US stocks open, SpaceX falls 10.5%
TechFlow News, August 05, according to Bitget market data, US stocks opened, Dow Jones rose 0.33%, S&P 500 rose 0.56%, Nasdaq rose 0.39%. SpaceX (SPCX.O) fell 10.5%, sparking concerns over its surge in AI spending. AMD (AMD.O) fell 7%, due to poor Q2 results and outlook. Shopify (SHOP.N) rose 20%. Gold once stood above $4200 during the session, Harmony Gold (HMY.N) rose 7.5%, Gold Fields (GFI.N) rose 8.3%. Storage concept stocks fell slightly.
Semiconductor and storage sectors mixed, including: Marvell Technology (MRVL.O) fell 1.18%; NVIDIA (NVDA) rose 3.27%; Intel (INTC) fell 0.93%; AMD (AMD) fell 6.67%; Broadcom (AVGO) rose 1.92%; Qualcomm (QCOM) fell 1.82%; Seagate Technology (STX) rose 0.90%; Western Digital (WDC) rose 0.65%; SanDisk (SNDK) fell 1.27%; SK Hynix (SKHY.O) fell 1.54%.
Additionally, crypto concept stocks generally fell, including: MicroStrategy (MSTR) fell 0.73%; Coinbase (COIN) fell 0.87%; Circle (CRCL) fell 4.55%; BitMine Immersion (BMNR) fell 1.38%; SharpLink Gaming (SBET) fell 2.22%.
