Analysis

TradingKey - According to a Reuters report on May 8, AI startup Anthropic has signed a $1.8 billion contract with Akamai Technologies (AKAM). This deal represents the largest single contract since Akamai’s inception, a development that quickly ignited enthusiasm in the capital markets. By the close of U.S. trading on Friday, Akamai's share price surged 26.58% to $147.71, after reaching an intraday high of $149.76. The company's market capitalization has reached $21.475 billion, with its cumulative gains over the past 12 months expanding to 65%.

If SanDisk continues along its path and actually achieves the consensus estimate of $168 in earnings per share in one year, a P/E multiple of 22 — which is a rather conservative estimate of the S&P 500 average — would imply a stock price of close to $4,000.

TradingKey - On Friday, the S&P 500 hit another all-time high, while the Philadelphia Semiconductor Index surged 11% over five trading sessions, marking a sixth consecutive weekly gain for U.S. equities. Amidst the market frenzy, "The Big Short" investor Michael Burry issued a fresh warning, likening the current AI fervor to the final stages of the dot-com bubble in 2000.

TradingKey - Nasdaq officially announced on May 8 that Lumentum (LITE.US) will be added to the Nasdaq-100 Index prior to the market open on May 18, replacing real estate data firm CoStar, whose share price has halved this year.

TradingKey - Since its listing on April 2, the Roundhill Memory ETF (DRAM) has surged 88% in just 25 trading days, with assets under management (AUM) surpassing $5 billion. This pace of growth is second only to the 24-day record set by the iShares Bitcoin Trust (IBIT).

TradingKey - As the newly released US non-farm payroll data propelled the Nasdaq to a record high, market focus shifts to the April CPI data to be released next week.

TradingKey - AI chipmaker Cerebras is reportedly planning to list on Nasdaq on May 14 under the ticker symbol “CBRS.” The IPO is expected to be the largest in the U.S. this year, placing Nvidia’s (NVDA) strongest challenger in the AI computing space officially under the capital market spotlight.

Central banks or sovereign institutions favor the Strategy because it provides a "high-yield and fully compliant" channel for state capital to achieve stable systemic returns.

TradingKey - Driven by the explosion in AI storage demand, Micron Technology (MU) shares have surged for five consecutive trading sessions since May 1, with a cumulative weekly gain of approximately 38%. The stock closed up over 15% at $746.81 this Friday, hitting a record high. Its market capitalization surpassed $840 billion, with daily turnover reaching $46.36 billion, ranking first in the U.S. stock market.

TradingKey — Intel (INTC) shares surged on Friday following reports of a preliminary cooperation agreement with Apple (AAPL). The stock’s intraday gain briefly exceeded 13% before closing up 13.96%, with its market capitalization jumping to $627.8 billion.

Coinbase said Friday that users experienced an extended outage across its platform after service failures within Amazon Web Services (AWS) disrupted critical trading infrastructure in the US East region.

Despite geopolitical tensions in the Gulf and record-low consumer confidence, leadership from Iren, Micron, and TSMC, along with stabilizing news from the UK, supported a positive market close on Friday.

TradingKey - Navitas Semiconductor (NVTS) is a leader in third-generation power semiconductors, pivoting away from volatile consumer charging into much faster-growing, higher-power markets such as AI data centers and grid infrastructure. Navitas stock has rallied about 88% this year, but it took a n

TradingKey - Pre-market on Friday, May 8, the three major U.S. stock index futures rose in unison as the market awaits the April non-farm payrolls report. Due to escalating U.S.-Iran tensions, major European and Asian stock indices fell sharply, while Brent crude rebounded for the first time in three days, briefly climbing above $103.

TradingKey - On May 6 (ET), optical component supplier Coherent Corp (COHR) reported fiscal third-quarter results that beat Wall Street estimates for both revenue and earnings per share (EPS). However, the stock plunged over 16% at one point during the following day's trading and ended the session down more than 7%.

TradingKey — Amazon (AMZN) disclosed on Thursday ET that it will offer Novo Nordisk’s (NVO) oral Ozempic, a medication for type 2 diabetes, through its self-service kiosks, with support for same-day delivery.

TradingKey - McDonald’s beat Q1 2026 with $6.52B revenue and $2.83 EPS vs $2.75 est. Global comps +3.8%. Q2 deceleration flagged. Falling wedge support at $282–$284. Target $289–$292.

Coinbase shares tumbled 4% following heavy losses, as even rising Bitcoin prices failed to reverse market anxiety regarding its future.

TradingKey - Commercial aerospace leader Rocket Lab released its Q1 2026 financial results after the market close, delivering a performance where both revenue and order backlog beat market expectations across the board. During the period, Rocket Lab’s revenue hit a record high of $200 million, up 63.46% year-on-year from approximately $122.6 million in the same period last year, exceeding the market estimate of $189 million.

Coinbase saw a net loss of $394 million in the first quarter of the year as lower crypto prices and softer trading activity pressured its global business, according to its Q1 report on Thursday.