Premarket Movers | Rocket Lab, Oklo, Dell Gain Around 4%; Oil Stocks Jump with USO up 3%; Optical Stocks Fall with Corning, Lumentum Down Nearly 3%

TigerJul 22, 2026 8:35 AM

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Oil stocks jumped in premarket trading. Equinor, USO, Battalion Oil up over 3%; Sable Offshore, ConocoPhillips, BNO up over 2%.

Oil futures jumped over 3% as investors weighed the escalating Middle East conflict after U.S. forces struck Iranian military targets for an ‌11th consecutive night.

Rocket Lab gained 4.17% in premarket trading on a $266 million U.S. Air Force suborbital launch contract and Iridium acquisition momentum.

Oklo jumped 4% on selection for a $200 million AI data‑center nuclear program and progress toward Texas reactor startup.

Dell Technologies rose 3.92% as hardware rallied after SMCI’s update; JPMorgan lifted its target to $550 and a Scale AI pact supported.

Optical stocks fell in premarket trading. Fabrinet, Coherent, Astera Labs down over 3%; Corning, Lumentum down nearly 3%.

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