Market Movers | Cybersecurity, Optical Communications, Cloud Computing, Crypto Stocks Rally

Tiger Newspress
Yesterday

Cybersecurity stocks jumped in morning trading. Okta rose 24%; CrowdStrike rose 16%; Palo Alto Networks, Tenable, Netskope, Rubrik, and Zscaler rose 10%; SentinelOne rose 8%; Cloudflare rose 6%; Fortinet rose 5%.

Optical communications stocks jumped in morning trading. Credo Technology rose 6%; AXT rose 5%; POET Technologies rose 3%; Photonics & Optics ETF rose 2%; Semtech and Coherent rose 1%.

Cloud computing stocks rallied in morning trading. Salesforce rose 18%; Datadog and ServiceNow rose 10%; Snowflake rose 5%; IBM and Nebius rose 2%; Oracle rose 1%.

Crypto stocks also rose in morning trading. Cipher Mining rose 7%; Strategy rose 6%; MARA Holdings, Keel Infrastructure, TeraWulf, and Hut 8 rose 5%; Circle, IREN, and CleanSpark rose 4%; Coinbase, Riot Platforms, SharpLink Gaming, Bullish, and Robinhood rose 3%; BitMine rose 2%.

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