Total 586 articles
IREN Slumps Over 7% Pre-Market as Asset Impairment Drags Quarterly Loss to $684 Million; AI Cloud Revenue Surpasses Mining for First Time
TradingKey - On August 28, Eastern Time, AI cloud infrastructure provider IREN (IREN) fell more than 7% in pre-market trading at one point. As of press time, IREN shares were down 5.97% at $38.11. The company posted fourth-fiscal-quarter results after the close in the previous trading session that missed expectations, triggering a market sell-off.
Fri, Aug 28

Trump-Linked Company Boosts Bosnia Investment to $2.3 Billion, Gas Pipeline Project Bypassing Tender Sparks Controversy
TradingKey - On August 28, Eastern Time, Bloomberg reported that US company AAFS Infrastructure and Energy plans to further expand its investments in Bosnia and Herzegovina.
Fri, Aug 28

Musk Predicts SpaceX 2033 Revenue of $3.5 Trillion, Seven Years Ahead of Wall Street Expectations
TradingKey - On August 27, Eastern Time, Elon Musk stated on X in response to a Morgan Stanley (MS) research report that SpaceX's (SPCX) annual revenue is expected to reach $3.5 trillion around 2033, representing his most optimistic projection. This timeline is seven years ahead of Morgan Stanley's forecast of 2040.
Fri, Aug 28

OpenAI Discloses Full Investigation Results on Hugging Face Incident: About 700 AI Agents Coordinated "Escape"
TradingKey - On August 26 ET, OpenAI released an official investigation report and related technical documentation, fully detailing the entire process of an AI model breaching its testing environment and infiltrating the open-source platform Hugging Face in July this year.
Thu, Aug 27

Okta Surges 20% Pre-Market as Q2 Results Beat Estimates, Raises Full-Year Guidance for Second Time This Year
TradingKey - On August 27 (ET), cybersecurity company Okta (OKTA) rose about 20% to $161.70 in pre-market trading. The company released its second-quarter fiscal 2027 financial report after the market close on August 26, with several core metrics beating market expectations, and raised its full-year revenue guidance for the second time this year.
Thu, Aug 27

Kioxia Teams Up With SanDisk for Over $31 Billion Japan Expansion: Can They Catch Up With Samsung and SK Hynix?
TradingKey - On August 27 Asia-Pacific time, Kioxia Holdings and SanDisk (SNDK) jointly announced plans to invest over 5 trillion yen (equivalent to $31 billion) in Japan over a six-year period to expand memory chip production capacity. The funds will be allocated toward infrastructure construction and related technology upgrades at the Yokkaichi and Kitakami plants to meet rising memory demand driven by growth in AI and data-centric businesses.
Thu, Aug 27

From OpenAI to Hugging Face, Which AI Companies Has Nvidia Invested in in 2026?
TradingKey - Since 2026, Nvidia (NVDA) has significantly accelerated its pace of investment in the AI sector. On August 26, Eastern Time, during Nvidia's Q2 earnings call, CFO Colette Kress confirmed that the company has committed over $50 billion to AI labs, covering direct investments, computing power commitments, and infrastructure partnerships. Below is a summary of Nvidia's major AI investments in 2026 compiled from public information.
Thu, Aug 27

Nvidia Plans to Acquire This AI Platform for $12.9 Billion: What Is Hugging Face?
TradingKey - On August 26 ET, according to a report by The Information citing people familiar with the matter, Nvidia (NVDA) has agreed to acquire Hugging Face for $12.9 billion. If the deal is finalized, it would mark one of Nvidia's largest acquisitions in recent years.
Thu, Aug 27

Micron Executive Reshuffle: Manish Bhatia Named COO, Scott DeBoer Named CTPO — Is It Bullish or Bearish for the Stock?
TradingKey - On August 26 ET, Micron Technology (MU) announced two key executive promotions: Manish Bhatia was appointed President and Chief Operating Officer (COO), and Scott DeBoer was appointed President and Chief Technology and Products Officer (CTPO), with both reporting directly to CEO Sanjay Mehrotra. Sumit Sadana, former Executive Vice President and Chief Business Officer, transitioned to Senior Advisor to the CEO.
Wed, Aug 26

Moonshot AI Said in Talks With Microsoft, Amazon, Google on Kimi K3 Revenue Sharing, Seeking Up to 30% Cut
TradingKey - On August 26, Eastern Time, Reuters reported, citing three people familiar with the matter, that Chinese AI startup Moonshot AI is in talks with Microsoft (MSFT) Azure, Amazon (AMZN) AWS, and Google (GOOGL) Cloud over revenue-sharing agreements for its Kimi K3 large model.
Wed, Aug 26

Intuit Tumbles 11% Pre-Market as Adjusted Profit Guidance Beats Expectations: What Is the Market Still Worried About?
TradingKey - Tax and financial software company Intuit (INTU) reported its fourth-quarter fiscal 2026 results after the market close on August 25. Although its quarterly performance exceeded market expectations, its fiscal 2027 guidance fell short of analyst estimates, sending the company's shares down more than 11% in pre-market trading on August 26.
Wed, Aug 26

COMEX Copper Rises 1.8%, Nearing $15,000 Mark: Will It Keep Rising?
TradingKey - As of the Asian trading session on August 26, COMEX September copper futures rose 1.8% to $6.727 per pound, equivalent to approximately $14,830 per tonne, surpassing the previous high of $6.7140 per pound set on August 12 to hit a new contract record high.
Wed, Aug 26

SoftBank Plans Up to $20 Billion Bond Sale to Refinance OpenAI as Masayoshi Son Boosts AI Investments
TradingKey - On August 26, Asia-Pacific time, Bloomberg reported that SoftBank Group is in discussions with investment banks regarding a $10 billion to $20 billion bond issuance to refinance loans raised for its investment in OpenAI.
Wed, Aug 26

Billionaire Druckenmiller Slams Bessent Buyback Plan as Doomed Price Control
TradingKey - On Tuesday, August 25, Eastern Time, billionaire investor Stanley Druckenmiller publicly criticized the Treasury buyback program launched by U.S. Treasury Secretary Scott Bessent. The head of Duquesne Family Office bluntly stated that the plan is an act of "price management" through which the government attempts to intervene in the market via administrative means, and is doomed to fail.
Tue, Aug 25

Raymond James Raises AMD Price Target to $641, Sees It Challenging Intel's CPU Dominance
TradingKey - On August 25, Eastern Time, Wall Street investment bank Raymond James upgraded its rating on Advanced Micro Devices (AMD) from "Outperform" to "Strong Buy," stating that its strategic positioning in the server CPU market is expected to challenge Intel's (INTC) long-standing dominance.
Tue, Aug 25

Bloom Energy Surges 6% Pre-Market, Intel Rises 4% After Heavy Bet by Former Speaker Pelosi
TradingKey - Ahead of August 25, Eastern Time, former U.S. House Speaker Nancy Pelosi's July congressional trading report was officially disclosed, revealing that she initiated positions in clean energy company Bloom Energy (BE) and chip giant Intel (INTC). Boosted by the disclosure, Bloom Energy rose over 6% in pre-market trading on Tuesday, while Intel gained 4%.
Tue, Aug 25

Marvell Earnings Preview: Google’s $100 Billion Deal in Focus as Wall Street’s Highest Target Hits $400
TradingKey - Marvell Technology (MRVL) will release its second-quarter fiscal 2027 financial results after the market close on August 27, Eastern Time. As of pre-market trading on August 25, Marvell's stock was trading at $235.11, up approximately 221% over the past 12 months.
Tue, Aug 25

Alabama Launches Investigation Into OpenAI’s Hugging Face Breach
TradingKey - On August 24 EDT, Reuters reported that Alabama Attorney General Steve Marshall announced he has issued a subpoena to OpenAI, officially launching an investigation into the breach of the open-source platform Hugging Face by the company's AI models.
Tue, Aug 25

Pre-Market Drop of 5% Turns to Over 5% Gain: How to Read Pinduoduo's Earnings Report?
TradingKey - On August 24 US Eastern Time, Pinduoduo (PDD) experienced sharp volatility in US pre-market trading. Following the release of its second-quarter earnings report, its stock price initially plunged over 5% before quickly rebounding into positive territory, rising as much as over 5% to $92.91.
Mon, Aug 24

AAOI Drops Over 12% Premarket as Up to $600 Million ATM Offering Sparks Dilution Concerns
TradingKey - After the market close on August 21 ET, Applied Optoelectronics (AAOI) filed with the SEC, announcing the launch of an At-the-Market (ATM) offering program of up to $600 million. Sales agents Raymond James and Needham are entitled to commissions of up to 2% of the total gross proceeds.
Affected by the news, the stock dropped approximately 10% to around $112 in after-hours trading that day. In pre-market trading on Monday, August 24, the decline widened further to over 12%.
Mon, Aug 24



