Analysis

Rate hike expectations weigh on the crypto market as XRP tests key support at $1.3, where a breakdown could trigger a 23% decline.

TradingKey - After the market close on September 10 Eastern Time, Oracle (ORCL) released its Q1 fiscal 2027 financial report, with the latest results significantly exceeding market expectations as its AI cloud business continued to expand rapidly. Oracle's stock fell 5.38% to $152.94 during regular trading that day, but market sentiment quickly reversed following the earnings release, sending shares up over 4% in after-hours trading to near $159.

Micron's Taiwan employees are receiving a major benefits package, offering salary incentives of up to 68 months' pay and a minimum cash compensation of NT$1.7 million (approximately US$53,000).

TradingKey - International oil prices continued to rise rapidly this week. On Thursday Eastern Time, WTI crude (USOIL) broke above the $100 per barrel mark to settle at $103.94, up 7.51%; Brent crude (UKOIL) surged 7.43% to $109.30, reaching an intraday high of $109.68 and nearing the $110 threshold, with both benchmark oil prices climbing to their highest levels since May.

The U.S. August PPI surged dramatically, reigniting expectations of consecutive rate hikes by the Federal Reserve, triggering a bloodbath in the crypto market as BTC plunged below $77,000.

TradingKey - On September 10, Eastern Time, the three major U.S. stock indices fell for the fourth consecutive trading day. The U.S. August PPI showed that upstream price pressures continued to rise, while international oil prices surged further, with WTI crude breaking back above $100 per barrel, b

Japanese and South Korean stock markets plunged at the open, with the KOSPI tumbling 3.3% to fall below 6,900 points, while chip stocks plunged across the board.

TradingKey - AMD closed near $521.10 after breaking triangle resistance as AI demand expectations rise. Can $524.08 unlock $547.70-$571.87?

TradingKey - IBM closed at $239.94 after a 3.38% rally as AI partnerships and Red Hat growth support sentiment. Can $241.57 unlock $254.87-$268.77?

TradingKey - On September 10, Eastern Time, data released by the U.S. Bureau of Labor Statistics showed that the Producer Price Index (PPI) for final demand rose 0.4% month-over-month in August, in line with market expectations; it increased 5.4% year-over-year, higher than the market expectation of 5.3%. The July PPI growth was revised from 0.0% to 0.1% month-over-month, and from 4.7% to 4.8% year-over-year.

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 - AAPL closed at $315.34 after Apple unveiled its first foldable iPhone. Can $308 support hold and reopen $318.64-$328.79?

TradingKey - On September 10, Eastern Time, Reuters reported, citing two people familiar with the matter, that the White House has not yet made a final decision on whether to impose import tariffs on refined copper. The administration is weighing the potential for tariffs to push up U.S. manufacturing costs against their potential support for domestic mining, smelting, and refining projects.

TradingKey - META closed near $653.69 after a 6.55% surge as Muse broadens Meta’s AI monetization story. Can $659 unlock $670-$684?

Will Solana reach $500 by 2030? We break down the latest SOL price forecasts, AI integration trends, and analyst predictions on where Solana could go.

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 9, Eastern Time, The New York Times reported, citing two people familiar with the matter, that the U.S. Department of Justice is investigating transaction arrangements between Nvidia (NVDA) and AI chip company Groq, focusing on whether the arrangements are intended to circumvent antitrust scrutiny applicable to traditional mergers and acquisitions.

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 - On September 9, US Eastern Time, Elon Musk's tunnel construction company The Boring Company (TBC) announced the completion of a $3 billion Series D funding round, bringing the company's valuation to $23 billion.

TradingKey - Adobe (ADBE) will report its third-quarter fiscal 2026 financial results after the market close on September 10, Eastern Time. As of the close on September 9, Adobe's stock stood at $254.86, down approximately 27% since the start of 2026. Investor concerns over generative AI competition, slowing ARR growth, and management adjustments have yet to subside.