sandisk

The US stock market's technology and aerospace sectors have regained mainstream capital favor, with several high-profile targets leading the derivatives market. According to Gate platform data, SanDisk (SNDK) is currently priced at $2221.02, up 6.55% in 24 hours; SpaceX (SPCX) is currently priced at $170.97, up 4.74% in 24 hours. According to CoinGlass data, the SNDK contract position on the Gate platform reached $13.7853 million, with a 24-hour contract trading volume of $42.5479 million; the SPCX contract position on Gate reached $26.5112 million, with a 24-hour contract trading volume of $34.4757 million, both ranking among the top in the network.

Bernstein analyst Mark Newman significantly raised the target price for SanDisk (SNDK.O) from $1700 to $3000, maintaining an "Outperform" rating.The firm pointed out in its research report that the new Long-Term Agreement (LTA) for storage has undergone a structural change, shifting from being customer-favorable to more advantageous for suppliers. The new agreements typically include fixed or range-constrained pricing, commitments of prepaid funds that lock in customers and provide downside protection, and longer contract durations. Based on data provided by the company, Bernstein estimates that the floor price for SanDisk in the recently signed LTAs is approximately $0.29 per GB.

According to the official announcement from Jupiter, the Solana chain now supports trading of the memory ETF DRAM (Roundhill Memory ETF), with holdings covering Samsung, SK Hynix, Micron, and SanDisk.

According to Gate market data, the US stock semiconductor sector performed strongly, with Micron Technology (MU) rising 15.93% during the day and SanDisk (SNDK) increasing by 21.69%. CoinGlass data shows that the contract market for MU and SNDK is active, with the Gate platform having a MU contract open interest of approximately $12.2 million and a 24-hour trading volume of about $55.85 million; the SNDK contract has an open interest of approximately $11.03 million and a 24-hour trading volume of about $61.21 million, both indicators ranking among the top in the industry.

Recently, technology concept assets in the US stock market have continued to attract market attention, and related trading activity remains active. According to data from the Gate platform, SpaceX (SPCX) is currently priced at $177.48, with a 24-hour high of $182.08; SanDisk (SNDK) is currently priced at $2248.82, with a 24-hour high of $2269.97, and a 24-hour increase of 0.99%. According to CoinGlass data, the open interest for Gate SPCX (SpaceX) contracts has reached $14.8985 million, while the open interest for SNDK (SanDisk) contracts is $7.3260 million, both ranking among the top in the industry.

According to the market data from the Gate platform, SPCX (SpaceX) reached a high of $225.44 in the last 24 hours, currently priced at $203.97, with a 24-hour decline of 4.09%; SNDK (SanDisk) reached a high of $2,163.99 in the last 24 hours, currently priced at $2,038.26, with a 24-hour decline of 2.85%. According to CoinGlass data, the 24-hour contract trading volume for Gate SPCX (SpaceX) reached $159 million; the 4-hour contract trading volume for Gate SNDK (SanDisk) was $20.5624 million, both ranking among the industry leaders.In addition, the second session of the Gate Live stock series public class will start broadcasting on June 17 at 16:00 (UTC+8), with the theme "3 Steps to Complete Your First Stock Trade." This session will focus on the practical process of stock trading, introducing fund transfers, selection of trading targets, in-market ordering processes, and fee rules, helping users quickly understand how to complete their first stock trade.Previously, Gate Direct to IPO completed the distribution of SPCX shares and officially opened trading on June 12, allowing users to participate in SPCX trading directly through the Gate stock area and seize investment opportunities in popular targets.

Driven by the news of the peace agreement between the United States and Iran and the reopening of the Strait of Hormuz, global risk appetite has significantly rebounded, with U.S. stock futures rising across the board and the technology growth sector performing actively. According to Gate market data, SanDisk (SNDK) reached a high of $2,075.72 in 24 hours, currently reported at $2,067.95, with a 24-hour increase of 3.74%; SpaceX (SPCX) reached a high of $169.59 in 24 hours, currently reported at $167.85, with a 24-hour increase of 1.21%. According to CoinGlass data, the contract open interest for Gate SNDK (SanDisk) reached $9.0399 million, and the contract open interest for Gate SPCX (SpaceX) reached $6.6192 million, both ranking among the industry's top.

According to monitoring by Hyperinsight, SNDK (SanDisk) rose sharply again by 10% during the last trading day, maintaining a high position in the night session. The SNDK contract on the Hyperliquid platform is currently reported at $1540, with a daily trading volume of $101 million. The on-chain long position with the most considerable profit in this round of increase is 0x7b5, which went long on 2050.7 SNDK with 10x leverage, currently realizing a floating profit of $700,000. This address initially invested only $246,000 in April, with an average entry price of $1199, and has now recorded a return of 284% on the principal. Address: 0x7b51c5d9366077e1b3c1cba383389752f486071b.

According to Gate market data, at the opening of the U.S. stock market, the Dow Jones Industrial Average fell by 0.3%, the S&P 500 index fell by 0.1%, and the Nasdaq Composite index opened flat. Storage concept stocks performed strongly, with SanDisk rising by 3.2% and Micron Technology rising by 4%.

According to Gate market data, in pre-market trading, SanDisk (SNDK.O) fell about 5%, and Western Digital (WDC.O) fell about 7%. Both companies' guidance significantly exceeded expectations, but analysts pointed out that the strong performance has been fully priced in, and the guidance "lacks sufficient surprises." Apple (AAPL.O) rose about 3%, with last quarter's revenue in China continuing to grow by double digits, iPhone revenue hitting a record high for the same period, and this quarter's revenue guidance unexpectedly strong.

According to Gate market data, U.S. stocks closed on Tuesday with the Dow Jones Industrial Average initially down 0.06%, the S&P 500 down 0.49%, and the Nasdaq Composite down 0.9%. Oracle (ORCL.N) fell 4%, Nvidia (NVDA.O) dropped over 1%, and SanDisk (SNDK.O) fell 6%. The Nasdaq Golden Dragon China Index decreased by 0.48%, while NIO Inc. (NIO.N) rose by 2%.

According to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average fell by 0.14%, the S&P 500 index fell by 0.05%, and the Nasdaq Composite Index rose by 0.06%. The chip sector continued to rise, with SanDisk (SNDK.O) up 4.8% and Coreweave (CRWV.O) up 1.6%, as the company expanded its long-term partnership with Meta. The Nasdaq China Golden Dragon Index fell by 0.7%.

According to Jinshi reports, U.S. memory stocks generally fell, with Micron Technology down 5.28%, SanDisk down 2.7%, and Seagate down 4.4%.

According to Lookonchain monitoring, the whale 0xcd6b deposited 7.35 million USDC into Hyperliquid to go long on NVDA and SNDK stocks.Currently, its positions include 61,951 shares of xyz:NVDA (worth 11.94 million USD) long position, and 2,920 shares of xyz:SNDK (worth 2 million USD) long position, along with a limit buy order of 40,778 shares of xyz:NVDA (worth 4.53 million USD) pending execution.