Nuclear energy stocks rose again in morning trading. NuScale Power rose 13%; Oklo rose 10%; Energy Fuels and KULR Technology rose 5%; Lightbridge, Centrus, Denison Mines, and Uranium rose 4%; NANO Nuclear Energy and Talen rose 3%.

Snap shares jumped 7.1% in morning trading. Snap will lay off about 1,000 employees, including 16% ‌of full-time staff, the company said on Wednesday, becoming the latest tech firm to ramp up AI adoption to streamline operations and shift toward leaner teams.

GitLab shares jumped 5% in morning trading following the announcement of an expanded collaboration with Google Cloud.

Broadcom shares jumped 3.7% in morning trading. Meta will work with chip designer Broadcom to produce several generations of custom artificial intelligence ​processors under an expanded deal as the social media giant races ‌to build out the computing capacity needed to power AI features across its apps.

Cloudflare shares rose 3.6% in morning trading. Cloudflare announced a partnership with cloud and AI security leader Wiz, now part of Google Cloud, to give security teams a unified way to analyze and protect AI-powered applications across their entire environment.

TeraWulf shares dropped 5.8% in morning trading following the announcement of a planned $800 million stock offering and preliminary first-quarter results that fell short of Wall Street expectations.

SolarEdge shares fell 6.9% in morning trading. Goldman Sachs downgraded SolarEdge to Sell from Neutral and lowered its price target to $31 from $36.