United States API Weekly Crude Oil Stock above expectations (-2.7M) in July 10: Actual (-0.056M)

On July 27 Eastern Time, SanDisk (SNDK) fell by more than 14% intraday to a low of $1,226.9, hitting its lowest level since early May. It is reported that Chinese memory chip company ChangXin Technology went public today, completing an $8.6 billion initial public offering (IPO). The stock surged 466% on its first day of trading, reflecting market confidence in the growth of China's memory chip market share.

Micron's stock price failed in its attempt to breach the $1,000 mark and may face downward pressure to retest the $800 level.

TradingKey — On July 27, Changxin Technology (SSE: 688825), a leading Chinese memory chip manufacturer, officially debuted on the Shanghai Stock Exchange STAR Market, met with strong investor demand on its first day of trading. With an issue price of 8.66 yuan, the stock opened at 49.50 yuan, up 471

TradingKey - Broadcom is at $381.50, down 21% from its June high of $495. The business is strong: $6.1B AI revenue, $6.8B quarterly free cash flow, a $30B Apple deal, and a $60-90B XPU opportunity by 2027. Microsoft, Meta, and Amazon report this week. Here is the setup at $389 resistance.

Although Alphabet's Q2 revenue and profit both beat expectations, the stock price faced downward pressure as a significant upward revision in AI capital expenditures for 2026 squeezed free cash flow. Looking ahead over the next five years, while the stock price may reach new highs, the probability of it rising to $1,000 is extremely low, as the company faces multiple headwinds including persistently high capex, challenges from AI competitors, and the shadow of antitrust regulation.