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Optical and Chip Stocks Rise as Most Neocloud Shares Gain; Robinhood Falls 8.42%

Optical and Chip Stocks Rise as Most Neocloud Shares Gain; Robinhood Falls 8.42%

Photo: TokenPost

Optical communications, semiconductor and most neocloud shares gained in U.S. premarket trading Wednesday, while Robinhood fell 8.42% and futures for major stock indexes moved in different directions. S&P 500 futures rose 0.11% and Nasdaq 100 futures gained 0.54%. Dow futures fell 0.21%. Credo (CRDO) led the listed optical stocks, up 2.78%. Applied Optoelectronics (AAOI) gained 2.27%, Coherent (COHR) rose 2.15%, Ciena (CIEN) added 1.95% and Lumentum (LITE) climbed 1.79%. IREN advanced 2.33%, while Nebius (NBIS) gained 2.14%, Astera Labs (ALAB) rose 2.02%, Cipher Digital (CIFR) added 2% and CoreWeave (CRWV) gained 1.90%. AST SpaceMobile (ASTS) fell 0.12%.

Source: TokenPost

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