U.S. pre-market: optical communications, Neocloud, and semiconductor stocks broadly rise, storage sector diverges, HOOD falls over 8%.

October 28 - According to data from the BIT stock platform, in pre-market trading on the U.S. stock market, optical communications, Neocloud, semiconductors, and most storage stocks strengthened, while crypto-related stocks showed mixed performance. The three major stock index futures were mixed, with S&P 500 futures up 0.11%, Nasdaq 100 futures up 0.54%, and Dow futures down 0.21%. SpaceX (SPCX) rose 0.81% in pre-market trading.

Optical communications concept stocks rose across the board. Credo (CRDO) gained 2.78%, Applied Optoelectronics (AAOI) rose 2.27%, Coherent (COHR) added 2.15%, Ciena (CIEN) climbed 1.95%, and Lumentum (LITE) advanced 1.79%.

Most Neocloud stocks rose. IREN gained 2.33%, Nebius (NBIS) rose 2.14%, Astera Labs (ALAB) added 2.02%, Cipher Digital (CIFR) climbed 2.00%, CoreWeave (CRWV) advanced 1.90%, while AST SpaceMobile (ASTS) fell 0.12%.

Semiconductor stocks rose broadly. Micron Technology (MU) gained 4.40%, Arm (ARM) rose 2.38%, Intel (INTC) added 2.20%, Marvell Technology (MRVL) climbed 2.17%, AMD advanced 1.91%, ASML rose 1.27%, Broadcom (AVGO) gained 1.24%, Nvidia (NVDA) added 0.77%, and TSMC (TSM) rose 0.43%.

Storage stocks were mixed. SK Hynix (SKHY) surged 8.11%, SanDisk (SNDK) rose 5.03%, Western Digital (WDC) gained 1.21%, while Seagate Technology (STX) fell 3.23%.

Crypto-related stocks showed mixed performance. BitMine (BMNR) rose 1.41%, MARA gained 0.99%, Strategy (MSTR) added 0.81%, while Robinhood (HOOD) fell 8.42%, Coinbase (COIN) dropped 1.58%, and Circle (CRCL) declined 0.40%.