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Sell other stocks to buy SpaceX?

Post-Bell | Nasdaq and S&P 500 Slip While Dow Hits Record Close; SpaceX Overtakes Amazon in Value; Chipmakers Halt Solid Run

01 Stock MarketThe U.S. major indexes closed as follows: Dow Jones up 0.64% at 51,999.67; S&P 500 fell 0.57% to 7,511.35; NASDAQ fell 1.15% to 26,376.34. An early advance in cyclical names helped the...

Post-Bell | Nasdaq and S&P 500 Slip While Dow Hits Record Close; SpaceX Overtakes Amazon in Value; Chipmakers Halt Solid Run

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An early advance in cyclical names helped the...","content":"<html><head></head><body><h2 id=\"id_3655110397\" style=\"text-align: left;\">01 Stock Market</h2>The U.S. major indexes closed as follows: Dow Jones up 0.64% at 51,999.67; S&amp;P 500 fell 0.57% to 7,511.35; NASDAQ fell 1.15% to 26,376.34. An early advance in cyclical names helped the Dow notch a gain, but heavy selling in technology and growth shares weighed on the broader benchmarks, leaving the S&amp;P 500 and NASDAQ in the red by the closing bell.Unusual-move stocks were dominated by chip and AI plays. Among the biggest movers, SpaceX (SPCX) rose 4.83% to $201.80, while leveraged semiconductor fund SOXL fell 16.99% to $226.19. Bearish counterpart SOXS jumped 17.22% to $4.63 as traders hedged against chip-sector weakness. Blue-chip chipmakers tumbled: Intel (INTC) fell 8.45% to $117.05, Advanced Micro Devices (AMD) declined 7.30% to $507.29, and NVIDIA (NVDA) slipped 2.37% to $207.41. Storage specialist Western Digital (WDC) gained 4.22% to $681.08, and cloud GPU provider CoreWeave (CRWV) surged 9.67% to $117.03. In megacap land, Apple (AAPL) added 0.95% to $299.24, whereas Tesla (TSLA) declined 1.58% to $404.66. Broadcom and Lumentum also faced sharp pullbacks, down 4.37% and 8.55%, respectively.Semiconductor volatility set the tone, while selective AI and storage names defied the downdraft. Profit-taking in high-flyers sent several chip leaders lower, prompting outsized moves in both bullish and bearish leveraged ETFs. At the same time, pockets of strength emerged in data-center hardware and AI infrastructure, underscoring the market’s ongoing rotation within technology subsectors.<img src=\"https://static.tigerbbs.com/ce519d9653d4eaa16fab716efd7dbec9\" title=\"\" tg-width=\"1080\" tg-height=\"1920\"/><h2 id=\"id_133536360\" style=\"text-align: left;\">02 Other Markets</h2>U.S. 10-year Treasury yield rose by 0.00%, latest at 4.43%.USD/CNH rose 0.03% to 6.81; USD/HKD fell 0.00% to 7.83.U.S. Dollar Index fell 0.02%, at 99.53.WTI crude futures rose 0.93% to 75.97 USD/bbl; COMEX gold futures were unchanged at 4,354.50 USD/oz.<h2 id=\"id_1561415585\" style=\"text-align: left;\">03 Top News</h2>1. SpaceX briefly surpassed Amazon’s market capitalization as its shares advanced amid surging options activity. The stock closed up 4.8%, lifting the company’s valuation to about $2.655 trillion. Frenzied demand for newly listed options contracts drove turnover to roughly $61 billion.2. Options on SpaceX shares launched with over 1 million contracts traded in their first day. Calls outpaced puts 1.7-to-1, amplifying speculative interest. Market-makers’ hedging activity contributed to pronounced swings in the underlying stock.3. SpaceX announced a $60 billion agreement to acquire AI coding startup Cursor’s parent Anysphere. The deal aims to integrate Cursor’s “Grok”-powered coding agent into SpaceX’s xAI division, expanding its enterprise AI capabilities. Closing is targeted for the third quarter of 2026, subject to regulatory approvals.4. SpaceX recently secured cloud-services deals with Alphabet’s Google and Anthropic worth about $26 billion annually. The agreements include flexible 90-day termination clauses, allowing SpaceX to reclaim computing capacity quickly. The partnerships bolster the firm’s expanding AI infrastructure.5. Rackspace Technology sealed a multiyear partnership with AMD to deploy Instinct GPUs and EPYC CPUs across its AI data centers. The rollout will add 30 megawatts of computing power, with full deployment expected by 2028. Rackspace shares jumped 28% following the announcement.6. Advanced Micro Devices moved to acquire memory-optimization specialist MEXT to address rising component costs. The deal, disclosed alongside the Rackspace partnership, is expected to strengthen AMD’s position in AI hardware by improving memory efficiency. Financial terms were not disclosed.7. President Donald Trump said the Strait of Hormuz will be fully reopened to commercial shipping “before Friday,” easing oil-supply concerns. Brent crude briefly fell below $80 per barrel after the statement. Officials cautioned that complete normalization could still take weeks.8. The Reserve Bank of Australia kept its cash rate unchanged at 4.35%, maintaining a restrictive stance to tame inflation. Policymakers warned that further hikes remain possible if price pressures persist. The decision reflects caution amid a slowing domestic economy.9. The Bank of Japan raised its short-term policy rate to 1.0%, the highest level in three decades. The move marks the central bank’s second increase this year as it combats elevated import-driven inflation. Deputy Governor Shinichi Uchida is slated to provide additional guidance on policy direction.10. U.S. and Iranian negotiators advanced to a new phase of their preliminary peace framework, according to Washington. The agreement, reportedly signed online, aims to de-escalate regional tensions and could reduce geopolitical risk premiums in global energy markets. Details of implementation timelines remain under discussion.Sources: Reuters, Dow Jones, Tiger Newspress, public market data Disclaimer: This content is for reference only and does not constitute investment advice.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | Nasdaq and S&P 500 Slip While Dow Hits Record Close; SpaceX Overtakes Amazon in Value; Chipmakers Halt Solid Run</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | Nasdaq and S&P 500 Slip While Dow Hits Record Close; SpaceX Overtakes Amazon in Value; Chipmakers Halt Solid Run\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2026-06-17 08:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 id=\"id_3655110397\" style=\"text-align: left;\">01 Stock Market</h2>The U.S. major indexes closed as follows: Dow Jones up 0.64% at 51,999.67; S&amp;P 500 fell 0.57% to 7,511.35; NASDAQ fell 1.15% to 26,376.34. An early advance in cyclical names helped the Dow notch a gain, but heavy selling in technology and growth shares weighed on the broader benchmarks, leaving the S&amp;P 500 and NASDAQ in the red by the closing bell.Unusual-move stocks were dominated by chip and AI plays. Among the biggest movers, SpaceX (SPCX) rose 4.83% to $201.80, while leveraged semiconductor fund SOXL fell 16.99% to $226.19. Bearish counterpart SOXS jumped 17.22% to $4.63 as traders hedged against chip-sector weakness. Blue-chip chipmakers tumbled: Intel (INTC) fell 8.45% to $117.05, Advanced Micro Devices (AMD) declined 7.30% to $507.29, and NVIDIA (NVDA) slipped 2.37% to $207.41. Storage specialist Western Digital (WDC) gained 4.22% to $681.08, and cloud GPU provider CoreWeave (CRWV) surged 9.67% to $117.03. In megacap land, Apple (AAPL) added 0.95% to $299.24, whereas Tesla (TSLA) declined 1.58% to $404.66. Broadcom and Lumentum also faced sharp pullbacks, down 4.37% and 8.55%, respectively.Semiconductor volatility set the tone, while selective AI and storage names defied the downdraft. Profit-taking in high-flyers sent several chip leaders lower, prompting outsized moves in both bullish and bearish leveraged ETFs. At the same time, pockets of strength emerged in data-center hardware and AI infrastructure, underscoring the market’s ongoing rotation within technology subsectors.<img src=\"https://static.tigerbbs.com/ce519d9653d4eaa16fab716efd7dbec9\" title=\"\" tg-width=\"1080\" tg-height=\"1920\"/><h2 id=\"id_133536360\" style=\"text-align: left;\">02 Other Markets</h2>U.S. 10-year Treasury yield rose by 0.00%, latest at 4.43%.USD/CNH rose 0.03% to 6.81; USD/HKD fell 0.00% to 7.83.U.S. Dollar Index fell 0.02%, at 99.53.WTI crude futures rose 0.93% to 75.97 USD/bbl; COMEX gold futures were unchanged at 4,354.50 USD/oz.<h2 id=\"id_1561415585\" style=\"text-align: left;\">03 Top News</h2>1. SpaceX briefly surpassed Amazon’s market capitalization as its shares advanced amid surging options activity. The stock closed up 4.8%, lifting the company’s valuation to about $2.655 trillion. Frenzied demand for newly listed options contracts drove turnover to roughly $61 billion.2. Options on SpaceX shares launched with over 1 million contracts traded in their first day. Calls outpaced puts 1.7-to-1, amplifying speculative interest. Market-makers’ hedging activity contributed to pronounced swings in the underlying stock.3. SpaceX announced a $60 billion agreement to acquire AI coding startup Cursor’s parent Anysphere. The deal aims to integrate Cursor’s “Grok”-powered coding agent into SpaceX’s xAI division, expanding its enterprise AI capabilities. Closing is targeted for the third quarter of 2026, subject to regulatory approvals.4. SpaceX recently secured cloud-services deals with Alphabet’s Google and Anthropic worth about $26 billion annually. The agreements include flexible 90-day termination clauses, allowing SpaceX to reclaim computing capacity quickly. The partnerships bolster the firm’s expanding AI infrastructure.5. Rackspace Technology sealed a multiyear partnership with AMD to deploy Instinct GPUs and EPYC CPUs across its AI data centers. The rollout will add 30 megawatts of computing power, with full deployment expected by 2028. Rackspace shares jumped 28% following the announcement.6. Advanced Micro Devices moved to acquire memory-optimization specialist MEXT to address rising component costs. The deal, disclosed alongside the Rackspace partnership, is expected to strengthen AMD’s position in AI hardware by improving memory efficiency. Financial terms were not disclosed.7. President Donald Trump said the Strait of Hormuz will be fully reopened to commercial shipping “before Friday,” easing oil-supply concerns. Brent crude briefly fell below $80 per barrel after the statement. Officials cautioned that complete normalization could still take weeks.8. The Reserve Bank of Australia kept its cash rate unchanged at 4.35%, maintaining a restrictive stance to tame inflation. Policymakers warned that further hikes remain possible if price pressures persist. The decision reflects caution amid a slowing domestic economy.9. The Bank of Japan raised its short-term policy rate to 1.0%, the highest level in three decades. The move marks the central bank’s second increase this year as it combats elevated import-driven inflation. Deputy Governor Shinichi Uchida is slated to provide additional guidance on policy direction.10. U.S. and Iranian negotiators advanced to a new phase of their preliminary peace framework, according to Washington. The agreement, reportedly signed online, aims to de-escalate regional tensions and could reduce geopolitical risk premiums in global energy markets. Details of implementation timelines remain under discussion.Sources: Reuters, Dow Jones, Tiger Newspress, public market data Disclaimer: This content is for reference only and does not constitute investment advice.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106254754","content_text":"01 Stock MarketThe U.S. major indexes closed as follows: Dow Jones up 0.64% at 51,999.67; S&P 500 fell 0.57% to 7,511.35; NASDAQ fell 1.15% to 26,376.34. An early advance in cyclical names helped the Dow notch a gain, but heavy selling in technology and growth shares weighed on the broader benchmarks, leaving the S&P 500 and NASDAQ in the red by the closing bell.Unusual-move stocks were dominated by chip and AI plays. Among the biggest movers, SpaceX (SPCX) rose 4.83% to $201.80, while leveraged semiconductor fund SOXL fell 16.99% to $226.19. Bearish counterpart SOXS jumped 17.22% to $4.63 as traders hedged against chip-sector weakness. Blue-chip chipmakers tumbled: Intel (INTC) fell 8.45% to $117.05, Advanced Micro Devices (AMD) declined 7.30% to $507.29, and NVIDIA (NVDA) slipped 2.37% to $207.41. Storage specialist Western Digital (WDC) gained 4.22% to $681.08, and cloud GPU provider CoreWeave (CRWV) surged 9.67% to $117.03. In megacap land, Apple (AAPL) added 0.95% to $299.24, whereas Tesla (TSLA) declined 1.58% to $404.66. Broadcom and Lumentum also faced sharp pullbacks, down 4.37% and 8.55%, respectively.Semiconductor volatility set the tone, while selective AI and storage names defied the downdraft. Profit-taking in high-flyers sent several chip leaders lower, prompting outsized moves in both bullish and bearish leveraged ETFs. At the same time, pockets of strength emerged in data-center hardware and AI infrastructure, underscoring the market’s ongoing rotation within technology subsectors.02 Other MarketsU.S. 10-year Treasury yield rose by 0.00%, latest at 4.43%.USD/CNH rose 0.03% to 6.81; USD/HKD fell 0.00% to 7.83.U.S. Dollar Index fell 0.02%, at 99.53.WTI crude futures rose 0.93% to 75.97 USD/bbl; COMEX gold futures were unchanged at 4,354.50 USD/oz.03 Top News1. SpaceX briefly surpassed Amazon’s market capitalization as its shares advanced amid surging options activity. The stock closed up 4.8%, lifting the company’s valuation to about $2.655 trillion. Frenzied demand for newly listed options contracts drove turnover to roughly $61 billion.2. Options on SpaceX shares launched with over 1 million contracts traded in their first day. Calls outpaced puts 1.7-to-1, amplifying speculative interest. Market-makers’ hedging activity contributed to pronounced swings in the underlying stock.3. SpaceX announced a $60 billion agreement to acquire AI coding startup Cursor’s parent Anysphere. The deal aims to integrate Cursor’s “Grok”-powered coding agent into SpaceX’s xAI division, expanding its enterprise AI capabilities. Closing is targeted for the third quarter of 2026, subject to regulatory approvals.4. SpaceX recently secured cloud-services deals with Alphabet’s Google and Anthropic worth about $26 billion annually. The agreements include flexible 90-day termination clauses, allowing SpaceX to reclaim computing capacity quickly. The partnerships bolster the firm’s expanding AI infrastructure.5. Rackspace Technology sealed a multiyear partnership with AMD to deploy Instinct GPUs and EPYC CPUs across its AI data centers. The rollout will add 30 megawatts of computing power, with full deployment expected by 2028. Rackspace shares jumped 28% following the announcement.6. Advanced Micro Devices moved to acquire memory-optimization specialist MEXT to address rising component costs. The deal, disclosed alongside the Rackspace partnership, is expected to strengthen AMD’s position in AI hardware by improving memory efficiency. Financial terms were not disclosed.7. President Donald Trump said the Strait of Hormuz will be fully reopened to commercial shipping “before Friday,” easing oil-supply concerns. Brent crude briefly fell below $80 per barrel after the statement. Officials cautioned that complete normalization could still take weeks.8. The Reserve Bank of Australia kept its cash rate unchanged at 4.35%, maintaining a restrictive stance to tame inflation. Policymakers warned that further hikes remain possible if price pressures persist. The decision reflects caution amid a slowing domestic economy.9. The Bank of Japan raised its short-term policy rate to 1.0%, the highest level in three decades. The move marks the central bank’s second increase this year as it combats elevated import-driven inflation. Deputy Governor Shinichi Uchida is slated to provide additional guidance on policy direction.10. U.S. and Iranian negotiators advanced to a new phase of their preliminary peace framework, according to Washington. The agreement, reportedly signed online, aims to de-escalate regional tensions and could reduce geopolitical risk premiums in global energy markets. Details of implementation timelines remain under discussion.Sources: Reuters, Dow Jones, Tiger Newspress, public market data Disclaimer: This content is for reference only and does not constitute investment advice.","news_type":1,"symbols_score_info":{".SPX":1,".IXIC":1,".DJI":1}},"isVote":1,"tweetType":1,"viewCount":1,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":27,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}