Jane Zhang

TradingKey - While Dell Technologies (DELL) has gained close to 100% over the past half year, Super Micro Computer (SMCI) has seen a significant downturn even though both companies are benefiting from the same expanding demand for AI-based servers. The difference in their price increases begs a basi

TradingKey - On Tuesday (May 19) Eastern Time, OpenAI announced the official launch of a new product called "Guaranteed Capacity." This offering allows customers to secure long-term access to computing resources to support their AI products, agents, and workflows. Enterprise customers can enter into 1, 2, or 3-year capacity usage agreements, with deeper discounts available for longer terms.

TradingKey - The three major U.S. stock indices edged higher in Wednesday pre-market trading ET as the market awaited Nvidia’s (NVDA) earnings report due after the close. All three major indices closed lower in the previous session, while long-term government bond yields remained elevated globally.

TradingKey - NVIDIA (NVDA) will release its earnings report after the U.S. market close on Wednesday, May 20, a report that will serve as the most critical stress test for the AI trade. However, the market is not betting entirely on the stock trending higher. Recent signals from the options market indicate that while investors are placing bullish bets, they are also purchasing a significant volume of protective positions, suggesting the market is bracing for heightened volatility. Options analytics firm SpotGamma noted in a recent report that the implied move for NVIDIA's earnings has reached 6%.

TradingKey - In early Asian trading on Monday, spot gold prices fell below $4,500 for the first time since late March, hitting a low of $4,480.01. Currently, Wall Street investment banks are divided on gold's outlook. JPMorgan Chase maintains its year-end price forecast of $6,000 but has lowered its average annual price estimate from $5,708 to $5,243. Goldman Sachs remains bullish, reiterating its year-end target of $5,400. Can the gold bull market return in 2026?

TradingKey - Data released by the Japanese government on Tuesday showed that nominal GDP for fiscal year 2025 grew by 4.2% year-on-year, marking the fifth consecutive year of positive growth as total nominal GDP continued to hit record highs. In the first quarter of 2026, the annualized GDP growth rate reached 2.1%, exceeding the 1.7% median forecast by analysts surveyed by Reuters and marking a significant acceleration from the 1.3% growth seen in the previous quarter. Takayuki Toji, senior economist at Japan Post Insurance, stated that the government may become more receptive to further interest rate hikes, potentially leaving room for the Bank of Japan to raise rates as early as June or July, prior to the next GDP data release.

TradingKey - Elon Musk's SpaceX plans to officially list on June 12, which would mark the largest IPO in global market history. Reuters reports that the company intends to release its prospectus as early as Wednesday. Prior to the listing, the third-generation Starship (Starship V3)—the largest and most powerful launch vehicle to date—is scheduled for its maiden test flight this Tuesday (May 19) ET. This test may be critical for the upcoming IPO.

TradingKey - Impacted by the US-Iraq War, oil prices continued to climb, with Brent crude breaking above $111 per barrel and WTI crude rising to approximately $108. The surge in oil prices exacerbated the sell-off in the bond market, sending US Treasury yields higher across the board, with the 30-year yield reaching its highest level in nearly three years. Volatility was even more pronounced in the Japanese bond market, where the 10-year JGB yield touched its highest level since 1996, and the 30-year JGB yield hit a record high since the tenor was first issued in 1999.

TradingKey - According to South Korean media reports, Samsung has "decisively won" against the labor union, even though the planned strike has not yet commenced. On May 18, management and labor at Samsung Electronics initiated a second round of post-dispute mediation. Although the court approved part of the injunction application filed by Samsung, it ordered the union in South Korea to ensure that the strike does not impact the company’s production volume. Samsung’s stock price fell nearly 3.1% during Monday’s intraday session but reversed course to close nearly 4% higher. Does this mean Samsung has emerged victorious from the labor-management conflict, or has the dispute merely exposed deeper internal contradictions within the company?

TradingKey - During Monday's (May 18) Asian trading session, the 10-year Japanese Government Bond (JGB) yield climbed to 2.8%, hitting a new high of approximately 29.5 years since October 1996. Last Friday (May 15), the 30-year JGB yield broke above 4% for the first time in history. The yield continued to reach new highs on Monday, peaking at 4.205%.

TradingKey - AI will be changing how power works in the U.S. Data centers consume electricity at a much higher level than they have before, and AI-related data centers are consuming power at a faster rate than other data centers. As an investor, this has been noticed by the market with stock appreci

TradingKey - Memory stocks have surged across the board year-to-date: SanDisk has jumped 411% this year, and Micron has risen 129%. However, forward P/E ratios for these stocks are trending lower.

TradingKey — According to a report by WIRED, OpenAI recently announced a corporate restructuring to consolidate its product lines. Its three core product offerings—ChatGPT, Codex, and the API—are being dismantled and merged into a unified product organization to "embrace" the Agentic Future; co-foun

TradingKey - Last Friday (May 15), The Wall Street Journal reported, citing people familiar with the matter, that Elon Musk’s SpaceX plans to officially list on the Nasdaq on June 12 under the ticker symbol “SPCX,” with an expected fundraising target of $80 billion or more. If successful, this would

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 - 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 - The International Energy Agency (IEA) recently warned that global oil inventories are being depleted at a record pace. Should current conditions persist, oil prices could see a further sharp increase this summer. Morgan Stanley strategist Martijn Rats noted in a report on Monday that, in a worst-case scenario, Brent crude prices could surge to $130–$150 per barrel.

TradingKey - On Wednesday (May 13), the U.S. Bureau of Labor Statistics released PPI data. The April PPI year-on-year growth hit its highest level since December 2022, while the month-on-month growth reached a new high since March 2022.

TradingKey - The Wall Street Journal reported this Tuesday that Alphabet (GOOG) (GOOGL) is in talks with SpaceX to assist Google in deploying orbital data centers.

TradingKey - On Tuesday (May 12, ET), the Philadelphia Semiconductor Index tumbled as much as 6.8% intraday as chip stocks broadly retreated. Intel, which had "dominated" U.S. stock market gains in the recent period, (INTC) , at one point fell over 11% intraday before ultimately closing down nearly