Microsoft Stock Surge Lifts Nasdaq After Azure Beat

TL;DR: The Microsoft stock surge is the main U.S. equity catalyst as of 1:00 p.m. ET

SpaceX Overtakes Microsoft at $2.9 Trillion to Become the 4th Biggest US Company: SPCX, Mag-7, and the Index Repricing for Traders

TL;DR As of premarket trading on Tuesday, June 16, 2026, SpaceX (SPCX) market capitalization reached approximately 2.9 trillion