Analysis

TradingKey - SpaceX (SPCX) stock recently entered a short-term period of high-level consolidation after breaking above $150. However, as the shares confirmed a breakout above $150 this Wednesday, further upside potential has been unlocked, paving the way to test the resistance level at $172.

TradingKey - Shares of Micron Technology (MU) have weakened again after breaking above $1,000, as the optimism brought by the memory chip sector's previous strong rally is now being tested by multiple risk factors.

TradingKey - As demand for high bandwidth and high-capacity memory in AI servers continues to grow, a chip startup backed by institutions including Intel (INTC) Capital, AMD (AMD) Ventures, and GlobalFoundries is working to develop new AI memory solutions beyond HBM.

Higher-than-expected U.S. PPI data sparked fears of interest rate hikes, driving the KOSPI and Nikkei 225 down by about 2%. Kioxia plummeted nearly 7%, while Samsung Electronics and SK Hynix both followed the decline.

TradingKey - As of the Asian trading session on September 11, gold prices (XAUUSD) maintained a weak consolidation today, trading near $4,320, after dropping sharply to around $4,300 on Thursday. The U.S. August PPI data released showed a rebound in producer price pressures, while international oil prices surged over 7% in a single day, pushing U.S. Treasury yields and the U.S. dollar higher in tandem. Markets are currently awaiting tonight's August CPI release to further gauge whether the Federal Reserve will raise interest rates next week.

TradingKey - Nvidia (NVDA) co-founder and CEO Jensen Huang stated that as artificial intelligence technology continues to evolve, cybersecurity is poised to become the next major application market for AI.

Rate hike expectations weigh on the crypto market as XRP tests key support at $1.3, where a breakdown could trigger a 23% decline.

TradingKey - After the market close on September 10 Eastern Time, Oracle (ORCL) released its Q1 fiscal 2027 financial report, with the latest results significantly exceeding market expectations as its AI cloud business continued to expand rapidly. Oracle's stock fell 5.38% to $152.94 during regular trading that day, but market sentiment quickly reversed following the earnings release, sending shares up over 4% in after-hours trading to near $159.

Micron's Taiwan employees are receiving a major benefits package, offering salary incentives of up to 68 months' pay and a minimum cash compensation of NT$1.7 million (approximately US$53,000).

TradingKey - International oil prices continued to rise rapidly this week. On Thursday Eastern Time, WTI crude (USOIL) broke above the $100 per barrel mark to settle at $103.94, up 7.51%; Brent crude (UKOIL) surged 7.43% to $109.30, reaching an intraday high of $109.68 and nearing the $110 threshold, with both benchmark oil prices climbing to their highest levels since May.

The U.S. August PPI surged dramatically, reigniting expectations of consecutive rate hikes by the Federal Reserve, triggering a bloodbath in the crypto market as BTC plunged below $77,000.

TradingKey - On September 10, Eastern Time, the three major U.S. stock indices fell for the fourth consecutive trading day. The U.S. August PPI showed that upstream price pressures continued to rise, while international oil prices surged further, with WTI crude breaking back above $100 per barrel, b

Japanese and South Korean stock markets plunged at the open, with the KOSPI tumbling 3.3% to fall below 6,900 points, while chip stocks plunged across the board.

TradingKey - AMD closed near $521.10 after breaking triangle resistance as AI demand expectations rise. Can $524.08 unlock $547.70-$571.87?

TradingKey - IBM closed at $239.94 after a 3.38% rally as AI partnerships and Red Hat growth support sentiment. Can $241.57 unlock $254.87-$268.77?

TradingKey - On September 10, Eastern Time, data released by the U.S. Bureau of Labor Statistics showed that the Producer Price Index (PPI) for final demand rose 0.4% month-over-month in August, in line with market expectations; it increased 5.4% year-over-year, higher than the market expectation of 5.3%. The July PPI growth was revised from 0.0% to 0.1% month-over-month, and from 4.7% to 4.8% year-over-year.

TradingKey - In U.S. pre-market trading on Thursday, Oracle (ORCL) shares fell nearly 2%, extending their weak performance from the previous session after snapping a four-day winning streak to close lower on Wednesday. Although Wall Street is generally bullish on cloud growth driven by AI demand, investors remain cautious ahead of the upcoming earnings report.

TradingKey - AAPL closed at $315.34 after Apple unveiled its first foldable iPhone. Can $308 support hold and reopen $318.64-$328.79?

TradingKey - On September 10, Eastern Time, Reuters reported, citing two people familiar with the matter, that the White House has not yet made a final decision on whether to impose import tariffs on refined copper. The administration is weighing the potential for tariffs to push up U.S. manufacturing costs against their potential support for domestic mining, smelting, and refining projects.

TradingKey - META closed near $653.69 after a 6.55% surge as Muse broadens Meta’s AI monetization story. Can $659 unlock $670-$684?