Yulia Zeng

TradingKey - Anthropic’s credit rating has surfaced for the first time. According to documents reviewed by the Financial Times, credit rating agency Kroll Bond Rating Agency (KBRA) assigned Anthropic a "BB+" rating with a stable outlook in June this year. This represents the highest tier within the speculative-grade category, standing just one notch below the investment-grade threshold.

TradingKey - CoreWeave shares plunged about 15% on Wednesday, and its corporate bond prices fell in tandem, as the market feared that high interest rates and massive debt could weaken its ability to continue expanding AI data centers. Nvidia CEO Jensen Huang stated publicly in Stockholm on Thursday that CoreWeave is growing stronger, its cost of capital has actually declined, and Nvidia has no need to provide a financial backstop for the company.

TradingKey - On October 16, Japanese and South Korean stock markets rebounded following a sharp recent correction. Japan's Nikkei 225 Index closed up 1.39% at 65,324.24 points, but fell 5.37% for the week, marking its largest weekly decline since July 17. South Korea's KOSPI index gained 2.05% to close at 5,668.06 points, but dropped 14.46% on the week, recording its biggest weekly drop since October 2008.

TradingKey - Expectations of Federal Reserve rate hikes, rising financing costs for AI projects, and intensifying competition in memory chips simultaneously hit global tech stocks this week. As of Thursday, the world's 20 largest AI and semiconductor companies by market capitalization had collectively wiped out over $1 trillion in market value, with the chip sector becoming the hardest-hit area in this round of adjustment.

TradingKey - Rumors of a merger between SpaceX (SPCX) and Tesla (TSLA) are heating up. In a recent report, Barclays (BCS) analyst Dan Levy stated that the two companies could announce a merger ahead of Tesla's 2026 annual shareholder meeting. Based on regulatory timing requirements, the meeting is expected to take place no later than December 6.

TradingKey - On October 16, Japanese and South Korean stock markets rebounded in early trading, with both opening slightly higher. South Korea's KOSPI Index opened 1.8% higher at 5,653.99 points and was later up 1.77% at 5,652.51 points; Japan's Nikkei 225 Index opened 0.78% higher at 64,925.29 points, with gains subsequently expanding to 0.94% at 65,029.45 points.

TradingKey - On October 15, Japanese and South Korean stock markets suffered a sharp sell-off. South Korea's KOSPI Index closed down 7.57% at 5,554.23 points, with intraday losses extending to 9% at one point and triggering a circuit breaker for the tenth time this year; Japan's Nikkei 225 Index closed down 4.90% at 64,425.90 points.

TradingKey - On October 15, the sell-off in Asian tech stocks escalated further, with South Korea's KOSPI Index extending its intraday decline to over 8%, triggering a circuit breaker and halting stock trading for 20 minutes. This marks the tenth time the South Korean stock market has triggered a circuit breaker this year.

TradingKey - During Thursday's Asian trading session, gold (XAUUSD) prices rebounded significantly following an overnight sell-off, with spot gold rising over 1% to $4,156.08 per ounce.

TradingKey - According to Bloomberg citing people familiar with the matter, Anthropic disclosed at an IPO investor presentation at its San Francisco headquarters that its third-quarter 2026 revenue reached $16.8 billion, up approximately 46% from $11.5 billion in the second quarter.

TradingKey - On October 15, Japanese and South Korean stock markets fell sharply in early trading, with South Korean equities experiencing particularly pronounced losses. The Nikkei 225 opened 1.28% lower at 66,880.37 points before extending its decline to 2.39% at 66,124.77 points; the Korea Composite Stock Price Index (KOSPI) opened 5.59% lower at 5,673.01 points before rebounding to 5,736.59 points, narrowing its drop to 4.53%.

TradingKey - In Wednesday's US pre-market trading, SK Hynix (SKHY) shares fell more than 3%. Market sources indicated that deliveries of some back-end equipment orders for the company's sixth-generation High Bandwidth Memory (HBM4) might be delayed, raising investor concerns over the pace of capacity expansion and mass production progress.

TradingKey - On October 14, Japanese and South Korean stock markets strengthened in early trading before gradually paring gains to both close lower. Japan's Nikkei 225 Index fell 0.05% to close at 67,744.24 points, while South Korea's KOSPI Index dropped 0.44% to close at 6,008.82 points. The KOSPI had risen about 2.6% intraday before reversing course to fall back below the 6,000-point mark, marking its sixth consecutive trading session of losses.

TradingKey - Anthropic plans to hold a Pre-IPO Investor Day at its San Francisco headquarters on October 14 local time, during which it will disclose its third-quarter 2026 financial data to invited institutional investors. This will mark the first time the company provides relatively comprehensive quarterly operational information during its IPO preparation phase, helping management and underwriting banks assess market demand to serve as a basis for subsequent valuation and offering size.

TradingKey - In the early morning of October 13 local time, SpaceX (SPCX) launched a Cargo Dragon spacecraft into orbit aboard a Falcon 9 rocket to execute NASA's 35th Commercial Resupply Services mission (CRS-35). After lifting off from Cape Canaveral Space Force Station in Florida, the rocket left a large glowing plume across the pre-dawn sky, creating a striking spectacle resembling jellyfish tentacles that many onlookers dubbed a "space jellyfish."

TradingKey - On October 14, Japanese and South Korean stock markets rebounded in early trading, with gains in South Korean stocks extending further. Japan's Nikkei 225 Index opened 0.24% higher at 67,942.23 points and subsequently rose 0.21% to 67,921.92 points; South Korea's Korea Composite Stock Price Index (KOSPI) opened 0.44% higher at 6,062.08 points, before expanding its gain to 1.75% to reach 6,140.98 points.

TradingKey - TSMC (TSM) will report its third-quarter 2026 financial results on October 15 and hold an institutional investor conference at 2:00 PM Beijing Time on the same day. With its quarterly revenue already disclosed, market focus will shift to its net profit, gross margin, fourth-quarter guidance, as well as capital expenditure and capacity planning for 2027.

U.S. supermarket chain operator Kroger (KR) plans to eliminate approximately 3,000 corporate and functional roles over the next three years, representing about 37% of its headquarters staff. If fully implemented, the company's corporate headcount will decline from around 8,200 to about 5,200, making it one of the largest workforce adjustments in Kroger's 143-year history.

TradingKey - On October 13, Japanese and South Korean stock markets fell sharply. South Korea's KOSPI index closed down 5.46% at 6,035.36 points, hitting its lowest closing level since August, after touching an intraday low of 5,911.11 points earlier in the session. Japan's Nikkei 225 index closed down 1.82% at 67,777.47 points.

TradingKey - On October 13, losses in South Korean stocks deepened, with the KOSPI Index extending its intraday drop to over 7% and falling below the 6,000-point mark. Leading semiconductor stocks faced heavy sell-offs, as SK Hynix fell more than 9% and Samsung Electronics dropped over 8%.