Analysis

On September 4 Eastern Time, US August non-farm payrolls significantly exceeded expectations, fueling expectations of a Federal Reserve rate hike. US Treasury yields subsequently moved higher, with the 2-year Treasury yield touching its highest level since January 2025. Markets expect the Fed could raise rates within a few weeks; according to the CME FedWatch Tool, Federal Funds futures traders currently price in a 58% probability of a rate hike. Although this stronger-than-expected employment data was expected to weigh on high-valuation growth stocks, the US semiconductor sector rallied sharply in early trading today.

TradingKey - ORCL closed at $154.04 after reclaiming $148.75 as OCI growth and a $638B backlog support the setup. Can $159.23 unlock $167-$173?

TradingKey - On September 4, Eastern Time, the latest data released by the U.S. Department of Labor showed that U.S. August nonfarm payrolls far exceeded expectations, adding 162,000 jobs, with previous figures upwardly revised by a combined 55,000.

TradingKey - SPCX closed at $149.74 as Starlink and AI revenue accelerate. Can a break above $154.36 send SpaceX toward $163-$172?

TradingKey - PLTR trades near $182.53 after 93% revenue growth, a $127M TITAN award and a broader PwC AI alliance. Can $188.23 unlock $207.54?

TradingKey - On Friday (September 4) Eastern Time, futures on the three major US stock indices were mixed in premarket trading. Dovish signals from Federal Reserve officials prompted the market to reassess the likelihood of a September rate hike, while investors remained cautious ahead of the upcoming release of the crucial US non-farm payrolls report.

TradingKey - In U.S. pre-market trading on September 4, the three major stock index futures diverged. As of press time, Dow Jones futures fell 0.09%, S&P 500 futures rose 0.09%, and Nasdaq 100 futures gained 0.53%.

TradingKey - According to reports, Samsung Electronics and Arm (ARM) have officially launched joint research and development for next-generation on-device AI SoCs. The two companies will develop customized chips for end customers, further extending AI computing power from cloud data centers to terminal devices such as smartphones. Boosted by the news, Arm rose approximately 2.5% in US pre-market trading.

TradingKey - According to Nikkei Asia, mass production progress for Apple's (AAPL) first foldable iPhone remains relatively slow.

TradingKey - On September 3, Eastern Time, OpenAI announced the launch of the "Daybreak for Frontline Defenders" global initiative, aimed at providing frontline cybersecurity defenders with cutting-edge AI technical support to help protect critical infrastructure in the U.S. and globally.

TradingKey - Lululemon (LULU) delivered another disappointing earnings report. Impacted by a continued decline in North American sales, weak demand for core products, and another downward revision to its full-year guidance, the company's shares plunged over 18% in after-hours trading following the announcement, falling below $100.

Japanese and South Korean stock markets closed strongly higher, as Samsung and SK Hynix drove the KOSPI up nearly 2%. The Nikkei reclaimed the 65,000-point level, with SoftBank surging 12% and Kioxia gaining over 5%.

The privacy coin sector surged across the board, with both ZEC and DASH soaring 17%, while others like DCR and XTZ followed the rally.

TradingKey - Since 2026, Nvidia (NVDA) has significantly accelerated its investments and strategic positioning in the AI sector, covering multiple areas including large AI models, AI cloud, data centers, optical communications, custom chips, and AI software.

TradingKey - According to Bloomberg, AI company Anthropic is close to finalizing an approximately $15 billion revolving credit facility, further clearing the path for its upcoming public IPO filing.

Nvidia deepens its AI dominance with plans to invest $2.5 billion to acquire a stake in Thinking Machines Lab, an AI company founded by OpenAI's former Chief Technology Officer.

Dovish signals from Waller spurred a surge in Bitcoin and gold prices, with subsequent price action hinging on this week's upcoming non-farm payrolls report and next week's CPI data.

Wondering if the Ethereum (ETH) price forecast of $10,000 by 2030 is reality or pure hype? We break down the bull, bear, and top analyst predictions.

Driven by the AI frenzy and the lifting of rate hike alarms, US tech stocks surged across the board, with Nvidia dropping a $12.9 billion bombshell and BTC strongly breaking through the 80,000 mark.

Japanese and South Korean stock markets opened sharply higher, with the KOSPI reclaiming the 6,600-point mark. SoftBank surged 7%, while chip stocks such as Samsung and SK Hynix rose across the board.