During the Thursday overnight trading session, AppLovin Corporation rose 21%. The move followed a Q3 beat and stronger Q4 guidance, alongside a larger buyback authorization.

Coherent climbed 3%. Investors reacted to a Q1 adjusted EPS of $2.09 and an upbeat outlook for Q2.

Plug Power gained 1%. Shares extended a prior-session rebound noted by MarketWatch.

Qualcomm dropped 8.44%. Handset revenue fell 26%, and its Q1 revenue outlook of $10.4–$11.2 billion disappointed despite a headline beat.

ARM Holdings slipped 4%. The stock moved on its latest quarterly results, including adjusted EPS of $0.52.

Figma fell nearly 5%. Q3 revenue of $391.4 million topped estimates, but guidance commentary weighed on sentiment.

Bloom Energy Corp (BE) retreated 4%. Gains faded after an earlier upgrade-driven rally.

Micron Technology declined 3.64%. Shares eased as PC weakness concerns overshadowed AI memory demand hopes.

Chip stocks fell, with Direxion Daily Semiconductors Bull 3x Shares (SOXL) falling 4.89%, Astera Labs, Inc. (ALAB) falling 2.57%, Marvell Technology (MRVL) falling 2.45%, United Microelectronics (UMC) falling 2.30%, Applied Materials (AMAT) falling 1.73%, KLA Corporation falling 1.52%.

Memory chip stocks fell, with Roundhill Memory ETF (DRAM) falling 2.84%, SanDisk Corp. falling 2.41%, Western Digital falling 2.31%.

Optical communication stocks fell, with AXT Inc falling 3.07%, Lumentum falling 2.40%, Credo Technology Group Holding Ltd (CRDO) falling 2.38%.

Among other individual movers, Honda rose 2.73%, Moderna, Inc. climbed 2.69%, Coupang, Inc. declined 3.58%, Redwire Corp. fell 3.11%.