Broadcom rose over 4% in pre-market trading on US stocks, as the company and Apple expanded their technology collaboration via a new multi-year agreement extending to 2031.

According to Bit.com's market data, the Nasdaq's gain has widened to 1%, after Trump posted that the market would surge sharply.

According to market sources, Microsoft (MSFT.O) will lay off 6,400 employees, with half of the cuts coming from a restructuring of its Xbox gaming division. The layoffs represent roughly 2.8% of the company’s total workforce. Microsoft will sell five studios, including Compulsion and DoubleFine.

US President Donald Trump publicly urged people to "buy a Dell computer", once again endorsing Dell. When asked about Dell’s prior donation to the "Trump Account", Trump said, "We will find a way to get that money back." Separately, Trump specifically mentioned Micron Technology, saying "Thank you Micron". Earlier, Micron had invested $250 million in the Trump Account.

SpaceX President Gwynne Shotwell announced Monday that she and her husband will donate 2 million SpaceX shares to the "Trump Account" program, with one share each going to more than 2 million U.S. children. At the current share price of roughly $160, the total value of the donation is approximately $320 million. The announcement comes just days after Trump publicly predicted SpaceX would participate in the initiative. Shotwell noted the donation targets children aged 11 to 17 in lower-income areas, with a focus on recipients near her home in central Texas. Earlier, Michael Dell and his wife pledged a $6.25 billion donation, Micron Technology committed $250 million, and firms including BlackRock, Intel and JPMorgan Chase said they will match donations at a $1,000 per-person standard. Trump told CNBC in a prior interview that he expected Elon Musk would also donate SpaceX shares, stating "I think he will do that," though Musk has not publicly responded to date. Trump also added that his relationship with Musk remains strong, describing their past disagreements as "a little friction."

Renowned venture capitalist Tim Draper stated that his investment philosophy has always been to bet on innovative projects that have not yet reached a market consensus. He recalled that his venture capital firm Draper Associates was one of SpaceX’s earliest external investors. After the investment, SpaceX’s first two rocket launches ended in failure, but with the success of its third launch, the company ultimately attracted a large number of clients by offering launch costs far lower than NASA’s, growing into a firm valued at over $2 trillion. When discussing AI, Draper said that although xAI lags behind rivals like OpenAI and Anthropic in market share and enterprise adoption rates, he remains more optimistic about xAI, believing it focuses more on providing accurate information rather than catering to users. He predicts that the AI industry will undergo a shakeout similar to that after the dot-com bubble, and the true industry giants may emerge after the next round of adjustments. Draper believes innovation requires a free entrepreneurial environment, noting that the U.S. and Singapore remain the most attractive startup destinations currently.

US stock market opens: Dow Jones rises 0.11%, S&P 500 gains 0.32%, Nasdaq climbs 0.78%. Chip stocks rally across the board: SanDisk (SNDK.O) jumps 4%, Western Digital (WDC.O) surges over 5%. Broadcom (AVGO.O) advances 3.5% as its partnership agreement with Apple is extended to 2031.