On Tuesday, the top stock by trading volume was SpaceX, which closed up 4.83% with a turnover of $66.496 billion. The stock has gained for three consecutive days since its Nasdaq debut, rising nearly 50% from its opening price. It closed Tuesday at $201.8, a gain of $9.3, bringing its market capitalization to $2.64 trillion.
During Tuesday's session, SpaceX's market value briefly surpassed that of Amazon.com and Microsoft, propelling it into the ranks of the world's top five most valuable companies just days after its IPO. Options trading for SpaceX also officially commenced on Tuesday, providing investors with another avenue to bet on the newly listed stock's prospects. At one point, the intraday trading volume for SpaceX shares exceeded $34 billion, which was several times the combined turnover of NVIDIA, Microsoft, Tesla Motors, and Apple.
The third-highest volume stock was Micron Technology, which closed down 6.18% with a turnover of $47.104 billion.
Ranked fifth by volume, NVIDIA closed down 2.37% with a turnover of $25.864 billion.
On June 15th local time, the US chip giant NVIDIA issued $25 billion in corporate bonds, marking its first appearance in the public bond market since raising approximately $5 billion in June 2021. Over the past five years, NVIDIA has grown into a behemoth with a market capitalization exceeding $5 trillion, largely due to its dominant position in the AI chip sector.
Ranked sixth by volume, SanDisk closed down 5.52% with a turnover of $19.409 billion.
The seventh-highest volume stock was Marvell Technology, which fell 9.78% with a turnover of $17.228 billion.
Ranked eighth by volume, Tesla Motors declined 1.58% with a turnover of $16.068 billion.
Autonomous driving technology supplier Mobileye Global announced plans to launch its own self-driving taxi (Robotaxi) service in the US. The company aims to deploy an initial fleet of 100 autonomous taxis in a major US city by 2027. Mobileye plans to expand its fleet to approximately 17,000 vehicles over the next five years.
Ranked thirteenth by volume, Apple closed up 0.95% with a turnover of $11.853 billion.
Apple plans to launch new camera-equipped AirPods by the end of 2027, alongside several other new products including a next-generation foldable phone and a special commemorative iPhone. These new AirPods will be Apple's first wearable device primarily focused on artificial intelligence, featuring a computer vision camera as a sensor to provide real-world visual information for Siri. Apple is also developing multiple next-generation chips using advanced process technologies for its future devices, with the first smart glasses potentially launching as early as the end of next year.
Ranked sixteenth by volume, Alphabet rose over 1% with a turnover of $9.083 billion.
On Tuesday, June 16th, Alphabet officially released Android 17 on its website, marking the latest major upgrade for the widely-used mobile operating system.
However, some of the most anticipated AI features will not be available for several more months. Alphabet stated that the initial updates will roll out first to Pixel devices, with other smartphone brands receiving the updates in the coming months.
Android 17 introduces several improvements covering multitasking, social media video creation, and gaming, while also laying the groundwork for agentic AI capabilities set to launch later this year.
Nevertheless, many of Android 17's most eye-catching new features—including Gemini Intelligence, a redesigned Emoji set, smarter voice input, and the "Vibe Coding" widget—will be rolled out in phases starting this summer.
Comments