Analysis

Costco pairs exceptional fundamentals and membership growth with a premium valuation (52x P/E), making a disciplined, phased accumulation strategy ideal for long-term investors despite near-term macro crosswinds.

TradingKey - Marvell Technology (MRVL) rose more than 5% in pre-market trading on May 27, ET. Market sentiment strengthened as investors bet that demand for AI data centers and high-speed interconnects will continue to drive the company's earnings growth.

TradingKey - U.S. stock index futures rose across the board in pre-market trading on Wednesday ET. The market extended the momentum from the previous session led by AI chip stocks, as investors bet that potential U.S.-Iran negotiations could ease geopolitical risks. Meanwhile, falling oil prices and declining U.S. Treasury yields also supported sentiment for risk assets. As of press time, Dow futures were up 0.1%, Nasdaq 100 index futures rose 0.67%, and S&P 500 index futures gained 0.23%.

TradingKey - Micron Technology (NASDAQ: MU) is trading at $914.43, having broken above the 1.272 Fibonacci extension at $862.46 and is now inching toward the 1.618 level at $919.75.

TradingKey - After six consecutive trading days of gains, HP (HPQ) shares saw a pullback on May 26. The market is currently focused on the company’s upcoming Q2 FY2026 earnings report, set to be released after the market close on May 27, where the AI PC penetration rate will serve as a key metric to validate market expectations.

Micron took just 48 days to surge from a $500 billion market capitalization to over $1 trillion, sparking market interest in Dell and Palantir as the next AI dark horses.

TradingKey - On Wednesday (May 27), the Samsung strike saga finally concluded as the labor union ratified a wage agreement with a 73.7% approval rate. As this turmoil unfolded in Seoul, its competitor Micron (MU) reported positive developments: its stock closed up 19% on Tuesday, reflecting extreme bullishness in the market. In recent interviews, Micron management stated that the company is accelerating its global plant construction plans, with new capacity expected to come online successively starting in 2027, enhancing the visibility of its future growth potential. Has the Samsung strike quietly reshaped the global landscape of the memory industry? Is Micron poised to surpass Samsung in the future?

TradingKey — Pinduoduo (PDD) will release its first-quarter 2026 financial results before the U.S. market opens on May 27 ET, and will hold an earnings conference call at 7:30 AM ET that same day.

TradingKey - During the Asian trading session on May 27, reports indicated that TSMC plans to raise pricing for its 3nm process again in the second half of the year, with increases of up to 15%. Prices may rise further by 5% to 10% next year.

TradingKey - On May 27, the Samsung Electronics labor union approved a wage agreement with a 73.7% approval rate, averting a major strike at the last minute that threatened to disrupt global chip supplies. Under the agreement, average wages will increase by 6.2%. Additionally, a "special operating performance bonus" for the semiconductor division will be established, funded by 10.5% of operating profit, alongside a new housing loan program offering up to 500 million KRW.

TradingKey - At a critical juncture as SpaceX targets the largest IPO in history, the U.S. Space Force and global index giant FTSE Russell released major tailwinds on the same day, injecting dual momentum into the star aerospace company’s path to listing.

TradingKey - On May 27, boosted by the overnight surge in U.S. chip stocks, Japanese and South Korean stock markets both hit intraday record highs on Wednesday.

TradingKey - This Tuesday, Quantinuum, a quantum computing subsidiary of Honeywell (HON), officially filed its IPO pricing terms with the U.S. SEC. The company plans to list on the Nasdaq under the ticker symbol "QNT."

Faced with this unprecedented "trillion-level convergence" in business history, should investors join the euphoria or make an early exit?

TradingKey - During the Asian trading session on May 27, Japanese and South Korean stock markets rose significantly in early trading, driven by the overnight surge in the U.S. semiconductor sector. South Korea's KOSPI Index reached an intraday record high, while the KOSPI 200 futures index rose more than 5%, triggering a circuit breaker mechanism that suspended program trading for five minutes.

TradingKey - On Tuesday ET, the US chip sector surged collectively. Micron (MU) closed up 19.29%, reaching a new all-time high and driving its market capitalization above $1 trillion for the first time.

TradingKey - The S&P 500 rose 0.61% to 7519.12 to notch fresh intraday and closing records, and the Nasdaq Composite climbed 1.19% to 26656.18 on a powerful chip-led surge. The Dow Jones Industrial Average slipped 0.23% to 50461.68 as healthcare and energy stocks dragged.

TradingKey - During the Asian trading session on May 27, SK Hynix's share price surged over 10% intraday, with its market capitalization historically surpassing $1 trillion. It becomes the second semiconductor manufacturer in Asia to reach this milestone after Samsung Electronics, and the third memory chip company globally to achieve a $1 trillion market valuation.

Tradingkey - On May 26, Eastern Time, driven by a decline in U.S. Treasury yields, U.S. technology stocks extended their rally. The three major indices closed mixed, with the S&P 500 and the Nasdaq Composite hitting record highs. At the close, the Dow Jones Industrial Average fell 0.23% to 50,461.68; the S&P 500 rose 0.61% to 7,519.12; and the Nasdaq Composite rose 1.19% to 26,656.18.

Tradingkey - Elon Musk’s SpaceX is set to list on Nasdaq in mid-June with a target valuation of $1.75–$2 trillion, as the market focuses intensely on whether its performance can support this massive valuation. According to prospectus data, Starlink is currently the company’s sole profit pillar; the communications business, including Starlink, generated $11.39 billion in revenue last year, accounting for 61% of total revenue. The market generally considers Starlink's user growth and commercialization progress as key variables for valuation validation. Today, American Airlines (AAL) confirmed the adoption of Starlink’s in-flight network, injecting new growth momentum into the business. American Airlines finalized an in-flight connectivity upgrade plan to equip over 500 narrow-body aircraft with SpaceX’s Starlink system, further consolidating Starlink’s advantage in the aviation Wi-Fi sector as it continues to gain favor among major global airlines.