Analysis

TradingKey - In early U.S. trading, SpaceX (SPCX) extended its losses from the previous session, dropping more than 7% intraday. As of press time, it was down 6.46% at $179.43, bringing its two-day decline to over 10%. With its latest market capitalization reaching 2.36 trillion yuan, it is the sixth-largest company in the U.S., trailing only Amazon. According to market sources, SpaceX and Tesla (TSLA) may merge to create a tech behemoth spanning rockets, artificial intelligence, satellites, electric vehicles, robotics, energy, and social media.

Micron Technology rose another 5% today, once again approaching its all-time high, as numerous investment banks remain bullish on the stock reaching new heights.

Tradingkey - SpaceX (SPCX) is beginning to show signs of cooling down after its strong post-listing rally. Yesterday (June 17), SPCX recorded its first full-session decline since listing, with its share price closing down 4.95% at $191.82, after hitting an intraday low of $187—a pullback of approximately 15% from its previous peak of $225.64. In pre-market trading today, SPCX continued to weaken, slipping over 3% at one point. This indicates that short-term profit-taking is accelerating, and market sentiment has shifted from the previous one-sided chasing of gains to growing divergence.

TradingKey - Marvell MRVL at $297.30, clearing EMA50 in ascending channel. Q1 FY2027: $2.418B revenue +28%, Data Center $1.833B. FY2028 guidance raised to $16.5B. RSI 55.31 neutral-bullish. Target $317.45.

TradingKey - As SpaceX (SPCX) lists on Nasdaq, an unprecedented retail investing frenzy is sweeping Wall Street. According to the latest data from Vanda Research, net retail purchases of the stock reached as high as $369.8 million in the first three trading days following its debut.

TradingKey - On Thursday Eastern Time, futures on the three major US stock indexes rose in unison in pre-market trading, as market sentiment recovered significantly from the previous trading session. Although Federal Reserve Chairman Kevin Warsh struck a hawkish tone after his first policy meeting, prompting the market to reprice the risk of rate hikes this year, an interim agreement signed between the US and Iran and improved shipping expectations in the Strait of Hormuz continued to weigh on international oil prices, easing concerns over energy inflation and boosting risk appetite for tech stocks.

TradingKey - SpaceX SPCX at $191.82 after announcing a $60B all-stock acquisition of Cursor-maker Anysphere just 6 days post-IPO. Morningstar cut fair value to $62. August float unlock looms. RSI 46–47 neutral.

Nebius shares rose over 5% but have yet to break through the $300 mark, warranting caution over pullback risks.

TradingKey - U.S. President Trump made a blockbuster announcement on his personal social media platform Truth Social on Thursday, declaring that Apple (AAPL) has officially reached a partnership agreement with Intel (INTC) to jointly conduct chip design and manufacturing operations domestically in the United States. Following the news, Intel shares surged over 9% in pre-market trading.

Cathie Wood bought Coinbase low and sold Robinhood high, precisely capturing the inverse stock price movements of the two.

TradingKey - On June 18, Eastern Time, European private equity firm EQT announced the acquisition of Berlin-based satellite launch service provider Exolaunch, with the transaction value undisclosed. On the same day, the Financial Times reported that EQT has reached an agreement to acquire British testing and certification company Intertek in a deal valued at approximately £10.6 billion.

TradingKey - During the Asian session today (June 18), gold prices (XAU/USD) maintained an intraday rebound, boosted by positive news regarding the potential early signing of a US-Iran agreement. This recovered most of the losses from Wednesday's plunge triggered by the Federal Reserve's hawkish stance, with intraday prices rebounding from Wednesday's low of $4,219 to $4,329.9 at one point. On the technical front, $4,360 represents a key near-term resistance for bulls; only a breakthrough above this level can open up further upside for gold prices.

TradingKey - According to a Wall Street Journal report, Apple CEO Tim Cook admitted in an interview that as memory and flash memory prices continue to rise, it has become difficult for the company to fully absorb the costs, making future product price increases "inevitable."

TradingKey - During the Asian trading session on June 18, Japanese and South Korean stock markets hit historic milestones. The Nikkei 225 Index closed up 1.65% at 71,053.44, crossing the 71,000 mark for the first time. South Korea's KOSPI Index breached 9,000 points intraday and closed at 9,063.84, up 2.25%. Memory chip giant SK Hynix surged over 7% to hit a new record high, driven by news of its HBM4E sampling.

The Federal Reserve's hawkish signals have triggered major turmoil in the cryptocurrency market, and Bitcoin may retest the $60,000 level in the short term.

TradingKey - During the Asian trading session on June 18, South Korea's KOSPI Index broke above the key 9,000-point level for the first time in history, rising over 1.5% intraday, with its year-to-date cumulative gains now exceeding 110%.

TradingKey - On Wednesday, June 17 (Eastern Time), the Federal Reserve decided to keep the federal funds rate unchanged, marking the FOMC's fourth pause since 2026. This was the debut FOMC meeting for the Fed's new Chair, Kevin Warsh. The post-meeting statement was extremely brief, consisting of only three paragraphs and approximately 114 words.

TradingKey - On June 18, Seoul time, SK hynix announced that it has supplied samples of 12-layer stacked HBM4E to major customers. The company stated that, leveraging the development capabilities and mass production experience accumulated from previous generations of HBM, the sample delivery is progressing as planned. Moving forward, it will work closely with customers to ensure timely mass production.

TradingKey - On Wednesday Eastern Time, US media outlet Axios, citing two US officials, reported that the United States and Iran have remotely signed a memorandum of understanding aimed at ending the war and opening the Strait of Hormuz, with the agreement now in effect.

TradingKey - On June 17, Eastern Time, the Federal Reserve’s dot plot sent a strongly hawkish signal. Renewed expectations of interest rate hikes weighed on the market, causing all three major indices to decline, with the Nasdaq falling for the second consecutive day.