US PRE-MARKET MOVERS: Cruise liners, Airliners, Lodging, Drone Makers, Energy Stocks, Supertankers, NVDA/AMD, AMZN, MDB, CI, TGT, BBY, T, SE

ES -1.5% NQ -1.9% RTY -2.3%

• Cruise liners (NCLH, RCL, CCL), Airliners (UAL, AAL, JBLU, DAL), and Lodging (MAR, BKNG) all extend on Monday’s heavy selling.
• Drone makers (ONDS, RCAT, UMAC), Defense names (LMT, RTX), and Energy stocks (OXY, XOM, CVX) continue benefit from the Middle East conflict.
• Supertankers (FRO, DHT, ECO) hit.
• NVDA -2.2% AMD -3.2%: US considers capping H200 sales at 75k per Chinese customer & shipments of AMD’s MI325 chips would also count toward the cap.
• AMZN -2%: AWS warned of prolonged service disruptions after drone strikes damaged 3 data centres in the Middle East.
• MDB -27%: Guidance disappointed; Software ETF IGV -2% SNOW -3%
• CI -4.7%: COO Brian Evanko to succeed David Cordani as CEO; backs FY26 adj. EPS view.
• TGT +4%: EPS & rev. beat w/ better-than-exp. FY profit view.
• BBY +10%: Profit topped & comp. sales declined less than anticipated.
• T -0.5%: Reiterated FY26 & multi-year financial guidance.
• SE -17%: While rev. topped, a sharp rise in expenses weighs as total expenses rose 28% Y/Y.