Stock Market 15 December 2025

Global technology stocks experienced a sharp decline on June 23, 2026, led by a continued sell-off in SpaceX shares, which dropped 16.4% to $154.60 on Monday, falling below their IPO closing price and erasing about $400 billion in market capitalization. Nasdaq 100 futures fell over 2% ahead of the bell, with S&P 500 and Dow futures also down. Microsoft shares rebounded 1.1% premarket after a 3.18% drop, while investors watched Chevron’s new Texas AI data center power deal amid concerns about AI infrastructure costs. Intel fell about 8% in premarket trading after a previous gain, with investors wary of rate risks and debt-fueled AI spending. Super Micro dropped 6.3% premarket despite a 15.66% gain Monday following a new data-center design launch and an upgrade from GF Securities. IBM rose 3.22% premarket after announcing an OpenAI cyber-defense deal and new U.S. quantum-computing orders. Infleqtion gained over 5% premarket, following a White House quantum order and the formation of a U.S. quantum-space coalition, though the company remains early-stage and loss-making. SOFI declined 2.3% premarket as Bullish listed its SoFiUSD stablecoin. Anthropic secured a partnership with Micron Technology for memory and storage ahead of its expected IPO, with Micron also joining a new funding round. The KOSPI index in Seoul fell nearly 10% after a sell-off in chipmakers following a record AI rally and regulatory warnings. Ford faced pressure as Unifor began contract talks in Canada. Amazon shares dropped 4.75% Monday amid doubts about the payoff from heavy AI spending. Keel Infrastructure hit a 52-week high as investors eyed its power assets for AI data center leasing. Nokia shares rose after expanding its AI network partnership with Google Cloud. Nexentis Technologies more than doubled on news of an AI drug-discovery update.