TradingKey - As the US-Iran conflict continues to escalate, the market awaits post-market earnings reports from Google and Tesla. The three major US stock indices saw little change, while the Philadelphia Semiconductor Index rose slightly by 0.44%. At the close, the Dow Jones Industrial Average fell 0.01% to 52,219.35 points; the Nasdaq Composite Index dropped 0.57% to 25,690.90 points; and the S&P 500 Index declined 0.14% to 7,499.04 points.

TradingKey19 minutes ago

SpaceX Shares Fall Over 5% to Hit New All-Time Low: Plans New Data Center in Texas, Morgan Stanley Warns xAI Capex May Reach $120 Billion

TradingKey — On July 22, Eastern Time, SpaceX (SPCX) shares hit a new record low, falling 5.32% to $116.97 as of publication. Reports indicate that SpaceX AI is further increasing its investment in data center construction, with a scale comparable to the gigawatt-level capacity of the existing Memphis campus. However, the company's Q1 AI-related capital expenditure has surged to $7.7 billion, approximately three times the amount from the same period last year. Morgan Stanley analysts predict that xAI will consume a total of up to $120 billion in cash between 2026 and 2027—a figure nearly 1.6 times the $75 billion raised in SpaceX's IPO.

TradingKeyan hour ago

Trump Administration Accuses Kimi K3 Parent Company Moonshot AI: Allegedly Illicitly Obtaining Nvidia Blackwell Chips, Massively Distilling US Models

Tradingkey - Michael Kratsios, Director of the White House Office of Science and Technology Policy (OSTP), called out Chinese AI company Moonshot AI on the social media platform X, accusing it of acquiring servers equipped with NVIDIA GB300 (Blackwell series) chips through Thailand to train its Kimi K3 model and building a "complex internal platform" for large-scale distillation of U.S. models. This marks the second time in just two days that the Trump administration has issued a warning regarding "intellectual property theft" by Chinese AI models. Following Treasury Secretary Scott Bessent's threat of sanctions against Kimi just a day earlier, these latest allegations, which include specific chip models, represent a significant escalation in signaling.

TradingKey3 hours ago

OpenAI Raises 2030 Compute Spending Forecast to $750 Billion, Spending $20 Billion to Build Own Data Centers

Tradingkey - OpenAI announced on Wednesday that it has raised its compute spending forecast through 2030 to approximately $750 billion, up from the roughly $600 billion projected earlier this year. On the same day, the company announced a $20 billion investment to launch the construction of a data center project named "Project Camellia" in Savannah, Georgia. This marks OpenAI's first time building its own data center as the lead designer and constructor, signaling a shift from "tenant" to "landlord" in its computing power infrastructure strategy.

TradingKey5 hours ago

Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target

TradingKey - Western Digital surged 12.5% to $548 today as memory stocks rebounded and Kioxia merger talks resumed. HDD production is sold out through 2026. Cantor Fitzgerald targets $900, Citi $800. Earnings August 5. Here is the setup.

TradingKey5 hours ago

Cerebras Systems Shares Rise for Three Straight Days, Return to $240: Strategic Partnership Reached With CrowdStrike, CS-3 Inference Speed Exceeds Nvidia by 15 Times

TradingKey - Shares of Nvidia competitor Cerebras Systems (CBRS) rose for a third consecutive day, returning to a one-month high. At the time of writing, the stock gained 3.89% to $216.69. Cerebras announced today a strategic partnership with cybersecurity giant CrowdStrike (CRWD). As Cerebras offers the world's fastest AI inference compute solution and CrowdStrike provides an industry-leading AI-native security platform, the two companies will join forces to provide enterprise customers deploying large-scale AI with a combination of extreme inference speeds and AI-native security capabilities.

TradingKey6 hours ago

TradingKey SmartPicks

TK-Enhanced Colin McLean Growth & Value Quant Strategy

Combining fundamentals with market behaviors through smart algorithms, this approach utilizes dynamic, multi-frequency signals to enhance the alpha of value investment in modern markets.

Howard Rothman's Prudent Wealth Strategy

A smart, quantitative method that dynamically adapts to bull and bear markets—offering a perfect blend of steady growth and precise risk control.

David Polen Rational Growth Strategy

This strategy continues David Polen's investment philosophy of holding enterprises with quality cash flows, while adopting the implied return rate valuation model. It aims to seek balanced growth compared to the cost price through quantitative methods, while avoiding the blind pursuit of high prices and ensuring every holding has a reasonable expected return.

Michael J. Carr Low Profit Growth Strategy

This strategy is based on the "profitable investing" framework proposed by Michael J. Carr. The principle lies in not predicting market ups and downs, but in determining the current risk state of the market and deciding whether and how to take risks.