Nvidia-Linked Stocks Mostly Rise With SoundHound AI up 6%

TradingKey - On Wednesday (September 23) Eastern Time, futures tied to the three major U.S. stock indexes edged up in pre-market trading. Diplomatic mediation in the Middle East and the restoration of a key Saudi oil pipeline kept international oil prices below $100 per barrel, temporarily easing energy inflation concerns. Meanwhile, investors are awaiting the summit between Chinese and U.S. leaders and the preliminary U.S. September PMI data, while a strengthening U.S. dollar and the risk of further Federal Reserve rate hikes continue to cap market gains.

Micron has held firmly above the $1,000 mark, with Citi expecting the stock to challenge all-time highs and raising its price target to $1,300.

TradingKey - At the close on September 22, Eastern Time, SpaceX (SPCX) shares rose approximately 1.9% to close at $154.72, ending a two-day losing streak. However, in after-hours and overnight trading, news that President and Chief Operating Officer Gwynne Shotwell filed stock sale disclosures weighed on market sentiment, causing SPCX to tick slightly lower overnight.

TradingKey - Meta Platforms (META) will host its annual developer conference, Meta Connect 2026, in Menlo Park, California, from September 23 to 24. CEO Mark Zuckerberg will deliver the keynote address on September 23 at 4:00 PM PT, with developer-focused sessions taking place the following day.

Meta Platforms (META) will hold its annual product event, Meta Connect 2026, from September 23 to 24 local time. As the company expands the focus of Connect from VR to AI, AR, smart glasses, and the metaverse, the market expects this year's conference to highlight hardware iterations and advancements in its AI strategy.