South Korea Producer Price Index Growth (YoY): 7.9% (August) vs 7.7%

TradingKey - Recently, Anthropic CEO Dario Amodei publicly called for slowing the pace of frontier AI model development and proposed allowing major AI companies to coordinate a slowdown in R&D efforts. OpenAI CEO Sam Altman also supports taking a more cautious approach to AI development.

Apple's (AAPL) stock price has steadily rebounded since its autumn product launch event on September 9. Currently hovering around $334, it has recovered most of its losses since peaking in late July and sits less than 3% below its all-time high of $344.26. The market is banking on sales of the new product lineup to push the stock past its previous record high. Global delivery lead times tracked by JPMorgan for the iPhone 18 Pro and 18 Pro Max have expanded more than during the same period last year, while a consumer survey by Evercore ISI also points to a better-than-expected upgrade cycle. Meanwhile, delivery lead times in the Chinese market remain significantly shorter than last year, which JPMorgan views as a primary concern in tracking current demand.

TradingKey - AMZN closed at $251.19 as AWS growth remains strong and $244.58 support holds. Can $257.67 unlock $267.29 next week?

TradingKey - On September 18, U.S. crypto and digital asset stocks generally rose in pre-market trading, with Robinhood (HOOD) up 3.71%, Coinbase (COIN) up 3.53%, and Gemini Space Station up 1.81%.

TradingKey - On September 16, Eastern Time, the Federal Reserve raised the target range for the federal funds rate by 25 basis points to 3.75% - 4.00%, marking its first rate hike since July 2023.