U.S. Pre-Market: Tech Stocks Diverge, Optical Communication and Cloud Computing Sectors Fall

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The Fear and Greed Index dipped slightly as U.S. pre-market trading on November 9 showed mixed performance among tech stocks: NVIDIA fell 4.89%, while Apple rose 0.65%, Microsoft gained 1.01%, and Google climbed 1.06%. The optical communication sector declined, with Lumentum down 2.65% and Coherent at -1.46%. Storage and cloud computing also weakened, as Micron dropped 1.26% and Oracle fell 0.98%. The crypto market remained range-bound amid broader market uncertainty.

Huo Xing Finance reports that on November 9, prior to the U.S. market open, technology stocks showed mixed performance. Among the "Magnificent Seven," NVIDIA fell 4.89%, Apple rose 0.65%, Microsoft rose 1.01%, Google rose 1.06%, Amazon rose 0.98%, Meta rose 0.72%, and Tesla rose 0.01%. In the optical communications sector, most stocks declined: Lumentum fell 2.65%, Corning fell 0.54%, Coherent fell 1.46%, Applied Optoelectronics fell 2.05%, Ciena fell 2.05%, Broadcom rose 0.71%, and Marvell Technology fell 2.14%. The storage sector broadly declined: Micron fell 1.26%, SanDisk fell 2.35%, SK Hynix fell 2.25%, Western Digital fell 1.19%, and Seagate Technology fell 0.25%. The cloud computing and AI infrastructure sector saw universal declines: Oracle fell 0.98%, CoreWeave fell 3.53%, Nebius fell 2.72%, IREN fell 3.79%, and Applied Digital fell 2.02%. Space-related stocks were mixed: SpaceX rose 1.15%, Rocket Lab fell 0.91%, Planet Labs rose 0.92%, AST SpaceMobile rose 0.77%, and Intuitive Machines fell 1.13%.

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