Analysis

Tradingkey - During the early Asian trading session on May 18, the KOSPI Index fell more than 4% at one point, hitting a near one-week low of 7,142.71. As of press time, the index remained down 1.57% at 7,375.55. Notably, the index closed down 6.12% in the previous session at 7,493.18, with the two-day volatility reaching a range of up to 904 points. After KOSPI 200 futures dropped 5%, the Korea Exchange triggered a circuit breaker mechanism, suspending program trading for five minutes.

US equities hit records on strong AI earnings and GDP growth. However, 3.8% inflation, $104 oil shocks, and narrow mega-cap concentration keep sentiment cautiously bullish but vulnerable as Kevin Warsh helms the Fed.

TradingKey - Nvidia Q1 FY2027 earnings May 20. Consensus: $78B revenue, $65B+ data centre, 74%+ margins. BofA target $320. NVDA at $224 at Fib 0.382 support. Breakout targets $231–$237.

Tradingkey - Since the beginning of this year, the wave of Agentic AI has driven an exponential increase in market demand for CPU chips, shifting the previous narrative that only GPUs would significantly benefit from AI. Current mainstream Agentic AI includes Anthropic’s Claude Cowork and OpenClaw. In the Agentic AI era, the role of the CPU has transitioned from an auxiliary component in the computing power value chain to the central control hub of agent systems. In this era, a CPU’s concurrency capabilities, memory bandwidth, and scheduling efficiency directly determine a system’s response speed and processing power. Once agent concurrency exceeds the CPU's capacity limit, issues such as request queuing and tool call failures arise, directly impacting user experience and system stability.

TradingKey - RXT up 165%+ in May on AI infrastructure partnerships. INOD triple-digit gains on LLM data contracts. Energy and defence surge on Iran friction. Next week: NVDA earnings, WMT, retail sales.

TradingKey - AI will be changing how power works in the U.S. Data centers consume electricity at a much higher level than they have before, and AI-related data centers are consuming power at a faster rate than other data centers. As an investor, this has been noticed by the market with stock appreci

TradingKey - Memory stocks have surged across the board year-to-date: SanDisk has jumped 411% this year, and Micron has risen 129%. However, forward P/E ratios for these stocks are trending lower.

TradingKey — According to a report by WIRED, OpenAI recently announced a corporate restructuring to consolidate its product lines. Its three core product offerings—ChatGPT, Codex, and the API—are being dismantled and merged into a unified product organization to "embrace" the Agentic Future; co-foun

TradingKey - Last Friday (May 15), The Wall Street Journal reported, citing people familiar with the matter, that Elon Musk’s SpaceX plans to officially list on the Nasdaq on June 12 under the ticker symbol “SPCX,” with an expected fundraising target of $80 billion or more. If successful, this would

TradingKey - Since 2026, gold prices have undergone a sharp correction after hitting a record high of nearly $5,600/oz, falling to $4,100 in April before rebounding to above $4,700 in early May. The structural pricing logic for gold is experiencing a loosening, and investors are now focused on which signals will indicate the end of gold's long-term upward trend.

TradingKey - Kevin Warsh takes over as Fed Chair with a growth-friendly bias. NVDA at $225, MSFT at $422 pull back to trendline support. Banks, small-caps, and AI infrastructure in focus next week.

TradingKey - Nvidia (NVDA) is set to release its first-quarter earnings for fiscal year 2027 after the US market close on May 20 ET. Market consensus expects quarterly revenue to be approximately $71.8 billion, but several investment banks believe this expectation is too conservative. Citi predicts revenue will reach $73 billion, while Wells Fargo has provided an even more optimistic forecast of $80.4 billion.

TradingKey - As of the close on May 15, shares of Samsung Electronics and SK Hynix have risen 125.6% and 179.42% year-to-date, respectively. Amid the memory chip supercycle, ETFs are becoming the primary tool for capturing this market rally. For Asian investors, what memory chip ETF options are currently available for deployment?

TradingKey - Regarding the impact of artificial intelligence on Microsoft’s (MSFT) core business, two world-renowned fund managers recently made large-scale allocations in opposite directions, bringing the tech giant’s long-term investment value into sharp focus across capital markets.

TradingKey - Berkshire Hathaway (BRK.A) (BRK.B) officially ushers in the "Abel Era" with a quarterly holdings report featuring significant portfolio adjustments.

Tradingkey - With the rise of AI-generated content, a new wave of unicorns are being created. The most notable of these is Anthropic. Anthropic is generating a lot of buzz in the investment community in addition to developing Claude. Anthropic is viewed as one of the fastest-growing, and most promis

TradingKey - SpaceX has reportedly disclosed a target valuation of $1.75 trillion to $2 trillion to its underwriting team, with market consensus suggesting it will break the historical record for global IPO proceeds. Furthermore, the prospectus is expected to be publicly unveiled in late May, with final pricing to be completed around June 15.

TradingKey - Following a rally the previous day, Nvidia’s share price plunged during intraday trading on May 15, falling more than 4.6% at one point and wiping out a significant portion of its market value. Earlier, during pre-market trading, foreign media reported that sales of Nvidia's H200 chips to China are unlikely to achieve a substantial breakthrough in the short term. Nvidia's share price fell toward $230 at one point, a decline of over 3%, resulting in a market cap loss of approximately $170 billion (roughly RMB 1.1 trillion).

Boeing has returned to profitability, backed by a $682 billion backlog, yet faces heavy debt and geopolitical volatility. While 2026 targets average $290.09, long-term forecasts suggest $475–$586 by 2030. Success depends on scaling production and navigating trade tensions, making it a high-convictio

TradingKey - Palantir Q1 2026: $1.63B revenue +85% YoY, US commercial +133%, Rule of 40 at 145%. PLTR down 26% YTD on valuation. Falling wedge at $133 with RSI divergence. Target $140–$145.