Jay Qian

TradingKey - Global electric vehicle manufacturer Tesla (TSLA) is experiencing its toughest week since 2026. Impacted by a sharp decline in second-quarter fiscal 2026 operating margins and free cash flow turning negative, the stock has fallen more than 16% this week, marking its largest weekly drop since December 2025.

TradingKey - The market was hit by a double whammy of soaring oil prices and doubts about the return on AI investments sparked by increased capital expenditures at Google(GOOGL) and Tesla(TSLA). The three major U.S. stock indices plummeted. At the close, the Dow Jones Industrial Average fell 0.97% t

TradingKey - On July 23 ET, the Korea Securities Depository (KSD) confirmed that the initial quota for converting SK Hynix local shares into ADRs has been fully exhausted, with the conversion cap set at 2.5% of the company's total outstanding shares. KSD previously stated that two-way conversion applications would be accepted starting July 29, but the depositary bank Citi (C) has yet to announce a specific conversion timetable. Actual conversions involve procedures such as foreign exchange reporting and cannot be completed instantly on the day of application.

TradingKey - On July 22, Eastern Time, Deepwater Management analyst Gene Munster stated that the likelihood of a merger between SpaceX (SPCX) and Tesla (TSLA) is increasing. After the topic of a merger was formally discussed during Tesla's second-quarter earnings call, Munster raised the probability of the two companies merging within the next few years from a previous 80% to 90%.

TradingKey - The South Korean Presidential Office stated on Wednesday, July 22, that South Korean President Lee Jae-myung will visit San Francisco, Brazil, Chile, Argentina, and Germany from July 24 to August 3. From July 24 to 25, Lee will attend an AI summit in San Francisco, followed by state visits to three South American countries.

TradingKey - As tensions between the U.S. and Iran continue to escalate, oil prices surged to a six-week high, weighing on tech stocks. At the close of trading on July 22, Eastern Time, the Dow Jones Industrial Average fell 0.01% to 52,219.35; the Nasdaq Composite Index fell 0.57% to 25,690.90; the

TradingKey - On July 22, Eastern Time, The Wall Street Journal reported that AMD and AI company Anthropic have signed a multi-billion dollar AI server partnership agreement. According to the terms of the agreement, Anthropic will procure up to 2 gigawatts (GW) of AMD’s next-generation AI chip, the Instinct MI450, for its data centers starting in the first half of 2027, and may lease a portion of the computing power through other major cloud service providers or new cloud vendors.

TradingKey - On July 22, Eastern Time, the three major US stock index futures collectively declined during pre-market trading. As of press time, Nasdaq 100 Index futures fell 0.76%, S&P 500 Index futures dropped 0.29%, and Dow Jones Index futures were down 0.13%.

TradingKey - On July 22, Eastern Time, Super Micro Computer (SMCI) shares rose over 17% in pre-market trading. The company’s preliminary fourth-quarter fiscal results showed that gross margin rebounded significantly from the previous quarter, with new orders exceeding $60 billion. This financial report indicates that demand for AI servers continues to trend upward.

TradingKey - On July 21 (ET), according to the Financial Times, Samsung Electronics is in talks with French AI company Mistral AI regarding a new round of financing, with plans to invest approximately €1 billion (equivalent to about $1.09 billion). This funding round could push Mistral AI's valuation to €20 billion (approximately $21.8 billion).

TradingKey - On July 21 (ET), Tesla shares rose nearly 4% intraday before the gain narrowed to approximately 2.53% at the close, ending at $378.93. On the news front, Tesla revealed more technical details about its autonomous taxi, Cybercab: this purpose-built steer-by-wire vehicle has no steering wheel or pedals and will integrate SpaceX Starlink for navigation, customer service, and fleet management.

TradingKey - On July 21, ET, TSMC (TSM) pre-market shares rose nearly 4%. Market reports suggest the world's largest chip foundry has reached a final agreement with customers for a 5%-10% hike in wafer prices for 2027, with the increase covering both advanced and mature processes. As of press time, TSMC was trading at approximately $417.35 pre-market.

TradingKey - On July 21 Eastern Time, the three major U.S. stock index futures rose collectively in pre-market trading. As of press time, Nasdaq 100 Index futures were up 1.33%, S&P 500 Index futures rose 0.45%, and Dow Jones Index futures gained 0.31%.

TradingKey - On Monday, July 20, Eastern Time, Nvidia (NVDA) filed a Schedule 13G with the U.S. Securities and Exchange Commission, disclosing that it holds approximately 9.3% of the Class A ordinary shares of AI cloud service provider Nebius Group (NBIS), totaling 22,256,412 shares. Following the announcement, Nebius's pre-market share price rose by more than 7% on Tuesday. As of press time, Nebius was trading at approximately $194.45, up 6.48%.

TradingKey - On July 21, Eastern Time, the U.S. District Court for the Northern District of California officially approved a $1.5 billion final class action settlement agreement reached between AI giant Anthropic and a group of authors, officially ending the dispute over its use of pirated books to train the Claude large language model. The conclusion of this deal has set a new record for the highest copyright case settlement amount in U.S. history.

TradingKey - On July 19, Eastern Time, Alibaba announced on the social media platform X the launch of its flagship large model Qwen3.8 Max (preview version). With a parameter scale of 2.4 trillion, the company stated that its comprehensive capabilities rank "second only to Anthropic's Claude Fable 5" globally.

TradingKey - On July 20 ET, during the U.S. pre-market session, futures for the three major stock indices rose collectively. As of press time, Nasdaq 100 index futures gained 1.00%, S&P 500 index futures rose 0.49%, and Dow Jones index futures were up 0.34%.

TradingKey - According to a report by South Korean media outlet ZDNET Korea on July 20 (ET), the world’s three major memory chip giants—Samsung Electronics, SK Hynix (SKHY), and Micron (MU)—have all recently halted their in-house development projects for CXL (Compute Express Link) controllers. All three companies have pivoted toward sourcing solutions from external fabless chip design firms.

TradingKey - On July 20, Eastern Time, Samsung Electronics is experiencing a rare business divergence, with chip business profits soaring while the consumer electronics division has fallen into losses.

TradingKey - On July 18, Eastern Time, Elon Musk, CEO of SpaceX (SPCX) and Tesla (TSLA), revealed on the social media platform X that the training of Grok 4.6, the next-generation large model developed by his AI company xAI, has entered its final stages, with initial training expected to be completed next week.