Analysis

TradingKey - During the Asian trading session on July 29, SK Hynix (SKHY) reported record second-quarter earnings, yet its failure to meet market expectations triggered stock price volatility. However, in response to widespread market skepticism regarding the sustainability of AI infrastructure investment, the memory giant provided a firm rebuttal during its earnings call.

TradingKey - Micron fell below $800 Tuesday as CXMT's blockbuster Shanghai IPO raised supply concerns, Apple reportedly sought waivers to source memory from Chinese suppliers, and SK Hynix fell 14.7%. At $812, the $803.95 has broken. $742 is the next support. Here is the full picture.

TradingKey - On Tuesday, the rotation in the U.S. stock market continued, with the Dow Jones Industrial Average rising more than 500 points. The rally was driven by better-than-expected corporate earnings, a decline in oil prices, and a shift of capital from the semiconductor sector to other sectors

TradingKey - NVIDIA fell 5% Monday and is extending losses Tuesday as the $250B OpenAI data center guarantee raised circular financing concerns. Samsung fell 13%, SK Hynix 14.7%. NVDA CDS hit a record one-day gain. Analysts say fears are overblown. At $194, here is what matters.

TradingKey - In early Asian trading on July 29, Japanese and South Korean stock markets rebounded following a sharp continuous correction the previous day. SK Hynix rose more than 3% after releasing its earnings report, Samsung Electronics gained over 4%, and Kioxia surged more than 7%.

The Dow Jones Industrial Average rose approximately 600 points, boosted by strong corporate earnings, falling oil prices, and sector rotation from the semiconductor industry to other areas. Memory and chip stocks extended yesterday's losses, while software stocks rebounded. Investors are focused on tomorrow's Federal Reserve interest rate decision and the technology earnings reports scheduled for this week.

On July 28, ET, international crude oil prices fell further, marking the official entry of oil prices into a correction phase. Brent crude (UKOIL) saw losses widen to over 5%, while WTI crude (USOIL) dropped more than 4%, reflecting the market re-pricing the prospects of easing supply risks in the Middle East.

On July 28 ET, Micron (MU) lost the $800 level during intraday trading, hitting a low of $789.09, its lowest point since late May. Jefferies analysts stated in a research report that memory chip prices may be nearing their peak. Although the market expects third-quarter memory chip prices to rise by another 25%-30% quarter-on-quarter, Jefferies' latest industry checks suggest a more moderate increase of between 15% and 20%.

On July 28, Eastern Time, the three major U.S. stock indices diverged. The sell-off in chip stocks continued to intensify, and AI hardware stocks extended their recent declines. The Dow Jones Industrial Average strengthened, while the Nasdaq 100 Index fell more than 1% and the Philadelphia Semiconductor Index dropped over 5%.

Wayfair heads into August earnings with customer growth returning, stronger operating efficiency and improving order trends. Here is what investors should watch in the Q2 report.

On July 28, Eastern Time, impacted by today’s slump in South Korean stocks, SK Hynix ADR (SKHY) fell below the $130 psychological level to hit a new record low since listing. As of publication, SK Hynix was down 8.76% at $130.49.

BitMine heads into earnings with nearly 5% of Ethereum's circulating supply, a $4 billion buyback programme and growing staking income. Here's what investors should watch.

Nvidia secured a major data center order in Texas; however, its stock price declined and could potentially drop to $180.

TradingKey - As of July 27, Eastern Time, SpaceX (SPCX) shares were priced at $113.50, down 1.4%, after hitting an intraday low of $108.66, marking a new low since its listing. Compared to the all-time high of $225.64 reached on June 16, SPCX has seen a cumulative drawdown of nearly 50% and is down

D-Wave Quantum heads into August earnings after expanding its partnership with AT&T. Here's why enterprise adoption, bookings and commercial revenue matter more than ever for QBTS investors.

TradingKey - On Tuesday Eastern Time, the three major US stock index futures were mixed in pre-market trading. The market is awaiting the Federal Reserve's July interest rate meeting and earnings reports from tech giants, while concerns over AI infrastructure financing models and intensifying competition from Chinese semiconductor companies have led to a continued sell-off in chip stocks, significantly weighing on Nasdaq index futures.

Sandisk heads into its August 5 earnings report with AI-driven storage demand boosting margins and enterprise SSD growth. Here's what investors should watch before SNDK reports.

Meta announced a partnership with BlackRock to build a super data center, and its stock price rose instead of falling.

Memory chip stocks were under pressure across the board, as Micron fell nearly 5%, breaking below the $900 level.

TradingKey - July 28, SoftBank Group has recently seen new developments in both capital markets and M&A. A $40 billion bridge loan raised for investing in OpenAI attracted an additional 21 financial institutions during its syndication phase; meanwhile, negotiations to acquire Blackstone’s Japanese payment company SP.LINKS have entered the final stage.