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US PRE-MARKET MOVERS: DELL, ADSK, OKTA, NTAP, GAP, AEO, SNOW

SourceNewsquawk
SectionUS Equities

ES +0.2% NQ +0.2% RTY flat

  • DELL +34%: Stellar report; beat exp., posted fastest post-listing sales growth, benefited from strong AI server demand & raised outlook
  • ADSK -7.5%: Agreed to acquire MaintainX in an all-cash transaction valued at about $3.6bln; earnings impressed & lifted guidance
  • OKTA +8%: EPS & rev. topped
  • NTAP +18%: Top & bottom line surpassed exp. w/ better than exp. guidance
  • GAP -16%: Cut sales outlook following weaker-than-exp. Old Navy performance w/ seasonal ranges failing to resonate with shoppers
  • AEO -11%: Underwhelming report
  • SNOW +1.2%: Upgraded at HSBC
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