U.S. equities finished higher on Tuesday, Oct. 27, according to Gate data, with the Dow Jones Industrial Average up 0.03%, the S&P 500 rising 0.60%, and the Nasdaq gaining 1.18%. A broad set of names tied to cloud compute and digital infrastructure posted strong gains. In the Neocloud group, Nebius climbed 11.22%, Cipher Digital rose 9.99%, Galaxy Digital added 9.57%, Applied Digital gained 9.42%, CoreWeave advanced 7.94%, and IREN rose 7.90%.
Optical communications stocks also moved higher, led by Credo at 10.77% and Astera Labs at 10.47%. Applied Optoelectronics, Coherent, and Lumentum each posted gains as well. Storage shares were broadly up, including Western Digital, SanDisk, Seagate Technology, Micron Technology, and SK Hynix. Semiconductor names followed the same direction, with AMD up 5.45%, Marvell Technology up 4.19%, Broadcom up 4.00%, Intel up 3.61%, while Taiwan Semiconductor Manufacturing and ASML both rose 2.94%.
According to Gate data cited by ChainCatcher, U.S. stocks closed higher on Tuesday, Oct. 27. The Dow Jones Industrial Average rose 0.03%, the S&P 500 gained 0.60%, and the Nasdaq climbed 1.18%.
Neocloud names all finished in positive territory
Nebius (NBIS) rose 11.22%, Cipher Digital (CIFR) gained 9.99%, Galaxy Digital (GLXY) added 9.57%, Applied Digital (APLD) advanced 9.42%, CoreWeave (CRWV) rose 7.94%, and IREN gained 7.90%.
Optical communications stocks mostly moved higher
Credo (CRDO) rose 10.77%, Astera Labs (ALAB) gained 10.47%, Applied Optoelectronics (AAOI) added 6.96%, Coherent (COHR) rose 6.38%, and Lumentum (LITE) advanced 5.88%.
Storage and semiconductor shares also posted gains
Storage stocks were higher across the board, with Western Digital (WDC) up 6.95%, SanDisk (SNDK) up 3.92%, Seagate Technology (STX) up 3.67%, Micron Technology (MU) up 2.77%, and SK Hynix (SKHY) up 1.92%.
Semiconductor stocks also moved up. AMD gained 5.45%, Marvell Technology (MRVL) rose 4.19%, Broadcom (AVGO) added 4.00%, Intel (INTC) climbed 3.61%, while Taiwan Semiconductor Manufacturing (TSM) and ASML (ASML) both rose 2.94%.
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