Tesla shares rose another 2% in overnight trading after President Donald Trump published a post on social media defending the company's CEO Elon Musk amid his work for the administration – even bringing a Tesla to the White House. The shares gained 3.8% on Tuesday.
Some chip and AI stocks gained in overnight trading. Palantir and Super Micro Computer rose 2%, Marvell Technology, TSMC, and Nvidia rose 1%; Micron Technology rose 0.6%.
Stitch Fix shares surged 24.1% in overnight trading, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as sales continued to fall.
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