Dow Futures fell 0.02%, S&P 500 Futures rose 0.09%, Nasdaq Futures rose 0.42%, reflecting a cautiously risk-on tone.
Atlassian Corporation PLC (TEAM) jumped 31.75%. Results beat expectations and guidance topped.
Cloudflare, Inc. surged 16.55%. Earnings beat and outlook was raised.
Microchip Technology (MCHP) rallied 10.05%. A beat and above-consensus guidance lifted shares.
First Solar rallied 9.20%. EPS topped forecasts as U.S. polysilicon tariffs supported domestic makers.
T1 ENERGY INC advanced 8.47%. A 641MW module order and strong revenue guide supported sentiment.
Airbnb, Inc. climbed 8.34%. Q2 beat and higher full-year and Q3 revenue guidance.
Lumentum gained 3.79%. AI optical demand optimism and an upcoming report buoyed the stock.
Coherent added 3.38%. A photonics ETF debut and policy headlines aided the group.
NEBIUS rose 2.83%. Options activity suggested capped upside and downside support.
Corning rose 2.62%. Large bear call spread activity suggested restrained upside.
Western Digital increased 1.82%. A sizable long-dated short put signaled confidence.
Micron Technology (MU) ticked up 1.65%. OTM call selling indicated capped upside.
Marvell Technology (MRVL) ticked up 1.54%. Heavy call sales signaled expectations for limited gains.
ARM Holdings rose 1.16%. A bearish call spread implied limited upside.
Trade Desk Inc. tumbled 23.88%. Q2 missed on revenue and EPS, and Q3 guide lagged.
Chip stocks rose, with Direxion Daily Semiconductors Bull 3x Shares rising 3.70%, SUPER MICRO COMPUTER INC rising 1.60%, Applied Materials rising 1.41%, Lam Research rising 1.28%, ASML Holding NV rising 1.00%.
Memory chip stocks rose, with SanDisk Corp. rising 2.09%, Roundhill Memory ETF rising 1.38%.
Optical communication stocks rose, with AXT Inc rising 2.38%.
Software stocks rose, with ServiceNow rising 2.08%.
Among other individual movers, Honda rose 2.83%, Oklo Inc. rose 2.23%, Rigetti Computing fell 3.45%.
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