Here, we will introduce stocks that are attracting attention in intraday trading. SpaceX — Elon Musk’s space company soared after listing on the Nasdaq, opening at $150 per share. Initially, signs of interest suggested the stock could open at $175, which is still higher than the opening price of $135 per share. The stock price had recently risen about 20%. Space stocks — The group fell, reversing earlier gains. Rocket Lab stock fell 10%, and AST Space Mobile stock fell 14%. Redwire stock also fell 11%. Shares of Ecostar, which owns SpaceX stock, fell about 13%. CoreWeave, Astera Labs — Nasdaq announced it will add five new companies to the Nasdaq 100 starting June 22 as part of its quarterly rebalancing. CoreWeave stock rose 9%, and Astera Labs stock rose almost 4%. Shares of Nevius Group and Teradyne rose nearly 6%. Rocket Lab will also be added to the tech stock index. Chip stocks — Stocks of semiconductor companies rose, extending the recent rally in chip stocks. The VanEck Semiconductor ETF (SMH) was last up about 2%, while Seagate Technology and Western Digital shares were up about 6% each. Arm’s stock price soared about 11%. Woodside Energy Group — Shares in the Australian oil and gas company rose more than 7% after Bloomberg News reported, citing people familiar with the matter, that Exxon Mobil is considering potential acquisition targets including Woodside. Charles Schwab — Shares rose more than 3% after the financial services giant announced core new net assets reached $49.9 billion last month, a 43% increase from a year earlier and a record for May. According to the company, the average number of daily transactions also reached a record high of 11.8 million. Adobe — The software giant’s stock fell more than 7% after the company announced non-GAAP operating margin for its fiscal second quarter of 44%, below expectations of 44.5%, according to LSEG. The company also announced that Chief Financial Officer Dan Dunn will be retiring effective June 15 to pursue new opportunities. However, Adobe did record an overall improvement in both revenue and bottom line in the final quarter. Lennar — Homebuilding stocks fell 4% after second-quarter sales of $7.94 billion fell short of analysts’ expectations of $8.02 billion, according to LSEG. The number of deliveries for the quarter was also 20,519, lower than the forecast of 20,541. Renner’s earnings per share were $1.24, in line with expectations. AMD — The chipmaker’s stock rose 5% after being upgraded to Buy from Neutral by Citi. The bank said AMD could take some market share from Nvidia in the graphics processing unit space, boosting the company’s earnings. Energy Stocks — Energy stocks rose as the U.S. and Iran offered conflicting explanations for the draft deal. The State Street Energy Select Sector SPDR ETF (XLE) rose 1%. Shares of OneOK and Williams both recently rose 2%. But oil prices have fallen, with West Texas Intermediate crude oil futures down 3% in recent trading. Travel stocks — Travel stocks rose as oil prices fell. United Airlines stock rose nearly 2% and Delta Air Lines stock rose 1%. Shares of cruise lines Carnival and Royal Caribbean rose 2% and 1%, respectively. RH — The home furnishings company expects sales growth of 0.5% to 2.5% for the current quarter, below the 4.3% estimate of analysts surveyed by LSEG. RH posted a narrower-than-expected adjusted loss last quarter, with higher sales. The stock price fell more than 6%. — Lisa Kailai Han and Nick Wells contributed reporting.
