<div id="readability-page-1">Stocks are up off the mat midday, with the Dow Jones Industrial Average (DJIA) reclaiming 50,000. The beaten-down semiconductor sector is leading the rally, with iShares Semiconductor ETF (SMH) up 2.7% at last look. The Nasdaq Composite (IXIC) and S&amp;P 500 Index (SPX) are modestly higher as well, as investors brush off the latest Iran threats from President Donald Trump. Stubborn oil prices are keeping a cap on gains, with West Texas Intermediate (WTI) back above $90 per barrel. Wholesale prices rising above expectations for May is another overhang today, though the building buzz over SpaceX's initial public offering (IPO) tomorrow is enough of a boost for now. Continue reading for more on today's market, including: <ul> <li>Intel stock gets vaunted double upgrade.</li> <li>Uranium stock buzzing after encouraging update.</li> <li>Plus, two stocks drafting off SpaceX buzz; and Adobe sinks ahead of earnings.</li> </ul> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/june/mmc/mmc-stats-june-11.jpg/query-c2Z2cnNuPWQxODhiYzA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="774" height="463" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/june/mmc/mmc-stats-june-11.jpg/query-c2Z2cnNuPWQxODhiYzA2XzI"/> Options traders can't get enough of Virgin Galactic Holdings Inc (NYSE:SPCE) stock today. At last look, 119,000 calls have changed hands, volume that's double the average intraday amount and nearly quadruple the number of puts traded. The weekly 6/12 5-strike put is the most popular, while the 5- and 6-strike calls in the same weekly series are close behind. SPCE is up 16% to trade at $5.49, building momentum ahead of the SpaceX IPO. Velo3D Inc (NASDAQ:VELO) is near the top of the Nasdaq today, up 32% to trade at $30.13. The 3D printing and top stock pick of 2026 popped 16.7% yesterday after the company announced a partnership with Aurelia Technologies to advance next-gen gas turbine systems. SpaceX buzz is extending the rally. VELO is now up 119% in 2026, and earlier hit a two-year high of $30.44. <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/june/mmc/mmc-stock-chart-velo.jpg/query-c2Z2cnNuPTNlODliYzA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1000" height="336" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/june/mmc/mmc-stock-chart-velo.jpg/query-c2Z2cnNuPTNlODliYzA2XzI"/> Adobe Inc (NASDAQ:ADBE) stock is near the bottom of the Nasdaq, down 5.3% to trade at $220.82 and earlier falling to a nearly eight-year low of $220.17. Oracle's (ORCL) capex headwinds are impacting the software sector ahead of Adobe's trip in the earnings confessional after the close today. Year to date, ADBE is down 36%.</div>

ADBE

.DJI

VELO

US stocks rose cautiously, with the Dow reclaiming 50,000, driven by optimism surrounding SpaceX's upcoming IPO and gains in the semiconductor sector. Despite headwinds from stubborn oil prices above $90 and higher-than-expected wholesale prices, investor sentiment remained positive as threats from Iran were brushed off. Notable movers included Virgin Galactic and Velo3D surging on SpaceX buzz, while Adobe sank ahead of earnings.

- The Dow Jones Industrial Average recovers to 50,000, driven by a rally in the semiconductor sector with iShares Semiconductor ETF up 2.7%.  
- Stubborn oil prices and rising wholesale prices are concerns, although positivity around SpaceX's IPO boosts market sentiment.  
- Velo3D Inc soars 32% following a significant partnership, while Adobe Inc drops 5.3% amid sector challenges, reflecting a 36% year-to-date decline.

Schaeffers

Adobe

Dow Jones Industrial Average

Velo3D

Virgin Galactic

Leverage Shares 2X Long ADBE Daily ETF

SPDR S&P Semicon

SPDR Djia

Short Dow30 Pro

ARK Space Exploration & Innovation ETF

SPDR S&P Aerospace & Def

Invesco Aero & Defense ETF

Direxion Daily ADBE Bull 2X ETF

Huatai-PB CSI All Share Aviation & Aerospace ETF

ProShares Ultra Dow30 ETF

Pro UltrPro Dow30

ISHRS Aero & Def

Pro UltrPro Shrt Dow30

VanEck Semiconductor ETF

iShares Semiconductor ETF

Direxion Semicon Bull 3X

Invesco PHLX Semiconductor ETF

Invesco Semiconductors ETF

First Trust Nasdaq Food & Semicon

NASDAQ Composite Index

S&P 500

Intel

Oracle

VELO3D INC

VELO3D INC C/WTS 29/09/2026 (TO PUR COM)

Velo3D, Inc.

ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D

Stocks Cautiously Higher as Dow Reclaims 50K