Tiger Brokers

24H | Broadcom Tumbles 13%; CrowdStrike Slides 10%; Navitas, SOXL Drop over 6%; SMCI, Marvell Fall Around 5%; Micron, AMD Fall Around 3%; Cisco Climbs 3%

US Overnight
Yesterday

Dow Futures rose 0.02%, S&P 500 Futures fell 0.40%, Nasdaq Futures fell 0.61%, cautious.

Apple rose 1.21%. Robinhood fell 2.12%. IREN Ltd fell 3.77% on leverage concerns. Ondas Holdings Inc. (ONDS) fell 3.19%. Oklo Inc. fell 2.25%. NuScale Power fell 2.61%. USA Rare Earth Inc. (USAR) fell 3.54%. Palo Alto Networks (PANW) fell 2.79%. Honda rose 2.20%. Fluence Energy, Inc. (FLNC) fell 4.35%. Hewlett Packard Enterprise (HPE) fell 4.48%. Arista Networks fell 4.43% after director share sale. IBM fell 3.89% on profit-taking pressure. Vertiv Holdings LLC (VRT) fell 3.57%.

Chip stocks was mixed, with Broadcom falling 12.83%, Navitas Semiconductor Corp (NVTS) falling 6.45%, Direxion Daily Semiconductors Bull 3x Shares (SOXL) falling 6.02%, SUPER MICRO COMPUTER INC (SMCI) falling 4.91%, Marvell Technology (MRVL) falling 4.85%, ARM Holdings falling 4.37%, Advanced Micro Devices (AMD) falling 2.50%, Intel falling 1.43%, NXP Semiconductors NV (NXPI) rising 1.07%.

Memory chip stocks fell, with Roundhill Memory ETF (DRAM) falling 4.33%, Micron Technology (MU) falling 2.92%, SanDisk Corp. falling 2.77%, Western Digital falling 2.24%.

Optical communication stocks fell, with Corning falling 4.11%, Lumentum falling 4.04%, Applied Optoelectronics (AAOI) falling 3.67%, COHERENT falling 3.36%, AXT Inc falling 2.75%.

Software stocks was mixed, with Cisco rising 3.15%, CrowdStrike Holdings, Inc. (CRWD) falling 10.49%, Oracle falling 3.92%, ServiceNow falling 2.63%.

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