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%.
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.