24H | Chip, Crypto, Quantum Computing, Optical Communication and Space Stocks Rally on Iran Peace Hopes

US Overnight08:17

Dow Futures rose 0.61%, S&P 500 Futures rose 0.66%, Nasdaq Futures rose 0.93%, positive.

Chip stocks rose, with Navitas Semiconductor Corp (NVTS) climbing 9.03%, Direxion Daily Semiconductors Bull 3x Shares (SOXL) surging 7.69%, ON Semiconductor rising 5.54%, Wolfspeed Inc. advancing 5.17%, Marvell Technology (MRVL) gaining 3.96%, Qualcomm climbing 3.54%, ARM Holdings ticking up 3.13%, Astera Labs, Inc. (ALAB) increasing 2.86%.

Memory chip stocks rose, with Roundhill Memory ETF (DRAM) climbing 4.66%, Micron Technology (MU) rising 4.64%, SanDisk Corp. advancing 2.93%, Seagate Technology PLC (STX) ticking up 1.51%, Western Digital ticking up 1.46%.

$Optical communication stocks rose, with POET Technologies Inc (POET) gaining 3.56%, Applied Optoelectronics (AAOI) increasing 3.48%, Amphenol climbing 2.76%, Credo Technology Group Holding Ltd (CRDO) rising 2.44%, Lumentum advancing 2.23%, COHERENT gaining 2.18%.

Crypto stocks rose, with IREN Ltd climbing 3.11%, Strategy gaining 2.22%, MARA Holdings advancing 2.17%, BitMine Immersion Technologies Inc. (BMNR) rising 2.07%, Cipher Mining Inc. (CIFR) ticking up 2.00%.

Quantum computing stocks rose, with Quantum Computing Inc. (QUBT) climbing 3.01%, Rigetti Computing (RGTI) advancing 2.65%, IONQ Inc. rising 2.28%.

Space stocks rose, with Tema Space Innovators ETF (NASA) surging 11.58%, Redwire Corp. jumping 7.72%, AST SpaceMobile, Inc. (ASTS) gaining 5.49%, Destiny Tech100 Inc (DXYZ) rising 5.22%, EchoStar advancing 3.86%, Planet Labs Pbc (PL) climbing 3.61%, Intuitive Machines (LUNR) ticking up 3.58%, Rocket Lab USA, Inc. (RKLB) increasing 2.09%.

XPeng Inc. rose 2.95%. Oklo Inc. rose 2.64%. iShares Silver Trust (SLV) rose 2.57%. Newmont Mining rose 4.78%. ProShares Ultra Bloomberg Crude Oil (UCO) fell 5.46%. United States Oil Fund LP (USO) fell 5.02% on U.S.-Iran deal optimism. United Airlines rose 2.84%. American Airlines (AAL) rose 2.02%. Carnival rose 2.85%. Norwegian Cruise Line (NCLH) rose 3.07%. Bloom Energy Corp (BE) rose 2.45%. Vertiv Holdings LLC (VRT) rose 2.30%. Arista Networks rose 2.30%.

Elsewhere, BlackBerry climbing 8.60%, Nokia Oyj advancing 4.40%, NEBIUS gaining 3.05%, APPLIED DIGITAL CORP (APLD) rising 2.64%.

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