US PRE-MARKET MOVERS: HUM/UNH/CVS, GLW, CRWV, MU, CRM, GM, HCA, AAL, UPS, RTX, BA, NUE, JBLU, SANM

ES +0.3% NQ +0.6% RTY +0.2%

• HUM -17% UNH -16.7% CVS -13%: Trump admin proposes keeping the rates steady that Medicare pays insurers
• GLW +6%: META reportedly agreed a deal to pay GLW as much as $6bln for fibre optic cables in data centres
• CRWV +4.7%: Following NVDA investment yday, upgraded at Deutsche Bank
• MU +4.5%: To invest $24bln over 10 years in Singapore NAND plant
• CRM +2.3%: Subsidiary Computable Insights awarded $5.64bln Army contract

Earnings:

• GM +4.3%: Profit topped & approves new $6bln share repurchase prog.
• HCA +4.5%: Profit topped & authorised additional share repurchase prog. for up to $10bln
• AAL +4%: Midpoint of FY profit view surpassed Wall St. consensus
• UPS +3.7%: Top & bottom line surpassed exp; Strong FY rev. outlook
• RTX +3%: Strong Q metrics w/ midpoint of FY EPS view also above exp.
• BA -1%: Profit beat, but only topped as results incl. $9.6bln gain on digital aviation solutions deal
• NUE -2.5%: EPS & rev. light
• JBLU -3.5%: Deeper loss per shr. than exp.
• SANM -9%: Next Q sales outlook disappointed
• In earnings, UNH profit & rev. was short w/ FY26 top line guidance light