Analysis

TradingKey - On July 10, Eastern Time, SK Hynix (SKHY) ADRs were listed on Nasdaq, raising $26.5 billion and setting a new record for the largest IPO by a foreign company in the U.S. The ADRs closed up 12.76% on their first day of trading.

TradingKey - Global semiconductor equipment giant ASML will release its second-quarter 2026 financial results before the US market opens on July 15, 2026. As the world's only provider of Extreme Ultraviolet (EUV) lithography technology, ASML's performance is not only critical to its own stock price trajectory but also serves as a vital bellwether for the intensity of global AI infrastructure investment.

ASML is testing the $1,700 level again ahead of its earnings report. If it fails to hold this position, the stock could face a further decline of more than 10%.

TradingKey - July 14, according to a report by the Financial Times, U.S. chip giant Nvidia (NVDA) has reduced the number of Asian customers authorized to purchase its artificial intelligence chips by more than half. This move is intended to establish a new customer "whitelist" system and strengthen compliance review mechanisms to prevent advanced chips from flowing into the Chinese market through third-party channels.

TradingKey - During Asian trading hours on July 14, SoftBank Group CEO Masayoshi Son predicted at an annual corporate conference in Tokyo that the artificial intelligence sector will require an annual investment of $5 trillion (approximately 800 trillion yen) by 2040. He flatly dismissed market concerns regarding an AI bubble, calling the question itself "ridiculous."

TradingKey - Intel (INTC) recently unveiled a space-grade System-on-Chip (SoC) code-named Starfire, marking the company’s official entry into the space computing market with its first self-developed dedicated chip. The product is primarily designed for satellites, spacecraft, and other equipment in extreme environments, focusing on meeting the demands of commercial aerospace, defense, and government customers for low power consumption, high reliability, and artificial intelligence computing capabilities.

TradingKey - During Asian trading hours on July 14, South Korea's ruling Democratic Party is pushing for an amendment to the "Act on Special Measures for Strengthening and Protecting the Competitiveness of National Strategic Industries." The move aims to pave the way for semiconductor companies such as SK Hynix to introduce external investors when constructing wafer fabs in regions outside the capital area.

Japanese and South Korean equity markets staged a "deep V-shaped recovery," with the KOSPI and Nikkei 225 closing slightly higher. Samsung, SK Hynix, SoftBank, and Kioxia all rose by approximately 3%.

Over the past month, the KOSPI Index has recorded a cumulative plunge of approximately 30% and is losing the key support level of 7,000 points. Having broken its bullish technical structure, the index may continue to decline toward the 5,000-point mark in the second half of the year.

Bernstein downgraded Datadog to Market Perform citing slowing non-AI demand. Benchmark raised to a Street-high $330 citing ‘excellent’ checks. DDOG fell 4% on July 10. At $257 on the trendline, the $272 trigger is the week-ahead watch. August 6 earnings.

TradingKey - On July 13 (ET), the three major U.S. stock indices closed lower across the board. The conflict between the U.S. and Iran escalated over the weekend, as Iran claimed it would close the Strait of Hormuz and the U.S. announced the restoration of a shipping blockade on Iran, driving a shar

Equinix deployed Secure AI Factories with Cisco and Nvidia across its global footprint, raised full-year guidance, and declared its 11th consecutive annual dividend increase. At $1,037 in a descending channel, Q2 earnings on July 29 is the catalyst. Here’s the week-ahead setup.

Japanese and South Korean stock markets continued their sell-off, with the KOSPI Index and Nikkei 225 under pressure. SoftBank and Kioxia both fell by more than 5%, while the declines in Samsung Electronics and SK Hynix moderated.

TradingKey - Trump announced that the U.S. will take control of the Strait of Hormuz and collect "tolls," which, combined with a plunge in the South Korean stock market, dampened market sentiment. The three major indices fell across the board, with SpaceX and SK Hynix ADRs dropping close to their offering prices. Memory stocks slumped, and the Philadelphia Semiconductor Index fell more than 5%. At the close, the Dow Jones Industrial Average fell 0.26% to 52,498.64; the Nasdaq Composite Index fell 1.55% to 25,873.18; and the S&P 500 Index fell 0.79% to 7,515.34.

Tradingkey - On Monday, SpaceX (SPCX) fell more than 5% intraday to a low of $137.5, nearing its $135 offering price. The stock has declined nearly 40% from its June 16 peak of $225.64. Following Apple's recent lawsuit against OpenAI, SpaceX founder Elon Musk and OpenAI CEO Sam Altman traded barbs on social media. Musk first posted on the X platform, addressing Altman by saying, "After stealing an open-source AI charity, now you've stolen Apple's mobile technology! What are you going to do next?" Altman retorted by mocking Musk, saying, "You're the one actually peddling a short-term space data center concept to public market investors."

Tradingkey - On July 13, Eastern Time, the memory stock sector suffered a broad decline. As of press time, SanDisk (SNDK) fell 12.32%, SK Hynix (SKHY) dropped 8.97%, Western Digital (WDC) declined 6.97%, Seagate Technology (STX) slipped 5.86%, and Micron Technology (MU) decreased 4.99%. It is noteworthy that the downturn in the memory sector is inextricably linked to the sell-off in the South Korean stock market—South Korea's KOSPI plunged over 8%, triggering a circuit breaker, while SK Hynix plummeted 15% and Samsung fell more than 10%.

TradingKey - On July 13 (ET), Intel (INTC) shares fell to a nearly one-month low, dropping 4.29% to $105.13 as of press time. Intel's competitor TSMC (TSM) released its June revenue data, showing that monthly consolidated revenue reached NT$442.68 billion, a significant year-on-year increase of 67.9%. For the first six months of the year, TSMC’s cumulative consolidated revenue totaled approximately NT$2.40 trillion, up 35.6% compared to the same period last year.

TradingKey - Costco (COST) stock has pulled back as comparable sales growth slowed and a new lawsuit added to investor concerns. Explore the latest Costco stock forecast, analyst price targets, technical levels, membership strength, and key catalysts before earnings

TradingKey - Amazon’s AWS grew 28% in Q1 2026, its fastest pace in 15 quarters. EPS beat by 69%. But free cash flow collapsed to $1.2B on $200B capex. At $245 with Q2 earnings July 30, the 0.5 Fib is the level to watch this week.

TradingKey - As the second-quarter earnings season for U.S. bank stocks officially commences, JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC), Goldman Sachs (GS), and Wells Fargo (WFC) are scheduled to release their Q2 results on July 14.