Cyngn shares jumped another 10.2% in overnight trading following news of a collaboration with Nvidia. The autonomous industrial vehicle technology firm will use Nvidia's Isaac robotics platform to build self-driving vehicles "across dynamic, real-world environments."
Palantir shares gained 4.4% in overnight trading. Palantir shares pulled back 9.4% on Friday as investors take profits after an incredible bull run. Recent news that the U.S. defense budget will be slightly smaller this year than last may also be a factor.
Crypto stocks gained in overnight trading. SharpLink Gaming rose 5%; $CleanSpark(CLSK)$ and Circle rose 3%; Strategy, Riot Platforms, Coinbase, and MARA Holdings rose 2%.
Big bank stocks gained in overnight trading. A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders. Goldman Sachs rose 4%; Bank of America and Wells Fargo rose 2%; JPMorgan Chase rose 1%.