Huo Xing Finance reports that on November 6, according to data from the BIT stock platform, most U.S. tech stocks rebounded ahead of the market open. The three major U.S. index futures showed mixed movements: the S&P 500 futures rose 0.40%, the Nasdaq 100 futures gained 1.47%, while the Dow Jones futures fell 0.62%. SpaceX (SPCX) rose 4.55% in pre-market trading. All light communication stocks advanced: Credo (CRDO) rose 10.85%, Lumentum (LITE) gained 8.30%, Coherent (COHR) climbed 7.50%, Ciena (CIEN) increased 6.98%, and Applied Optoelectronics (AAOI) rose 6.16%. The Neocloud sector broadly rose: IREN jumped 18.25%, Cipher Mining (CIFR) gained 12.07%, Astera Labs (ALAB) rose 8.91%, Nebius (NBIS) climbed 7.67%, CoreWeave (CRWV) increased 6.99%, and AST SpaceMobile (ASTS) rose 6.46%. Most semiconductor stocks advanced: Micron Technology (MU) gained 8.30%, Marvell Technology (MRVL) rose 8.17%, AMD climbed 7.63%, Arm (ARM) increased 6.64%, TSMC (TSM) rose 6.26%, ASML gained 5.85%, Broadcom (AVGO) climbed 5.06%, Intel (INTC) rose 4.94%, and NVIDIA (NVDA) gained 3.85%. All storage stocks rose: SanDisk (SNDK) jumped 10.17%, Seagate Technology (STX) gained 5.83%, Western Digital (WDC) rose 5.56%, and SK Hynix (SKHY) climbed 4.87%. Cryptocurrency-related stocks showed mixed performance: BNB Standard (BNC) rose 5.25%, MARA Holdings (MARA) gained 5.02%, Robinhood (HOOD) increased 3.52%, Strategy (MSTR) rose 1.72%, Bitmine (BMNR) gained 1.63%, Coinbase (COIN) rose 1.35%, and Circle (CRCL) edged up 0.03%.
Pre-market AI and tech stocks rally; MU and SanDisk surge over 8%
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Summary
A market rally gained momentum in pre-market U.S. tech stocks on November 6, led by AI-related shares. Micron (MU) rose 8.3%, while SanDisk (SNDK) surged over 10%. The Fear & Greed Index showed early signs of shifting toward optimism. Semiconductor and storage stocks also advanced, though crypto-linked stocks moved in divergent directions.
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