Big tech stocks rebounded in overnight trading. Micron up 8%; TSMC, Palantir, Tesla, SMCI up around 1%.
Micron Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected, buoyed by soaring prices for memory chips spurred by tight supplies and booming demand from artificial intelligence data centers.
Crypto shares rebounded in overnight trading. DeFi Tech up 7%; Bakkt Holdings up 5%; American Bitcoin, GameSquare up over 3%.
Crypto markets staged a tentative rebound even as macro warning signs continued to flash. Bitcoin climbed 2% to reclaim the $87,000 level, while Ethereum remained range-bound near $2,900.
Nuclear shares gained in overnight trading with Lightbridge up over 3%; Constellation Energy up over 2%; Vistra Energy, Oklo up over 1%.
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