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

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