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QBTS -6.77% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
AMD explodes +8% after-hours; space stocks ASTS and PL surge on volume.
AMD is trading $503.89 in extended hours after $467.51 close — the move is pulling tech sentiment higher with QQQ already up 1.66% on the session. ASTS is the standout at $119.70, +15.71%, with PL adding 12.1% to $48.32 and RKLB tacking on 5.49% to $143.20. Crypto miners RIOT (+6.64% to $26.08) and MARA (+3.04% to $14.28) are riding the risk-on wave. Quantum names QBTS and RGTI are diverging hard, down 6.77% and 6.70% respectively despite the broader move.
Watch: AMD $510 as first resistance in extended trade; ASTS $125 as the next level given today's momentum. QBTS weakness below $27.82 flags sector rotation out of quantum.