24H | Chip, Storage Shares Continue to Drop with Intel, Micron, SanDisk Down Around 2%; Western Digital, Qualcomm Down Around 1%

TradingKey - Wall Street is navigating a two-day inflation gauntlet. Tuesday's CPI print for April arrived hotter than expected, rattling equity markets from telehealth to nuclear energy. Wednesday morning brings the Producer Price Index (PPI) for April — and if today's Consumer Price Index is any g

TradingKey - The results for Nvidia (NVDA) will be announced on May 20 after the market closes, and this report is very important for more than just one stock symbol. 

TradingKey - The U.S. is set to release April PPI data at 8:30 AM ET on May 13. Markets widely expect the U.S. April PPI to continue its upward trend, with the consensus pointing to a year-on-year growth rate of 4.9%, up from 4.0% in March. If realized, concerns regarding the upstream transmission of inflationary pressures will further intensify.

TradingKey - On May 21, 61,000 union members at Samsung Electronics will launch an 18-day general strike, following a 93.1% approval vote. Government mediation between labor and management has collapsed.

TradingKey - Cerebras Systems (CBRS) IPO prices May 13–14 at $125–$135/share. $26–$27B valuation, 20x oversubscribed, $510M revenue, 47% net margin, OpenAI 750MW deal. Everything you need to know.