US PRE-MARKET MOVERS: AAPL, TTAN, GOOG, SIG, CHYM, DOW, EVMN, IRT/CSR

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FedEx (FDX) files to sell USD-denominated 10-year notes

OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports

US PRE-MARKET MOVERS: AAPL, TTAN, GOOG, SIG, CHYM, DOW, EVMN, IRT/CSR

Amazon (AMZN) sets size on debut sterling bond sale at GBP 4.25bln

US ADP Employment Change Weekly 12K (Prev. 11.75K)

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ES -0.4% NQ -0.6% RTY -0.6%

  • AAPL -0.4%: Ahead of its foldable iPhone event later today
  • TTAN -18.5%: Next Q rev. guide short of exp.
  • GOOG -2.2%: To invest a minimum of €13bln in Finland’s AI infrastructure in 2027-28; NOK +1.8%
  • SIG +10%: EPS & rev. beat alongside raising FY top line guidance
  • CHYM +9.5%: Entered a definitive agreement to acquire Stride Bank for $590mln in cash & raised Q3 outlook
  • DOW +3.5%: Reportedly weighs exit from $20bln Saudi chemicals venture
  • EVMN -10%: Phase 2b EV0756 trial did not meet primary & secondary endpoints
  • IRT -6% CSR +6.5%: Cos. have agreed to merge in an all-stock transaction

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