BlockBeats news, November 11 - According to data from the BIT stock platform, US stocks rose broadly in pre-market trading, with Neocloud, optical communications, semiconductor, and storage stocks all advancing. The three major stock index futures all rose, with S&P 500 futures up 0.67%, Nasdaq 100 futures up 1.54%, and Dow futures up 0.17%. SpaceX (SPCX) rose 2.53% in pre-market trading.
Optical communications concept stocks rose across the board. Coherent (COHR) gained 9.01%, Lumentum (LITE) rose 8.61%, Credo (CRDO) gained 8.32%, Applied Optoelectronics (AAOI) rose 7.88%, and Ciena (CIEN) gained 6.58%.
The Neocloud sector advanced across the board. CoreWeave (CRWV) surged 16.13%, Nebius (NBIS) rose 11.94%, IREN gained 7.96%, Cipher Digital (CIFR) rose 7.81%, Astera Labs (ALAB) gained 7.31%, and AST SpaceMobile (ASTS) rose 3.80%.
Semiconductor stocks rose across the board. Marvell Technology (MRVL) gained 6.55%, Arm (ARM) rose 6.14%, AMD advanced 5.28%, Micron Technology (MU) gained 5.14%, Intel (INTC) rose 4.82%, TSMC (TSM) gained 4.34%, ASML rose 3.80%, Broadcom (AVGO) gained 3.62%, and Nvidia (NVDA) rose 3.32%.
Storage stocks advanced across the board. SanDisk (SNDK) gained 6.78%, Seagate Technology (STX) rose 6.00%, and Western Digital (WDC) gained 5.12%.
Crypto concept stocks rose. MARA Holdings (MARA) gained 3.41%, Robinhood (HOOD) rose 1.86%, Coinbase (COIN) gained 1.45%, Strategy (MSTR) rose 1.34%, Circle (CRCL) gained 1.22%, Bitmine (BMNR) rose 1.16%, and BNB Standard (BNC) gained 0.66%.
