US PRE-MARKET MOVERS: AVGO, SNDK/NVDA, CRWD, FUTU, AMZN, PVH, COST, MANU

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US PRE-MARKET MOVERS: AVGO, SNDK/NVDA, CRWD, FUTU, AMZN, PVH, COST, MANU

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ES -0.4% NQ -1.2% RTY +0.3%

  • AVGO -14%: Rev. missed as did next Q semiconductor rev. from AI guidance; as a result, MU -6.5% AMD -4% INTC -4% QCOM -4.5% MRVL -6.2%
  • SNDK -5% NVDA -1.1%: Weighed on by AVGO & SK Hynix telling investors its proposal to list in the US has received a very positive response from shareholders
  • CRWD -10%: Q metrics narrowly beat & underwhelming guidance, that was only roughly in line
  • FUTU -4.5%: To reportedly restrict trading for accounts in Mainland China
  • AMZN +1%: To invest over €10bln on European fulfillment centers
  • PVH -22%: Updated guidance disappointed amid pressure on EMEA consumers from Middle East conflict
  • COST +2.2%: May net sales jumped
  • MANU +2.3%: Amid reports of Glazer Family possible sale of ownership stake

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