Tiger Brokers

24H | Lumentum Jumps over 6%; Crypto Shares Gain with Circle, Upexi up over 5%; Intel Rises Another 3%

Tiger Newspress
8 hours ago

Shares of Lumentum rose more than 6% in overnight trading. Lumentum, now worth $70 billion, will join the Nasdaq-100 before the opening bell on May 18, Nasdaq Global Indexes announced late Friday. The company is set to replace CoStar Group, a real-estate analytics company whose market value has plunged to about $13 billion as its shares have lost half their value so far this year.

Intel shares jumped another 3.44% in overnight trading. Intel has reached a preliminary deal to make some chips for Apple devices, the Wall Street Journal reported on Friday, in a potential boost to Intel's contract manufacturing business and Washington's push to shore up U.S. chip production.

Crypto shares jumped in overnight trading. Circle, Upexi up over 5%; Bit Digital up over 4%; DeFi Tech, GameSquare, American Bitcoin up over 3%.

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