Germany IFO – Business Climate above forecasts (87.8) in October: Actual (88.4)

TradingKey - Two short sellers hit Bloom Energy last week — Hunterbrook alleged Chinese scandium supply reliance, Crossroads Capital added a second short. Bloom refuted both. At $257 in a triple bottom, July 28 earnings is the resolution. Here’s the setup for the week ahead.

TradingKey - Alibaba gained 12% in two days after a $600M DOJ settlement, a Pentagon rule reprieve, reports of limited Nvidia H200 access, and 45% cloud growth expectations. At $111 with Q1 earnings August 28, here’s what the week ahead holds.

TradingKey - On July 10, Eastern Time, SK Hynix (SKHY) will officially list on the Nasdaq, priced at $149 per ADR. Raising approximately $26.5 billion, the offering surpasses Alibaba’s 2014 record of $25 billion to become the largest US IPO by a foreign company.

TradingKey - According to a report by LatePost, multiple sources within Tesla’s supply chain revealed that the company recently issued specific procurement guidance for Optimus components to its suppliers. The guidance requires production capacity to be increased to 1,000 units per week by September this year, with a further increase to between 2,000 and 2,500 units per week by year-end. Based on the projected weekly capacity for the end of the year, suppliers will have the capability to provide components for approximately 100,000 Optimus units annually to Tesla by year-end.

TradingKey - NVDA denied a Kyber rack-scale delay report and shares rose 1%. Goldman calls 21.7x forward P/E ‘compelling.’ At $198 with a short setup, here’s what both sides are seeing.