--- title: "☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Soars 19% In Record Debut" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000737545.md" description: "SpaceX rockets 19% in the biggest IPO ever, a US-Iran peace deal sinks oil 7% and sends Asia soaring, and Warsh opens his first Fed meeting this week." datetime: "2026-06-15T02:59:30.000Z" locales: - [en](https://longbridge.com/en/topics/100000000737545.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000737545.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000737545.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # ☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Soars 19% In Record Debut Midday update: Risk-on Monday. SpaceX closed its first day up 19% and kept climbing overnight, a US-Iran peace deal reopening the Strait of Hormuz sent oil down about 7%, and Asia ripped with the Nikkei up over 5%. The catch: software names cratered on AI-disruption fears, and the Fed decides Thursday. ## 💬 Today's 3 Big Questions 1. SpaceX debuted up **19%** (peaking near **+31%**) at over **USD 2 trillion** intraday, the biggest IPO ever, and kept rising overnight. With only a tiny float, is this the start of a space-age re-rating, or a scarcity-driven pop that fades once supply normalises? 2. The Iran deal collapsed oil about **7%** and HK airlines are already surging. In Singapore, SIA, SATS and logistics REITs all benefit from cheaper fuel and reopened Hormuz lanes. Which SG-listed names capture the biggest upside, and what is the risk if the deal breaks down again? 3. Adobe, Intuit, Zscaler and Workday tumbled on SaaSpocalypse fears that AI agents replace enterprise software, even as chips ripped. Real regime shift from SaaS to AI infrastructure, or an overdone panic to buy? 👇 Like, drop your take (20+ words), click "Repost" & earn 288 Task Coins ✨ 🚫 NO duplicates or similar content ⏰ Deadline: June 15, 2026, 11:59 PM (SGT) ## 📊 Quick Market Recap ### 🌍 Global Macro & Markets - **A US-Iran peace deal was signed, reopening the Strait of Hormuz after about 3.5 months.** Oil plunged roughly **7%**, the biggest single-day drop of 2026, the 10-year Treasury yield fell about **6bp**, and Nasdaq futures rose over **1%**. - **Asia soared on the risk-on:Nikkei +5.1%, Korea's Kospi near +6%, Hang Seng +1.9%**, with China A50 futures up about 0.7%. - Central-bank super-week: the **BoJ meets June 15-16** and the **Fed decides Thursday SGT** with Warsh's first press conference (rates near-certain to hold at 3.50-3.75%, dot plot and tone in focus). The **G7 summit runs June 15-17** in France, with Anthropic, OpenAI and Google execs attending. ### 🇺🇸 US Markets: SpaceX Debut Steals The Show - 📈 **Friday close: S&P 500 7,431 (+0.5%), Nasdaq 25,889 (+0.31%), Dow 51,202 (+0.7%).** - **SpaceX (SPCX)** soared **19% to USD 160.95** on day one (opened USD 150, peaked USD 176.52), the largest IPO in history, briefly valued above **USD 2 trillion**, and added about **4% overnight**. CITIC Securities called it the start of a great space-industry era. - **Micron (MU) and SanDisk (SNDK) rose near 5%** with the memory and storage group, as the HBM4E sample race heats up (Samsung shipped the first samples, SK Hynix and Micron chasing). Optical names joined in. - **Adobe (ADBE), Intuit (INTU), Zscaler (ZS) and Workday (WDAY) tumbled** on SaaSpocalypse fears that AI agents are disrupting enterprise software, a sharp split from the AI-hardware rally. ### 🇸🇬 Singapore Markets - 📈 **STI closed Friday at 5,025.80 (+0.76%)**, above 5,000 but below its early-June record near 5,150. - Singapore ranked **#1 in Southeast Asia (#11 globally)** in the Savills 2026 Nearshoring Index on logistics, trade and ease of doing business, with firm demand for ramp-up and cold-chain space. - Singapore's **HNWI wealth rose 4.8% to S$985.2 billion** in 2025 (Capgemini), as the STI gained 21%, GDP grew 5.0% and the fiscal surplus hit S$19.5 billion. - **Innotek (M14)** secured its first liquid-cooling contract for AI infrastructure and set up a new subsidiary for it, following NVIDIA and Inspur vendor approval and an April S$16M placement. - **Keppel Infrastructure Trust (A7RU)** won EMA approval to lift its Keppel Merlimau Cogen stake from 51% to 90% (about S$128.1M); unitholder EGM is June 18. - **OCBC (O39)** named Lim Leong Guan head of private banking for the Middle East, South Asia and International at Bank of Singapore (Dubai, DIFC CEO), targeting 30% UHNW AUM growth by 2028. - **IREIT Global (UD1U)** appointed a CFO designate, signalling a leadership transition; **Enviro-Hub (L23)** put out a June 12 Gul Crescent fire with no injuries. NODX stays strong (Q1 +9.6%, electronics +57.8% on AI demand), with May trade data due this week. ### 🇭🇰 Hong Kong & China Markets - 📈 **Hang Seng +1.93%, HSCEI +1.91%**, lifted by the post-deal risk-on. - **Airlines surged** on the oil collapse, with Air China (753), Cathay Pacific (293) and China Southern (1055) among beneficiaries as a firmer yuan added a tailwind. - China releases **May retail sales, industrial output and property data** this week. ## 📅 Key Events This Week - 🇯🇵 Bank of Japan rate decision, Tuesday June 16 afternoon SGT - 🇨🇳 China May retail sales, industrial output, property prices, Tuesday to Wednesday SGT - 🇺🇸 US May retail sales, Wednesday June 17, around 20:30 SGT - 🌍 G7 summit (Évian-les-Bains), through June 17 - 🇺🇸 FOMC decision and Warsh press conference, Thursday June 18, around 02:00 SGT - 🇸🇬 Keppel Infrastructure Trust EGM (KMC stake vote), Thursday June 18, 2:30 PM SGT - 🇺🇸🇭🇰 US (Juneteenth) and Hong Kong (Dragon Boat) markets closed Friday June 19 Disclaimer: For reference only, not investment advice. ### Related Stocks - [ECHO.US](https://longbridge.com/en/quote/ECHO.US.md) - [WDAY.US](https://longbridge.com/en/quote/WDAY.US.md) - [INTU.US](https://longbridge.com/en/quote/INTU.US.md) - [ZS.US](https://longbridge.com/en/quote/ZS.US.md) - [S58.SG](https://longbridge.com/en/quote/S58.SG.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [ADBE.US](https://longbridge.com/en/quote/ADBE.US.md) - [M14.SG](https://longbridge.com/en/quote/M14.SG.md) ## Comments (30) - **Eunice · 2026-06-15T11:00:48.000Z**: STI holding up but feels late after a 21% year. holding my banks, not chasing into a Fed week 😬 - **Kellyk310 · 2026-06-15T10:53:10.000Z**: OCBC private bank hiring big for Middle East UHNW, targeting 30% AUM growth. wealth management is the real SG bank story now 📊 - **dingdongbell · 2026-06-15T08:39:39.000Z · 👍 1**: At last we have a date for the peace deal signing! It’s good to have progress. Now let’s hope they sign that thing! - **Heroic Lifesaver** (2026-06-15T08:40:58.000Z): 😂 - **YipYC · 2026-06-15T08:39:34.000Z**: ok - **NewUser_CkrdqW · 2026-06-15T08:34:03.000Z**: US-Iran Peace Deal is all done, just left with putting pen to paper on Friday. Markets roared back upwards, but how long will this relief last this time round? There is still time for things to go wrong (let's hope not), but I genuinely won't be surprised if it doesn't turn out as planned. Regardles - **Mani98 · 2026-06-15T07:21:37.000Z**: Main risk is whether the US-Iran deal holds any renewed tension in the strait of hormuz could send oil prices climbing again just as quick - **Heroic Lifesaver · 2026-06-15T06:49:08.000Z**: At last we have a peace deal with an actual date on the table. It has been on and off for so long it has to get done at some point of time! - **Dacai · 2026-06-15T05:24:10.000Z · 👍 2**: I’m not vested in SIA and SATS. I think this kind of upside due to the drop in oil price won’t last as there will soon be profit taking. - **DvdLTW · 2026-06-15T05:10:14.000Z**: For $Adobe(ADBE.US)it’s definitely an over panic situation as the weak share price performance shows overselling.However , $Adobe(ADBE.US)remains a profitable company and it’s shares price performance is due for a recovery rebound. - **Ragul97 · 2026-06-15T04:18:16.000Z**: SpaceX’s debut looks like a mix of real optimism and tight float dynamics amplifying the early move. The bigger question is whether the fundamentals,revenue growth, Starlink scale, and launch economics can keep pace once the initial excitement fades. - **win win · 2026-06-15T04:04:49.000Z**: War on Iran, this time really happened. Crude oil price dropped more than 7%. will all Airlines stock going back to normal business era ? what do you think? - **TheRaccoonAnalysis · 2026-06-15T03:56:32.000Z**: SpaceX’s surge reflects both scarcity and narrative. A limited free float can amplify demand and support elevated valuations initially, but sustaining a >USD 2 trillion valuation will likely require execution, revenue growth, and broader institutional participation once liquidity increases.The Sa - **Victor y · 2026-06-15T03:45:44.000Z**: 7% drop in crude is a meaningful macro tailwind for Singapore names. SIA stands out because fuel is one of its biggest cost items, while SATS benefits from recovering travel and cargo activity. Logistics related counters could also see renewed interest as shipping routes normalize. For now, the mark - **Crazy rich · 2026-06-15T03:45:08.000Z**: SG millionaire wealth up to 985 billion and STI holding above 5000 while the world panics about everything. boring but winning lah 🏦 - **Fantastic · 2026-06-15T03:41:35.000Z**: is the SaaSpocalypse real or overdone? these are profitable cash machines trading like they are going to zero. tempted to buy the fear 🤔 - **LazyCat · 2026-06-15T03:41:18.000Z · 👍 2**: The ongoing SaaSpocalypse is a classic case of a fog-of-war. The common narrative and daily experience of AI agents replacing human in workflow may be derived from tasks that are low-value, repetitive, low-judgement ones. The real concern of an enterprise lays on a system or record, governance and s - **DCMCMCCC · 2026-06-15T03:41:10.000Z**: Looks like the market has been waiting for this to happen. SpaceX, Peace deal. What a weekend. - **rocket Shadow · 2026-06-15T03:37:15.000Z**: Intuit, Adobe, Zscaler, Workday all getting wrecked on fears AI eats SaaS. money is rotating from software to silicon hard 🔄 - **Fattycat · 2026-06-15T03:34:26.000Z · 👍 3**: 1. We have another 5 days to go before signing the peace deal between US and Iran. Anything can happen.2. President Trump is set to travel to France for the upcoming G7 summit which will take place from June 15-17. I am keen to hear what is going to say about his plan with NATO and the peace treaty. - **Alpha～ · 2026-06-15T03:33:14.000Z**: everyone fixated on who ships HBM4E first, but honestly all three memory makers sell everything they make right now 👀 --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**