24H | Chip, Optical Communication Stocks Rally; Tesla Rises 1%; NEBIUS Climbs 3%; Bloom Energy Gains 4%

US Overnight08:27

Dow Futures rose 0.31%, S&P 500 Futures rose 0.50%, Nasdaq Futures rose 0.86% as tech-led sentiment stabilized in overnight trade.

Chip stocks rose in overnight trading. Direxion Daily Semiconductors Bull 3x Shares rose 4%; Marvell Technology and Lam Research rose 2%; AMD, Broadcom, Intel, Arm, ASML, and Nvidia rose 1%.

Optical communication stocks also rose in overnight trading. AXT, Lumentum, Applied Optoelectronics, and Marvell Technology rose 3%; Credo Technology, Coherent, Corning, and Nokia rose 2%.

Tesla shares advanced 1.1%. Attention centered on its October 21 earnings and a high-profile Roadster demo featuring SpaceX-derived thrusters.

Among other individual movers, NEBIUS advanced 2.86%, Bloom Energy climbed 3.57%, IREN Ltd rose 2.37%, APPLIED DIGITAL CORP (APLD) gained 2.11%.

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