TradingKey

Tradingkey - During the Asian morning session on May 15, the KOSPI opened lower but trended upward, briefly surpassing 8,000 points to hit a record high, reaching an intraday peak of 8,046.78 points. As of press time, the KOSPI had reversed to a 0.4% decline, trading at 7,949.71. Market analysis suggests three major tailwinds are supporting the upward trajectory of the South Korean stock market: tech giants continue to scale up capital expenditure, significant room remains for the expansion of AI application penetration, and geopolitical factors alongside data sovereignty are driving increased investment from non-US countries. Given the high weighting of AI-related industries among South Korean listed companies, these factors are expected to provide continued support for the market. Furthermore, corporate governance is poised to become a second structural support pillar by 2026, alongside earnings improvement. If companies continue to deliver on share buybacks and cancellations, dividend increases, asset efficiency optimization, and enhanced transparency in information disclosure, the market pricing of the "Korea Discount" is expected to narrow further, driving a valuation recovery for low P/B blue chips from a tactical phase into a sustained trend.

TradingKey - The South Korea Composite Index opened lower but trended higher. After opening down 0.37% at 7,951.75 points, it rallied sharply to surpass the 8,000-point mark for the first time in history. The Nikkei 225 Index opened up 0.36% at 62,878.71 points and subsequently accelerated its upward momentum, reclaiming the 63,000-point threshold.

US markets hit records on AI growth and Nvidia’s China expansion. Key drivers include Cisco’s gains, Cerebras’ IPO, US-China diplomacy, South Korean retail FOMO, and Middle East tensions.

Cisco is successfully transitioning into an AI-driven software leader. With robust subscription revenue, strategic AI acquisitions, and dominant networking infrastructure, the company offers a unique blend of value and growth. Analysts predict bullish momentum, with the stock potentially reaching $1

TradingKey - Quantinuum, the quantum computing subsidiary of Honeywell (HON), has officially filed for an initial public offering (IPO) with the U.S. SEC, with plans to list on the Nasdaq under the ticker symbol "QNT." Targeting a valuation of approximately $20 billion, it could become the largest IPO in the history of the quantum computing sector. Notably, three quantum computing firms have already listed on U.S. exchanges this year: Infleqtion (INFQ), Xanadu (XNDU), and Horizon Quantum (HQ). Prior to this year, there were only four publicly traded pure-play quantum computing companies globally: D-Wave (QBTS), Rigetti Computing (RGTI), IonQ (IONQ), and Quantum Computing Inc. (QUBT). Does this signal...

TradingKey - Alibaba (NYSE: BABA) surged between 7% and 8% on May 13 following its fiscal Q4 2026 earnings report, which showed a miss on reported revenue and EPS yet delivered the data points that truly matter for the long-term investment story.

TradingKey - On May 14, Eastern Time, the three major U.S. stock index futures fluctuated in pre-market trading. Dow Jones Industrial Average futures continued to climb, rising 0.64%, while Nasdaq 100 futures rose 0.19% and S&P 500 futures gained 0.24%. Most stocks related to the Philadelphia Semiconductor Index were under pressure.

TradingKey — On May 11, Eastern Time, Micron Technology (MU) topped the U.S. stock market with a trading turnover of $55.603 billion, surpassing Nvidia. Over the next two trading sessions, its share price broke above $800, with its market capitalization exceeding $900 billion.

TradingKey - Cisco beat Q3 FY2026 with $15.8B revenue (+12% YoY), $1.06 EPS, $2.1B AI orders, and raised full-year AI revenue to $9B. CSCO at $102, Fib breakout targets $103–$107. 4,000 job cuts.

TradingKey - On May 13, Eastern Time, Amazon (AMZN) launched Alexa for Shopping, signaling that AI has advanced from search assistance to direct order placement. This move could potentially reshape the traffic distribution, conversion efficiency, and repurchase logic of Amazon's e-commerce business.

TradingKey - Google I/O 2026 will kick off on Tuesday, May 19 ET, with Gemini set to be the centerpiece of the event. According to CNBC, it is expected that Google (GOOG) (GOOGL) will release a new version of the Gemini model, other AI products, and potentially launch AI smart glasses. Google needs

TradingKey - Just two weeks after Samsung Electronics became the first to cross the $1 trillion market capitalization threshold earlier this month, SK Hynix, South Korea’s other memory chip giant, is nearing the same milestone. If this expectation is realized, South Korea will become the first country outside the United States to host two trillion-dollar companies, further underscoring its central position in the global AI supply chain.

Nebius Group (NBIS) is emerging as a high-performance AI cloud leader. Driven by tier-1 partnerships and a shift to "AI utility" software, it faces high valuation risks but offers massive 2030 upside. Analysts view it as a high-conviction, aggressive growth play for the AI infrastructure era.

Tradingkey - On April 13, the International Energy Agency (IEA) warned in its monthly report that global crude oil inventories are shrinking at a record pace due to supply disruptions triggered by the Iran war, which could drive oil prices even higher. The report highlighted that, faced with unprecedented disruptions to Middle Eastern crude supplies, importing nations are depleting their oil stocks at record speeds. In April, the average daily reduction in global crude oil and refined product inventories neared 4 million barrels. This scale of depletion exceeds the combined consumption of the United Kingdom and Germany, significantly undermining the buffer capacity of nations to manage supply shocks.

Metaplanet’s share issuance plan faced setbacks, dragging down its stock price and dampening Bitcoin buying interest in Asia.

TradingKey - On May 13, Eastern Time, Cisco (CSCO) released its third quarter fiscal year 2026 financial results. The report showed that revenue reached $15.841 billion, a 12% increase year-over-year. More importantly, Cisco expects fourth-quarter fiscal 2026 revenue to be between $16.7 billion and

TradingKey - During the U.S. stock overnight trading session on May 14 (Eastern Time), Nvidia (NVDA.US) shares surged, with gains briefly exceeding 3% and reaching a session high of $232.35.

TradingKey - On May 13 (ET), U.S. President Trump arrived in China for a visit. A business delegation led by Trump, comprising executives from several leading U.S. corporations, has become the focus of Wall Street's attention.

In 2026, the top 10 gainers in the Nasdaq 100 rose by an average of 784%, exceeding the peak of the Dot-com bubble by 26%. However, the primary drivers are not Nvidia or Microsoft, but rather the AI "peripheral supply chain." This report provides an in-depth analysis of four major risks for the second half of the year: SpaceX’s $1.75 trillion IPO, a resurgence of inflation, the change in Fed leadership, and the midterm elections, as well as investment opportunities in software stocks unfairly penalized by the "SaaSpocalypse."

Tradingkey - On May 12, CME Group and GPU market data provider Silicon Data jointly announced plans to launch the world's first standardized computing power futures product in the second half of 2026, pending final regulatory approval. This marks the official entry of computing power assets into the era of standardized derivatives trading.