U.S. stock market opens; SpaceX (SPCX.O) rises 9%, market cap surpasses Amazon’s
TechFlow News, June 16: According to Bitget market data, U.S. equities opened with the Dow Jones Industrial Average up 0.08%, the S&P 500 index nearly flat, and the Nasdaq Composite down 0.17%. SpaceX (SPCX.O) surged 9%, surpassing Amazon in market capitalization to become the fifth-largest company in the United States by market value.
U.S. semiconductor and memory stocks showed divergent performance: Marvell Technology (MRVL.O) fell 2.16%; NVIDIA (NVDA) declined 0.95%; Intel (INTC) dropped 1.42%; Advanced Micro Devices (AMD) fell 0.42%; Broadcom (AVGO) declined 0.78%; Qualcomm (QCOM) rose 3.01%; Seagate Technology (STX) gained 3.85%; Western Digital (WDC) increased 6.31%; and SanDisk (SNDK) rose 1.41%.
Additionally, crypto-related stocks posted mixed results: MicroStrategy (MSTR) fell 0.85%; Coinbase (COIN) edged up 0.01%; Circle (CRCL) declined 1.15%; and SharpLink Gaming (SBET) dipped 0.07%.
