On July 17, SpaceX (SPCX.O) saw its stock price decline by 38% from its peak, resulting in a market value loss of approximately $1 trillion from its peak.
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SpaceX's Market Value Drops by Nearly $1 Trillion
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US Central Command: No US Troops Captured or Killed Recently
On July 17, the US Central Command stated that Iranian forces claimed to have attacked US troops stationed in Syria's Tanf and captured or killed American soldiers during the incident. This claim is false, and there have been no US personnel killed or captured in the region recently. (Jinshi) -
US Military Night Raid in Iran Destroys Multiple Bridges
On July 17, according to CCTV International News, a video filmed by residents of the port city of Hamir Port in Hormozgan Province, southern Iran, shows significant damage to the Kahureshtan Bridge due to a US military night airstrike, reportedly resulting in at least 4 deaths. -
Philadelphia Semiconductor Index Opens Down Over 3%
On July 17, the Philadelphia Semiconductor Index opened down 3.24% in the U.S. stock market. Among the component stocks, Nvidia's share price fell by 2.52%, TSMC's share price dropped by 4.77%, Broadcom's share price decreased by 1.92%, Micron Technology's share price declined by 2.78%, Advanced Micro Devices' share price was down by 4.02%, and ASML's share price fell by 2.74%. -
SK Hynix ADR (SKHY.O) Falls Below IPO Price of $149 for the First Time
SK Hynix ADR (SKHY.O) has fallen below its initial public offering price of $149 for the first time. -
Nasdaq 100 Index Drops Nearly 3% to Intraday Low
The Nasdaq 100 Index fell nearly 3% to an intraday low. -
U.S. Stock Indices Open Lower; Semiconductor Sector Continues Adjustment
All three major U.S. stock indices opened lower, with the Dow Jones Industrial Average down 1.03%, the S&P 500 down 1.19%, and the Nasdaq Composite down 1.80%. The semiconductor sector continues its adjustment. Nvidia's stock price fell by 2.07%, TSMC's stock price dropped by 4.49%, Broadcom's stock price decreased by 1.62%, SK Hynix's stock price declined by 2.33%, Micron Technology's stock price fell by 3.19%, Advanced Micro Devices' stock price dropped by 3.86%, ASML's stock price decreased by 2.46%, Intel's stock price fell by 3.69%, Lam Research's stock price dropped by 4.62%, and ARM's stock price declined by 4.77%. -
Philadelphia Semiconductor Index Falls Over 3%, Approaching Bear Market
The Philadelphia Semiconductor Index has fallen over 3%, approaching a bear market. -
Apple Reclaims Top Spot in Global Market Value, Surpassing Nvidia After 3 Months
On July 17, Nvidia's stock fell by 3.2%, further reducing its market value to approximately $4.86 trillion, while Apple's market value rose to about $4.90 trillion due to a recent strong rally. Apple has regained the position of the world's most valuable company. Notably, Apple's cumulative increase since the beginning of the year has reached 22.8%, with an 11.2% rise in the past 20 days, showing a significantly stronger performance than the market; Nvidia has been nearly flat over the past 20 days (-3%), indicating a clear short-term momentum weakness compared to Apple. This marks Apple's return to the top of the global market value rankings after several months. Market analysts point out that Apple's recent surge is boosted by expectations for the implementation of AI features, coupled with continued institutional buying, which has provided ongoing support for its stock price; Nvidia, on the other hand, is facing profit-taking pressure due to its high valuation. -
WTI Crude Oil Futures Rise by 3% to $80.68 per Barrel
On July 17, WTI crude oil futures increased by 3%, reaching $80.68 per barrel. -
IRGC Reiterates: No Oil Will Flow from the Middle East as Long as the U.S. Continues Its Actions
On July 17, the Iranian Revolutionary Guard Corps (IRGC) issued another statement: In response to the aggressive actions of the U.S. military, we targeted the special operations command center of U.S. forces at the Tanf military base in Syria, destroying a radar system and several helicopters used for special operations, resulting in casualties among U.S. personnel. Iran maintains full control over the Strait of Hormuz, and as long as U.S. aggression continues, not a drop of oil or gas will be exported through the region.
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