Analysis

Dashed investor expectations for the reopening of the Strait of Hormuz deepened market concerns over whether the U.S. and Iran can reach a resolution to their conflict; meanwhile, with U.S. July CPI data set for release tomorrow, cautious sentiment dominated market trading. The three major U.S. stock indices closed lower across the board, while memory stocks bucked the trend to move higher. At the close, the Dow Jones Industrial Average fell 0.34% to 53,791.85; the Nasdaq Composite Index fell 0.60% to 26,445.45; and the S&P 500 Index dropped 0.32% to 7,728.20.

Elon Musk's AI business SpaceXAI announced the launch of a new product, Grok Bot, further expanding its presence in the enterprise AI agent market. Positioned as a collaborative team of AI agents, the product is capable of logging into applications and websites, retaining previous task information,

Manus announced that it will soon resume independent operations, signaling that its separation from Meta (META) has entered the final stage. Previously, Meta announced in December 2025 that it would acquire the general AI agent developer for approximately $2 billion, but Chinese regulators required the deal to be unwound in April this year, prompting both parties to initiate a complex separation of business operations and data.

Intel (INTC) officially finalized its $20 billion common stock offering plan on August 11, Eastern Time, raising the size by one-third from the previously announced $15 billion.

SpaceX crushed Q2 with 92% revenue growth and Starlink reached 12M subs. Stock broke descending channel to $138.63. $143.37 next target as RSI 74 signals overbought momentum.

Speculation regarding a potential merger between Tesla (TSLA) and SpaceX (SPCX) continues to grow. On *The Brainstorm*, a podcast by Cathie Wood's ARK Invest, several guests noted that if Tesla and SpaceX move forward with a merger in the future, Tesla's operations in China could become a complex regulatory variable. SpaceX is involved in U.S. national security and satellite projects, while Tesla's Shanghai Gigafactory serves as a major manufacturing and export hub, meaning certain technology and business dealings could face heightened scrutiny.

AMD crushed Q2 with $11.5B revenue (+50%) and data center +107%. Stock surged then fell 7%, now breaking $475 support. $456 next test.

Super Micro Computer sees sharp stock price volatility ahead of its earnings report. Can its cash flow withstand the pressure of massive AI inventory?

TradingKey - As of US pre-market trading on August 11, SpaceX (SPCX) last closed at $138.74, up 4.2% in the previous trading session. Since hitting a low of $104.83 on August 3, SPCX has rebounded by approximately 28% and reclaimed its IPO price of $135, showing a marked improvement in its short-term technical structure.

Intel crushed Q2 with 25% revenue growth and 59% data center acceleration. But $20B+ capex, foundry losses at $2.1B, and negative FCF are sinking the stock. INTC testing $95.68 support.

TradingKey - On Tuesday, August 11, Eastern Time, futures tied to the three major US stock indexes rose in pre-market trading as the market remained cautious ahead of the release of the US July CPI data. Oil prices continued to climb due to limited progress in negotiations regarding the Strait of Hormuz, reigniting inflation concerns. Meanwhile, Nvidia's AI financing plan and Intel's additional share offering led to mixed pre-market sentiment among tech stocks.

Arm crushed Q2 FY2026 with $1.14B revenue (+34% YoY), Neoverse royalties doubled. DreamBig acquisition pivots Arm into AI networking. Stock testing $267 support after rebound failed.

SK Hynix has resumed equipment installation at its Dalian NAND plant, with the favorable news driving a rebound in its stock price.

TradingKey - On August 11 Asia-Pacific time, Wall Street investment bank Bernstein released a research report raising TSMC's price target from NT$2,780 to NT$3,300 (equivalent to $102.4), citing that central processing units are expected to become the next growth driver for the global foundry leader.

TradingKey - On August 10 local time, Nvidia announced that it has signed a memorandum of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR to establish dedicated financing platforms. The initiative plans to mobilize over $500 bil

TradingKey - As of August 10, Eastern Time, Rocket Lab (RKLB) released its second-quarter financial report after the market close. Although revenue reached a record high and its order backlog expanded further, the company reported a loss per share of 8 cents, higher than the expected 6 cents. Combined with uncertainty surrounding the timing of the Neutron rocket's maiden flight within the year, RKLB's after-hours stock price fell by more than 7% at one point.

TradingKey — On August 10, Eastern Time, Bloomberg reported, citing people familiar with the matter, that AI large model company Anthropic has reached a $9.1 billion, 20-year cloud computing agreement with Bitcoin miner Riot Platforms (RIOT). Following the announcement, Riot's stock price surged over 25% in after-hours trading. As of press time, Riot was up 21.29% in overnight trading.

Netflix shares have pulled back significantly from their all-time high, and its revenue growth has also begun to slow. Examining the latest earnings report, viewing hours, advertising revenue, profit margins, competitive landscape, and valuation, this article analyzes why Netflix's hourly revenue increased by 12.5% and whether Netflix stock has returned to a reasonable valuation range.

TradingKey - On August 11, South Korean stocks extended their rebound, with the Korea Composite Stock Price Index (KOSPI) closing up 0.73% at 6,345.53 points. Meanwhile, Japanese stock markets were closed for the Mountain Day public holiday, with trading suspended for the day.

TradingKey - On August 11, Asia-Pacific time, Vietnamese commercial aerospace company VinSpace signed a satellite launch contract with SpaceX (SPCX), planning to launch its first self-developed satellite into orbit via SpaceX’s Transporter rideshare program in the second quarter of 2027.