Analysis

Tradingkey - On May 26, Eastern Time, the three major U.S. stock indices showed divergent performance. The Dow Jones Industrial Average hit an intraday record high of 50,830.41, while the Nasdaq Composite and the S&P 500 turned lower. Although U.S. equities have staged a strong broad-based rebound over the past two months, the performance gap between the three indices remains significant. The Nasdaq Composite has led the market with a cumulative gain of approximately 27%, followed by the S&P 500 with an 18% increase over the same period. The Dow Jones has shown relative weakness, rising only 12% during this interval and significantly lagging behind the other two major indices.

Tradingkey - According to Iranian sources, a "preliminary informal document" regarding a Memorandum of Understanding (MoU) framework between Iran and the United States has been disclosed. The content covers the Strait of Hormuz, regional military deployments, and arrangements for future agreements. Driven by the de-escalation of geopolitical tensions, gold prices dropped to their lowest levels since late March. Both major crude oil benchmarks plunged: WTI crude futures hit a low of $87.77 per barrel, the lowest since April 22, while Brent crude fell to a low of $94.17 per barrel.

Tradingkey - AI chipmaker Cerebras Systems (CBRS) shares rose, gaining more than 10% at one point to reach a high of $266.7. As of press time, the stock remains up 8.7% at $262.75. Renowned Wall Street investor Cathie Wood, founder and CEO of ARK Invest—often referred to as the "female Warren Buffett"—has significantly increased her stake in Cerebras Systems. Despite the stock’s post-listing retracement, Wood opted to buy the dip, signaling firm confidence in the long-term explosive potential of the company’s unique "wafer-scale" AI chip technology.

TradingKey - US storage stocks rallied in pre-market trading, with Micron Technology (MU) expanding its gains to 8%, once again drawing market attention.

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 - A deep dive into the U.S. government's gold reserves — and why a number frozen since 1973 suddenly matters more than ever.

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.