Analysis

TradingKey - As of July 10 Eastern Time, Costco (COST) was last priced at $912.97, after falling 4.21% on July 9 and rising slightly by 0.22% in pre-market trading. The stock price declined as newly released June sales data indicated a slowdown in growth.

TradingKey - As SK Hynix officially listed on Nasdaq on July 10, the South Korean semiconductor giant's debut on the U.S. stock market is triggering a chain reaction. According to market sources, six new leveraged and inverse ETF products tracking the performance of SK Hynix ADRs are in the final stages of preparation and are expected to be listed collectively next week, providing global investors with more diverse trading tools.

TradingKey - Meta (META) has recently been active in the AI space. From releasing its first paid programming model to starting mass production of its self-developed AI chips, this series of moves has shifted investor sentiment toward the company's AI strategy to positive.

TradingKey - According to market sources, Samsung Electronics is developing a dedicated chip for AI PCs named GAIA and has provided samples to Lenovo Group and HP (HPQ) for testing. If subsequent verification is successful and mass production begins, it will signify Samsung’s further expansion into the Windows AI PC core processor market, moving beyond its mobile Exynos processors and memory chips.

TradingKey - As of July 9 ET, Micron Technology (MU) was trading at $991.64, up 4.42% for the day, with an intraday high of $1,035.00. Benefiting from the company's announced plan to expand investment in the U.S., the price correction may be ending, signaling the start of a new rally.

Arista Networks jumped 7% on July 8 after launching its 1.6Tbps 7060XE7 AI switch backed by Meta, Microsoft, and Oracle. BofA and KeyBanc raised targets to $200. Q1: $2.71B revenue, 35% growth. Q2 earnings August 4.

Palantir surged 9% on July 1 after a Nvidia AI partnership, Burry trimming his short, and Trump disclosing a $1M+ PLTR stake. DA Davidson upgraded to Buy at $175. At $127 down 27% YTD, is the rotation beginning?

Apple confirmed a $30B+ multiyear Broadcom chip deal for 15 billion US-made chips, including a $1.5B Colorado facility expansion. AVGO at $404, defying a broad selloff driven by Trump declaring the Iran ceasefire over

TradingKey - On July 9, Eastern Time, the three major U.S. stock indices closed higher across the board, driven primarily by the technology and semiconductor sectors. As oil prices retreated from the previous session's highs, market concerns that an escalation of the U.S.-Iran conflict would fuel in

TradingKey - Donald Trump stated that Iran took the initiative to contact the U.S. seeking to reach a deal. The subsequent decline in oil prices boosted overall market sentiment. The three major U.S. stock indices all rose, with technology stocks extending their gains, led by chipmakers, memory chip stocks, and optical communication stocks. As of the close, the Dow Jones Industrial Average rose 0.27% to 52,487.41 points; the Nasdaq Composite Index gained 1.30% to 26,206.89 points; and the S&P 500 Index climbed 0.81% to 7,543.64 points.

Tradingkey - Following Morgan Stanley’s bullish view on capital rotating into cloud computing giants, economists at top asset management firm Apollo Global Management warned in a report that if the monetization of AI investments is slower than market consensus, it could spread from the tech sector to become a systemic risk for the entire market. Recently, Morgan Stanley stated that although the AI sector remains the consensual main theme of the current US stock bull market, market concerns regarding high sector concentration, rising valuation premiums, and the monetization efficiency of massive AI capital expenditures continue to intensify. In the short term, Morgan Stanley prefers the risk-reward profile of hyperscale cloud providers over the semiconductor sector. It also expects that, influenced by recent lagging stock price performance, leading cloud giants will gradually revise down their capital expenditure guidance.

Tradingkey - On July 9, Eastern Time, Nvidia rival Cerebras Systems (CBRS) surged over 12% intraday, with its share price climbing back above $200. As of press time, the stock was up 9.44% at $198.87. Reportedly, Cerebras and Flex are expanding their domestic production lines in California, which is expected to increase the production capacity of completed CS-3 systems by sevenfold. Meanwhile, Cerebras stated that it plans to commission its first European data center by the end of 2026.

Tradingkey - SK Hynix (SKHY) has unveiled its U.S. listing pricing plan, proposing to issue ADRs at $149 per share, targeting a total fundraising size of approximately $26.5 billion. If listed at this price, it is poised to break the multi-year record held by Alibaba to become the largest-ever IPO by a foreign company in the U.S. stock market. According to filings submitted by SK Hynix to the U.S. Securities and Exchange Commission (SEC), each ADR represents one-tenth of a share of its common stock. The pricing represents a slight premium of approximately 3% over its latest closing price on the Korean stock exchange.

TradingKey - TeraWulf signed a $19B 20-year Anthropic lease on 401 MW of AI compute in Kentucky. BofA and Citi issued Buy ratings at $34–$36. Revenue starts H2 2027. WULF at $23 in a descending channel.

Tradingkey - On July 9, Eastern Time, Broadcom (AVGO) shares climbed back above $1,000. As of press time, the stock rose 7.69% to $1,021. Since hitting an all-time high of $1,254.8 on June 25, the stock had experienced a pullback of over 10%. The early-session surge was catalyzed by a combination of

TradingKey - Intel fell in the chip sector selloff triggered by Samsung’s ‘only 6% ahead’ Q2 beat. Perplexity chose Nvidia’s Vera chip over Intel in AI speed tests. INTC at $113 recovering. July 23 earnings is the reset.

TradingKey - Against the backdrop of persistently high global inflationary pressures and weak consumer spending appetite, the food and beverage industry is experiencing unprecedented challenges. Before the U.S. market opened on Thursday, global consumer giant PepsiCo (PEP) released its financial results for the second quarter of fiscal year 2026.

TradingKey - According to a report by LatePost, multiple sources within Tesla’s supply chain revealed that the company recently issued specific procurement guidance for Optimus components to its suppliers. The guidance requires production capacity to be increased to 1,000 units per week by September this year, with a further increase to between 2,000 and 2,500 units per week by year-end. Based on the projected weekly capacity for the end of the year, suppliers will have the capability to provide components for approximately 100,000 Optimus units annually to Tesla by year-end.

TradingKey - Costco reported $29.24B in June sales, up 10.6%, and declared a $1.47 dividend. The stock rose 0.6% then fell 1.5% after hours. At $942 inside a descending channel from $1,096, here’s the setup.

TradingKey - On July 9, Eastern Time, US stock index futures were mixed in pre-market trading. As of press time, Nasdaq 100 Index futures rose 0.64%, S&P 500 Index futures rose 0.13%, and Dow Jones Industrial Average futures fell 0.16%.