24H | Snowflake Soars 39%; Nebius Jumps 10%; Dell Climbs 4%; Chip, Quantum Computing, Space Stocks Pull Back

US Overnight08:21

Dow Futures rose 0.00%, S&P 500 Futures fell 0.07%, Nasdaq Futures fell 0.21%, cautious.

Software stocks rose, with Snowflake rising 38.53%, MongoDB Inc. rising 10.53%, ServiceNow rising 5.54%, Datadog rising 3.54%. Snowflake boosted forecast, signed $6 billion AWS deal.

NEBIUS rose 10.13%, after hedge fund stake disclosure.

Dell Technologies Inc. (DELL) rose 3.89%, on strong earnings and AI contracts. A unit of Dell won a $9.7 billion contract to help the US military handle its licenses for Microsoft software related to email, spreadsheets and other needs across classified and unclassified systems, the Pentagon said.

IREN Ltd fell 3.14%.

Chip stocks fell, with Direxion Daily Semiconductors Bull 3x Shares (SOXL) falling 3.22%, Synopsys falling 2.76%, Marvell Technology (MRVL) falling 1.94%, Intel falling 1.86%, Wolfspeed Inc. falling 1.8%, Qualcomm falling 1.75%, Cerebras Systems (CBRS) falling 1.6%, Astera Labs, Inc. (ALAB) falling 1.33%.

Memory chip stocks fell, with SanDisk Corp. falling 2.77%, Micron Technology (MU) falling 2.74%, Roundhill Memory ETF (DRAM) falling 2.45%, Western Digital falling 1.24%.

Quantum computing stocks fell, with IONQ Inc. falling 2.48%, D-Wave Quantum Inc. (QBTS) falling 2.37%, Rigetti Computing (RGTI) falling 2.36%.

Space stocks was mixed, with Redwire Corp. falling 6.79%, Sidus Space Inc. (SIDU) falling 6.66%, Intuitive Machines (LUNR) falling 4.54%, Destiny Tech100 Inc (DXYZ) rising 4.37%, Tema Space Innovators ETF (NASA) falling 3.32%, AST SpaceMobile, Inc. (ASTS) falling 3.16%, Rocket Lab USA, Inc. (RKLB) falling 2.46%.

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Comments

  • Axseri
    08:23
    Axseri
    which stock to buy
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