US memory stocks lead gains, SpaceX surges 8% after earnings

Odaily reports: According to MSX.COM data, US memory stocks led gains, with SK Hynix (SKHY.O) and SanDisk (SNDK.O) up 4%, Micron Technology (MU.O) up 3%, SpaceX (SPCX.O) up 8%, and Nvidia (NVDA.O) up 2%.

SpaceX opened 8% higher. The company's third-quarter revenue reached $14.6 billion, a year-over-year surge of 161%. Musk stated that ARR is expected to reach $500 billion to $1 trillion by the end of 2027.