Tesla Motors rose 1% in overnight trading.

Tesla shares rose 5% on Wednesday even though the electric vehicle maker reported worse-than-expected second-quarter deliveries and production figures.

Tesla announced 384,122 deliveries, down 14% year-over-year, and 410,244 vehicles produced, down by roughly 600 vehicles.

Webull Corp rose 3% in overnight trading after soaring 14% in the previous trading day.

Wednesday's surge appears to be in sympathy with a broader rally in the retail brokerage and crypto sectors. Peer capital markets company Robinhood reached a new all-time high Wednesday.

Robinhood stock has surged in recent sessions amid announcements of an aggressive expansion into cryptocurrency services in Europe and a bullish price target upgrade to $110 from KeyBanc Capital Markets. Analysts cited Robinhood's "first-rate innovation" and international growth potential as key drivers for the positive outlook.

Further fueling the momentum is the robust performance of the cryptocurrency market. The success of spot Bitcoin and Ethereum ETFs, which have attracted billions in inflows, has boosted investor sentiment.

Analysts at Bloomberg have raised their odds for the approval of several new altcoin ETFs to over 90% by the end of 2025. With the successful launch of the first spot Solana staking ETF, the market's appetite for crypto-related assets appears to be growing, providing a strong tailwind for platforms like Webull.

Oscar Health, Inc. rose 4% in overnight trading following 19% drop in the prior session.

Crocs rose 3% in overnight trading.

After a knee-jerk reaction lower on the initial headlines, retailers that depend on Vietnamese manufacturing have recouped losses and are unchanged to slightly higher on Wednesday.

Earlier in the day, President Trump announced a deal between the U.S. and Vietnam which includes a 20% tariff on imported goods from the Southeast Asian nation, and a 40% tariff on transshipments, a practice China employs to sidestep U.S. trade policies.