Yulia Zeng

TradingKey - On September 15, Salesforce (CRM) announced multiple artificial intelligence partnerships, expanding its technology integration with Amazon Web Services (AWS), Google Cloud, and Nvidia (NVDA), respectively.

TradingKey - On Tuesday (September 15) Eastern Time, futures on the three major U.S. stock indexes fell across the board in pre-market trading. The 10-year U.S. Treasury yield breached 5%, reaching its highest level since 2007. Rising oil prices, expanding government debt, and financing demand for AI infrastructure combined to shock global bond markets, noticeably dampening investor risk appetite.

TradingKey - On September 15, US crypto-related stocks generally moved lower in pre-market trading. Coinbase (COIN) and MicroStrategy (MSTR) dropped over 4%; Bit Digital (BTBT), Riot Platforms (RIOT), and MARA Holdings (MARA) fell more than 2%; and Hut 8 (HUT) and CleanSpark (CLSK) slid over 1%. Meanwhile, Bitcoin dropped about 1.67% over the past 24 hours, falling below $76,700, as the market awaits a procedural vote in the US Senate on the CLARITY Act.

TradingKey - Middle East supply risks continue to escalate, keeping international oil prices volatile at elevated levels. During Tuesday's Asian trading session, Brent crude futures (UKOIL-F) rose to near $107 per barrel, while WTI crude futures (USOIL-F) climbed to around $103. On Monday, Brent crude briefly approached $110 before giving back some gains on reports that the US and Iran might resume contacts. However, a key oil pipeline in Saudi Arabia has yet to resume operations, continuing to provide downside support for oil prices.

TradingKey - Michael Burry, the renowned short seller and real-life inspiration behind the movie *The Big Short*, posted on social media sharply criticizing proposals by the management of OpenAI and Anthropic to "slow down frontier AI development." He argued that such statements are distinctly self-serving, suggesting their true motive may not be mitigating technological risks, but rather protecting the market position of industry leaders and crafting a more attractive narrative for potential IPOs.

TradingKey - On Monday (September 14) ET, futures on the three major U.S. stock indexes moved lower in pre-market trading. A rare call from the leaders of OpenAI, Anthropic, and xAI to slow the development of frontier AI models sparked market concerns over investment and growth prospects in the AI sector. Meanwhile, a continued surge in oil prices reignited inflationary pressures, weighing broadly on global risk assets.

TradingKey - On September 14, memory sector stocks in the US market broadly weakened in pre-market trading. Micron Technology (MU) and SanDisk (SNDK) both fell more than 5%, SK Hynix (SKHY) dropped over 7%, and Western Digital (WDC) and Seagate Technology (STX) declined by over 4%.

TradingKey - Following intense post-IPO volatility, SpaceX (SPCX) shares have reclaimed the $150 mark. Since debuting on the Nasdaq on June 12, this hot IPO initially surged before experiencing a sharp pullback, undergoing a full cycle from market frenzy to a cooldown and then a valuation recovery in just three months.

TradingKey - According to the Financial Times, the developer of the Claude large model has disclosed to certain shareholders that the company's adjusted operating profit for the current quarter is expected to be positive for the second consecutive quarter.

TradingKey - Qualcomm (QCOM) is accelerating its entry into the AI data center market, and its latest partnership with Amazon (AMZN) could mark a significant step in this strategic transformation.

TradingKey - Salesforce (CRM) and ServiceNow (NOW) were rarely viewed as direct competitors in the past. Salesforce has long dominated enterprise sales, marketing, and customer service markets, while ServiceNow excels in IT service management and internal workflows. However, as both companies increasingly push into each other's core businesses, the once-clear boundaries between the two SaaS giants are rapidly disappearing.

TradingKey - Data released by the U.S. Bureau of Labor Statistics on September 11 showed that the Consumer Price Index (CPI) rose 0.4% month-on-month and 3.4% year-on-year in August, both in line with market expectations.

TradingKey - On Friday (September 11) Eastern Time, the three major U.S. stock index futures rose across the board in pre-market trading as investors awaited tonight's release of the U.S. August Consumer Price Index (CPI), a crucial reference for the market to gauge the Federal Reserve's future interest rate path. Meanwhile, international oil prices fell noticeably amid signs of easing tensions in the Middle East.

TradingKey - In U.S. pre-market trading on Friday, Oracle (ORCL) shares rose over 7% at one point after the company reported first-quarter revenue, adjusted earnings per share, and backlog that all exceeded market expectations. Meanwhile, the company modestly raised its full-year earnings guidance, as demand for AI infrastructure continued to drive rapid expansion in its cloud business.

TradingKey - Shares of Micron Technology (MU) have weakened again after breaking above $1,000, as the optimism brought by the memory chip sector's previous strong rally is now being tested by multiple risk factors.

TradingKey - Nvidia (NVDA) co-founder and CEO Jensen Huang stated that as artificial intelligence technology continues to evolve, cybersecurity is poised to become the next major application market for AI.

TradingKey - In U.S. pre-market trading on Thursday, Oracle (ORCL) shares fell nearly 2%, extending their weak performance from the previous session after snapping a four-day winning streak to close lower on Wednesday. Although Wall Street is generally bullish on cloud growth driven by AI demand, investors remain cautious ahead of the upcoming earnings report.

TradingKey - On Thursday (September 10) Eastern Time, futures on the three major U.S. stock indices were mixed in pre-market trading. Brent crude rose above $102, with rising energy prices reigniting inflation concerns. Meanwhile, investors are awaiting U.S. August PPI and initial jobless claims data to gauge the Federal Reserve's future interest rate policy, keeping the broader U.S. stock market cautious.

TradingKey - On September 10, Palantir (PLTR) and Nvidia (NVDA) announced an expanded partnership to integrate Nvidia's Nemotron open models into Palantir Foundry and the Artificial Intelligence Platform (AIP), with initial application in Nvidia's own supply chain management.

TradingKey - The latest monthly revenue data released by TSMC (TSM) once again shows that demand for AI chips continues to drive growth in the global foundry market. On September 10, TSMC reported its August 2026 revenue, with monthly consolidated revenue reaching NT$514.86 billion, representing a year-on-year increase of 53.3% and a month-on-month increase of 10.1%, setting a new record high for the fourth consecutive month.