Analysis

TradingKey - On July 2, Eastern Time, Apple (AAPL) shares reclaimed the $300 mark. As of press time, the stock rose 4.59% to trade at $307.88. It is reported that Apple is in negotiations with two Chinese memory chip manufacturers, ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC), to source memory chips for some of its products sold in the Chinese market. The move aims to alleviate cost pressures driven by the tight global supply of memory chips.

TradingKey - On July 2, Eastern Time, the three major US stock indexes showed mixed performance. Affected by Meta's transition into a computing power leasing provider, AI hardware stocks continued their decline today. While the Dow Jones Industrial Average hit another record high, the Nasdaq 100 Index fell 1.46%, and the Philadelphia Semiconductor Index dropped by about 5%. As of press time, the Dow Jones Industrial Average rose 0.73% to 52,685.45 points; the Nasdaq Composite Index fell 0.89% to 25,808.97 points; and the S&P 500 Index fell 0.21% to 7,467.39 points.

TradingKey - Microsoft (MSFT) trades at $384. Azure grew 40%, AI revenue hit a $37B run rate, and $627B in contracted revenue supports a $437 breakout target.

TradingKey - PepsiCo (PEP) trades at $141 ahead of July 9 earnings. Rising snack volumes, a 4% dividend hike, and strong Q2 expectations could fuel a rebound.

TradingKey - On July 2, Eastern Time, Panos Panay, head of Amazon's (AMZN) Devices & Services division, publicly detailed the company's strategic roadmap for in-house chips in its proprietary hardware for the first time during an exclusive interview on CNBC's "The Tech Download" podcast.

TradingKey - Micron (MU) trades near $1,035 after a 10% pullback. Strong AI demand, Q4 guidance, and GM supply deals keep the memory supercycle intact.

I will also consider my previous explanations in alignment with analysts’ estimates (Wall Street and Seeking Alpha) on the price target at a range of $186-$197, representing 30%-36% upside potential. To me, after looking at the current performance and the estimates, I believe a $200 price target is

TradingKey - On July 2, Eastern Time, SoftBank Group and its telecommunications subsidiary SoftBank Corp. jointly announced the establishment of a joint venture, SB Neo Inc., in Delaware, USA, this month, marking their official entry into the US "neocloud" market. SoftBank Corp. will hold a 51% stake in the new company, with SoftBank Group holding the remaining 49%.

TradingKey - On July 2 local time, the EU's highest court issued a legally binding final ruling, dismissing the appeal by Google and its parent company Alphabet (GOOGL) (GOOG) against the antitrust penalty regarding the Android system, and upholding the fine of 4.1 billion euros (approximately $4.67

TradingKey - AMD stock drops 6% after hitting a record high. Strong AI demand, EPYC Venice, MI450 deals, and bullish analyst targets raise the buy-the-dip question.

TradingKey - On July 2, Eastern Time, in pre-market trading, the three major US stock index futures showed mixed performance. As of press time, Dow Jones Industrial Average futures rose 0.18%, S&P 500 Index futures fell 0.01%, and Nasdaq 100 Index futures declined 0.28%.

TradingKey - On July 1 local time, NVIDIA (NVDA) officially announced the launch of a new business model that combines revenue sharing with credit support. This model allows AI cloud service providers to deploy NVIDIA infrastructure on a large scale and provide computing power services without bearing the full upfront capital expenditures.

TradingKey - On July 2, during Asian trading hours, Nikkei Asia reported that Apple (AAPL) plans to launch at least five new iPhone models between the second half of 2026 and the first half of 2027, marking the company's most aggressive product launch pace in recent years. Against the backdrop of ongoing global smartphone component shortages, Apple is seeking to expand its market share by leveraging its stronger supply chain control.

TradingKey - News that Meta (META) plans to sell its surplus computing power is sending shockwaves through global capital markets. This news not only shatters the market's long-held core logic of the "absolute scarcity of computing power" but also triggers deep anxiety among investors over whether the AI infrastructure bubble is about to burst.

TradingKey - On July 2 Eastern Time, OpenAI is in discussions with the US government regarding a plan to sell a 5% stake, according to a report by the Financial Times. The artificial intelligence startup, valued at $852 billion, is seeking to clear political and regulatory hurdles by securing support from the Trump administration.

Robinhood’s release of multiple positive catalysts has ignited its stock price, which is poised for further gains to break through the key resistance level of $110.

TradingKey - A Complete Analysis — From the BIS Warning to Financial Transmission Mechanisms

The FAA's issuance of regulatory requirements and Elon Musk's denial of AI equipment—two major pieces of negative news—have triggered a plunge in SpaceX's stock price, which may "test the bottom" again at $150 in the short term.

Intel (INTC) trades at $140 after Nvidia chose Xeon 6 for DGX Rubin and invested $5B. Google expands deployments as analysts still trail the rally.

NVIDIA (NVDA) trades at $198 after Michael Burry disclosed a short position. Analysts still see $299 upside as resistance holds near $205.