TradingKey

TradingKey - Rocket Lab fell after the SpaceX IPO, but investors may be overlooking a larger catalyst. Nasdaq-100 inclusion on June 22 could bring fresh institutional demand as RKLB's backlog reaches a record $2.2 billion.

SpaceX SPCX closed its first trading day at $161.11, up 19% from the $135 IPO price, hitting an intraday high of $176.52. MSCI index inclusion begins June 13. Here's what SpaceX stock investors should watch next: lockup, Q2 earnings, Starlink growth, and xAI capex.

TradingKey - On June 12 local time, The Wall Street Journal cited people familiar with the matter reporting that attorneys general from several U.S. states have launched a joint investigation into OpenAI. OpenAI received a subpoena on the same day, requesting business documents related to user interactions, advertising strategies, data usage, and the protection of minors. Meanwhile, OpenAI's competitor Anthropic also faced an administrative ban. According to Axios, U.S. Secretary of Commerce Lutnick sent a letter to Anthropic CEO Dario Amodei, placing its two most advanced AI models, Fable 5 and Mythos 5, under the scope of export controls.

TradingKey - From June 5 to 8, 2026, NVIDIA CEO Jensen Huang conducted a four-day visit to South Korea, meeting with the heads of SK Group, Hyundai Motor, LG Group, and other major corporations. He announced that the next-generation High Bandwidth Memory (HBM4) has been certified by the three major memory chip manufacturers and signed a multi-year technical cooperation agreement with SK Hynix.

TradingKey - On June 12, Eastern Time, SpaceX officially debuted on the Nasdaq Stock Market. The stock closed up 19% on its first day of trading, with its closing market capitalization reaching $2.11 trillion, ranking it 6th in the U.S. stock market by market value. This surge made Elon Musk the first individual in history to surpass a net worth of $1 trillion.

TradingKey - Over the past year, AI chips, cloud computing, data centers, and a handful of tech giants have propelled the Nasdaq and S&P 500 to continuous gains and repeated record highs. However, as an increasing amount of capital concentrates on the same AI narrative, the U.S. stock market has begun to exhibit typical bubble-like characteristics: high valuations, crowded trades, rising market concentration, and rapid capital expenditure expansion, while actual commercial returns still require time to be validated. Once the market begins to question the return on AI investment, index-level corrections could be more severe than typical sector rotations.

TradingKey - According to multiple sources, the U.S.-Iran peace agreement has entered its final sprint. Pakistan Prime Minister Shehbaz Sharif stated on the social media platform X on Friday that both sides have reached an agreement on the text of a final peace deal, noting that "peace has never been closer than it is today."

Tradingkey - The opening match of the 2026 FIFA World Cup will officially kick off on June 11, with the tournament running until July 19 across 16 cities in the United States, Canada, and Mexico. Investment banks Deutsche Bank and Goldman Sachs noted that the World Cup will serve as a major catalyst for various consumer, media, and betting stocks, particularly generating clear incremental earnings growth in sectors such as tourism, catering, and sports betting.

TradingKey - On June 12 (ET), investor sentiment was ignited by SpaceX's successful listing and the prospect of a peace agreement between the U.S. and Iran, driving the three major U.S. indices to rise for a second consecutive session. At the close, the Dow Jones Industrial Average rose 0.70% to 51,202.26; the S&P 500 gained 0.50% to 7,431.46; and the Nasdaq Composite added 0.31% to 25,888.84.

• SpaceX IPO caused divestment from PL stock. • PL reported strong Q1 2027 earnings but faces net loss concerns. • Insider selling and mixed analyst ratings add to cautious sentiment.

• Rivian began customer deliveries for its R2 mid-size SUV. • R2 is projected to be gross margin positive per unit. • Analysts maintain "Buy" ratings and favorable price targets for RIVN.

• Growing lithium demand from electric vehicles drives Albemarle. • Analyst upgrades and earnings estimate revisions boost Albemarle. • Cost savings and portfolio adjustments enhance Albemarle's profitability.

• BHP stock rose due to higher copper prices and market rally. • Copper significantly contributes to BHP's earnings and production. • Iron ore risks and analyst valuations caused intraday volatility.

• Roku stock surged on positive analyst commentary and price targets. • Q1 2026 results exceeded expectations, with strong platform revenue growth. • Product updates and streaming content expansion support positive outlook.

• Amkor Technology exceeded Q1 2026 expectations with record revenue. • Advanced packaging for AI/HPC drives strategic growth. • US facility expansion benefits from CHIPS Act incentives.

• Arista Networks stock rose due to analyst upgrades and new AI networking products. • Arista launched new 1.6T networking platforms for rack-scale AI infrastructure. • First quarter results exceeded expectations, with an optimistic full-year revenue outlook.

• Viavi Solutions will join S&P MidCap 400 index June 22, 2026. • Analysts reaffirmed buy ratings and increased price objectives for Viavi. • Viavi launched AI suite, GNSS oscillator, and partnered for 5G NTS testing.

• Applovin's Q1 2026 earnings surpassed expectations with optimistic Q2 guidance. • Axon platform opening to public, AI solutions drive strong EBITDA margins. • Analysts maintain positive ratings, price targets, and see competitive advantage.

• Amazon plans $200 billion capital expenditure for AI infrastructure by 2026. • Regulatory scrutiny includes EU cloud procurement and FTC antitrust trial. • Macroeconomic factors like Fed policy and inflation pressure Amazon.

• SpaceX IPO concerns led to capital rotation from ASTS. • Analyst downgrades and price target cuts pressured ASTS. • Q1 earnings miss and insider selling hurt ASTS's sentiment.