Tech stocks today: SpaceX, AMD to report earnings after the bell

This live market update centers on technology stocks ahead of several major earnings reports, with AMD set to report results after the bell and investors watching for signals on AI chip demand. The piece also highlights SpaceX’s first quarterly earnings as a public company, noting heavy pressure on the stock since its debut and a looming lockup expiration that could add selling pressure. Broader tech sentiment is constructive: the Nasdaq rose more than 2% on Monday, semiconductor shares recovered after an earlier selloff, and hyperscaler names like Amazon, Microsoft, Alphabet, and Meta traded higher on strong earnings and cloud growth. AMD is framed as a key read-through for the chip sector, while SpaceX’s report is viewed as a possible catalyst to reverse its decline. Overall, the article points to a market still favoring AI and cloud leaders, but with event risk concentrated in upcoming earnings and supply-overhang concerns for SpaceX.