Crypto shares jumped in overnight trading. GAME up 11%; BTCS up 7.7%; Upexi up 2.6%.

The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, sending the bill to President Donald Trump, who is expected to sign it into law.

The vote marks a watershed moment for the digital asset industry, which has been pushing for federal legislation for years and poured money into last year's elections to promote pro-crypto candidates.

House lawmakers also passed two other crypto bills, sending them next to the Senate for consideration. One lays out a regulatory framework for crypto, and the other would ban the U.S. from issuing a central bank digital currency.

Netflix shares fell 1.8% in overnight trading. After recently reaching record highs, some analysts are wondering if the stock has gotten ahead of the company’s ambitious growth plans.

Netflix Inc. had all the wind in its sails that one could hope for in its second-quarter earnings — they came in well ahead of analysts’ expectations for net profit, benefitting strongly from a weakening dollar.

“Given the run-up in the equity leading up to today’s release, we are not surprised to see shares trading modestly lower in after-hours trading,” Jason Bazinet of Citi Research wrote in a note to clients.

Netflix executives were quick to point out that their strong numbers in the quarter weren’t entirely driven by currency exchange, but “strength in our underlying business.”

“We are seeing healthy member growth … and solid ad sales,” Netflix’s Chief Financial Officer Spencer Neumann said in a call with analysts.

The streaming giant reported net income of $3.13 billion, compared to $2.15 billion in the same quarter a year earlier. Analysts had estimated net income of $3.05 billion, according FactSet.

Opendoor stock jumped another 12% in overnight trading.

Until very recently, shares of Opendoor Technologies Inc. had largely been left for dead. But over the past week, retail traders swapping stock tips on social media have helped bring them back to life.

Tom Bruni, editor-in-chief and vice president of community at Stocktwits, a social-media platform where investors are encouraged to swap and discuss ideas, said interest in Opendoor, measured by page views tied to the stock’s ticker on Stocktwits’ platform, had surged by 400% between Monday and Tuesday. Chatter about Opendoor appeared to be surging across a number of social-media platforms, he said.