24H | HPE surges 25%; SMCI climbs 4%; RKLB slides 5%; CRDO tumbles 11%

US Overnight06-02

Dow Futures fell 0.37%, S&P 500 Futures fell 0.32%, Nasdaq Futures fell 0.46%, risk-off.

Microsoft fell 1.85%. Alphabet declined 1.07%. Roundhill Memory ETF (DRAM) slipped 1.57%. SanDisk Corp. dropped 1.33%. Credo Technology Group Holding Ltd (CRDO) tumbled 11.15% on profit-taking after earnings beat. Lithium Americas Corp. (LAC) surged 13.25%. Toyota retreated 3.51%. BlackBerry gained 2.37%. Hewlett Packard Enterprise (HPE) rallied 25.34% on blowout earnings and raised guidance. IBM slid 3.45%.

Chip stocks was mixed, with SUPER MICRO COMPUTER INC rising 4.16%, Broadcom rising 2.56%, Direxion Daily Semiconductors Bull 3x Shares falling 1.5%, Advanced Micro Devices falling 1.48%, Intel falling 1.23%, Qualcomm falling 1.09%, ASML Holding NV falling 1.02%.

Space stocks fell, with Redwire Corp. falling 6.77%, Rocket Lab USA, Inc. falling 5.22%, Virgin Galactic falling 3.99%, Firefly Aerospace Inc. falling 3.14%, Tema Space Innovators ETF falling 2.94%.

Software stocks was mixed, with ServiceNow falling 3.5%, DigitalOcean Holdings, Inc. rising 3.19%, Oracle falling 3.19%, Palantir Technologies Inc. falling 2.25%.

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