Today’s Market Recap: U.S. Stocks Rally, Memory Chip Stocks Surge; SpaceX Jumps Nearly 20%, Oil Plunges 5%

The U.S. Vice President stated that the Strait of Hormuz will remain “open for free passage for the long term,” while Iran responded that it will charge shipping fees; nuclear talks and the lifting of sanctions are set to begin within 60 days. G7 allies are not optimistic about the timeline for reopening the strait; a senior U.S. official noted that a noticeable increase in shipping traffic may take two weeks, and a return to pre-war levels will take even longer. On June 15–16 (after U.S. market hours), Iranian media reported explosions heard south of Qeshm Island in the Strait of Hormuz region, marking the latest round of skirmishes.

SpaceX’s underwriters formally exercised the over-allotment option for the IPO, raising $85.7 billion in net proceeds after underwriting fees, continuing to break global IPO records. The underwriting syndicate (including Goldman Sachs and Morgan Stanley) has the option to purchase an additional 83.3 million shares under the greenshoe option.

NVIDIA（NVDA） plans to raise $25 billion through an investment-grade bond offering. Subscription demand exceeded the proposed offering size by more than three times, with sources revealing that total subscriptions reached as high as $85 billion. The bonds were issued in seven tranches with maturities ranging from 2 to 30 years, with the longest-term bond priced at a yield approximately 0.65 percentage points higher than U.S. Treasury yields.

Fox plans to acquire streaming platform Roku for $160 per share, totaling approximately $22 billion, using a cash-and-stock structure, with $12 billion funded through a bridge financing arrangement provided by Morgan Stanley. Fox’s news and sports content libraries, along with its free streaming platform Tubi, will complement Roku’s hardware devices and proprietary channels, covering the entire industry chain from end-user devices to content operations and advertising monetization. Fox CEO Lachlan Murdoch called this a “defining moment” for the company and expects Tubi and Roku channels to operate synergistically following the completion of the transaction.

The table below lists the ten most actively traded stocks on Monday. With their massive trading volume and excellent liquidity, these assets have become key indicators for tracking global market trends.