to further secure orders within Nvidia's core supply chain.

• South African mining disruptions and electricity shortages are tightening global palladium supply. • Resilient hybrid vehicle demand is supporting palladium consumption, challenging previous surplus projections. • A weakening US dollar and professional short-covering are driving upward price momentum.

• BNB price growth reflects robust on-chain activity and a deflationary programmatic auto-burn mechanism. • Improved global liquidity and regulatory clarity have increased institutional demand for BNB. • Technical indicators show neutral market signals with steady spot accumulation by long-term holders.

• Cooling labor market data has weakened the US Dollar and compressed Treasury yields. • Institutional capital flows into spot Bitcoin ETFs drive long-term strategic accumulation. • Futures market data shows healthy funding rates and genuine demand, reducing liquidation risk.

• Narrowing US-Japan interest rate differentials drive downward pressure on the USDJPY exchange rate. • Bank of Japan policy tightening expectations strengthen the yen against the US dollar. • Global risk-off sentiment increases demand for the yen as a safe-haven currency.

• Solana gains reflect improved risk appetite and stabilizing global liquidity conditions. • Expectations for a spot Solana ETF are driving increased institutional capital inflows. • On-chain metrics, including record exchange volume, support a positive fundamental outlook.