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US Stock Pre-market Roundup: Apple, Amazon, Strategy Earnings Ahead; Semiconductor and Memory Sector Gains; SK Group Chairman Acquires 3,620 SK Hynix Shares

1. SK Group Chairman Chey Tae-won bought 3,620 shares of SK Hynix, marking his first direct purchase of SK Hynix stock, worth approximately $3.33 million. 2. Pre-market US stocks: semiconductor and memory sector gains expanded, with ARM rising 11%, SanDisk and Western Digital up over 8%. 3. Apple will release its third-quarter fiscal 2026 earnings after the US market close and hold an earnings call. Apple recently returned to the top of global market cap, briefly surpassing $5 trillion. 4. Strategy will release its Q2 earnings after the US market close. The market is closely watching its Bitcoin holdings and performance. 5. Amazon will release its Q2 earnings after the US market close and hold an earnings call. Investors will focus on the growth of its cloud computing business AWS. 6. JPMorgan significantly moved forward its expectation for the first Fed rate hike from the second half of 2027 to December 2026, believing that Walsh failed to explain how he would deliver on his anti-inflation promises. 7. Qualcomm plans to increase chip product prices starting September 1, with a double-digit percentage increase, aiming to push profit margins back to historical levels. 8. The Federal Reserve has held rates steady for the fifth consecutive time. Walsh emphasized that the 2% inflation target remains unchanged and that the Fed will not hesitate to raise rates if necessary. 9. South Korean regulators may consider implementing a "ban on short selling" to cope with the stock market crash. The Korea Exchange recently examined the technical feasibility of temporarily banning short selling and narrowing the daily price fluctuation limits, in order to evaluate emergency measures available in the event of a sharp market decline. 10. The situation in the Middle East continues to escalate. Iranian media reported that US military airstrikes hit the Iran-Iraq border area; the US side said Iran launched multiple missiles at US forces in the Middle East. Trump responded, saying the US military will "beat the hell out of them." 11. Samsung Electronics has announced its Q2 results: revenue of 171 trillion Korean won, operating profit of 89.4 trillion Korean won, basically in line with market expectations; it expects profitability to continue to grow in the second half of the year. 12. Arm (ARM.O) reported Q1 fiscal 2027 revenue of $1.29 billion, compared to $1.053 billion in the same period last year, versus market expectations of $1.262 billion. 13. Meta Platforms (META.O) expects Q3 fiscal year revenue of $61.0 billion to $64.0 billion; analysts estimate $63.17 billion.

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