TradingKey - On Tuesday (August 4) ET, the three major U.S. stock index futures rose collectively in pre-market trading, with Nasdaq 100 futures leading the gains. Overnight, U.S. stocks rebounded, driven by a recovery in AI trades and a temporary easing of tensions in the Middle East, as the Dow closed at a record high. In today's pre-market session, Palantir (PLTR) surged following its earnings report, further reinforcing the AI software theme. However, conflicting signals from U.S.-Iran negotiations, a rebound in oil prices, and the upcoming release of JOLTS job openings data have kept market sentiment cautious.

TradingKey - SanDisk (SNDK) will report its fourth-quarter and full-year fiscal 2026 results after the market close on August 5, Eastern Time. The market will look to the report to gauge whether the growth cycle, driven by AI data center investment, rising NAND prices, and supply constraints, can be sustained.

Western Digital and SK Hynix jointly released the first HBF standard specification, driving the stock price up by nearly 3%.

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 - 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

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