Analysis

TradingKey - Shares of AI custom chip giant Marvell Technology (MRVL) continued to trend lower after touching approximately $290 in early July. On July 29, the price dipped into the $160 range before rebounding to close the month near $188.

AMD announced yesterday its acquisition of AI inference chip startup Taalas to strengthen its presence in the inference chip sector and further enhance its data center AI product portfolio. Taalas, founded in 2023, has reportedly raised approximately $219 million in total funding. As the deployment of generative AI applications accelerates, the industry's focus is shifting from model training toward model inference—the computational process required for AI models to respond to user requests in actual business scenarios.

Dell's Q1 revenue soared 88%, AI servers up 757%, and FY2027 guidance was raised to $167B. But DELL has pulled back to $437 after rallying from the May 28 report. Here's where the stock stands.

On August 7 (ET), SpaceX (SPCX) broke through a periodic high of $126.71. This followed the official unlocking of the first batch of 911.5 million insider restricted shares on August 6, representing a potential release of approximately $100 billion in market value. However, the sell-off that the mar

Microsoft beat Q4 earnings and raised Azure guidance to 45%, sending MSFT up 15% in its largest market-cap gain ever, now testing $500.

Datadog beat Q2 revenue at $1.12B, beat EPS, and raised full-year guidance - then fell 19% on August 6. The reason: a usage cut from its largest AI customer and Q3 deceleration. At $237 with RSI at 24, here is whether the selloff is overdone.

TradingKey - Latest data from the U.S. Department of Labor shows that U.S. non-farm payrolls decreased by 23,000 in July, ending a previous streak of consecutive growth and signaling a significant cooling in the labor market. Meanwhile, the unemployment rate fell to 4.1% in July from 4.2% in June, though the decline was primarily driven by changes in labor participation and does not fully reflect an improvement in employment demand.

Trump’s elevation of data centers to the level of a strategic equivalent to oil provides a clear policy endorsement for the industry, potentially driving a structural rally in AI stocks.

TradingKey - On Friday, August 7 (ET), the three major U.S. stock index futures rose slightly in pre-market trading as the market awaits the U.S. July non-farm payrolls report. Following a pullback in U.S. stocks overnight, investors remained cautious ahead of the release of the non-farm data.

HubSpot beat Q2 revenue and EPS estimates but cut full-year guidance and missed customer-addition targets, sending HUBS down ~20% to a 12-year worst single-day decline.

Internal negative catalysts for SpaceX have been fully exhausted, and selling pressure has been significantly relieved. The stock is expected to stabilize and rebound in the short term.

TradingKey - As of the European session on August 7, gold prices (XAUUSD) extended their recent strong performance, rising more than 1% intraday and briefly surpassing the $4,300 mark. With a cumulative weekly gain of over 6%, gold is on track to record its largest single-week increase since January. As the market awaits the release of U.S. July non-farm payroll data, investors are re-evaluating whether a Federal Reserve rate hike in September remains necessary, placing gold in a critical phase for its next near-term directional move.

TradingKey - On August 7 (Asia time), SK Hynix announced that it will distribute a cash dividend to common shareholders as part of its regular quarterly dividend. The dividend is set at 375 KRW (approximately $0.26) per share, with a record date of August 31. The dividend will be paid within one month of the record date.

Bitcoin prices continue to fluctuate above $64,000, with the upcoming July non-farm payrolls data seen as the key to breaking the current consolidation stalemate.

TradingKey - On August 7, SK Hynix announced it will invest a total of 54 trillion won (approximately $38.4 billion) in its two production hubs in Yongin and Cheongju, South Korea, to build next-generation memory chip capacity. The move aims to address long-term demand growth driven by the rapid development of artificial intelligence.

TradingKey - On August 7, Asia-Pacific time, Morgan Stanley (MS) analyst Shawn Kim, once regarded as the "spokesperson for short sellers" in the South Korean market, turned bullish on SK Hynix (SKHY) and Samsung Electronics in his latest memory industry research report.

SpaceX's plant construction plan will increase cash flow pressure in the short term, but it is a long-term positive that helps reduce costs and improve efficiency.

TradingKey - As of August 6, Eastern Time, SpaceX (SPCX) shares rose 6.14% to close at $114.92. Notably, approximately 911.5 million SpaceX shares were unlocked on that day, becoming available for trade with a total value exceeding $100 billion. Although there were widespread market concerns that ma

TradingKey - On August 7, Japanese and South Korean stock markets closed lower. The Nikkei 225 Index ended down 0.12% at 65,606.71 points, while the Korea Composite Stock Price Index (KOSPI) fell 0.60% to close at 6,258.71 points.

TradingKey - During Asian trading hours on August 7, Bloomberg reported that SK Hynix (SKHY) is investing the windfall from its chip business into the South Korean corporate bond market.