Jay Qian

TradingKey - The macroeconomic landscape during the week of July 27, 2026, was defined by the Federal Reserve's policy meeting concluding on July 29 Eastern Time.

TradingKey - On July 31, Eastern Time, AMD (AMD) closed at $476.15, representing a market capitalization of approximately $776.41 billion, down 1.90% for the day. After a previous round of sharp volatility, the share price has seen a cumulative retracement of nearly 18.5% from its all-time high of $584.

TradingKey - According to media reports, Nvidia (NVDA) is advancing a new round of AI infrastructure deals that could total more than $750 billion, including an agreement exceeding $500 billion with South Korea's SK Group and negotiations with OpenAI for up to $250 billion in lease guarantees. Howev

TradingKey - During the Asia-Pacific session on July 31, South Korea’s KOSPI index closed up 17.91% at 6,595.45 points, marking its largest single-day gain in history. SK Hynix closed up 29.95% at 1.718 million won (approximately $1,240), hitting its daily limit; Samsung Electronics rose 26.81% to close at 262,500 won.

TradingKey - On July 30 ET, according to a report by The Information, TSMC (TSM) is developing an advanced packaging technology to rival Intel's (INTC) EMIB, internally referred to as "EMIB-like." Following the news, TSMC's US ADR surged 7.64% on Thursday to close at $403.31.

TradingKey - On July 30, Eastern Time, Tesla (TSLA) CEO Elon Musk posted on the social media platform X, denying rumors that Tesla is selling its China business. Tesla China officials also explicitly responded to multiple media outlets, stating that the reports regarding a sale of its China operations are "false information."

TradingKey - During the Asian trading session on July 31, the Nikkei 225 Index opened higher and trended upward, with intraday gains continuing to expand. The index briefly surpassed the 65,000 mark, with intraday gains exceeding 3,000 points. As of press time, the Nikkei 225 Index was trading at 64,572.03, up 4.37%.

TradingKey - During the Asian trading session on July 31, the South Korean stock market staged an epic rally. The Korea Composite Stock Price Index (KOSPI) surged more than 17% intraday, prompting the Korea Exchange to activate a "Sidecar" mechanism for the index, which suspended program trading for five minutes.

TradingKey - The slowdown in U.S. core PCE inflation dampened expectations for near-term interest rate hikes. Combined with Microsoft’s better-than-expected earnings report, which boosted confidence in the AI market, and the easing of selling pressure caused by the earlier liquidation of AI funds, t

TradingKey - Kioxia is set to release its Q1 FY2027 earnings report on July 31. However, the backdrop for this report has shifted significantly compared to a month ago. On June 22, Kioxia's share price reached 112,700 JPY (approximately $689), topping Japan's market capitalization rankings. As of the close on July 30, the price stood at 39,500 JPY per share, representing a decline of nearly 66% from its peak. Rather than the profit figures of the past three months, the market is more focused on whether this profit growth momentum can be sustained.

TradingKey - During the Asia-Pacific session on July 30, Kioxia's share price surged over 16% in early trading before gradually retracing. By the close, the gain had narrowed to 2.92%, with the stock finishing at 39,500 yen (approximately $241).

TradingKey - During the Asia-Pacific session on July 30, Samsung Electronics disclosed its Q2 2026 financial results and held an earnings call. Operating profit for the quarter reached 89.49 trillion KRW (approximately $62 billion), representing a year-on-year increase of 1,813.8% and marking a record high for the third consecutive quarter. Samsung now ranks first among global semiconductor manufacturers in terms of quarterly earnings.

TradingKey - Pressured by a triple whammy of negative factors—escalating geopolitical tensions, the Fed’s tightening policy, and a cooling AI narrative—the three major U.S. stock indices all plunged on Wednesday.

TradingKey - During the Asian session on July 29, following two consecutive days of circuit breakers in the South Korean stock market, Finance Minister Koo Yun-cheol apologized for single-stock leveraged ETFs during a parliamentary inquiry, admitting that the products were introduced to the market without prudent consideration.

TradingKey - Microsoft (MSFT) will release its fiscal fourth-quarter earnings after the bell on Wednesday, July 29, Eastern Time. Just a day before the report, Gene Munster of Deepwater Asset Management posted on X that Microsoft's earnings figures are "irrelevant," asserting that the real issue is that the "battle with the bots has just begun."

TradingKey - During the Asian trading session on July 29, the Nikkei 225 Index continued to weaken following the open, as the semiconductor sector extended the previous day's panic selling momentum. As of writing, Kioxia Holdings fell nearly 8%, SoftBank Group dropped over 6%, and Tokyo Electron declined nearly 5%.

TradingKey - During the Asian trading session on July 29, SK Hynix (SKHY) reported record second-quarter earnings, yet its failure to meet market expectations triggered stock price volatility. However, in response to widespread market skepticism regarding the sustainability of AI infrastructure investment, the memory giant provided a firm rebuttal during its earnings call.

TradingKey - On Tuesday, the rotation in the U.S. stock market continued, with the Dow Jones Industrial Average rising more than 500 points. The rally was driven by better-than-expected corporate earnings, a decline in oil prices, and a shift of capital from the semiconductor sector to other sectors

TradingKey - July 28, SoftBank Group has recently seen new developments in both capital markets and M&A. A $40 billion bridge loan raised for investing in OpenAI attracted an additional 21 financial institutions during its syndication phase; meanwhile, negotiations to acquire Blackstone’s Japanese payment company SP.LINKS have entered the final stage.

TradingKey - The Federal Reserve is scheduled to announce its July interest rate decision on July 29, ET. While the federal funds rate target range is currently maintained at 3.5%-3.75%, the level of uncertainty surrounding this meeting is at a high rarely seen since September 2024. Interest rate swap market data indicates a roughly 40% probability of a 25-basis-point rate hike, and the CME FedWatch Tool shows a probability of approximately 36%, up significantly from only about 10% two weeks ago.