USD weakness pushes NZD/USD higher – BBH

TradingKey - Recently, SpaceX (SPCX) CEO Elon Musk publicly warned investors shorting the company, stating that institutions holding large long-term short positions in SpaceX have an "extremely low probability of survival." Musk also noted that if SpaceX achieves its established development goals, there is still significant room for growth in the company's long-term value.

SK hynix has denied the acquisition of Intel’s US fab, putting its stock price under pressure and causing it to briefly fall below the 2 million mark.

Intel surged 8.4% Tuesday on three confirmed catalysts: Xeon 8000 MT memory upgrade, expanded Google Cloud AI deal, and 18A cloud foundry commitment. 18A yields at 85%. Earnings Thursday. At $105, here is the setup.

Japanese and South Korean stock markets extended their rally, with the KOSPI surging nearly 6% and the Nikkei 225 gaining nearly 2%. Kioxia and SK Hynix soared approximately 9%, while Samsung Electronics and SoftBank also followed the upward trend.

TradingKey - Alphabet (GOOGL) (GOOG) will release its second-quarter 2026 financial results after the U.S. market close on July 22. As one of the world's most valuable technology companies by market capitalization, Alphabet’s business spans multiple sectors including search advertising, YouTube, Google Cloud, generative AI, and autonomous driving. Its earnings performance not only impacts its own stock price but is also regarded as a crucial bellwether for the global AI investment cycle.