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.

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.

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) has fallen below its initial public offering price of $149 for the first time.

The Nasdaq 100 Index fell nearly 3% to an intraday low.

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%.

The Philadelphia Semiconductor Index has fallen over 3%, approaching a bear market.

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.

On July 17, WTI crude oil futures increased by 3%, reaching $80.68 per barrel.

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.