24H | Chip, Storage, Optical Stocks Fall with AMD, Micron, Intel, Down 2%; Lumentum Down 3%; Marvell, AAOI Down 4%. Lululemon Tumbles 11%, ServiceTitan Gains 15%

US Overnight
Yesterday

Dow Futures fell 0.11%, S&P 500 Futures declined 0.44%, Nasdaq Futures slipped 0.84%, cautious.

IONQ Inc. fell 2.53%. Rigetti Computing (RGTI) fell 2.9%. Planet Labs Pbc (PL) fell 3.86% on profit-taking after earnings beat. Oklo Inc. rose 3.38%. NuScale Power rose 2.08%. Lululemon Athletica (LULU) tumbled 11.15% after slashing full-year guidance. Fluence Energy, Inc. (FLNC) declined 2.87%.

Shares of ServiceTitan rose 15% after the company lifted its fiscal-year outlook and reported first-quarter earnings ahead of Wall Street expectations.

Chip stocks fell, with Direxion Daily Semiconductors Bull 3x Shares (SOXL) sliding 5.86%, Marvell Technology (MRVL) dropping 4.41%, Advanced Micro Devices (AMD) declining 2.22%, Navitas Semiconductor Corp (NVTS) retreating 2.05%, Intel slipping 2.03%, ARM Holdings and Cerebras Systems (CBRS) falling 2.01%, SUPER MICRO COMPUTER INC (SMCI) easing 1.92%.

Memory chip stocks fell, with Roundhill Memory ETF (DRAM) sliding 3.65%, Micron Technology (MU) declining 2.49%, SanDisk Corp. easing 1.74%, Western Digital slipping 1.51%.

Optical communication stocks fell, with Applied Optoelectronics (AAOI) dropping 4.24%, COHERENT retreating 3.29%, Lumentum declining 3.06%, Credo Technology Group Holding Ltd (CRDO) sliding 2.25%, Ciena slipping 2.24%, Corning easing 2.13%.

Elsewhere, Nokia Oyj declining 2.83%, NEBIUS falling 2.47%, Dell Technologies Inc. (DELL) slipping 2.34%.

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