Analysis

TradingKey - During the Asian session on August 4, KOSDAQ futures surged more than 6% at one point, triggering the Korea Exchange (KRX) to activate a five-minute trading halt mechanism. As of press time, the KOSDAQ futures index was up 4.58%.

TradingKey - AI software company Palantir (PLTR) has once again delivered quarterly results that significantly outperformed market expectations. After the market close on Monday Eastern Time, the company announced its second quarter 2026 financial results, with both revenue and earnings exceeding Wall Street estimates, and raised its full-year revenue guidance by nearly $500 million. Driven by the strong results and optimistic outlook, Palantir's stock price surged nearly 15% in after-hours trading.

TradingKey - On August 3 Eastern Time, the opening day of the Flash Memory Summit 2026 in California, SK hynix (SKHY) and SanDisk (SNDK) jointly released the first standard specification for High Bandwidth Flash (HBF).

TradingKey - Microsoft (MSFT) stock surged after strong Q4 earnings as Azure revenue accelerated to 43%. Robust AI demand, a $678B backlog, and bullish analyst targets continue to support the stock.

TradingKey - Amazon (AMZN) stock surged to a record high after strong Q2 earnings. AWS revenue jumped 37%, AI demand remained robust, and analysts raised price targets to as high as $400.

TradingKey - Prospects for U.S.-Iran negotiations boosted market sentiment, and U.S. stocks got off to a strong start in August, with the three major indices closing higher for three consecutive days. The Dow Jones Industrial Average hit another record closing high, the Nasdaq rose more than 2%, and

TradingKey - On August 4, major stock indices in Japan and South Korea both opened higher. South Korea's KOSPI index opened up 1.5% before narrowing its gains to approximately 1.24% at 6,334.94 points. Japan’s Nikkei 225 index maintained its upward trend after opening higher, recently rising 0.40% to 64,009.44 points.

U.S. President Trump canceled airstrikes against Iran and stated that the Strait of Hormuz could reopen by tomorrow at the latest, boosting market sentiment. All three major indices rose, with the Nasdaq advancing for three consecutive days and cloud service providers leading the gains. At the close, the Dow Jones Industrial Average rose 1.32% to 53,178.41 points; the Nasdaq Composite Index gained 2.13% to 25,913.90 points; and the S&P 500 Index climbed 1.48% to 7,600.50 points.

On August 3 ET, shares of Corning (GLW) rose more than 6% intraday, returning to an upward trend after experiencing a drawdown of up to 45% in July. Reportedly, the prominent investment firm Truist Securities upgraded Corning’s rating from "Hold" to "Buy," while lowering its price target from $205 to $175. Truist analysts stated that the core logic for the upgrade is that the valuation has returned to a reasonable level. During the month of July, Corning's stock price underwent a sharp correction of approximately 45%.

On August 3, Eastern Time, GameStop (GME) shares fell more than 14%, hitting a near two-year low. GameStop announced that it has reached agreements with certain convertible bondholders to exchange approximately $1.4 billion in outstanding convertible debt for Class A common stock, a move intended to retire a significant amount of long-term debt. However, this action may dilute the equity of existing shareholders.

On August 3, Eastern Time, Google (GOOGL) shares rose more than 5%, returning to $375 and breaking through a periodic high. According to media reports, a market analysis report indicates that Google plans to deploy 12 to 15 million units of its proprietary TPU v9 AI ASIC chips by 2028. Considering analysis suggesting that Nvidia's (NVDA) AI GPU shipments may reach 12.4 million units in 2028, Google’s server AI accelerator shipment volume is expected to catch up with or even surpass Nvidia's by the year after next.

Meta bounced from the $521 double bottom to $595 today, clearing $577 resistance. Wall Street screams Buy. Cathie Wood bought $14.3M. One analyst targets $700. The fundamental concern - $784M FCF on $31B capex - hasn't changed. Here is what $615 requires.

On August 3 ET, Amazon (AMZN) shares hit a record high of $287.16, making it the fifth company in history to surpass a $3 trillion market capitalization. Amazon's recently released earnings report showed that AWS's second-quarter operating margin reached 39%. Customers, including AI labs and large enterprises, are racing to lease chips and computing equipment—to the point where business expansion is no longer constrained by market demand, but by the limits of production capacity.

Alibaba is up 39% from its $91.99 June low and broke out above $121 to reach $127.82 today. Qwen3.8-Max launched. Instant commerce losses narrowed. August 17 earnings are the next test. At $128, here is the full picture and what matters next.

Micron led the decline in memory chip stocks, which may continue to face downward pressure.

TradingKey - AMD (AMD) will report its fiscal second-quarter 2026 financial results after the market closes on August 4 ET. The latest share price stands at $476.15, having retreated approximately 12% from its June highs, though it remains up by more than 100% year-to-date.

Alphabet has recovered from $315 to $359 — a 14% bounce — reclaiming both EMAs and approaching the 1.272 Fibonacci at $364. P/E at 17.87x is the cheapest since 2019 on 24% revenue growth. Google is backing a $15B Anthropic data center in Texas. 58 analysts say Buy. Here is the setup.

SpaceX is approaching a wave of lock-up expirations; does this imply that the SPCX share price will inevitably experience a sharp decline and fall below the $100 mark?

Ripple’s expansion into institutional-grade Real World Assets (RWA) is expected to enhance the liquidity and burn rate of its native token, XRP, over the long term.

Amazon surged 15.32% after Q2 2026 results showing AWS at 37% growth and $200.6B revenue. Then invested another $35B in OpenAI. At $271, the 1.618 Fib at $279 is the next test. Here is the full picture heading into the week of macro events.