24H|Rumble Soars 14%; Rare Earth Stocks Rise, USAR up 9%, NioCorp up 5%; Quantum Computing Shares Rally, ARQQ up 3%, RGTI up 2%; Applied Materials Falls 3%

Tiger Newspress
Oct 03

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10