RBNZ’s Gai: US tariffs are a negative demand shock to New Zealand

TradingKey - As of July 9 ET, Meta (META) was trading at $631.48, rising 4.7% for the day and reaching an intraday high of $633.27. While Meta's share price has reclaimed the $600 level, technical indicators still suggest the potential for further pullbacks.

TradingKey - After experiencing an epic rally over the past two years, global AI chip leader Nvidia (NVDA) has seen its capital market performance pale in comparison this year, with its stock price significantly underperforming the Philadelphia Semiconductor Index (SOX). To date, Nvidia’s year-to-date gain is only 7%, while the Philadelphia Semiconductor Index has surged 80% over the same period. This massive divergence has drawn widespread market attention: what exactly is weighing down this market-cap king?

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 - 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.