Premarket Movers | US Futures Edge Higher Pre-Market; Oracle Tumbles, Chips And Space Stocks Rally
US stock index futures ticked higher in pre-market trading on Thursday, June 11.

Oracle (ORCL): Oracle shares tumbled over 9% pre-market, fueled by market anxieties over higher-than-expected capital expenditure (CapEx) and the company's new financing plans.

Semiconductors: The chip sector notched broad gains before the bell. Super Micro Computer (SMCI) surged over 6%, while ASML and ARM both climbed more than 3%. Intel (INTC), AMD, TSMC (TSM), Marvell Technology (MRVL), and Qualcomm (QCOM) all advanced over 2%.

Memory Chips: Storage-related stocks rebounded in early trading. SanDisk jumped over 5%, Micron Technology (MU) rallied more than 4%, Western Digital (WDC) gained over 3%, and Seagate Technology (STX) rose over 2%.
Space Stocks: Space exploration equities rallied strongly across the board pre-market. Destiny Tech100 (DXYZ) soared over 10%. Rocket Lab USA (RBLB), AST SpaceMobile (ASTS), and Intuitive Machines (LUNR) all spiked over 5%, while Sidus Space (SIDU) added over 4%.

Optical Communications: Optical fiber and networking concepts broadly advanced pre-market. Credo Technology (CRDO) gained over 4%. POET Technologies (POET) and Astera Labs (ALAB) both pushed over 3% higher, while Corning (GLW) and Lumentum (LITE) ticked up over 2%.
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