Analysis

TradingKey - SpaceX stock trades near $156 after a $25 billion bond offering attracted $89 billion in demand. With the bridge-loan risk removed and RSI oversold, investors are assessing whether SPCX's 31% pullback has gone too far.

TradingKey - On June 24, Eastern Time, in U.S. pre-market trading, the three major stock index futures rose across the board. As of press time, Dow futures were up 0.06%, Nasdaq 100 futures rose 0.52%, and S&P 500 futures rose 0.27%.

TradingKey - IBM stock rebounds to $264 after a ServiceNow AI partnership and OpenAI-linked security launch. With a $12.5 billion AI backlog and EMA50 resistance at $267, investors are watching for a breakout toward $280.

TradingKey - Global memory chip giant Micron Technology (MU) is about to release its fiscal Q3 2026 earnings report, while capital market sentiment has already turned tense in advance. Just the previous day, Micron's stock price suffered a sharp decline of 13.2%, but today's pre-market trading showed the stock rising 4.66% to $1,100.

TradingKey - During the Asian trading session on June 24, SK Hynix officially submitted a securities registration statement to South Korea's Financial Supervisory Service, initiating the listing process for its American Depositary Receipts (ADRs) on Nasdaq. SK Hynix plans to raise up to 45 trillion won (approximately $29 billion) through the ADR issuance, with the proceeds to be used for domestic capacity expansion and the procurement of key equipment in South Korea.

TradingKey - On June 24, Eastern Time, ASML and the Netherlands Organisation for Applied Scientific Research (TNO) announced a partnership to jointly advance the industrialization of photonic integrated circuits. The two parties will engage in technical collaboration centered around TNO's photonic chip pilot line constructed at the High Tech Campus Eindhoven.

TradingKey — On June 23, Eastern Time, AI chipmaker Cerebras Systems (CBRS) released its first post-IPO earnings report. Despite revenue figures significantly beating expectations, bleak earnings guidance dragged its stock down sharply in after-hours trading.

TradingKey - On June 24, Eastern Time, according to four people familiar with the matter, Qualcomm (QCOM) is in talks with ByteDance regarding custom chip design services. If negotiations succeed, ByteDance will become an early customer of Qualcomm's chip design services business.

TradingKey - On Tuesday (June 23) Eastern Time, dragged down by the collapse of the semiconductor sector in the South Korean stock market, US tech stocks experienced a notable pullback, particularly exerting a direct sentiment transmission on US memory chip and AI hardware chains.

A tech-led rout dragged down the Nasdaq by 2.21% as global memory stock sell-offs, Nvidia Rubin production fears, and high AI infrastructure costs weighed heavily on investors.

TradingKey - On June 23, Eastern Time, with the core PCE inflation data and Micron's earnings report imminent, the market opted for a sell-off to wait and see, sending the three major indices lower. QQQ plunged over 3%, with memory and chip stocks leading the declines. At the close, the Dow Jones Industrial Average fell 0.09% to 51,666.84 points; the Nasdaq Composite Index slid 2.21% to 25,587.04 points; and the S&P 500 Index dropped 1.44% to 73,665.46 points.

TradingKey - Following the Trump administration's earlier plan to allocate $2 billion to nine quantum computing companies in exchange for equity stakes, the latest reports confirm that US President Trump has signed two major executive orders in the quantum computing sector. Driven by the policy news, quantum concept stocks bucked the broader market trend to rise today, with Arqit Quantum (ARQQ) surging 36.32% and Quantinuum (QNT) gaining 14.91%.

TradingKey - Anthropic officially launched its new AI agent product, Claude Tag, on Tuesday within Salesforce-owned office communication app Slack, deepening its expansion in the enterprise market—a segment that has now become a core competitive arena for AI startups. Anthropic previously offered its Claude service within Slack, but with relatively limited functionality.

TradingKey - According to Bloomberg, SpaceX's debut bond offering in the US investment-grade market has met with overwhelming demand. The five-tranche bond issuance attracted a total of $89 billion in orders, representing an oversubscription rate of more than four times, ranking it among the largest

TradingKey - SpaceX (SPCX) plummeted 16.43% yesterday following its bond issuance, and briefly dipped below its initial price of $150 in pre-market trading today. However, amid a widespread sell-off in tech stocks, SpaceX bucked the trend to rise over 3%. As of press time, it remained up 2.04% at $157.75. Following the short-term plunge triggered by bond issuance rumors, SpaceX's stock price has staged a recovery, essentially reflecting the market's perception of the financing shifting from "liquidity panic" back to rational pricing.

TradingKey - As geopolitical conflicts eased significantly, tech stocks suffered a sell-off, dragging down market sentiment. Under the traditional macroeconomic analysis framework, falling oil prices typically correspond to the easing of inflationary pressures and a recovery in market risk appetite, which theoretically should provide positive support to the stock market. However, the market failed to see the expected rebound. As of press time, the three major U.S. stock indexes declined across the board: the Dow Jones Industrial Average rose 0.01% to 51,717.81 points; the Nasdaq Composite Index fell 1.32% to 25,822.07 points; and the S&P 500 Index fell 0.88% to 74,070.05 points.

TradingKey - After the market close on June 23, ET, AI chipmaker Cerebras Systems (CBRS) will release its first quarterly earnings report since going public. This marks a transition for the company, widely seen as a potential challenger to Nvidia, from its IPO-stage narrative to the verification of its actual operational capabilities.

TradingKey - SpaceX stock fell 16.4% after filing a $20 billion bond deal despite disclosing $100.8 billion in cash. SPCX is now down 31% from its high as options trading and xAI losses weigh on sentiment.

Already, the company is recording double-digit top line, which indicates the momentum has kicked off. The backside of this bullish perspective is that if AI-capex stumbles, this may hit ASML’s sales, which may limit my earnings projections.

TradingKey - On June 23, Eastern Time, the three major U.S. stock index futures fell collectively in premarket trading. As of press time, Dow futures (YM) fell 0.48%, S&P 500 futures (ES) dropped 1.32%, and Nasdaq 100 futures (NQ) slid 2.70%, shedding over 800 points.