Yulia Zeng

TradingKey - Apple (AAPL) will report its fourth-quarter fiscal 2026 financial results after the US market close on November 2, Eastern Time, and host an earnings call at 5:00 p.m. ET. This is not only a critical window for the market to evaluate iPhone demand and profit margins, but also marks the first time John Ternus will host Apple's earnings call after taking over as chief executive officer.

TradingKey - Anthropic, the developer of Claude, filed an S-1 registration statement with the U.S. Securities and Exchange Commission on October 26, planning to list on the Nasdaq under the ticker symbol "ANT." The market expects the artificial intelligence company could reach a valuation of $1.5 trillion to $2 trillion and raise up to approximately $100 billion, potentially making it one of the largest IPOs globally.

TradingKey - As the US midterm elections approach, investors are seeking clues about the next direction of the US stock market while monitoring the election results and their potential impact on economic policy. Although the S&P 500 Index remains near all-time highs, semiconductor and popular AI stocks have recently undergone a noticeable pullback, as market concerns over elevated valuations, returns on AI capital expenditure, and the interest rate outlook have yet to abate.

TradingKey - On October 30, Reddit (RDDT) shares plunged by about 23% in pre-market trading to below $100, representing a cumulative pullback of roughly 62% from its 52-week high of $263.5. Although the company's third-quarter revenue and earnings both exceeded market expectations, investors focused on lower-than-expected fourth-quarter guidance, a continued decline in search engine referral traffic, and a potential significant slowdown in user growth.

TradingKey - On October 30, AstraZeneca (AZN) shares rose more than 5% in pre-market trading. The company's third-quarter revenue and earnings both exceeded market expectations, while it reaffirmed its full-year guidance and announced a restructuring plan expected to unlock $1.5 billion in annual benefits, bolstering investor confidence in its medium- to long-term growth prospects.

TradingKey - On October 30, U.S. PC and server hardware stocks tumbled across the board in pre-market trading. Shares of Dell Technologies (DELL) fell over 10%, HP Inc. (HPQ) dropped more than 8%, Hewlett Packard Enterprise (HPE) declined over 6%, and Super Micro Computer (SMCI) also fell more than 5%. Intel's latest industry warning heightened market concerns over PC demand, inventory adjustments, and hardware enterprise profit margins.

TradingKey - Intel (INTC) shares are facing a fresh wave of selling, with losses widening to over 27% in Friday pre-market trading. If the decline holds through the close of regular trading, Intel will record its largest single-day drop since 1974—in roughly 52 years—and could see more than $100 billion in market capitalization erased.

TradingKey - Micron Technology (MU) shares came under pressure again, closing down nearly 5% at $934.27, with after-hours prices falling further to around $903. Compared with the record high of around $1,250 set in June, the stock has pulled back approximately 25%, as the strong rally previously fueled by AI memory demand has noticeably cooled.

TradingKey - SanDisk (SNDK) delivered an earnings report that beat market expectations across the board after the U.S. market close on Thursday. Driven by the rapid growth in demand for AI data center storage, the company's first-quarter revenue, earnings, and next-quarter guidance all exceeded analyst forecasts. The company also announced an 8-for-1 stock split to lower the per-share trading price and enhance stock accessibility.

TradingKey - Amazon (AMZN) is set to report its third-quarter 2026 financial results after the US market close on October 29. Ahead of the earnings release, the stock closed at $254.60, continuing to trade within the $250 to $260 range. If AWS growth, profit margins, and fourth-quarter guidance all beat expectations, the stock could break out of its current consolidation range and retest its high near $280 formed in August.

TradingKey - On October 29, Eli Lilly (LLY) reported third-quarter results that beat market expectations and raised its full-year revenue guidance once again. Driven by sustained growth in demand for Mounjaro and Zepbound, the company's quarterly revenue reached $24.397 billion, up 39% year-over-year and significantly above Wall Street's forecast of approximately $22.6 billion. Following the announcement, Eli Lilly's stock rose more than 5% in pre-market trading.

TradingKey - On October 29, US cloud computing service provider stocks generally weakened in pre-market trading, with ServiceNow (NOW) falling nearly 19% and Alphabet (GOOGL) dropping over 10%.

TradingKey - Oracle (ORCL) closed up 10.73% on Wednesday at $144.54, marking its largest single-day gain since May. The stock's rebound was primarily driven by the company's announcement of more aggressive long-term financial targets and a clear timeline for turning free cash flow positive during its Investor Day.

TradingKey - According to Bloomberg, chip designer Marvell Technology (MRVL) is in advanced talks to acquire optical component supplier Lumentum Holdings (LITE), with a deal potentially announced as early as next week. However, the parties have not yet signed a definitive agreement, and the transaction price, payment structure, and timeline remain subject to change.

TradingKey - SanDisk (SNDK) will release its first-quarter fiscal 2027 earnings report after the U.S. market close on October 29, Eastern Time. The company previously issued official guidance projecting revenue between $10.3 billion and $10.8 billion, with adjusted earnings per share of $44 to $46.

TradingKey - Shares of Google parent company Alphabet (GOOGL) rose over 1% in pre-market trading. The market is focusing on news that OpenAI may purchase Google's AI chips while also awaiting Alphabet's upcoming third-quarter earnings report.

TradingKey - US memory stocks generally rallied in pre-market trading on Wednesday, with SK Hynix (SKHY) rising as much as 8%, SanDisk (SNDK) and Micron Technology (MU) both gaining over 4%, Silicon Motion (SIMO) up nearly 4%, and Western Digital (WDC) advancing about 1%.

TradingKey - Samsung Electronics will release its detailed financial results for the third quarter of 2026 on October 29. Preliminary figures previously released by the company show that third-quarter revenue is expected to reach 195 trillion won (approximately $145.7 billion), up 126.6% year-on-year, while operating profit is projected at 107.4 trillion won, surging 782.5% year-on-year. If confirmed by the final figures, Samsung Electronics' quarterly operating profit will surpass 100 trillion won for the first time, marking the fourth consecutive quarter of record-breaking financial performance.

TradingKey - OpenAI is seeking to expand its sources of AI computing power. According to a Tuesday report by The Information citing people familiar with the matter, the ChatGPT developer plans to procure artificial intelligence chips from Google (GOOGL) to meet its model training and operational needs and reduce its reliance on a single chip supplier.

TradingKey - Microsoft (MSFT) will report its first-quarter fiscal 2027 earnings after the market close on October 28, Eastern Time. As its stock price reclaims $530 and approaches record highs, this earnings report could determine whether Microsoft can sustain the rally driven by demand for Azure and artificial intelligence.