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US PRE-MARKET MOVERS: INTC, AAPL, ACN, KR, NUE, STLD, PFE, SPCX

Newsquawk StaffPublished On the live feed at — 5 more headlines followed before this page went public
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ING maintains BoE call, says next move is likely to be a rate cut in 2027

OPEC says world oil demand to reach 113.3mln bpd by 2030 in its 2026 world oil outlook, unchanged from last year's report; peak demand is not on the horizon and raises 2050 oil demand view to 124mln bpd

US PRE-MARKET MOVERS: INTC, AAPL, ACN, KR, NUE, STLD, PFE, SPCX

Allstate (ALL) reports May estimated catastrophe losses of USD 289mln, according to a filing

Diplomatic sources have told Al Jazeera that no final decision has yet been made on whether Iran will send a delegation to Switzerland for Friday’s talks at the Burgenstock

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ES +0.7% NQ +1.4% RTY +0.9%

  • INTC +9%: Trump said Apple has agreed to work w/ Intel to design & build its chips in America
  • AAPL +0.5%: CEO Cook said it is to raise prices due to memory chip crunch; WDC +6% MU +4.6% SNDK +4% 
  • ACN -14%: Rev. light & disappointing FY profit view; IBM -5% CTSH -5% INFY -4% WIT -2%
  • KR -3%: Profit marginally missed & reiterates FY guidance
  • NUE +1.5%: Raised next Q profit view
  • STLD -3%: Cut next Q EPS outlook
  • PFE -1.5%: CFO to step down, effective Aug. 15th
  • SPCX -1.5%

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