markets
RIOT -7.74% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Space, crypto, and quantum names in freefall — sector rotation or something bigger.
ASTS is the standout wreck, down 17.09% to $54.885 intraday. RKLB and PL are both off 12%+, RIOT and MARA dropping 7.74% and 6.18% respectively, while quantum names QBTS, IONQ, and RGTI all shed 5-6%. AMD cracking 5.35% to $501.705 signals this isn't isolated — broad tech is under pressure with NVDA down 2.76% and SPY holding at $752.28, off 0.37%.
Watch: ASTS $50 as next technical floor; a break confirms distribution, not a dip. AMD $495 is the level — lose it and semis accelerate lower, dragging the whole complex.