US rare earth stocks rose in overnight trading. USA Rare Earth Inc. up 9%; NioCorp Developments Ltd. up 5%.

Quantum computing shares rallied in overnight trading. Arqit Quantum Inc. up 3%; D-Wave Quantum Inc., Rigetti Computing, Quantum Computing Inc. up 2%; IONQ Inc. up 1%.

Chip equipment maker Applied Materials forecast a $600 million hit to fiscal 2026 revenue after the U.S. expanded its restricted export list in a blow to sectors such as semiconductors, aircraft and medical equipment.

Shares of Applied Materials fell about 3% in overnight trading after the company said in a filing the new rule would make it more difficult to export some products and supply specific parts and services to select China-based customers without a license.

Rumble Inc. rose about 14% in overnight trading after Rumble on Thursday said it struck a partnership with AI answer engine company Perplexity to, among other things, integrate AI-powered tools and drive more discoverability on the video platform.

As part of the tie-up, the companies are introducing a new subscription bundle by combining their premium plans, and Perplexity’s new product Comet will be promoted across the Rumble ecosystem, including the Rumble Advertising Center.